Friday, December 11, 2009

Making money in a recession

Many people believe that during an economic downturn in our society, it is an impossibility to make money on your investment. This is hardly the case. During this current recession certain industries, but more specifically companies have been booming. Goldman and Sachs, one the largest investment firms in the world showed huge increases in their revenue and stock price. Industires such as gold have also boomed to be over $1100 a share. A few years back a share of gold stock could have been purchased for around $200. If you kept your investment in gold until now, depending on the amount of the investment, you could retire and live comfortably for the rest of your life. This is an easy way to make large sums of money, assuming you make the right choices of companies for your investment.

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