Best Answer - Chosen by Asker
Precious metal and bullets (and hold both) are the only wise investments in this economy.
Cigarettes would also be good, if you can find a black market where you can dump them at a nice profit but still below the impending sin tax increase. :)
In all seriousness, this stimulus will all but kill small business. We have also laid off 4 employees within the past month, and more downsizing is coming. Saddling small business and then throwing out useless incentives such as accelerated depreciation and increased expensing is nothing more than dressing up a pig. Small businesses, by definition, don't have the capital or resources to take advantage of a $250,000 per asset expenditure, even if it is 50% depreciable in the 1st year.
The socialist mantra is that the government control the means of production, and small business drives a free enterprise, so small business must be vanquished in order for the plan to succeed.
All of the "taxing the rich" talk is smoke and mirrors. Anyone who has actually read the stimulus can see that the true bearers of the burden are small businesses. Obama and the socialists hate anything small, so it must be punished.
Buy metals, and hold them if you can. Also, bullets are at a real premium and will rise as the shortages continue. If you have a market to resell ammunition, hunting loads will make you rich as the 2009 seasons approach. Prices are expected to rise as much as 500%, but more realistically they will double or triple.
And metals, well, you know what's happening there.
- Asker's Rating:
- Asker's Comment:
- Accurate. I just checked with the hunting store and they're out of most of the ammo I use. I'm on the list for when more comes in.