Received this from a friend and wanted to pass it on:
A Broker's Advice
Thought I'd pass along some advice my broker gave me today.
I called my stockbroker this morning & asked him what I should be investing in as I feel interest rates are going to be rising as they did during the late 70's early 80's. So I told him I thought we ought to be looking to getting out of bonds & looking for a safe haven to invest. Should we move to precious metals, foreign currency or what?
This is what he said: "If Obama is in office much longer, canned goods, water and ammunition are your best bet." ---johnnyb
Very sound advice. My investments follow along this same line.
ReplyDeleteI'm afraid that's true.
ReplyDeleteI think things are in such a mess that it doesn't matter much who is in office, there's no way to put Humpty Dumpty back together again. I was for Perry until he indicated he'd do away with social security, which would leave me starving after the 2008 debacle.
ReplyDeleteArsenius--I am with you on that.
ReplyDeleteStephen-Mine too. Ordered more ammo yesterday.
Duke--Thanks