greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread


-- TIM (thc@hotmail.com), January 01, 2000



I think you should put it someplace dark and warm.

-- Will continue (farming@home.com), January 01, 2000.

Rice and Beans.

It aint over yet folks....

-- Jim Bob (vibratomachina@aol.com), January 01, 2000.

A new roof.....with installed solar system.

-- (wanting off the grid)LM (latemarch@usa.net), January 01, 2000.

Wait for POG to drop first of the week- People converting to currency- and buy all I could get my hands on.

-- Johnny (jljtm@bellsouth.com), January 01, 2000.

we here still believe in the 4 G's:

God, Guns, Gold, And Git the hell off my property!

$100,000? More of the last three!

-- mry2k (y2kyahoo@yippee.com), January 01, 2000.



-- TIM (thc@hotmail.com), January 01, 2000.

I'd pay off the rest of my mortgage, and retire any debt I had right now. Take the rest and diversify after I did alot of research into different types of investments. There are so many that with that kind of money I'd take my time to learn a little about what's out there and where I could put my money. That's the important part: research before you decide. I'd want to know the pros and cons about different places to put my money, before I'd dive in.

-- luann (flataufm@hutchtel.net), January 01, 2000.

Tim stop screaming.

There are alot of people who have made lot's and lot's on gold.

If you want a stock try Rageing Bull.

-- Johnny (jljtm@bellsouth.com), January 01, 2000.

JOHNNY, i don't understand...who has made alot of money on gold. Who...Johnny...where are they. 99 % of investors has lost their shirt on gold. Show me the returns Johnny. thanks, Tim

-- TIM (thc@hotmail.com), January 01, 2000.

A thermonuclear device from any one of the bankrupt former United Soviet Socialist Republics. They're going for cheap right now, and I figure I could get a pretty good return on my investment. resale value alone would be great, and I could always use it as a "threat" weapon(much as all countries with nuclear capabilities do) to get pretty much whatever I wanted. Won't give me 100 billion dollars? I activate the nuke. won't give me safe passage to my island paradise that your government has graciously provided for me? I activate the nuke. Remember how the leaders in the US mollycoddled the nice military leaders down in Haiti, and you'll get the idea.



-- Shimoda (enlighten@me.com), January 01, 2000.

Tim do you always ask for investment advice on an internet bulletin board?

-- Johnny (jljtm@bellsouth.com), January 01, 2000.

Tim -- Did you ever read those "Past performance is no guarantee of future results" disclaimers on investment prospectuses? All you're claiming here is 20-20 hindsight. How much money did you put into stocks in 1982, or even 1995? Or did you just buy in this summer?

In August, 1982, stock investors had had no upside return since 1966.

Prudent Bear Fund -- BEARX. Downside 10%, upside 100%. Accumulated losses big so no capital gains tax generated within the fund on that gain.

One year from now: my own business in online services, when I've had time to sort out what's happened in year 2000.

-- jor-el (jor-el@krypton.uni), January 01, 2000.

I would put $50,000.00 of it in the poor mans gold, silver. The other $50,000.00 I would put in gold stocks like Durbin Deep (DROOY), Battle Mountain Gold (BMG) Harmony Gold (HGMCY) and Gold Fields (GOLD).

Warren Buffett who took physical possession of 129.7 MILLION ounces of silver and Bill Gates who bought a huge chunk of Pan American Silver (PAAS) are not stupid by far. Silver is very tight and will continue to get tighter as the weeks role on. How many people can but a 1 ounce silver eagle for $100.00? Alot more then can buy a 1 ounce gold eagle for $6000.00. Thats why silver in my opinion is a better investment.

I personally own over 20,000 ozs physical silver in 1000 oz bars. 20,000 X $100.00= $2,000.000.00. I paid about $105,000.00 for my position. I own another $50,000.00 in gold stocks.

Gold, silver and Precious Metal staocks are not going to get any cheaper then they are now. The world economic system is teetering on disaster.

-- No Spam (nospam@now.com), January 01, 2000.

Right here:



-- Guy Daley (Guydaley@bwn.net), January 01, 2000.

I'd convert the makeshift dam/levee on our property to a hydroelectric dam, go off the grid, sell the excess electricity back to the utilities.

That's just the financial aspect...pleasing the DNR and the bureaucrats is another story.

-- Tim (pixmo@pixelquest.com), January 01, 2000.

Condoms, booze, and coffins.

They all keep really well, and:

1. People are always gonna screw(but they may not want kids or STDs).

2. People are always gonna drink.

3. People are always gonna die.

-- The Realist (Reality@stinks.com), January 01, 2000.


Monday, AOL, at about 9:45 a.m.

-- the Virginian (1@1.com), January 01, 2000.

If I had $100,000 I'd find at least 5 rural acres in a beautiful setting and build a well thought out effecient home. I would then begin organic gardening to produce as much of the food I eat as is possible.

-- Rob Carroll (flyingred@montana.com), January 02, 2000.


Or become a pimp.

-- Andy (2000EOD@prodigy.net), January 02, 2000.

The REAL answer here is that I would not have to wonder where to invest this money now, as I'd have invested it a year ago and watched it grow w/fat ass returns! And that's exactly what I did! What a year....and what a close to the year!

For those that pulled their loot and are now sorry, I question why you even had it there in the first place! If you sincerely believe that the world's corporations cannot adapt and fix problems such as Y2K bugs, the I don't think you have any reason to invest in them!

The real driving force is that most ppl don't know what goes on during a day to day basis. Day after day, year after year, companies screw things up, including data. And you know what they do? They fix it.

IT depts develop and maintain these systems, so why in the hell would they not be able to support and maintain them now!? Maybe it's Y2K or maybe it's a change in tax law....either way, it's plan and execute. Bam, problem solved. So what if a batch job runs and produces incorrect data. It happens - it's not a perfect world. In those cases, you restore from the previous backup and reprocess...problem solved. Or you run a correction against the data....problem solved. Or you do whatever else you want.....the problem gets resolved. It happens more than you think already, just you don't know about it!

Ppl cried gloom and doom for such a long time...and it's here, and it's minor. Now they're saying, "well, give it a day....give it a wk....give it....." "Oh, just give it a break" is what I say.

I just don't get it.

For those that want, contiue to speculate that there's plenty of doom to come...and that most industrialized nations are not ready to face it....and that they will crumble....

I instead will wonder what's gonna be the best way to get a little shelter on my recent market gains....an exercise that's more exciting and pays better. I'd recommend looking in to that.

I'd recommend any technology issue...wireless and broadband are strong....B2B is a hot sector. Why not grab a little NOK, ATHM, NT, CSCO, add some ITRA and PPRO....sprinkle w/some NASDAQ 100 (QQQ) and enjoy.

-- Larry (larrymull@yahoo.com), January 03, 2000.

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