Investments? Where to put my money?

[JS80]

Originally posted by: freegeeks
long positions on oil, that what I'm doing as a long term investment. Prices will go up in short and long term. With the weak dollar, oil producing countries have actually zero intentions of producing more oil to keep the prices down. Together with all the speculation going on, there is only way and that is up. For long term, oil will be more and more a scarce commodity. There are hundreds of millions of Indians and Chinese that will become middle class and will buy a car. If you read some reports, we are basically at peak production for the cheap oil. New production will have to come from sites that are far more expensive to explore which means a high demand coupled with expensive to dig up

just my 0,2 eurocent

oil will collapse once china slows and US market tanks and hedge funds no longer have leverage and have to unwind their oil positions.

 

[freegeeks]

Originally posted by: JS80

Originally posted by: freegeeks
long positions on oil, that what I'm doing as a long term investment. Prices will go up in short and long term. With the weak dollar, oil producing countries have actually zero intentions of producing more oil to keep the prices down. Together with all the speculation going on, there is only way and that is up. For long term, oil will be more and more a scarce commodity. There are hundreds of millions of Indians and Chinese that will become middle class and will buy a car. If you read some reports, we are basically at peak production for the cheap oil. New production will have to come from sites that are far more expensive to explore which means a high demand coupled with expensive to dig up

just my 0,2 eurocent

oil will collapse once china slows and US market tanks and hedge funds no longer have leverage and have to unwind their oil positions.

well, I hope not

 

[edro]

Originally posted by: bigchiller
Do you think gold is a good investment at this point, LegendKiller?

Hell no! It is at an all-time high. Up 300% from 10 years ago.
It WAS a great investment 10 years ago.

 

[LegendKiller]

Originally posted by: JS80

Originally posted by: LegendKiller

Originally posted by: Cdubneeddeal
Can't go wrong with the oil market especially now. I'm imagining the Chinese market is a no brainer. But that's just my opinion.

How is China a no-brainer? China crap is more expensive now thanks to the falling dollar, america crap is quickly becoming cheaper. China's inflation is skyrocketing and exceeding their GDP growth, so stagflation there. Since Americans are hunkering down and reducing consumption overall (excluding currency effects) it will further reduce china crap demand. There's civilian uprising which may get worse and the Chinese Olympics may be a bad spot in olympic history.

I don't see China as any kind of no-brainer right now.

I would argue China is a no brainer short...buy FXP.

lol, nice!

 

[LegendKiller]

Originally posted by: edro

Originally posted by: bigchiller
Do you think gold is a good investment at this point, LegendKiller?

Hell no! It is at an all-time high. Up 300% from 10 years ago.
It WAS a great investment 10 years ago.

Agreed. It's only going up now because dollar repricing. As soon as this "recession" is over, it collapses.

 

[bcterps]

Gold is at a high in terms of dollars but I don't think it's at an inflation adjusted high like oil is. It's not a horrible investment in the short term, the dollar is going to continue to fall for some time, and this recession or whatever you call it is going to go on until 2009 IMO. It's probably not a bad place to park some money for 3-6 months.

 

[JS80]

Originally posted by: LegendKiller

Originally posted by: edro

Originally posted by: bigchiller
Do you think gold is a good investment at this point, LegendKiller?

Hell no! It is at an all-time high. Up 300% from 10 years ago.
It WAS a great investment 10 years ago.

Agreed. It's only going up now because dollar repricing. As soon as this "recession" is over, it collapses.

Once the market bottoms it will be fun being levered on levered long equities (SSO) and short gold (GLD). I just hope I time it right heh...

Someone should start inverse commodities index.

 

[Nutdotnet]

I have my 401(k) in a MM account for the time being...it was just too depressing to looking at losing $$$ everyday. I'd rather have money in my account while this crap rides out.

 

[imported_Lothar]

Originally posted by: JS80

Originally posted by: bonkers325

Originally posted by: JS80

Originally posted by: bonkers325
chinese market is hitting roadblocks, inflation is at its highest

watch the financials, GS hit its 52 week low today, but i think the bottom has yet to be reached. i'm thinking around $130 would be a good entry point for GS

GS's LBO paper is going to blow up. Short that shiz.

i dont put GS in the category of financials that will crash... but thats just my opinion

Read their 10-K and tell me if their balance sheet makes any sense.
When their SIVs get light shed on and their LBO paper starts to rot the only thing that can save them is if they have massive short positions against themselves and their peers.

