Should We Start Stockpiling Food?

Donald,

Remember what you did to Commodore Hotel and changed it to the Grand Hyatt hotel.
Are you thinking of what I'm thinking? Could you do it again? :)
I think it was better than stockpiling food at that time too.

I agree. Even with the current inflation of food prices, I believe the economy is due for a rebound in the near future.

I couldn't agree more. From what I can see all this would do is cause artificial price rises in the food supply that will eventually self correct and result in a lot of lost money.

Stocking food as an investment?...

I'm soooooo glad you are around!!!

Thank you for the perspective you bring to fascinating changing times like this.

Always love, light and laughter;

Leticia : )
www.GetAwayToHubersINNPortTownsend.com

I would suggest investing in yourself might be a proper investment, growing your own special talents and gifts, skills, interests, conceptual and marketing ideas, into a going concern, or setting up a company or the like to sell what you have best to offer the world, new conceptual products, skilled services, real estate know-how... . If you have a hankering to write for instance, then applying available funds towards making you better at that, or for just getting your backside into suitably favorable environments in which to to write, that nice quiet cafe or wherever on a regular basis, inc. of course tips for that patient waitress that serves you there. If you're overweight, invest in a gym membership or tennis club or a biking group, the like, and there mingle amongst a fit group of potential associates who can help you take advantage of whatever inant assets you have. I.E., to invest in yourself to make yourself the best long self-life marketable item in the economic store, and that investment in you I would contend will outperform the few percent gains to be had in the various markets, and reap you back many fold times your investment. Besides, you'll be all that much just more enjoying life the same while. Greeting the future with excited anticipation for what you will acheive instead of fearfully hoarding durable goods expectant only of the worse near status quo.

About shortage in the market for food in my opinion is more speculation .That there is a shortage on population in the last thirty years but instead let go by the collective fear and announcements of government. We need to start thinking globally and not Local if one makes it may be doing a good buisnes.Allthemarkets have scarcity and abundance the solution is simple look where others bring it to where and when no one thinks global spent two key things.
1.The customer needs will buy fast.
2.Use the inflation in your favour because they bring a product more economical to enter market
with a good price and without sacrificing the profit margin.
The reality is that we are at a stage impressive business only for the visionary who will not be afraid to change and act fast more than shortage is collective fear and financial ignorance Itssimple problems, solutions and how to win money and think big

No, we should not start stockpiling food. Most Americans eat too much, as it is. Perhaps, if everyone scaled down on the portions, or, ate leftovers on occasion, they wouldn't spend so much on food. I've known so many people who shop at gourmet markets, make elaborate meals...more food than they could possibly eat at one meal, and, then, just chuck the excess into the garbage...because they can! I enjoy a delicious and well-prepared meal as much as the next person, but, I don't want to be part of the "living to eat" crowd..."Oh my gosh, where are we going to dine tonight?" But, it's hard not to get into that habit in NYC because there are so many amazing eating establishments. People spend a LOT of money at restaurants! If everyone would just start preparing meals at home, more often than they eat out, they would save a substantial amount of money. Think about it... Starbuck's in the morning, $4.00 or more; a lb. of Starbuck's coffee in the grocery is around $8, which makes more sense if you have to have a Starbuck's coffee. I realize people are addicted to the foo-foo drinks, which are usually more milk & sugar than coffee. That's assuming that the person ate some cereal or breakfast food at home. If they buy one of the Starbuck's food items, they're looking at $10 or more, just for breakfast. You can see where I'm going with this. If people would take the time to make a sandwich or salad at home to take for lunch, or, even a yogurt & a banana(unless they have a business lunch, of course), they would save another $10-$30 a day.

When you have a family, it's important to break bread together so everyone can take time out to communicate. If more families would get back to meal preparation, they would save a blankload of money; instead of fast food or take-out - two people can easily spend $30 on take-out or delivery of Chinese Food, if they don't share. Again, cut down on the portions/share a meal/lose weight.

It's good to have an "emergency" food storage, but, there are only so many things that you can store because of expiration dates. It's good to store items that you actually eat, so you can rotate your storage. One thing that everyone can store, safely, for long periods, are Ramen Noodles. The guy who invented them, created them for war-time. There isn't a much cheaper food product that you can buy. What are they, now? 10 cents a package? If you don't want all of the sodium that comes in the flavor packet, be creative...add olive oil, butter or cheese. I know that sounds disgusting, but, if you're trying to save money, Ramen Noodles and cans of tuna fish are inexpensive things to eat.

