5 ms·
I'm not so sure. I think the broader economic forces may help tech companies rather than hurt. No matter what happens, America (and the world) will still have
by hnsmurf 15y ago
I'm not so sure. I think the broader economic forces may help tech companies rather than hurt.
No matter what happens, America (and the world) will still have a lot of very wealthy people and institutions. Those people need to put their money somewhere. The stock market is scary, bonds and banks don't pay anything. If you had $100 million tomorrow to invest what would you do with it? I'd start looking for startups.
10% unemployment seems bad to us, relative to our more historical 5%, but Europe has dealt with that for decades. People still buy iPhones and sign up for Netflix. Even if the market for new services is reduced by a few %, the quality of new services will more than make up for it.
Rich people will still want to make money and startups will still be an appealing way to do it.
- chailatte 15y agoI would invest in gold. No hassle. No risk since every country is printing money and putting savers at risk. Doubled in price in dollar in two years thus far.
- checker 15y agoGold is the safe bet, but some people like to diversify with some riskier investments.
- kragen 15y agoThat's a peculiar sense of "safe". The value of gold fluctuates substantially over time, even over fairly short periods of time. Sometimes (like the last decade) it goes up; other times (like most of the 1980s and some of the 1990s) it goes down. It's easy to lose half of what you invested; if you time it right, you can lose seven-eighths. The peculiar sense in which gold is "safe" is that it tends to go down just as much as it goes up; that is, it isn't subject to secular inflation or deflation.
- checker 15y agoThanks for the explanation. I guess I was repeating what I've heard from the talking heads on TV that really provide popcorn financial advice.
- jarek 15y agoAbsolutely no risk of price falling closer to its intrinsic value either...
- diogenescynic 15y agoEvery piece of gold every minted is still sitting around somewhere, there is no reason tomorrow it won't be back down to $400/oz. Gold is just a measurement of fear and confidence in governments/currencies. If you really think governments/FIAT currencies are going to fail you might as well by SPAM and canned goods because they're going to be a hell of a lot more valuable during a true depression than some shiny metal.
- Jach 15y agoI'd sooner get bitcoins than gold. =P No risk since there's no government involved.~ Doubled multiple times in the last several months. (Recently halved a time or two though. :( ) No middle-men or scammy "buy all your gold here and then we'll go out of business and you'll never get it back!" businesses if you just want to mine everything.
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- fdedevillany 15y agoONE STEP TO YOUR GOLD RESERVE DEAR SIR/MADAM In cooperation with the German company KB - VISION, I offer and suggest an investment in the safest and most stable currency in the world, which has existed for 2600 years, gold currency-kinebar. As you already know, the economic crisis is present all over the world. Real Estate Market, Securities Market and the banks find themselves faced with a difficult test. Consequently any investment risk for people and firms. I advise to my relatives and friends that they create their own personal gold reserve with gold currency which is suitable for everyone. History teaches us that the safest long-term investing in gold. WHY GO FOR THE GOLD CURRENCY? - oldest and most currency in the world - safest way to keep the value - without inflation - resistance to reform money - usable all over the world - the only way to preserve property - resistant to crises - the most anonymous currency in the world - without the possibility of devaluation KB - VISION OFFERS THEIR CUSTOMERS THE FOLLOWING GUARANTEE: - anonymity - own gold mine, own production of gold, own mint gold - possibilty of storage of gold (100% anonymous) - each of our client get the personal number of depot - possibilty of delivery all over the world - each gram of gold is located in a protected disc which also contains a certificate and the purity of gold (999,9%) - purity of gold is 999,9% - our golden tiles are redeemable all over the world - each of our customer or business partner, we open website for free; which is accessible only to him - availability continuous of your stock HOW TO INVEST IN GOLD CURRENCY? Thing is quite simple: It's just enought to contact me and then you can say: THE FUTURE IS NOW! WHY CHOOSE KB-VISION? You can create your own gold reserve which is the safest investment for you and your family. Our company also offers an excellent earning opportunity. In addition to become our client, you can also become our business partnerif you want. SYSTEM IS SIMPLE AND ALLOWS: a.) independent and easy way to work (online system) b.) shopping-sales worldwide (online system) c.) fast and good earnings d.) rapid progress in the commission system Invest in gold currency to protect against hyperinflation. IF YOU HAVE OWN GOLD, YOU ALWAYS HAVE MONEY! Looking forward to your positive response, I wish you a beautiful sunny day and all the best things come true. Best regards, FEDERICO KB - VISION Ljubljana, Slovenia- Europa link for free registration: www.kb-vision.com/?s=66992 my contacts: tel: +38670225417 e-mail address: fdevillanij@mail.com