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      01-29-2008, 07:27 PM   #17
AndrewAZ
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Quote:
Originally Posted by Chunga View Post
Or dont invest at all right now.
Just read the financiel news. Houses are going down over 10% FEDS will lower the rent by 0,50% more.
China and India benefit from the bad american situation and get stronger it will get worth next week.
They expect 100.000 will be out of work - every week.
Worst situation sinse 1937.......
We just wonder - whats going on over there.
Bush won his war - but total lost his financials.
Anyway - looks like its a wery hot sitiation if you have ot invest right now.
(not my words or knoledge)

The only happy man here is me!! - i am in import business and pay in USD. My items get cheaper and cheaper every day.

You have been listening to Hillarys camp a little too much... Our economy is fine we have not had a decline in GDP yet, we have not met the definition of an economic downturn aka recession. Employment is economically speaking full right now, yes growth has slowed a little but it still has not hit negative numbers.


Right nows a great time to invest or buy a house if you have the money, you are getting that great 10% discount which will continue to grow in some parts of the market such as housing. Right now I am about to buy a house and I figure I can get a 15% discount but I am waiting till mid Feb for a 20% discount. As for investments I have some cash waiting to go in once it hits my buy price which in most cases is 10% bellow current value.. Buy low today and hold and you will be very well off in 5 years++++, investing in the short term is never a great option and can be likened to gambling.

As for the US $$ yes its weak but weak because of speculation and this only help the US in regards to exports, we are not exporting more thus attracting more investment which will bring our USD back, if things turn out like Hillarys camp says then the entire world will drop into a depression and we will all die from global warming.
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