5 moves to beat the next meltdown

A 10- to 15-percent correction can always come out of the blue. Here are five ways to prepare yourself.

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VIDEO ON MSN MONEY

65Comments
Feb 2, 2014 5:10AM
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the next meltdown? you mean the next depression..or is china gona bail us out forever? nah...lol china will be 2 billion then 3..and 4....america will take another 200-300 years to hit a billion...if the world is here by then...china is kicking our butt on everything..we focus on sports and honey boo boo and hillbilly trash while chinese prepare for the future....but our future is different..ours involves NSA spying with drones and hidden devices, cars that drive themselves and make people even more dumb....iphones and texters and screens that fit in your hand so you can be brainwashed and your 5 year old can have one and eat his poisoned happy meal that isnt good for him. what is their to be happy about in the future? humans keep sucking down oil and gas, food, resources, wars over politics and relegion..same pretty much as 5000 years ago...no change...except now people have tech. to do their lives..so keep using your texter in the store wearing that chinese clothing and eat that fast food! in a few years or...months....it'll come...either by war, a fiancial crash, or fukishima poisoned water that already has ruined us for 1000 years....and yet no one seems to know about it...but im sure we know what KIM K and honey boo boo did last night-
Feb 2, 2014 9:24AM
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Time for Majority of Americans to take hold of this issue.  Time for things that make sense.  Lets focus on PAYING OFF THIS DEBT IN 3-5 yrs.  Let the pot sales tax pay the debt.  Then decriminalize it.  All profits will drop and illegal will end waste.  Huge push for American jobs......get everyone that wants a job A Job.   Clean up and improve infrastructure hwy roads bridges railway ports etc.  Collect fair tax from air, truck, farming, pharma, etc.  NO SUBSIDIES.  Cut foreign aide.   Improve public schools and add vocation requirement, Control cost of living and adjust min wage.   demand civility, respect, manners, morals and education.  Bingo.
Feb 2, 2014 9:01AM
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Here's a summary of the article - they want you to buy bonds, dividend-paying stocks, international stocks, options and avoid buying gold.  Sound familiar? 

Please, whatever you do, understand that owning paper is just that, OWNING PAPER.  This is especially important now, when the world is full of multi-billion dollar companies that literally have almost no assets.  Take Facebook for example -  they have a market cap of over $150 billion.  Do you really think they have even 10% of that in actual assets?  What do they have - buildings, office furniture, servers and a trademark?  Seriously, if you look at their balance sheet, they list less than $15 billion in assets.

I'm not suggesting that gold is necessarily the right play here.  But I am saying that tangible assets that generate a consistent cash flow are much preferred over long-term investments in a few pieces of paper, especially if you're looking for ways to "beat the next meltdown".



Feb 15, 2014 8:47AM
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My Rock Salt stocks have paid of in a big way these past years. Now sand looks good as well; happy driving 
Feb 2, 2014 10:16AM
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Good luck listening to this advice. Buy bonds don't buy gold, when the market hits the skids if the fed tapers watch gold and silver take off, This guy wants to keep you in the ponzi scheme, The economy is not well and when the fed stops the money printing and interest rates go up we will all be just as broke and the gov't, Does anyone even understand what a trillion is let alone 17 trillion and rising? In the the history of humans our world population dead and alive has not reached 200 billion. Get it? The debt will never be paid and the dollar will be worthless. Real assets things you can hold in your hand and trade with someone else for goods and services. Forget paper because all you will be able to use it for when it all comes crashing down is the bathroom,
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Old Geezer....I am not an old Geezer but I think exactly as you do.  We are screwed with a capital S.
Feb 2, 2014 8:53AM
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There is nothing to see here. There is no economic collapse on the horizon. Blacks are not looking for a reason to riot and get back at the crackers. There are not 20 million (or more) Mexicans here that think the country is again theirs. The government is not preparing for social unrest. They have not purchased 2 billion hollow point rounds for hand guns. They have not prepared 500,000 family sized caskets. They have not opened 8 detention facilities, each larger than the largest U.S. prison. They are not getting ready for martial law. So please, everyone just keep texting and watching reality T.V. Do not prepare your family with food, water, guns, ammo, first aid kits, medication, seeds, ect.. That is just crazy thinking. Obama is the smartest man that has walked the planet. All he wants is fairness, and who doesn't want that?
Feb 2, 2014 7:56AM
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buy pot stocks. next high flyer, with lots of joint ventures.
Feb 2, 2014 10:23AM
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That's right:  buy the government bonds that everyone else in the world is selling.  Ignore the fact that the Chinese have stopped investing in this country and are buying up all the tangible gold the can get their hands on.  Can anyone detect my sarcasm?  
Feb 2, 2014 10:58AM
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Five moves, let's see..... 1) If you have not educated yourself about at least basic investing and money management it is never too late to start, it is free at the public library, if you can't or won't bother then put your money under the mattress & if I can convince my pit bull to get up off the couch I'll send him over to guard it.  2) don't invest it all in one place, diversify wisely 3) buy quality investments, not all will be perfect, the good solid tried and trues will weather the storm better than your dollars in the bank at 0% but keep a few dollars for cash reserve  4) don't panic, the media loves chicken little and the sky is falling, it makes good commentary, common sense does not  5) Listen to your grandmother.
Feb 2, 2014 12:31PM
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B of A, the same bank that lost $14,000 of my US Saving Bonds for my kid’s college. Can you believe a bank can loose your Safe Deposit Box? B of A did. Then they tried to say I never had an account with them. I showed them my Deposit box key and the manager said it was the banks key alright. Then she asked if she could have it. Can you believe it? I told her hell no you can’t have it, it’s the only tangible evidence I had to try and straighten out this mess. B of A never did fix the problem. I had to confront the Treasury Department. And believe me! That’s a whole nother chapter in the reality of crooked business. Took almost 1.5 years and you’d better have kept good records. They sure won’t go out of their way either.

