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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: sea_biscuit who wrote (49395)4/8/2006 6:59:44 AM
From: Square_Dealings  Read Replies (2) of 116555
 
There's too many variables. The best you can do is try not to be in debt and have some cash reserves and/or a good job.

Hedging stuff is what Wall Street does and it is why we are in such a precarious financial situation. Everyone thinks all the hedging will limit their downside except for it to work the guy that sold you the hedge has to make good.

Hedging a home in S. Florida for example might be a waste of time, its probably better to sell.

m

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