Stock guru's, post advice/observations

Nothing is more informed than a solvent market.

Why pull money out? You're imagining that someone WANTS to buy your stock at market price. You're also imagining that someone wants to SELL that stock at market price, both expectations.

The stock hasn't bottomed out, and won't. There's the small matter of an election next tuesday which always impacts, even globally. Our FTSE is where I hold some stocks, and I hold one in the ISEQ. None are paying off, and yet I hold them. Even if I tried to sell I don't have a hope in hell.

When the market is bottoming out, then there'll be a buy frenzy. Europe hasn't figured out which measure is the best yet for restabilizing the markets. When that happens, then it's time to buy. Until then, I hope you like bungee jumping.

Maybe we're just talking about two different things here. I'm speaking of long term investing, which means there are deals out there and you dont really care about any bungee. Short term investing is like blackjack.
 
Maybe we're just talking about two different things here. I'm speaking of long term investing, which means there are deals out there and you dont really care about any bungee. Short term investing is like blackjack.

Blackjack is just about the only casino game you can consistently win at...
 
gold is finite, unlike most other investments.

gold has always traded somewhat high as it is a safe bet with a nice yield.

agri comods have been going up and up and up for the past year. one fund which had a buy in of 5k is now trading around 14k. not too bad for a years faith.

Silver is going to increase in price at a faster rate and is cheaper, you would get a better yield by investing in silver more than gold......but what you say is true.
 
I threw a lot of my 401k in my company stock for a few months, then will go back to diversifying it because of the amount I could make in a short term on this.
 
I wouldn't invest in gold or silver. The price is going sky high at the moment because it is pretty much the only winner. If you brought gold a year ago you'd be loving life, but at the moment I don't think it's a wise investment. I would just put my money in a safe bank or a credit union (if you have such things). I feel safe knowing my money is in the co-operative bank as opposed to a multi-national risky big bank.
 
I threw a lot of my 401k in my company stock for a few months, then will go back to diversifying it because of the amount I could make in a short term on this.

I had a huge problem with company stock for like 5 years while I was working there. The company I was working for was turning into an ESOP and I wasn't allowed to contribute to my 401k as they were giving us the max you could donate to a tax free retirement fund. The company has been just doing terrible and I am stuck with a buyout investing a 20 percent amount every year.
 
I wouldn't invest in gold or silver. The price is going sky high at the moment because it is pretty much the only winner. If you brought gold a year ago you'd be loving life, but at the moment I don't think it's a wise investment.

Exactly. If you're chasing the statistics, you're always too late.
 
Exactly. If you're chasing the statistics, you're always too late.

I don't get this your point.

Have you saw the FTSE on open this morning? There's no telling when this market will end. You're anticipating you will have a buyer at the end, which is false. Market rate or no market rate, just becuase the spot is 265 doesn't mean you will sell it or CAN sell it to a buyer at 265.

It's nothing to do with statistics at this point, noone knows where this will end and if they end up suspending markets... Good luck on your long term stock investment.

To be bullish about something that is entirely speculative at this point is just wrong.

My investment tips? At this time, stick to something that exists, not just traded faith in a company. Foodstocks, animal feed, coffee. Whatever. Coqui recommended Silver, I've never been a metals investor, but I'd imagine that with 10 new nuclear power plants about to get the go ahead in the UK in the next few weeks, it'll be safe to say Uranium will have an augmentation, though it's already trading very high since the announcement last year of intent.

Mining sector is still safe but long term. Offshore drilling, not so safe. Retail blue chip is safe but get out before they post their quarterlys.