Thursday, December 11, 2008

Interesting and scary slideshow at CNNMoney.

Highlights: The future is precarious. Don't expect the markets to improve any time soon. Dampen expectations.

One expert is long on commodities. Not a bad plan, but I think the short run is going to be terrible for commodities. Then again, he specifically referenced ag commodities. That is probably going to be the one bright spot. Oh, and water, once that gets listed.

Everyone, put on your visored helmets! Shit-alanche is coming!

But, seriously, what is a person to do? If you can trust your financial advisor, that's great. But, what about the rest of us? Inflation is lurking. So, getting deleveraged is of no use unless you're struggling to pay the bills. The question remains though, if you don't aggressively pay down your debt, where should you put your money?

Fundamentals. Desired/needed product or service. Low cost production. Low overhead. Adequate cash on hand or reliable credit facilities (preferably the former, of course). Management style: grinder, rather than visionary.

What companies fit that description?

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