I have a feeling I'll want to short-sell gold soon. There are investment vehicles and combinations of vehicles that allow you to make money if the price of something goes down, or if the price is volatile not matter whether it goes up or down, or if the price is stable. It sounds like investments that make money in volatility and price decreases will be good bets in the near future.
I'm still kicking myself for not opening up a brokerage account and short-selling stocks a little over a year ago. As soon as I heard of some of the kerfluffle with the mortgages I called it, but didn't have an account already set up.
(no subject)
Date: 2010-01-15 06:41 am (UTC)I'm still kicking myself for not opening up a brokerage account and short-selling stocks a little over a year ago. As soon as I heard of some of the kerfluffle with the mortgages I called it, but didn't have an account already set up.