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To: GregoryFul
Gas/Oil - get some energy stocks.

I had my mother invest into some oil stocks quite a few years ago but she still gets ticked when gas prices go up even though she makes much more in the oil stocks than she spends on gas as she drives only about twenty miles per week.

69 posted on 12/30/2010 8:52:10 AM PST by SeeSac
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To: SeeSac
It is not so much that gas prices are going up - it is that the dollar is going down, and fast. All sorts of commodity prices in dollars signal this fact. The only lifeboat available to the average joe is to hold lots of real assets that the new capitalists need (Chinese, Indians, Brazilians, Russians, etc.) to support their torrid growth and productive activity.

Thanks to our idiotic, wasteful and corrupt government, and a blissfully ignorant populace imbued with the gimme ethic, we have consumed our capital to produce a consumption economy. Our economy does not produce enough stuff of value to the world (see the many eras of deficit). The inexorable result will be a dollar that shrinks ever faster. And I think few of us will navigate the next few years to a happy outcome.

84 posted on 12/30/2010 9:57:58 PM PST by GregoryFul (Obama - Jim Jones redux)
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