Goldman will post a $1.2 billion profit tomorrow.
Just you wait and see.

The profit will be from shorting BSC and LEH.

 

[FDF12389]

Invest in all the newspaper companies...... /sarcasm

 

[JS80]

Originally posted by: Lothar

Originally posted by: JS80

Originally posted by: bonkers325

Originally posted by: JS80

Originally posted by: bonkers325
chinese market is hitting roadblocks, inflation is at its highest

watch the financials, GS hit its 52 week low today, but i think the bottom has yet to be reached. i'm thinking around $130 would be a good entry point for GS

GS's LBO paper is going to blow up. Short that shiz.

i dont put GS in the category of financials that will crash... but thats just my opinion

Read their 10-K and tell me if their balance sheet makes any sense.
When their SIVs get light shed on and their LBO paper starts to rot the only thing that can save them is if they have massive short positions against themselves and their peers.

Goldman will post a $1.2 billion profit tomorrow.
Just you wait and see.

The profit will be from shorting BSC and LEH.

$1.2 billion profit dwarfs the trash sitting within the $821 billion in the balance sheet in question. If 1% of it is trash...well, you do the math.

 

[imported_Lothar]

Originally posted by: JS80

Originally posted by: Lothar

Originally posted by: JS80

Originally posted by: bonkers325

Originally posted by: JS80

Originally posted by: bonkers325
chinese market is hitting roadblocks, inflation is at its highest

watch the financials, GS hit its 52 week low today, but i think the bottom has yet to be reached. i'm thinking around $130 would be a good entry point for GS

GS's LBO paper is going to blow up. Short that shiz.

i dont put GS in the category of financials that will crash... but thats just my opinion

Read their 10-K and tell me if their balance sheet makes any sense.
When their SIVs get light shed on and their LBO paper starts to rot the only thing that can save them is if they have massive short positions against themselves and their peers.

Goldman will post a $1.2 billion profit tomorrow.
Just you wait and see.

The profit will be from shorting BSC and LEH.

$1.2 billion profit dwarfs the trash sitting within the $821 billion in the balance sheet in question. If 1% of it is trash...well, you do the math.

Guess your sarcasm batteries are dead eh?

 

[GTaudiophile]

My portfolio is up 20% since JAN 2007, mostly thanks to my metals/metal funds (gold, silver, platinum).

 

[JS80]

Originally posted by: Lothar

Originally posted by: JS80

Originally posted by: Lothar

Originally posted by: JS80

Originally posted by: bonkers325

Originally posted by: JS80

Originally posted by: bonkers325
chinese market is hitting roadblocks, inflation is at its highest

watch the financials, GS hit its 52 week low today, but i think the bottom has yet to be reached. i'm thinking around $130 would be a good entry point for GS

GS's LBO paper is going to blow up. Short that shiz.

i dont put GS in the category of financials that will crash... but thats just my opinion

Read their 10-K and tell me if their balance sheet makes any sense.
When their SIVs get light shed on and their LBO paper starts to rot the only thing that can save them is if they have massive short positions against themselves and their peers.

Goldman will post a $1.2 billion profit tomorrow.
Just you wait and see.

The profit will be from shorting BSC and LEH.

$1.2 billion profit dwarfs the trash sitting within the $821 billion in the balance sheet in question. If 1% of it is trash...well, you do the math.

Guess your sarcasm batteries are dead eh?

Just replaced it. Meter didn't move

 

[JS80]

Originally posted by: GTaudiophile
My portfolio is up 20% since JAN 2007, mostly thanks to my metals/metal funds (gold, silver, platinum).

I hope you GTFO before those start tanking too.

 

[DaWhim]

income fund that pay monthly dividends or emerging market adr index. emerging market adr index has been growing crazy these days.

 

[sniperruff]

considering everyone's losing money these days, asking help on ATOT isn't really wise.

