MONEY money money money

POSTED BY: SignyM
UPDATED: Saturday, July 22, 2006 03:19
VIEWED: 1027
PAGE 1 of 1

SIGNYM

Friday, July 21, 2006 8:15 PM

Sort of.

INVESTMENTS

Hoookay... First of all, I'm a macro-economic sort of investor. I try to look at the big pic before I buy because no matter how great of a stock, house, bond, commodity, or currency you pick, if you're facing the Crash of 2006 YOUR investments are going to sink along with everyone else's.

So, first question: did I miss out on any major investment categories?

REAL ESTATE
I wouldn't buy a house right now because prices are coming down. Folks who previously predicted a "soft landing" are now predicting shakeout. Been thru this before... it took ten years for prices to reach their previous highs. Not a favorable outlook. The question that I have is whether the consumer spending that was fueled by home loans will dry up, and if that will have an impact on jobs.

NOTE TO SELF: If banks get hit with foreclosures it will be time to buy their stock.

STOCKS
Stock market's down. The DJ is below 11,000 and my fave potential stock pick (AMD) is off from 42. Time to buy? Or do you think the market's going to drop further? Are there any sectors that look shaky now that will pick up soon?

CURRENCY
USA dollar- has taken a small blip up
based on higher Treasury rates, but overall the amount of USA indebtedness seems to disfavor the dollar.

Euro- has taken a small hit from Treasury rate increases and from the Mideast turmoil. However, they also get oil from Russia and other regions. I'm not sure where their major market is.

Ruble- I sure wish I knew where to invest in the ruble. It just became a fully convertible currency, and their oil and gas fields... and nearby markets of Europe, Japan and China... the future looks bright.

Chinese Yuan- China (unlike most major nations) still buys most of its oil on the spot market, which has just gone thru the roof. And if USA consumer spending folds, there goes China's major customer. I dunno -what do you think?

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Don't piss in my face and tell me it's raining.

SIGNYM

Friday, July 21, 2006 8:42 PM

OMG I not only killed this thread I seem to have killed RWED!

It's not THAT serious, folks! It's a GAME! Pretend you have more money than Croesus. Where would YOU put it?

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Don't piss in my face and tell me it's raining.

CITIZEN

Friday, July 21, 2006 8:44 PM

You dirty capitalist investment British-Nazi-Jew Scumbag...

Oh sorry wrong thread.

More insane ramblings by the people who brought you beeeer milkshakes!
No one can see their reflection in running water. It is only in still water that we can see.

SIGNYM

Friday, July 21, 2006 8:47 PM

hahahahahahahahahaha!!!!! {gasp!}

Yo mama so stupid she put an antenna on the microwave.

Oh... right...

GINOBIFFARONI

Friday, July 21, 2006 9:15 PM

Quote:
Originally posted by SignyM:
OMG I not only killed this thread I seem to have killed RWED!

It's not THAT serious, folks! It's a GAME! Pretend you have more money than Croesus. Where would YOU put it?

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Don't piss in my face and tell me it's raining.

Right now ?

I'd invest in Russian surface to air missiles ( the export market is booming )

Iranian uranium concessions

and oh yeah

3M

I figure duct tape sales in the US is going to skyrocket again.....

" Fighting them at their own game
Murder for freedom the stab in the back
Women and children the cowards attack

Run to the hills run for your lives "

http://www.darklyrics.com/lyrics/ironmaiden/liveafterdeath.html#12

SOUPCATCHER

Friday, July 21, 2006 9:28 PM

PLASTICS!!!

* sorry, someone had to say it *

* now it looks like there are a lot of posts to read *

SIGNYM

Friday, July 21, 2006 9:35 PM

OMG Soup! Yo mama is so old she makes Mrs Robinson look young!

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And nobody knows what the h*ll we're talking about!

SOUPCATCHER

Friday, July 21, 2006 9:48 PM

Oh man. My mom and Mrs. Robinson in the same sentence. That's gonna take some therapy.

* edited: removed rhyme

* because some lines shouldn't be crossed

FREMDFIRMA

Saturday, July 22, 2006 3:19 AM

UNCUT GEMSTONES.

And not by 'points' or 'shares' in a stone that may or may not exist in a vault somewhere.

Buy them outright, start with smaller, more inexpensive stones and work your way up, making sure you have a little diversity there.

Cuts go in and out of style, but the basic value of the stones always go up, and if it comes to it, you can always trade the chips of a larger stone for the cut itself.

They're effective currency anywhere on the planet, portable, and do not attract the attention that precious metals do - just toss em in with a buncha ordinary rocks and a geology hammer & books, and folks won't even look twice.

If you spread your buys well, it doesn't draw attention, and if you're slick enough to buy/sell/trade in more than one currency, you can make a cut on the exchange as well as the sale.

And if society implodes and we're back to rocks and sticks, they're STILL valuable.

It's what I call a win-win investment.

-Frem