Where to invest these days?

[InTheBum]

Just curious where people are investing these days?


Money Market and GIC's = 1% or so...complete joke
Bonds are pretty lame...lucky to make 4% and could lose
Stock Market is a gamble
Gold?


I am currently 70% in fixed income and 20% stocks and 10% in cash in stock trading account.

Personally, I think the "recovery" is a laugh and the economy of the world is being held up by govt stimulus. If they pull the stimulus back...depression will come...Therefore, I expect another round of stimulus...

 

[johnperb]

Don't invest in GIC/TFSA's. Don't invest is housing/land. Invest in Healthcare/Technology related companies. A good example is General Electric, they took a big hit in the meltdown. Since the melthdown their stocks have tripled and still haven't reachedl their full potential.

 

[tru]

I just maxed out my tfsa with a high yielding canadian energy fund. I think the tax free savings is the best thing the goverment ever thought of. I agree with the purchase of GE shares the Div/yield are only going to increase over the next year ill be super happy when it hits 30 cents again!!!

 

[cruiser]

Don't invest in GIC/TFSA's. Don't invest is housing/land. Invest in Healthcare/Technology related companies. A good example is General Electric, they took a big hit in the meltdown. Since the melthdown their stocks have tripled and still haven't reachedl their full potential.

I would sure like to know where you've seen GE triple ??? I've held GE since 2000 and have only ever see it go down...it used to be around $50 US in 2000 and now is sitting at $15 US....so where does this triple come in ?????

 

[Horse99]

this is almost the LAST place to look for advice

free advice is worth just what you paid for it.....we're in a bear market....references to a 'recovery' whether it's occurring or not, refers to the general economy and does NOT help you in the stock market.

Did you ever notice that economists are rarely successful stock pickers? They are like weathermen....they can only tell you what happened after the fact.

With a Bear market, the markets are going to be roiling....bad news has an exaggerated effect on a specific stock, and good news is ignored, and there is no break out sectors.

 

[johnperb]

I would sure like to know where you've seen GE triple ??? I've held GE since 2000 and have only ever see it go down...it used to be around $50 US in 2000 and now is sitting at $15 US....so where does this triple come in ?????

And around the crash it was at $6.66/share. Tripled since the crash and will only increase.

 

[vince_chase]

Investment

Tech. stocks can be rewarding if YOU UNDERSTNAD WHAT YOU ARE INVESTING IN.
for example, if you bought IMAX stock 2 years ago, you are probably pretty happy right now.
however, that means you had to do the research and understand the IMAX impact with the film industry and timing.
It takes fair amount of monitoring - i do not have the time, my cousin does, he is retired and he just made a killing with
IMAX.

for myself, i believe smart investment in property is always a winner in the long run. there will always be dips and valleys,however, in the course of 5-10 + years, you can not go wrong.

the only exception may be condos - the ROV maybe a lot longer and that is if you did buy in a good location.

 

[tru]

What do you guys think of US bank stocks like BAC and JPM? I have feeling they might be doubles in a year or two if Obama dosnt get in the way.

 

[Big Dog Striker]

What do you guys think of US bank stocks like BAC and JPM? I have feeling they might be doubles in a year or two if Obama dosnt get in the way.

I'd stick with Goldman Sachs. They've been running the US economy for decades. Whoever is in the White House doesn't make a difference, Democrat or Republican.

 

[Big Dog Striker]

Most governments are now becoming more conscious about the environment and there's lot of opportunities to be made. We've heard of the recent Kyoto Protocol in Copenhagen last December, climate change, global warming, zero footprints, and many more. My favorite is carbon credits. It's not as sexy as oil or lithium as of present but it has a very promising future. Carbon Credits is a mulit-billion global industry and is estimated to become more than a trillion dollar market in the coming years. Imagine yourself playing Greenville instead of Farmville in Facebook and getting big bucks for it. You can also compare investing to playing soccer. You don't go where the ball is, you go where the ball is going.

" Carbon will be the world's biggest commodity market, and it could become the world's biggest market overall. "
- New York Times - July 7, 2007

 

[InTheBum]

What do you guys think of US bank stocks like BAC and JPM? I have feeling they might be doubles in a year or two if Obama dosnt get in the way.

Too risky...they are still full of toxic assets...

 

[HubbaHubba]

Too risky...they are still full of toxic assets...

An article I read said there have been no fundamental changes in the US banking system and thus no reason to believe a turn around should happen. Well done InTheBum, a gold star for you

 

[Big Dog Striker]

What do you guys think of US bank stocks like BAC and JPM? I have feeling they might be doubles in a year or two if Obama dosnt get in the way.

Still a good bet against inflation in the long term. Those bad debt assets in its balance sheets will be inflated away anyway in the future. The world's treasury departments are creating money non-stop every second, in no time inflation is going to back to the late 70's.

 

[fairlane307]

Friend of mine still uses the mattress to "protect" his money. :>)

 

[bcneil]

Nobody looking at gold?

I was able to get Goldcorp at $37 and change earlier this month.
Even got an extremely conservative friend to grab some.

 

[jetsam]

Friend of mine still uses the mattress to "protect" his money. :>)

I keep most of mine buried in the back yard, one of the coffee cans rusted through and I lost like $23 due to mold.

Hot stock tip: VAV Venga Aerospace, affiliated with GMI, a Liberian, or is it Nigerian Gold play. I've been holding for years and they are gonna bust out any day. No need to research cause I have done it. Pick up a shitload @ 1.5-2cents, it's gold I tell ya, pure gold!

Caesar rules.... or is it Caesars rule?

Quick, out the back door, someone is here.

 

[InTheBum]

The market has lots of up in it, but it'll take a while. Take a look at stocks like Ford, once 1 dollar, now 10. Sirius Radio was 10 cents, now it's 1 dollar. Look for undervalued stocks in companies with a solid future.

This all goes without saying...

I am asking where exactly are you investing...not general statements.

If a stock, or ETF, or bond...which one...what price did you buy? Do you have an exit point? etc...

 

[rush]

I'm up 400% last year this time on several gold buys - even TSX venture juniors (risky, but some hvae more cash than share values!)

I'd look into lithium hard. car companies are scrambling to get to Argentina for lithium...MAgna's Stronach put in $10 million earlier this month IIRC

 

[mobile1]

I think you should buy ProShares SDOW ETF which is shorting the Dow Jones Industrial Average. Put all of your money in it, and when the dow goes down 1%, you make 3%. Since this will be a down year, you will definately make money by shorting the Dow Jones, and when Gold reaches 900/oz, sell the ETF and buy gold.

 

[mobile1]

I think that commodities will drop further due to the interest rate hikes made by China and the Fed increasing their emergency loans by 25 bpts. Until then, short the DOW or Euro for that matter. Piigs (portugal, italy, ireland, greece, and spain) are all in trouble with the soverign debt crisis, and the stock markets have gotten "swine flu". I am berish these days with the market, and remember that Dow 10500 is the ceiling and the support is 9500 and below.