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Politics : President Barack Obama

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To: tejek who wrote (100872)9/6/2011 11:29:08 AM
From: Metacomet  Read Replies (2) of 149317
 
I am thinking of getting out of the markets completely.

I absolutely share your frustration.

Not sure if that is the best course though.

I think it is a time to be extra cautious in terms of where you do invest though.

I had been considering diversifying into residential real estate, given the seemingly excellent price points currently available in some desirable areas, like Portland.

Problem with real estate is the relative lack of liquidity.

It is pretty easy to get a substantial amount of cash into these plays, but a horror show if you need to get back into something that you can spend for groceries.

Given a demonstrated lack of understanding of economic realities by the contingent currently in charge of the government, I have decided to hold what I have in the markets for now.

Total exposure to base and precious metals explorers and a bullion based ETF....namely Central Fund of Canada (CEF)

Still interested in looking at acreage with water in Oregon though.

Might look at that a little more intensely after I get moved.
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