Sell Hi-Fi and invest in stock market?

Sell gear and buy stocks? You got to be kidding. You ain't seen nothing yet. China just announced their sitution is dire and the Nightly Business News did a piece on Chinese unemployment breaking the social contract (pay me the money and I'll keep my mouth shut).

My regret is that I didn't buy some more gear before the crash. I'd rather be down 30% after a spending spree and end up with something to enjoy rather than lose 30% in a puff of smoke.

Check out www.jsmineset.com and see what is really happening with our global economy - imagine the future deals and inventory you will be seeing on audiogon to come.

Maybe.....8 years from now....take it from a big dog....things have'nt gotten bad yet. When they can't give a NYSE seat away....buy...buy...and buy!

Sell every piece of expensive gear immediately and buy gold.

However...you'll find a very soft market for toys right now but it's going to get a hell of a lot worse.

We are still ahead of waves of corporate collapses. One that began would send stocks even lower. OECD suggest not before August 2009 would be better, but I think that is too optimistic view. But certainly good idea to sell now your gear and buy back the same at half price a year later.