Hello. Sign in to get personalized recommendations. New visitor? Start here.

Funny Money Friday: Investment Strategies for the Credit Crisis

by Emily Peters on 08/10/2007

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.

Storysmssimg
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.

Comments

{ 1 comment… add a comment }

MG August 10, 2007 at 10:55 AM

Cute suggestions Emily!
Also great that you’re giving some Ron Paul love :)

Reply

Leave a Comment

About Us

Credit.com News & Advice provides readers with unique insight, helpful tips and straight answers about their financial world. Our leading experts explore credit, loans, debt, saving, and identity theft topics. Meet our credit & finance gurus.