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![]() "Eisboch" wrote in message ... "D.Duck" wrote in message ... "Eisboch" wrote in message ... All this occurred in 1983 or thereabouts. Eisboch Does this mean you'll be giving up the limo and sound equipment rental business? 8) The secret to success is diversification, my man, diversification. Eisboch Agreed, diversify is key. But in this market I would slant it a bit sticking with things people require near and long term. Cars for example, optional luxury going forward for many or one car instead of two or maybe keep old the old beast on the road longer. If I did invest in anything with a discretionary product, strictly a short term play. Longer term, I like commodities and liquid cash (not loaned out). I would do food but too much is either union or not available to small investors (private equity). Even if this bear market ended tomorrow, luxury items will be slow to come back because of the wealth hit. Limo and sound equipment, I would just right-click-sell and eat the loss. |
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