SO, best sectors for a bear market?:confused:
How about renewable energy companies, with everything "going green"...I wonder if it's a good time to start looking into coal, solar, ethanol..etc type funds?
Most of my investments are in real estate...but I have some cash on the sidelines waiting to jump in...Just don't know where yet.
Jim Jubak who writes a financial column for MSN Money, likes renewables like solar, once things level out a bit. Especially if Obama wins the election. This was his comment:
Of course, that's assuming things get back to a semblance of normality.Quote:
They've been beaten up badly along with the rest of the energy sector. But with new government subsidies likely to kick in sooner than expected and an end to the silicon-wafer shortage, these stocks could show gains of 20% or more in 2009 -- even with a global economic slowdown in the cards for the first half of the year.
I just looked up Morningstar's highest rated funds and ProFund's inverse index funds have skyrocketed since inception...especially this last week.
15K minimum..time to jump in and hope the bear market lasts 6 months?
I never dealt with inverse funds...very attractive right now if that's where we are headed.
President on the tube now giving his plan to fix things. When you can’t really think of a new plan or something original to say - reiterate the obvious. Remember - we’re supposed to have confidence in him, as our leader, trying to imitate FDR. :rolleyes:
Wonder how many more days until Toyota buys General Motors?
Hey! On the the plus side, those of us who still have money can go back to mocking the Canadians for their toy "dollars". :D