For that matter, any pasta dish is going to be inexpensive if you make it at home. Everyone is so worried about carbs. That's ridiculous! Pasta is great comfort food...just eat less of it, and, you won't get too heavy. Italians are so happy because they eat pasta, and don't feel guilty about it. Low carb diets tend to make people angry. Some brains do not do well with high protein/no carbs.

My family always keeps a small food storage because we live in Florida...always prepared for a possible hurricane. However, the way natural disasters and tornados are hitting these days, everyone should have a little bit of something in a safe place.

I guess the author of that article was insinuating that things might become so terrible that we might have to start selling cans of beans & weanies to our neighbors for $5 a piece because they didn't prepare and all of the stores will be without food. Seems a little premature for that type of panic. Don't believe most of the crap that you read in the paper. A lot of the media is such hype that I think of some of it as the funny pages. You have to be able to sift through, to the pertinent stories. I'll let you know when things get to that point... I'm out here on the Treasure Coast with the blue-collar workers...they usually get hit the

Hello,
Did I get this right - Stocking food as an investment? What about that "expiry date" on the label? Further hoarding of food would lead to further inflation, wouldn't it?
Lubna

Amazing...that someone who is writing for the WSJ would suggest stockpiling food.

We live in the greatest nation on the planet. I am confident the US economy will turn around. On that note, this weekend will be spent looking for good real estate buys.

Jessica Bond
Medical Careerist

http://jessicabond.blogspot.com

I lived through a time like this before- in the early 90's- people were stockpiling food. At that time, I was a single Mom with a baby struggling to make ends meet. The more people stockpiled food, the higher the grocery prices went. We couldn't stockpile food- we had to live from week to week. I remember kids from families on food stamps at the end of the month. They would come into my home and eat anything and everything that I would give them- then ask for more- because they were living on rice because their parents had to stretch out the budget so far that by the end of the month that was all they could afford. God forbid that we go through that again! I don't think that stockpiling food is a bargain. There is not that much that you can just put on a shelf- and those that can afford to stockpile it, probably can afford better food than canned. They will buy food that they end up giving away 10 ten years from now. Or they have to buy extra freezers. etc. Don't think that it helps the wealthy all that much and makes things harder for the poor. I think that if you are wealthy enough to stockpile food, then you should think of some luxury that you want to buy, then go out and stimulate the economy so that investments will pay higher dividends again. Time and time again- stockpiling food and gas drives prices up and makes thing worse for the economy- buy a new computer instead!

Saturday, June 07, 2008

If your investing in those food products because they are the best of the best that America has to offer, and considering sending samples to other markets outside the USA with the hope of launching contracts that open the door to fixing the global trade deficit, then I would say this is a prudent investment. Once we come to understand that the only way to honestly secure this nation is to build lasting and genuine relationships with other people in the rest of the world based on anything more than fear based rhetoric then and only then will our economy improve (in my humble opinion). We have a lot of work in our own backyard to do- and since we are so invested in so much CRAP that is equal to the nutritional value of most American cereal on the market, I don’t see this changing quickly. If we could just get the Senate and the House to spend a week using the ink in their pens to figure out how to mobilize our nations existing cars without the oil we rely on- and all manage to survive the times that will follow our troubles would cease to exist and we would be so busy shifting gears, we would hardly have time to worry about not eating. Why does it have to come down to this anyway? I do not understand why those wing nuts don’t just spend a week of so putting the big wigs in the oil industry in some hogties and slapping some tape over their mouths long enough for us to explain to them we are a creative group of people and we have got to begin to imagine a economy that will not fall apart at every climb of the price of petroleum products! I have the rope- anyone have some tape? I figure we could fix the economy in a few hours if we take the few elite who are making all the money and putting up so much resistance to change that is inevitable in the first place! Once we have them all tied up- we can ask them how they like having every part of their existence on HOLD DOWN while we explain what it is we want for the future of our children- (a little sadistic, but more fun that stockpiling food) - at least there is a potential for a movie with this solution- (funny movie in my book). We could call it "HOGTIED- THE SENATE- THE PEOPLE REVOLT!" - ahhh nevermind why bother lets JUST SUE OPEC, and stockpile food while the world continues to LAUGH at us!

Donald;

I totally agree, it is like investing in yourself.

Tks
Dave7900

LOL - that's a new one for me!

