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Old March 25, 2011, 06:30 PM
Dien Rice Dien Rice is offline
Onwards and upwards!
 
Join Date: Aug 2006
Posts: 3,463
Default Re: Are we in a new "dot-com" boom?

By the way, this doesn't mean we're not in a "down" economy... In every economy, some sections of the economy do better than others.

Some businesses are also "counter-cyclical" businesses, these businesses do BEST in the down times. (For example, a depressed economy is like a big money-making party - if you're a bankruptcy lawyer...!)

At present (as I posted about earlier), profits from these new "dot-com boom" businesses are closed to everyone except for a few... (like the founders, early employees who get stock, venture capitalists, and angel investors)...

But there's still opportunity here, too!

(E.g. one opportunity is to think of "selling shovels to gold miners"...)

Best wishes,

Dien
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