Monday, October 3, 2011

A brokers advice

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


  1. Very sound advice. My investments follow along this same line.

  2. I 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.

  3. Arsenius--I am with you on that.

    Stephen-Mine too. Ordered more ammo yesterday.