If the economy was to take a dive, what would you be BUYING...

mach19 · October 30, 2007 7:55AM

And or selling. Food for thought.

OKbustchaser · October 30, 2007 8:14AM

Same things I buy now...maybe not as many of them, though.

Edscoin · October 30, 2007 8:20AM

Probably just FOOD!

pharmer · October 30, 2007 8:21AM

Stocks like The New York Times, ABC, CBS, CNN, LA Times, Washington Post, etc. It would mean that these entities had finally been able to talk down the economy. Which would mean that people had started watching/reading them again

bidask · October 30, 2007 8:24AM

<< Stocks like The New York Times, ABC, CBS, CNN, LA Times, Washington Post, etc. It would mean that these entities had finally been able to talk down the economy. Which would mean that people had started watching/reading them again

>>

Those stocks are in the tank now!

MidLifeCrisis · October 30, 2007 8:27AM

It would depend on the reasons for, and extent of the dive...but assuming a downturn in the overall economy caused an equal or even greater downturn in the coin market (and coins got cheaper!), I would look at it as a buying opportunity.

And, like OKbustchaser, I'd buy the same things I buy now...but I'd try to buy more of them!

beartracks42 · October 30, 2007 8:28AM

FOOD and health care!!

fc · October 30, 2007 8:32AM

same as before. half eagles.

LALASD4 · October 30, 2007 8:38AM

Casino stocks, people gamble more in bad times.

Coxe · October 30, 2007 8:51AM

I had the bright idea before to buy shares of Harris Polls (HPOL), thinking when things get rocky, the public opinion poll contracts ramp up. Didn't work for me; so that wasn't the best guess.

I do like the idea of investing in gambling. Liquor too. Bars are always full during the worst of times, even moreso than in the best of times.

Our society has grown increasingly antiempathetically antisocial and violent. So buying ammunition and a decent home security system might be a good idea for some.

If you think the markets are in for a rocky ride, considering protecting some of your long and short positions with options may be something to consider not putting off for another time. It's an expense like any other insurance policy.

TwoSides2aCoin · October 30, 2007 9:02AM

stocks in a brewery

ziggy29 · October 30, 2007 9:04AM

Assuming the stock market went on fire sale with it...lots of stocks.

tcmitssr · October 30, 2007 9:05AM

Buying US gold bullion (non-slabbed) and silver commems in PCGS 66 and above. Any money left over at the end buys as much US platinum bullion as it left.

jimmymac · October 30, 2007 9:11AM

continue to look and buy keys, semi-keys and rare MS across the board.

Bear · October 30, 2007 9:24AM

Aspirin and Preparation H Ointment.

VamGuy · October 30, 2007 9:39AM

Depending on the depth of the dive... Ammo.

OPA · October 30, 2007 9:50AM

Real Estate ... It can only go up after the economy bottoms out. "Shades of 1979 & 1989" History always repeats itself.

GAT · October 30, 2007 10:03AM

Buy a new Mercedes for European delivery and just tour around paying $7 per gallon for gas. (Have done that a couple of times in the past in VWs)

OPA · October 30, 2007 10:14AM

Gonna watch the tube...The History Channel should be a clue as to what if any to invest in.... airing a 2 hour show now: "THE LOST BOOK OF NOSTRADAMUS"

pharmer · October 30, 2007 10:39AM

See, nothing to worry about. People will buy Mercedes, real estate, gold, guns, stocks, pharmaceuticals...And then the economy gets better again. It has ever been thus.

Coxe · October 30, 2007 10:42AM

<< Real Estate ... It can only go up after the economy bottoms out. "Shades of 1979 & 1989" History always repeats itself. >>

On a micro and a macro level. Don't forget the repeated lessons of Babylon, Greece, Rome, Great Britain, ... Of course, an Italian villa probably weathered the economic ravages of a fallen empire in the end.

Joflax · October 30, 2007 10:45AM

Less!!!

mach19 · October 31, 2007 7:55AM

<< Aspirin and Preparation H Ointment. >>

I told you to stay away from those Jelly dognuts.

grip · October 31, 2007 8:12AM

<< stocks in a brewery

>>

.............Or food stamps

Gemineye · October 31, 2007 8:37AM

Quarts of gasoline instead of gallons....

ModernCrapNut · October 31, 2007 8:50AM

<< Quarts of gasoline instead of gallons....

>>

At least pricing per liter sounds more reasonable.

If prices were to drop, I'd look for some nice proof Walkers. If it gets bad enough, I could always head for the Philippines where my pension would be great money.

57loaded · October 31, 2007 8:55AM

<< Real Estate ... It can only go up after the economy bottoms out. "Shades of 1979 & 1989" History always repeats itself. >>

if you have the money and know where to buy...

Michigan · October 31, 2007 9:08AM

<< Stocks like The New York Times, ABC, CBS, CNN, LA Times, Washington Post, etc. It would mean that these entities had finally been able to talk down the economy. Which would mean that people had started watching/reading them again

>>

I think you will have your chance in 2008. Economic indicators all over the place do not look good for the next year or so.

pharmer · October 31, 2007 9:39AM

<< 

<< Stocks like The New York Times, ABC, CBS, CNN, LA Times, Washington Post, etc. It would mean that these entities had finally been able to talk down the economy. Which would mean that people had started watching/reading them again

>>

I think you will have your chance in 2008. Economic indicators all over the place do not look good for the next year or so. >>

That's what you said last year. And the year before. And...