Friday, October 31, 2008

In Case of Deflation...

A great article in The Los Angeles Times gives some tips on what to do (and what not to do) in case deflation overtakes our shaky economy. Here are a few tips from the article:

  1. Avoid borrowing
  2. Don’t buy shares of companies with heavy debt
  3. Don’t worry
Sounds like good advice... all things being equal.

1 comment:

BoBo said...

Great advice - and if you're so inclined to still need an investment vehicle - CD's and money market accounts are good until the market stabilizes. You can find MM rates at around 3.5 right now and CD rates as high as 6%

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