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New York Stock Indexes Reach New Highs

posted by n1 on Tuesday August 16 2016, @01:53AM   Printer-friendly
from the money-for-nothing dept.

butthurt writes:

Reuters and Yahoo Finance report that the Dow 30 NASDAQ and S&P 500 stock indexes all reached record high levels on Monday. According to Yahoo this last occurred in 1999.

Reuters cited as possible factors speculation that the central bank will not soon raise interest rates, rising oil prices due to speculation that oil producers may cut production, and a Bureau of Labor Statistics report issued earlier in the month.

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  • (Score: 2) by HiThere on Tuesday August 16 2016, @07:01PM

    by HiThere (866) Subscriber Badge on Tuesday August 16 2016, @07:01PM (#388794) Journal

    Since you're expecting a real collapse, you should take some of that money and invest it in Whiskey, Vodka, or Rum. They keep well. And some of that food budget should be sugar cubes, or packets, so you have a ready trade item in small denominations. For this purpose avoid sugar substitutes.

    Other things to invest in are nails and wood screws. They store well are are extremely useful once access to hardware stores disappears. Also fence staples. Larger bolts are more readily substituted for by pegs, but drill bits are extremely valuable if you keep them oiled and dry.

    Remember, even Daniel Boone lived within a community of people. If he hadn't, he never could have founded Booneville.

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