In God I Trust, who else is there?

Feb 2, 2014 10:59AM
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remember 20 or thirty years ago when cars were rear wheel drive and you put snow tires on and could go just about anywhere when it snowed...well let's look at today...take a midsized anything which will most likely have front wheel drive and all season radials and can't get out of it's on way in the snow...moral of the story is we keep buying into oh today we are much better off...
Feb 2, 2014 12:20PM
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CORRECTION? Right! In otherwords we are to expect it to take a wheel barrow full of dollars to buy a loaf of bread like happened in africa type CORRECTION some day? PREPARE for sure by learning how to do things like garden, conserve what you can get, can goods, stock up on necessities? I am not even going to read their IGNORANT idea's because I KNOW they could care less what happens to us out here! I can't stop my 401k to prepare? Can you? One thing I WILL tell you, IF everything does fall apart and the walls go up around the leaders so you can't get to them, DON'T COME around us with a hand out, UNLESS YOU HAVE SOMETHING TO CONTRIBUTE, it may well be a survival of the fittest! And things will begin flying, and it won't be FUR!
Feb 2, 2014 11:17AM
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Hey, MSN...

If you want to be taken seriously as journalists, then interview the professional market manipulators and ask them when they've arranged for the next "meltdown" to happen.
Feb 2, 2014 1:06PM
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So it seems that many of us are not happy with our government. We saw what will happen if we try to protest. (even though our leaders praise protesters in other countries) The cops (corporate bouncers) will pepper spray you, push you around in their riot gear, and the fbi will threaten the leaders of the protest. We all saw it during the wall street protests. So we know that's what they will do and more if necessary to get us to shut up and go along with their rule. So keep voting for Ds and Rs. And enjoy the ****-bowl today as it's one of their many distractions to keep your mind off what they are doing.
Feb 2, 2014 10:18AM
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I'm a billionaire in Obama Dollars!  mmm, mmm, mmm!

Feb 2, 2014 12:14PM
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"As I recently , the inflation that everyone seemed to fear would spring from the Fed's quantitative easing never happened. The most recent CPI reading showed inflation at 1.2 percent, and energy prices -- which rose throughout the 2000s -- continue to sag due to the recent flooding of the market with cheap American shale oil and gas."

This couldn't be further from the truth.  The CPI is a government lie.  I defy anyone to tell me their money buys as much today as when quantitative easing started.
Feb 2, 2014 1:08PM
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And we hear how the country's economy is rebounding all the time!!! Over and over, same ole same ole.  We hear how we are a "superpower!"  I have to laugh!!!  Just two inchies of snow fell on Birmingham and Atlanta.  It made national news on the weaher channel!  You would have thought a "superpower" would have vacuumed it up, cleaned the snuff spit, tobacco juice and urine out of it and sold it for "snow cones."   Instead, the entire cities were brought down!  Kids trapped on buses and at school all night.  Teachers working overtime for no extra pay.  Parents unable to get to thier children, and some who probably didn't want to.  Abandoned cars all along the interstates, with people trapped inside.  And we call this a "superpower?"  If North Korea and Iran start making artificial snow, we may be doomed!!!!!!!!  Praise God!!!!
Feb 2, 2014 11:55AM
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I would go along with most of this and I follow it somewhat, I have done well..... Wonder how long Bozo will continue to flood the world with cheap $$$$$$
Feb 2, 2014 1:30PM
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The Fed Reserve has been buying $trillions of our own debt (bonds) at $85 billion monthly for 5 years. They can no longer keep up this insanity because of inflation so here comes the bond selling pitch to encourage the public to pay for the mess they created.

 

China, Russia and other countries have been avoiding our treasury bonds and turning to other investment alternatives. They are fast losing faith and credit in our currency because of our out of control debt and creating digital money out of thin air endlessly (QE's).

 

 

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