Need Investment Guidance? Ask The DUmp!

[GOBUCKS]

AzNick (347 posts)      Sat Oct-04-08 01:07 PM
Original message
Should I buy some stocks now?
Is Wall Street going to react positively to the bailout?

Is now the right time to buy some undervalued stocks, or can it really be worse than it already got?

Thanks!

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x4169129

Can you, in your darkest moment, imagine asking the DUmp "community" for investment advice? Consider that it's where stevenumbers goes for his investing info, and he is no more successful financially than he is sexually.

For his sake, I hope DUmmy AzNick is a troll, trying to bait the DUmp into revealing their dependably stupid opinions. He got a few:

Oregone (1000+ posts)      Sat Oct-04-08 01:11 PM
Response to Original message
1. You are better of buying wine
Much better ROI than stocks, and you can drink it if all goes to hell.

But not, pardon the pun, nearly as liquid as other investments

Tuesday Afternoon  (1000+ posts)        Sat Oct-04-08 01:18 PM
Response to Original message
4. I would buy land. n/t

There may be an argument for this, but in DUmmy Tuesday Afternoon's case, I'm sure he has just now become aware of a huge boom in real estate.

DUmmy Zevon fan is the only one who confines his comments to his area of expertise:

Zevon fan  (400 posts)        Sat Oct-04-08 01:26 PM
Response to Original message
8. Or socks...
People won't be able to afford shoes so they will have to wear multiple layers of socks. Those with lots of socks will do well.
Buy socks. Not stocks. 

[comradebillyboy]

Maybe a better alternative to seeking economic advice at the DUmp would be to do a little research on what investments are doing well and which are doing poorly.

I think I'll invest in a case of 25 year old single malt scotch. One of my friends invested in silver back when the price was at an all time high. Shortly thereafter the price fell through the floor. He ended up using the silver ingots as weights in his workouts.

[DarkHalo]

Dear lord, asking for investment advice at the DUmp is like asking a pedophile for child rearing advice.

[jukin]

Dear lord, asking for investment advice at the DUmp is like asking a pedophile for child rearing advice.

Or on suggestions on substance abuse.

[InfamousAndy]

This person isn't interested in investing, they are interested in gambling.  The investor is worried about the long-term.  Only the gambler will be looking at the direct effects of the short-term.

[Chris_]

Or on suggestions on substance abuse.

Nio, THAT you could get great advice on.  What makes you highest, what you should ask your doctor for, how much you can make on the street -- the DUmp is your one-top information souce on all things druggie-related.

[Zeus]

Maybe a better alternative to seeking economic advice at the DUmp would be to do a little research on what investments are doing well and which are doing poorly.

I think I'll invest in a case of 25 year old single malt scotch. One of my friends invested in silver back when the price was at an all time high. Shortly thereafter the price fell through the floor. He ended up using the silver ingots as weights in his workouts.

It has never ceased to amaze me when the economy starts to falter/stutter. You have certain folks that swear Purchasing precious medals is a sure fire way to ride it out. Yep it is a sure fire way to ride it out problem is the vast majority ride it out to big looses.

[DarkHalo]

Or on suggestions on substance abuse.

Or professional career advice! Well, if by 'career' we meant living on welfare then yeah, the DUmmies would be good advisors I guess.

[Ralph Wiggum]

Dear lord, asking for investment advice at the DUmp is like asking a pedophile for child rearing advice.

Pun intended, DH?

[DumbAss Tanker]

It has never ceased to amaze me when the economy starts to falter/stutter. You have certain folks that swear Purchasing precious medals is a sure fire way to ride it out. Yep it is a sure fire way to ride it out problem is the vast majority ride it out to big looses.

Speaking as someone who buys silver casting grain for purposes of actually making stuff out of it, I hope everyone who ran the price up three times over during the past five years or so takes such a bath on it that they never, ever consider touching it again.

[DarkHalo]

Pun intended, DH?

DOH! I did not even see that pun coming....