anonymous asked:
I’m guessing that the stock markets will crash if there is a bird flu pandemic. Are there any investments that will increase or retain most of their value in such a situation?
JESS
This entry was posted
on Friday, December 18th, 2009 at 5:20 am and is filed under Personal Finance.
You can follow any responses to this entry through the RSS 2.0 feed.
Both comments and pings are currently closed.
December 21st, 2009 at 3:42 am
ERIK
Hahaha….if you are stupid enough to believe crap like this, you might as well just give me all your money now.
December 24th, 2009 at 10:38 am
MOISES
When the markets opened a few days after 9/11, they tanked in general. There was no good reason for this in most cases and the markets rebounded in a few days or weeks to their historic levels.
Any good company that is not directly affected by a bird flu outbreak would be a good bet since there is no good market reason for their stock price to dive, aside from market inertia.
I made a ton of money after 9/11 simply by buying a block of stocks in several companies that had no good reason for their price drop and then dumped them a few weeks later when they rebounded to near pre-9/11 levels. The cardinal rule is to buy when everyone else is selling and sell when everyone else is buying. Warren Buffet’s advice; there’s none better!