Good Idea - Bad Idea
 

Boater wrote:
Cliff wrote:
In the coming times which businesses will do well
& which poorly?

Bars, beer & cheap fast food will probably do well.
The unemployed drink more if they can afford it IIRC.

Probably auto repair as new will not much be sold.

Grain futures? Pork bellies?

Where else to invest without expecting doom?
Auctioning property & assets?
Buying what?


60 Minutes had a segment on in which overpriced condos in south Florida
were featured. These were condos on the beach that had sold for $2
million or more, and now were on the market for half that or less. Once
they drop to $250,000, I'm going to buy one!

A friend of mine bought such a condo in Bal Harbour the last time the
condo market there crashed. He paid $100,000 or so for a really nice two
bedroom unit in a first class high rise right on the beach. His building
is fully occupied, and the last I heard, you couldn't touch those units
for less than a million, even in today's market.

Nice cross posing Dude.

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