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<p>[QUOTE=&quot;Vess1, post: 774404, member: 13650&quot;]&quot;What&#039;s the best thing to invest in&quot; has become the biggest unknown of the last couple of years.&nbsp;&nbsp; Given the situation going forward, anybody&#039;s guess is as good as anyone else&#039;s.&nbsp; You have to have a lot of faith and assume quite a bit to want to take part in ANYTHING that&#039;s available out there.</p><p><br /></p><p>&nbsp;&nbsp;&nbsp; I don&#039;t have confidence in much of any of it anymore.&nbsp;&nbsp; The interest rates are a joke and will be for a long time.&nbsp;&nbsp; If you&#039;re only getting 1% in a bank, you may as well buy something with it.&nbsp;&nbsp; The cost of most products are going up more than 1% a year.</p><p><br /></p><p>&nbsp;&nbsp;&nbsp; I&#039;ve heard reports that this whole next decade will be rough for the job market and that jobs may not catch up to get unemployment back down to normal 5% levels until 2020.&nbsp; &nbsp; A large segment of the baby boomers will need to retire this decade and they will be looking to sell off their stock to live on.&nbsp;&nbsp; They can only hope that there will be enough people employed at that time, *who can also afford to invest in the scheme* and buy all those shares they&#039;re looking to dump.&nbsp;&nbsp; How many buyers can they expect?&nbsp; I guess we will see.&nbsp; &nbsp; And before anybody thinks they&#039;ve got the solution in that people will just take over for the retirees....&nbsp; what percentage of them can we expect will be replaced?&nbsp;&nbsp; You can guarantee it won&#039;t be 100%!&nbsp;&nbsp; And what will they be paid?&nbsp; </p><p><br /></p><p>&nbsp; It&#039;s still a false economy in which the numbers are fluffed and sugar coated to get people to have confidence in anything.&nbsp; &nbsp; There&#039;s a lot of new vacant parking lots and factories in this country since 5 years ago.&nbsp;&nbsp; It&#039;s very likely nothing is going to replace the majority of it.&nbsp;&nbsp; We simply can&#039;t compete with foreign competitors who have no OSHA laws, no labor laws, no EPA, no minimum wage, no unions, no insurance to worry about, etc....</p><p><br /></p><p>&nbsp; <b>As listed in the WSJ, 165 banks have failed in the past 2 years at a cost to the FDIC of over 50 billion dollars.</b>&nbsp;&nbsp; In 2007, they said they had a reserve on hand of 53 billion dollars to handle bank failures.&nbsp;&nbsp; Are they set up to handle another 2 years of this?&nbsp;&nbsp; Who knows.&nbsp; Many of these banks have been around since the 1800s.</p><p><br /></p><p>&nbsp;&nbsp; &nbsp;&nbsp; Real estate might not be anywhere near bottomed out yet.&nbsp;&nbsp; If we get to a point where nobody can get loans, you will be forced to sell for whatever people can come up with.&nbsp; &nbsp; And that won&#039;t be $10k an acre or $500k for a house!</p><p><br /></p><p>&nbsp; Our whole system works on a bubble of perpetual debt.&nbsp; As long as the bubble can keep growing larger, we&#039;re fine.&nbsp; If it simply can&#039;t grow anymore or it pops.....well, get ready for a whole new reality.&nbsp;&nbsp; It will happen at some point.&nbsp; </p><p>&nbsp;&nbsp; We&#039;re at a point now where the national debt doubles under each new administration.&nbsp; &nbsp; I know a lot of people think that doesn&#039;t matter in the least!!&nbsp;&nbsp; But to the others, what do you expect that will eventually do for the buying power of the US dollar?&nbsp;&nbsp; Seriously.&nbsp; </p><p><br /></p><p>&nbsp; People can be realistic about things or they can stick their head in the sand.[/QUOTE]</p><p><br /></p>

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