7 things to buy before economy recover

April 13, 2009 1 Comment

7 things to buy before economy recover

Start with the big ticket item and investment purchases.

1. Real Estate - Some locations are down for about 70% of its value. If you have a long term investment plan of 3 to 7 years, you can't go wrong with this. In Toronto, where we reside, we acquired 2 foreclosed condos. Mortgage interest are also low. Today, I can get a deal for 3% fix.

2. Stocks - There's a lot of bargain out there. If you have a long term view, some company is a good buy. I do recommend to buy stocks in Canada. The 5 big banks, the 3 big insurance company, Our oil company, Energy company. Even some REITS.

2. Automobile - Auto demand is down by approximately 33% since October 2008 and dealers have excess inventory according to FORBES magazine.

3. Electronics - TV, Radio, Computers, and etc.. are ...

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