Defensive stocks
| |
|
Last Poster |
Posts |
Pages |
Last Post |
| |
|
|
|
|
|
|
| Author |
Message |
     colin_twiggs
Member
Username: colin_twiggs
Post Number: 3279
Registered: 09-2002Rating: N/A
Votes: 0
|
| | Wednesday, December 03, 2008 - 01:07 pm: |  
|
I received this question from a reader:
Pretend for a moment that the US dollar collapses..and silver and gold go down too...where could you put your money?
If the dollar collapses gold will rise. But if something crazy happens and they both fall, the safest place is going to be real assets with secure income streams. In the stock market I would be looking at utilities, food retailers, health care, with secure franchises such as MacDonalds, Walmart, Costco.
I would welcome further suggestions. If there is sufficient interest perhaps we could create a watchlist of defensive stocks for each market.
Regards,
Colin
|
lukematt
Member
Username: lukematt
Post Number: 8
Registered: 10-2008Rating: N/A
Votes: 0
|
| | Thursday, December 04, 2008 - 12:29 am: |
|
I agree with Colin who wrote "the safest place is going to be real assets".
From my perspective, if a company has one million shares and you own 1000 shares, your still have 0.1% of the company. In a good economy. In a bad economy. It's always 0.1%.
I don't like the term "defensive stock" because it implies a siege mentality. I think that you can find good, cheap stocks in any market. In fact, they're harder to find in an "up" market. Right now, there are many ridiculous bargains on the markets.
|
|
Threads by Last Post Time: First
1
2
3
4
5
6
7
8
9
10
Next
Last
|
Auto-Fit Trendlines
