Guidant Financial Group Blog

It’s amazing the things you can make money from. For instance, have you ever felt like breaking something?

The Dow just closed down 733 points, the race to the Whitehouse has graduated from a friendly game of peewee football to a full-fledged rugby match (complete with mudslinging), and the Cubs’ World Series hopes have been dashed yet again.

How about now? Ready to fling that antique vase or ceramic chip-and-dip across the room? Well, maybe your 401(k) could benefit from your (and everyone else’s) rage.

In a recent post by TheBrinkTank, writer Trenton Flock explores Sarah’s Smash Shack, an innovative new business in San Diego where patrons can buy a box of smashables for $10-45 to do with what they will (hint: there’s a stainless steel wall in the establishment).

The fact of the matter is that, although things look bleak in the securities market, you don’t have to invest your money there.

You don’t have to invest your money there.

The stock market has many benefits and each investor should work with their own professionals to determine what the best investment strategy is, but a little diversity never hurt anybody (well, unless that diversification involves an even more destructive enterprise than Sarah’s Smash Shack – but we won’t go there).

We are sure that many of our clients are actually profiting from the economic downturn. While we don’t advocate it, the recent drop in stock values has led many investors to the bottle – something that has got to make Guidant client Andy Alberts, owner of Touchdowns Sports Bar, happy.

Furthermore, the drop in housing values and subsequent hike in rent has made many Guidant self-directed IRA clients a profitable return on their rental properties.

People have some pretty amazing ideas – and even more people will pay for some pretty amazing (and amazingly random) things. What are you doing to deal with this nail-biter economy? Maybe it could be the profitable investment that your IRA is missing!