OT: What to do with the money.
in response to
by
posted on
Nov 25, 2007 09:07AM
It's good to see folks are thinking ahead - and it sounds like a lot of us are planning to take some off the table soon, and put it elsewhere.
Tough decision to even take some off the table; I expect to keep it to the absolute minimum to ensure confortable survival on the home front. As Milestone has rightfully strongly suggested, a settlement here should prompt a lot of action with other infringers with whom we're already engaged. This settlement, IMO, will be our true beginning.
All that being said, most will reach their sell point somewhere along the line, and that money has to go somewhere. I'm thinking Teasury bonds for a hunk of my gold. But not Gold, because I do think it's being "pumped" right now - because of the debt markets.
So where else is reasonably safe, and a good investment? Here's where the investment cummunity (including us) just baffles me. Emotion, no brains. Flicking on the brain, what is ALWAYS the smartest way to invest? You find something as a commodity that virtually everyone wants or needs, ultimately, and buy it when everyone is selling, hopefully at the bottom. Conversely, you want to sell that commodity when everyone else is in a feeding frenzy on that commodity.
One area I intend to look at (and am largely ignorant of - so a lot of studying required) is the domestic food supply chain, and companies like ADM. Hunger is not going away, and should increase demand world-wide. I have no idea where this "commodity" lies in any up or down cycle.
But, to me, one thing is quite obvious. Real estate is in a major downturn, that probably isn't done yet. Look for the perceived bottom, and buy it when no one else wants it. Studying to be done here to, including any thoughts of rentals (they scare me - too many horror stories). I believe that eventually the cycle will turn around, and there's a buck to be made here.
Also, as someone mentioned, the debt crisis is impacting small businesses. Another opportunity just sitting there.
JMHOs, and some food for thought.
And I KNOW we're getting a little ahead of ourselves....
SGE