Investing in your pantry. Hey, maybe I should start up a new business with that idea! ;)

<em>Not!</em>

I think you (Donald Trump) might appreciate the brand self promotion as represented herein (so I hope you will post this in consideration of that), as pertains to this topic thread on investment opportunities in a sluggest return in investment stock-market time period.

Personally I wouldn't stockpile food. I think specific investments in promising projects would be a more suitable activity. There's risk involved but also the potential for substantial gains. You can also brand yourself or some product id or concept you have with your available funds and pitch, market that.

My own registered trademark brand product I think offers such great potential. Like the value attached to the brand TRUMP, a high profile brand has many facets of marketable and licensing opportunity value. What I have is a Brand for a new original superhero figure who I think can stand toe to toe in the popular culture limelight with the likes of Batman, Superman, and Spiderman, all huge superhero based franchises associated to a host of products in the marketplace inc. their lucrative feature motion picture slates. Namely my iconic figure superhero SUNMAN (my U.S. registered trademark).

I'm looking to get the debut, superhero SUNMAN (tm) live action, feature length, wide release and blockbuster intended, motion picture, unrolled towards realization and release with-in the next two years, as based on (including whatever revisions as needed) my screenplay: Sunman - Born of Fire and Sky. Indeed, this summer, I intend to shoot representative captivating footage taken from this screeenplay of the openning few minutes of this debut SUNMAN (tm) movie project. To use this footage to show to potential major backers and production partners (the producing, directing brothers who made The Matrix did such a similar thing).

So what I would specifically suggest is to explore investing in my own superhero brand SUNMAN (the name alone has vast associative marketing and emotion evoking strengths). I think it offers a great potential for a return on investment. And I'm wondering if you (Donald Trump) just might like to explore jumping into the movie biz with the TRUMP name and brand. Wouldn't TRUMP FEATURE MOTION PICTURES sound good, and be a potentenially lucrative brand? Especially with a promising slate of films on board. You could even associate with that new up and comer hot motion picture property, my superhero SUNMAN franchise series of feature motion pictures (the debut, the prequels, the sequels planed). Just a thought.

In any case, what would you suggest I do to get the necessary support thrown behind my Brand, my debut movie project. So people won't be hoarding food for restrictive marginal gain when they could be backing instead promising projects instead, such as my own.

That is hidious, if we can not manage world affairs better than that, we are all DOOMED!

Stockpiling food for investment???

I don't think that Honey Combs is going to cause a ripple effect if its costs go up

If you're talking about joining Sam's Club or Costco's just because, thats actaully a good idea

OK, so don't put your money all in one egg basket, but, if you have to eat anyway, and you know it's going up, doesn't it make good sense to invest in a discount supplier like SAMS, SaveALot, etc. and doesn't it make sense to stock your pantry shelves? Then, doesn't it make sense to invest in food production and supply lines? Look at your hierarchy of needs. The most basic things are the stablest markets when we face economic crisis, you just have to find which way pays best to be invest. What things are basic needs? If everyone needs it, there is a demand - and a worldwide demand I might add....its all in how you manage the marketing "P's" Lets see, product, package, price, placement....

It is interesting so see the June 2008 statement that the economy would rebound, yet here we are in April 2009 and it's April Fool's Day. Should we "start" stockpiling food? Keeping a comfortable store of food so that you don't have to run out in an ice storn, or aren't at the mercy of a localized food delivery problem just makes sense. It's a survival thing. But "investing" in food is ludicrous. Why would anybody hope to get a decent ROI out of stockpiling 20 boxes of Rice Krispies? Or even a hundred? Anybody with common sense would be making some basic changes to their assumptions about "the good life". Sure, make a lot of money, buy a lot of property, make a steady income out of it and you can enjoy the culturally popular good life that is on TV. But you could also be happy making a steady income, OWNING property (not just buying it with leveraged options), and being economy-proofed. Learn to grow your own food for fun and profit. Learn to eat healthy, simple whole foods from local sources rather than relying on the chemical imports from China that go into your corporate-greed driven manufacture of nuisance foods like corn and wheat. You would be healthier and happier overall if you never ate another corn or wheat based product again, and that includes eggs, chickens, pigs, and cows. You'd also be economy-proofed. It wouldn't matter how much corn or wheat prices go up. Trump is right. You aren't going to make a profit by stockpiling cereal because you are the consumer not the manufacturer.