Sound Investments

A lot of people have been losing great sums of money on the stock market lately and I don't think that things will stabilize for quite some time yet. Me personally, I have nothing invested in the stock market and I'm quite glad of that at the moment. That being said, I am not offering financial advice on investments to anyone reading this but I will say what I would invest in were it me. Right now I wouldn't put anything into the stock market, not until things settle down a little bit. But if I was intent on investing something into the market there are some areas I would look at.

First I would stay far away from any corporations that derive most of their income from hardgoods and/or services. When things get really bad in the economy people are going to spend less money on gadgets and material things and will be less apt to pay someone for technical or financial services.

What I would look at are corporations that deal largely with consumables. People don't need a new computer but they do need to eat. Food manufacturers, grocery chains, and pet store chains are what I would look at. I'm not saying I expect these corporations to show big gains but I expect them to be more stable than much of the rest of the market.

Energy is another area to look at. A barrel of oil is way down in price and could continue to drop. Nothing has really changed in the stability of the energy market though which means we could be just one natural disaster, one crazy dictator, or one terrorist attack away from higher oil prices again. It's a bleak way to look at things but for the long term I believe energy is still a decent place to invest.

Again, these are just my thoughts on where I might put my money if I was so inclined. Right now though I'm not investing in anything. Things need to stabilize a bit first for me.