The Investment Thread

USD buy?! Rocks in your head!
Same with euro. I wouldn't touch shit right now if you are more conservative with currency. This us debt will send waves everywhere.

Might pick up some stocks after if you want to be a vulture and buy low.

There is danger of default on debt and downgrade of credit rating, an the tea party crazies have everyone over the rack trying to stop a deal going through.

 

This is all a game of chicken just like the healthcare bill. This all bullshit anyway they're just making a panic to drive stock prices down so the elite can them on the cheap.

 

I'm debating on whether or not I should sell my positions in anticipation of some 'cheapies' coming in in the next few weeks.

Then again, I could just 'average down' and buy them as they get lower.

 

I did on a few. I invest ASX generally though which is better insulated.

 

I'd go with the second option or if its possible sell some tangibles on ebay but increase the fuck out of your capital and buy up shit that will down 8 to 14 percent but will surely bounce back quickly like McDonalds or bare market necessity like companys that make soap.
But in times like these I always say go with goods not services.

 

When you place a buy order on that currency pair, it means that you believe the Euro would advance against the US Dollar. If you were to make a sell on that pair, you are saying that the USD would advance against the Euro.

Anyhow, this is the site I use: http://4xangels.com/. The partnered broker that I signed up for was HotForex, since they allow US clients to invest funds.

Edit: Just realized you all were investing in stocks and not in Forex.

 

Yeah I understand, but shocks in us market will fuck with the euro, in short.
Forex is risky and not easy like they pretend.

Since I started work I always invested 40% but spread the risk.

 

True. I've still got some improvement to do with risk management in Forex.

 

So true, or hopefully.

They have to pass it, there's no choice.

Increasing the debt ceiling doesn't necessarily increase the amount of debt in real terms because the economy is generally expanding .

 

I completely pulled out of the stock market last year, as there are few signs of consistent growth in the economy to remain onboard. It took sixteen years for the stock market to reach a turnaround after the Great Depression. The Great Recession is only four years old and I don't see much reason for optimism in the near future.

If you have some creative talent, invest in that.

 

I guess it depends on how much capital you have because we're getting more new millionaires and billionaires every year but you do raise an interesting point.

 

Yes, the market is filled with uncertainty at this point but there's still many other investment options out there. Simply purchasing and owning a stock is only one of the many types of investing in the market.

I feel that even during tough times, there is always opportunity, and not just for losses but also for gains. It's a matter of strategy and defensive investing. To each their own.

 

I decided to follow up on the sixteen year number and am getting projections of 25 to 28 years that it took for the stock market to return to its pre-1929 peak. In any case, it takes years for the stock market to find itself after an economic catastrophe.

 

Even during the bad times there are great investment fund managers who produce stellar returns. Sometimes when you read these projections it can scare you from investing at all. I still have money in the market and aim to build up my portfolio as the market goes down. I've got a very long term horizon. During a bear market not every stock goes down, and during a bull market not every stock goes up. Good managers can navigate both markets. They can protect your money during the bad times and increase it during the good. The trick is to find the right managers.
Here in the UK there are good managers with good records who I plan to invest with for the long term. They are the British equivalent of Warren Buffett. One name that springs to mind is Giles Hargreave, who just launched a new small cap fund. He has an incredible record, and his last fund would have made you very rich if you'd got in early. I plan to drip feed money into this fund as well as others and benefit from their stock picking ability as well as the market recovery.

QB

 

Being Australian I may be biased but you are right. I don't generally buy us stocks.

During the crisis the Australian economy only technically just slipped into recession and that is on a conservative take of the third quarter, many say it didn't occur at all.

Recovery was very fast. Regulation saved us, the lack of it sent the heart of the us system rotten.

Mine are still doing ok, and I do not invest in any aspect of the mining sector that ticked over at a hot speed the whole time.

 

We should also remember we didn't have the depression to look back on back in the 20s. We're also far more innovative than we were then. We will come out of this much quicker than two decades. We just won't be number 1 anymore. Europeans and Austrailians and Canadians seem to live great not being number 1.

 

Time for me to out of his thread.. Aw, it's interesting but it's in the mens room!! Ok plus I'm typing on this teeny phone thing and I've been at dinner on the wine.

I agree with you, Other economies insulated themselves with regulation.


Economists with a social perspective, like the american scholar, economist and lawyer reich in his tome The work of nations basically says a nations education of it's people and the infrastructure that connects it will have a more important influence long term on it's global competitiveness than traditional numerative measures of profitability. Innovation.

Reich also talks about social problems generated by a too fast economy in 2008 book "supercapitalism... " and the future for the us in "aftershocks".

When you say other countries live just fine you are right exactly, and these are the ideas of social indicators that you pick up on.


You make a good point. Some stock should be viewed like property, hold it long term and I mean long and it will generally always be good to you. And some you need to turn over.

In the most Basic terms if the economy runs too fast it overheats, obviously. Seems so predictable.

Books as early as 1970's

 

Lekolsa please tell me you have some friends because in my experience birds of a feather stick together and I'm very interested in meeting another beautiful Aussie with pragmatic yet compassionate view of the world who doesn't mind getting her ass beat at words with friends because I'll book a flight TONIGHT!

 

Hah!My previous post didn't make a whole lot o sense. I lost energy typing by the last sentence.

I love all my friends, I don't have time for bitchy stupid friends. They not all white though . Generalising, I would say my Aussie female friends are pretty down to earth.

Wwf I'm still a novice! Trust me with practice I will learn and beat you. I've never lost to anyone else GR :smt081 it's a good game for those moments stuck waiting somewhere.

 

No worries I will teach young padawan lol