Comments on: What To Do During A Recession

By: Uppaimappla

Uppaimappla — Tue, 26 May 2009 12:18:04 +0000

Ah, recession. No better advice for these sad times than by the great zen master Lin Chi to a a disciple what to do in life (perhaps in similar circumstances):

“Eat your food, move your bowels, pass water, and when you’re tired go and lie down. Fools may disagree but wise will understand.”

By: David Smock

David Smock — Wed, 13 May 2009 02:59:12 +0000

Well that must be nice for you rich people who can afford stocks. In the meantime I live on $630 SSI because I have spina bifida and had to drop out of college for medical reasons. I can’t even afford apartment rent, food, clothing or anything else on $630 and can’t invest a dime.

By: David Smock

David Smock — Wed, 13 May 2009 02:54:12 +0000

That’s really great for you, but considering I have $630 a month SSI I don’t have a dime to invest, and in fact can’t even afford rent anywhere in town.

By: paddy mc donnell

paddy mc donnell — Tue, 07 Apr 2009 23:20:54 +0000

invest in gold with your $12′000.
paddy.

By: Melvin Goldstein

Melvin Goldstein — Tue, 31 Mar 2009 21:14:04 +0000

Question: question 12 in “Thinking Physics” – page 259
Inside a warm damp cave completely sealed off from the outside world could life flourish indefinitely?

Answer: No life forms could flourish indefinitely. In an isolated system, entropy always increases. Life tries to push entropy in the opposite direction. When life is created, entropy decreases in the cave but nature demands a greater entropy increase offset. The cave, being sealed, would mean that entropy would reach its max, thus energy necessary to sustain and generate new life would be unavailable. Maybe we should learn a lesson from this. Available energy is mandatory. Wealth may equate to available energy. If you want to live in a nation that is prospering make sure that its available energy supply is abundant.

Entropy is one of “Physics Foibles”

By: jane

jane — Tue, 31 Mar 2009 09:51:09 +0000

If I cut back on consumption, wouldn’t that cause deflation and thus cause recession. This exactly how recession takes place, people believe that times ahead are going to be worse and cut back on consumption. What we do today shapes what happens in the future.

This is why the USA government is overflowing the economy with money to cause people to think inflation will take place in the future. This will cause people to increase the expenditure today which will cause prices to rise, thus causing inflation. This is why China was chastising the US economy several days back as they feared the money China lent would lose its value due to inflation.

By: Kendrya

Kendrya — Mon, 19 Jan 2009 06:40:35 +0000

Start buying into solar panel stocks that is the future. Alternative energy..!!!
Buy while is low…
Let’s stop being fearful about our financies.
Support and contribute will give you a good return at the long run..

By: Abhi

Abhi — Thu, 23 Oct 2008 12:20:05 +0000

I got little more worriede when I saw the statement of UK Prime Minister, Gordon Brown, that The world will enter a recession. I am 27 aged and have very faded idea about all these recession games. I have invested some money in mutual fund, which will mature in 1.5 yrs. I have planned for some more investments but worried also. Although these market players are very strong with whome I am dealing. I want some suggesting from you. I suspect that this recession wind will blow for a year..

By: sarah

sarah — Thu, 16 Oct 2008 16:14:42 +0000

I am 39 years old, own a house in san francisco and a struggling creative business. I am personally in debt (not counting house) $65k and my business is $100K in debt. I am able to get by monthly and pay employees but cannot pay down my debt in this economy. I have $12,000 in cash in my pension that I have not invested (its a long story, why its sitting in cash!) my question is, what should I do in this economic crisis? should I take a hit and pay taxes and pull it out and pay down debt? should I leave it in cash until market changes? should I buy while things are low and buy what? thanks for any advice.

By: Katharine

Katharine — Thu, 09 Oct 2008 21:50:09 +0000

Any advice for a retired widow who is living on the income from her investments? These so-called “investments” are evaporating at a rapid rate. Maybe my only hope is to go out and find a job!

By: Jim

Jim — Fri, 25 Apr 2008 21:09:50 +0000

A BIG THANK YOU for this article. I read it in October, and pulled all stocks and funds in Dec, when they were riding high; and stuck them in bonds and high-yield money markets. I figure I am up 25 percent, compared to if I stayed in. I have since done short trades on bank stocks, and have made a fe bucks. Thank you thank you thank you.

By: cali

cali — Fri, 25 Apr 2008 03:11:49 +0000

I am 21 years old, I entered trade school right out of high school. Ive ben working with commercial refrigeration for 3 years now, with the slow months over, loss of job was never spoken of, and with the summer months approaching, need of workers is an everyday conversation. I make 600 a week, live at home, have a car payment, 2 credit cards,and after all the fun things a 21 year old spends money on, I am still able to save 100 a week, how will recession effect me.

By: Serge Birbrair

Serge Birbrair — Sun, 09 Mar 2008 14:18:41 +0000

Interesting read and author was right on the money, despite the all time highs in October. Bravo!

By: Richard415

Richard415 — Mon, 11 Feb 2008 01:33:07 +0000

So how and with who do you invest? If I invest the same way it might make both of us rich.

By: NJ

NJ — Sun, 03 Feb 2008 21:45:34 +0000

My investments feed me in bull or bear markets, as long as there is volatility, so I just watch the bad news on TV while my lifestyle proceeds unchanged. I never understood why people bought stocks for the long term anyway, that’s the same as not having an exit strategy. Foolish.