 

[GTaudiophile]

Originally posted by: JS80

Originally posted by: GTaudiophile
My portfolio is up 20% since JAN 2007, mostly thanks to my metals/metal funds (gold, silver, platinum).

I hope you GTFO before those start tanking too.

I think gold still has some life in it, but yeah, it could be near the top too.

 

[Yossarian]

Originally posted by: Nutdotnet
I have my 401(k) in a MM account for the time being...it was just too depressing to looking at losing $$$ everyday. I'd rather have money in my account while this crap rides out.

foolish. 401k is for retirement, obviously. long term, this is a blip in the market. this is a great time to buy for your 401k. shares you buy in a good index fund should be quite valuable when you're ready to cash them in in 30-50 years.

 

[OS]

Originally posted by: JS80

Originally posted by: LegendKiller

Originally posted by: Cdubneeddeal
Can't go wrong with the oil market especially now. I'm imagining the Chinese market is a no brainer. But that's just my opinion.

How is China a no-brainer? China crap is more expensive now thanks to the falling dollar, america crap is quickly becoming cheaper. China's inflation is skyrocketing and exceeding their GDP growth, so stagflation there. Since Americans are hunkering down and reducing consumption overall (excluding currency effects) it will further reduce china crap demand. There's civilian uprising which may get worse and the Chinese Olympics may be a bad spot in olympic history.

I don't see China as any kind of no-brainer right now.

I would argue China is a no brainer short...buy FXP.

i dunno, i use my, uhh, more than fair share of inverse ETF funds, but since they utilize asset swaps, it is not clear who the counterparty is, and there is the supposed possiblity that the counterpart may default, thus, uhh, causing the fund to blow up.
of course if you know details, let's hear it.

 

[IEC]

Originally posted by: Lothar

Originally posted by: bigchiller
Hey guys,

I'm wondering WTF I should do with my money these days. Stocks seem to be going lower each day, economic news is getting worse, we've just had a major bank fail, and inflation is becoming a bigger risk.

Right now I have a small position in EMC (i'm down about 25%) and the rest is in cash. I'm also continuing to fund my 401k and putting contributions in BREAX. My current plan is to continue to stock money away in fixed rate savings while leaving my 401k untouched and hope that in the future (after things have bottomed out) that I'll be able to buy some names such as KMX, C, and CMG on the cheap.

Should I be investing anything in the meantime? What about gold, oil, internationals? Is anything safe?

BREAX has a 1.62% expense ratio
Your 401k doesn't have a better mutual fund?

The reason I sold PRLAX after holding it for 3 years was...
1.) EM's will pop.
2.) The 1.24% expense ratio was too high.

If I were you, I wouldn't invest in any fund that has a total expense ratio of more than 1.00%

I almost forgot I still hold some PRLAX and TREMX, lol.

 

[imported_Lothar]

Originally posted by: Spartan Niner

Originally posted by: Lothar

Originally posted by: bigchiller
Hey guys,

I'm wondering WTF I should do with my money these days. Stocks seem to be going lower each day, economic news is getting worse, we've just had a major bank fail, and inflation is becoming a bigger risk.

Right now I have a small position in EMC (i'm down about 25%) and the rest is in cash. I'm also continuing to fund my 401k and putting contributions in BREAX. My current plan is to continue to stock money away in fixed rate savings while leaving my 401k untouched and hope that in the future (after things have bottomed out) that I'll be able to buy some names such as KMX, C, and CMG on the cheap.

Should I be investing anything in the meantime? What about gold, oil, internationals? Is anything safe?

BREAX has a 1.62% expense ratio
Your 401k doesn't have a better mutual fund?

The reason I sold PRLAX after holding it for 3 years was...
1.) EM's will pop.
2.) The 1.24% expense ratio was too high.

If I were you, I wouldn't invest in any fund that has a total expense ratio of more than 1.00%

I almost forgot I still hold some PRLAX and TREMX, lol.

I stayed in PRLAX because I didn't want to have my mom get a tax hit.

PRLAX is good if you don't have tons of cash and would rather invest $xx/month.
If you already have the cash with you getting PRLAX doesn't make sense when you can get ILF.

If I had only discovered ILF 3 years ago instead of last year...