The more I look around and wonder where the America I love has gone~ the more devestated and depressed I get.
You could always move to Canada but please don't bring any Democrats.
11-29-2012, 08:10 AM
Originally Posted by Buzz
I admit that I don't know much about investing but I would think that if you expect a plunge, stocks like P&G might be your best bet. They make stuff people buy regardless. Oil on the other hand will tank with a plunge in the economy and soar with a strong economy. It is very volatile while P&G is not so much. And they pay a reasonable dividend. Too bad that Buffett isn't my buddy, I could use a friend like him.:p
I'm no expert either, but he sold them off in large chunks. Everybody knows you don't do that if they are on their way up.