Funny Money Friday: Investment Strategies for the Credit Crisis
Money doesn't have to be boring! Each week, CreditBloggers.com takes a look at the lighter side of the personal finance world in a series called Funny Money Friday.
What the heck is going on? The stock market is jumping up and down by the hour. The nation's #1 mortgage lender, Countrywide, has announced big trouble. The mortgage implosion has led to a hedge fund implosion. Jim Cramer's blood pressure is through the roof. Sarah Jessica Parker has resorted to petty robbery.
With all the drama in the financial world this month, consumers might be looking for alternative ways to invest their money. CreditBloggers has a few strategies for concerned investors:
- Under the Mattress - A classic savings method that we haven't seen much of recently. May be making a comeback.
- In a Jar - Similar to under the mattress strategy, but with the added benefit of automatic balance viewing privileges.
- Buried in the Yard - A pirate-based model of savings and banking.
- Gold Bars - Follow Ron Paul's lead and cash out your savings into something tangible...and shiny.
What's your strategy for saving and investing during the credit crisis? Share your ideas in the comments section below. Happy Friday!
Emily Davidson
is editor of CreditBloggers.com and a former credit expert for the
credit bureau, TransUnion. She writes about credit and personal finance
topics.
Cute suggestions Emily!
Also great that you're giving some Ron Paul love :)
Posted by: MG | August 10, 2007 at 10:55 AM