What should I buy

[lonesomebob]

I called my stockbroker and asked what he would reccomend. He replied canned goods and ammunition. Scary!!!!! Bob

 

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[rmptr]

Bob, sounds like you've been using the wrong broker... but that's not to say many others aren't doing the same thing.

There's probably money to be made trading, but a lot of risk, and many commissions to be paid that would chip away at profit you could take.

There's plenty of advice available if you're interested in the prepper/survivalist/doomer scenario that you could spend newly found profits on... It's never a bad idea to be prepared for adverse things that may happen.

Good luck
rmptr

 

[Timberwolf]

Bob,

Beans and bullets!
When your money becomes worthless, you will still have food to eat and a way to get more.....not to mention protection of you and yours.

Timberwolf

 

[diggummup]

Gunpowder and lead.

 

[lonesomebob]

Got them all, and Montes squirrels to boot. Bob

 

[Lasivian]

This is just my recommendations, but some of you might remember my last ones

Southwestern Energy
Apple
Intuitive Surgical

Those three have extremely good 5-year return prospects.

The following are also good bets in my opinion.

Range Resources
Myriad Genetics (Nasdaq: MYGN)
Celgene
Monsanto
Immucor
Alexion Pharmaceuticals
Seaboard

Of course you should do your own research, but remind me in a few months to post the results of these stocks

 

[pygmy]

I followed your advice way back then and did well out of those 3.
Also from your latest crop, Seaboard is a sentimental favourite of mine due to its quality pork products.

 

[Seamuss]

If your not invested in the right stuff by now, then you and I might be to late.

Invest in the survival skills that you learned decades ago. It pulled a lot of good people through the great depression.

 

[Lasivian]

Time to check up on my picks.

Southwestern Energy
Then 44.39, now 45.89

Apple
Then 184.48, now 196.35

Intuitive Surgical
Then 246.51, now 253.55

These were safer bets, now the other ones:

Range Resources
Then 51.91, now 53.00

Myriad Genetics (Nasdaq: MYGN)
Then 28.65, now 25.08

Celgene
Then 54.27, now 52.65

Monsanto
Then 79.98, now 71.82

Immucor
Then 18.00, now 18.09

Alexion Pharmaceuticals
Then 46.25, now 48.07

Seaboard
Then 10.30, now 15.30

Of course remember these are results after 1 month, which is the blink of an eye for the stock market.

Pigiron picked the best of the bunch, 50% return after only 1 month

 

[pygmy]

Thanks for that Lasivian . Despite the swine flu scare , you can't keep a good hog down.
From Wikipedia:
"Pork is the most widely eaten meat in the world, accounting for about 38 percent of meat production worldwide, although consumption varies widely from place to place. Despite religious restrictions on the consumption of pork and the prominence of beef production in the West, pork consumption has been rising for thirty years, both in actual terms and in terms of meat-market share."

And when times are tough :
http://www.abc.net.au/news/stories/2009/01/10/2462958.htm

Seaboard is hugely diversified and should weather any storm.