The market has just been on fire, let's hope this is the recovery we've been hoping for. http://money.cnn.com/2011/04/27/markets/markets_newyork/index.htm?hpt=T1
The markets go up, the dollar goes down. Wait'll QE2 wraps up and the money stops printing. And check out what Bill Gross is up to:
So what would be a good investment in your opinion? In the last 4 years I've made a decent amount, I'd kinda like to diversify a bit more.
silver? comodities? Anything but funds tied to the treasuries. What i want to know, seeing as how the "markets" are not doing so bad, is how come people are still loosing jobs and homes? how come wages are going down and costs going up? Seems like the top is getting by without ass-rape and we're being deprived of that K-Y. :wink: as Butterbean would say:
The market is up because QE2 is driving inflation through the fucking roof (and commodities with it). Everyone is betting that QE3 is going to follow suit in which case it will get worse. I'm probably sticking the rest of my holdings into some commodities ETFS and perhaps some bluechip dividend stocks (maybe coke).
Well now, get yourself a load of this: http://finance.yahoo.com/banking-budgeting/article/112616/imf-bombshell-age-america-end-marketwatch Now Bill Gross's move makes a shit load of sense.
Bubble. Of course China will overtake the US. China makes things and sells them. This is the only real way to make wealth, without playing games with debt. (such as stock market speculation bubble inflation) In the name of "cost containment" our private sector has eviscerated our own manufacturing base, leaving only specialty niche markets for manufacturing left in the US. We've exported the industries that made actual real wealth in this Country, while the talking heads talk about the "knowledge economy", which is a joke, since knowledge, and the acquirement thereof, is entirely fungible, and said knowledge by the very nature of Human I.Q. range, leaves out the half of the population on the bottom end of the bell-curve. Lesson learned: Net Creditor Nations' economies EXPAND. Net Debtor Nations' economies CONTRACT. I for one bow down to our new Mandarin Overlords!
Who didn't see that coming? India has the same opportunity but doesn't have the same level of government intervention as china. What will end up happening in the future is that manufacturing jobs will come back to the US and China and India will be our biggest buyers do to resources and better quality engineering we will provide (sort of like the relationship between us an Japan). I don't do a lot of investing but in terms of picking stocks I'm 3 for 3 I picked up GE at $10.30 and AA at $13.90 and S at $4.34.
But what's the quality of life like during all this? How many will loose all their pensions? What will the public outcry be like considering all the people that believe it's government's job to maintain the bubble and all it's incentives? there's a lot of questions one needs to consider here. I was doing great with some funds back in 2001. I hung on to the bubble one day too long. Lost my retirement overnight. Sure, they were risky stocks, but I found that it's not what the stocks are doing now that counts. It's what they are doing the very moment you sell that tells the true story. I'd be justified in stating that a lot of people are going to get stung. Encouraging news though, silver is back where it was before taking a giant shit back in '81. Three weeks before that metal dropped like a hookers undies, a good friend invested his retirement, on the advice of a broker, in silver. He lost 75 grand overnight. to this day, he still leverages all that silver and has his money back. 30 freakin years later. Bubble? You can safely bet your ass it is. It's been one bubble after another since the mid 70's.
That's why I think focusing on tax cuts for corporations is ridiculous. Businesses will go to where ever makes sense for them and others will pop up in their place. Where does toyota have their cars made? What about hyundia? Tax policy should be focused on the people and not corporations. Government should be focusing on a sound energy policy that will remove or minimize outside influences. If our economy is based on oil availability and we import most of our oil then who has the ability to control us? Times will get tough but just like in the past, necessity is the mother of all inventions. Eventually way, way in the future we will have a true world economy where workers wages and rights will be equal no matter where you go but until then we will continue to see outsourcing from country to country as the search for cheap labor continues and when it's found the people will prosper and up their price and their jobs will be out sourced as the cycle continues until everyone is "equal".
I agree with wiskas. Commodities. And equities are fine too, but I'd look for things not backed by the dollar. Get in other markets, other currencies. You can be in all the right places via ETF's but if the dollar takes a dump all those good calls won't mean squat. That's the gist of what I've been reading/hearing.
I'd say rice may be a good bet. http://www.reuters.com/article/2011...110428?feedType=RSS&feedName=worldNews&rpc=76 1.3 billion hungry Chinese and rice.......it's what's for dinner!
Simple trick: If the price is high now, it's NOT a good investment. aka "Buy when everyone is selling, and sell when everyone is buying." Another simple trick: The older you are, the more your investments should be in low-yield short-term SAFE investments like your savings account, or short term CDs at the Bank. The younger you are, the more your investments should be in no-load indexed funds (spreading the risk across the entire market, so one tanking stock doesn't kill you) Another simple trick: You should always have a MIX of investments, from the safe stuff, to Bonds, to Stocks. Another simple trick: Commodities futures trading is GAMBLING, pure and simple. Invest in these with the same money you use to visit the casino. Also, if you invest in rice, at least buy yourself a decent rice-cooker! Then you can make your own fried rice dishes! my mouth is watering...
One fund I'm in heavily (hence the reason I've made so much money the last few years), is something called the "emerging markets fund". Basically Korean, Chinese, Brazil, etc. Here are the top ten holdings. How would I tell if this fund is backed by the dollar or not?
In managed funds, the only ones who make money in the end, are the MANAGERS. Dump it and get a no-load indexed fund instead!
Right....a pyramid Oil must have been a winnar: http://www.msnbc.msn.com/id/42796635/ns/business-eye_on_the_economy/
I just mean traded in Dollars basically. There's similar products traded on the Toronto Stock Exchange for example, link. And the euronext, and the asian markets. You can have the similar positions without being at the mercy of the dollar is all. Something to think about. EEM (emerging markets etf traded on amex) in green, ZEM (emerging markets etf trader on TSX) US $ vs Canadian $ (same time period)
http://www.teensguidetomoney.com/investing/stock-labels-mostly-unofficial-stock-classifications/ Graph: Then inject this into that info: http://www.sustainablemiddleclass.com/Income-inequality.html Where does anyone believe the domestic market is going to go now?
You will always be at the mercy of the Dollar, as long as you live in a Country who's currency is (or is tied to) the Dollar...
But a few are bracing themselves for when it's not: http://www.time.com/time/business/article/0,8599,1865467,00.html
There's a reason for the amero. but that's another theory. or is it?..... http://en.wikipedia.org/wiki/Bilderberg_Group http://www.epi.org/publications/entry/briefingpapers_bp147/
