Question from a reader:”Anyway I can make money off of swine flu?”
My answer is sure. You need to see what companies make the antibiotics that prevent flu, are part of flu shots, anything that has facial masks, things like that. Can you catch the brief pop in the stocks, if at all, if the market reacts that there will be a problem? You may be too late in trying to play the panic angle and my suggestion would be to do some due diligence and check out in depth what is a good investment because some of the pharma companies may have some other bad fundamentals for their other products or meds and overall they may not be making a lot of cash when they net out their books.
If you are into the pop stock planning idea, you need to research a lot of different fields and have a decent broad idea of who or what is making different products so if it looks like there will be a trend (though it may be brief) you can research and see if it makes sense to purchase the stock though personally I don’t recommend it. You might as well learn something like playing a speculative game if you are doing that and try going for the largest bang for your buck. A better approach is to look for longer term investments if you have the money for it. If you are trying to make ends meet, you are better off paying down your debt and saving saving and saving.
Hope that helps. Just watch what you are doing and remember my favorite motto – “Pigs get fat, hogs get slaughtered” in the business world. You might add to that in some cases the slaughtered hogs get swine flu and people end up eating them but now we are just getting piggish with our joking…
April 27 2009 during the day
If you are looking for a day job, part time work, suggestions for saving money or investing, please check out my book, Practical Money Making, that is listed right after his paragraph in this very post. There are some great suggestions and ways to survive the Depression we are in.
Interested in any of my books? You may want to make a stop over here. Please click through to purchase my books and some other interesting items that actually ARE on sale.
Have you read my book, “Bad Tax Idea, Good Tax Idea“? Please order it today. The tips inside can save you hundreds if not thousands of dollars! Tax planning should be done year round and not just two weeks into January or later.
Part of all the proceeds from the sales of that book go to Rett Syndrome research. One girl is born with Rett Syndrome worldwide every fifteen minutes. My daughter Arianna has Rett Syndrome and we are working to do all we can to make her life easier and find a cure in her lifetime. Boys born with the Rett gene generally die at birth.
Kim Isaac Greenblatt
Swine Flu Stocks
Tags: Business