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View Full Version : If you were in a business class and had 1 mil to invest, what would you do




Jeremy
03-02-2009, 11:37 AM
What you do right now (today)?

And remember that gold could go way down for some time, which wouldn't look good in the class (imagine if IMF sells their gold). So although we know it would go back up, what would you invest in for a business class? (today)

danberkeley
03-02-2009, 11:40 AM
What you do right now (today)?

And remember that gold could go way down for some time, which wouldn't look good in the class (imagine if IMF sells their gold). So although we know it would go back up, what would you invest in for a business class? (today)

all-in with DXO.

Jeremy
03-02-2009, 11:45 AM
whats dxo

edit: oh DXO the stock lol

any reason?

danberkeley
03-02-2009, 11:47 AM
whats dxo

edit: oh DXO the stock lol

any reason?

oil is getting crushed today. upside potential.

voytechs
03-02-2009, 11:47 AM
Start a ponzi scheme. Ohh wait the FED is already beat me to it.

Aratus
03-02-2009, 11:48 AM
there is also invent one's own tax shelter in terms of one's own unique religion... and then troll the net for converts!

Jordan
03-02-2009, 11:49 AM
whats dxo

edit: oh DXO the stock lol

any reason?

Its a double long July contract oil ETF. Its a great buy, but know that with every double long ETF you have the possibility of huge, exponential loss. It only tracks the daily change, and does not fare well over the long run unless the commodity it tracks performs well for a multitude of days.

For the same exposure to oil, without the leverage, USO is an excellent pick.

OPEC has cut production considerably, actually hugely, to the tune of more than 4 Million BPD. That's going to add up a lot during the summer driving season.

misterx
03-02-2009, 11:52 AM
The Yen has bottomed

Epic
03-02-2009, 12:17 PM
play around with ultrashorts and ultralong etfs

you'll win big or lose big, but have fun either way

Mitt Romneys sideburns
03-02-2009, 12:29 PM
buy a seat in the US Senate.

malkusm
03-02-2009, 12:37 PM
http://www.ronpaulforums.com/showthread.php?t=180073

CzargwaR
03-02-2009, 02:55 PM
buy a seat in the US Senate.

Winner

HOLLYWOOD
03-02-2009, 03:01 PM
Guns and Ammo... Short and Long range ;)