Where to invest these days?

[Big Dog Striker]

The Hollywood Stock Exchange finally goes into effect. Created by top investment firm Cantor Fitzgerald, it allows people to invest in movie futures like Iron Man 2 or Toy Story 3. More interesting to play than your everyday NASDAQ or TSX. Next to come, music. Investing whether an upcoming song will be a hit or not.

Good way to get additional funding for the film industry. The creativity of Wall Street keeps on finding ways to make money.

 

[mobile1]

I think that due to the soverign debt crisis, and OPEC regulating oil prices this year, TD Energy and TD Resources which is managed by Ari Levy will not perform well this year, and will lag. In fact, I would not be surprised if it loses money this year, and mid January might have been the top. I think yesterday was the day to have sold the mutual fund, and with the TSX at over 12000, it is definately overbought, and I fully expect a 5 to 10% correction, and it will retest Feb 08 lows. I would short the euro and long USD today after oil prices surged over 2.00 with Light Crude going over 82.00 a barrel. You know that will mean sell, as oil has been trading in a tight band and it is high on Monday's close. I would sell as soon as the dividends come in and sit on your hands and see what will happen and watch the market correct, and reenter after for another rally.

 

[InTheBum]

Mobile1, overall I agree with your guesstimations...however, I am not a trader and I sure as hell don't put my available money into Mutual Fund accounts. If I want quick diversification, I buy ETFs...since I dont want to pay the high MER associated with Mutual funds....that being said, I do hold 5 TD mutual funds, that are all down and I refuse to sell at a loss...thankfully they only equal about 15% of my investments.

I am currently 50% in cash...

 

[storm rider]

The Hollywood Stock Exchange finally goes into effect. Created by top investment firm Cantor Fitzgerald, it allows people to invest in movie futures like Iron Man 2 or Toy Story 3. More interesting to play than your everyday NASDAQ or TSX. Next to come, music. Investing whether an upcoming song will be a hit or not.

Good way to get additional funding for the film industry. The creativity of Wall Street keeps on finding ways to make money.

The idea of investing in movies is a new spin on things and I think it could be a profitable one......imagine if you had got in on the ground floor for Avatar......personally I would not even think of investing in the music business though due to the advancement of P2P file sharing....a lot of people are downloading music now or even going to the library to get CD's and rip them....hell you can even skim the cream of a buddy's music collection on his computer with a portable flash drive when you stop by for a visit.The music industry changed a great deal when the internet age came to be.....and it would be a risky move to invest in IMO.

SR

 

[mobile1]

I think it is time to short Goldman Sachs as the SEC has come down hard. Perhaps shorting the Dow Jones Industrial Average or going bearish on crude oil would be a good bet. The volcano eruption grounding airlines will mean shorting the airlines is a good idea also.

 

[Big Dog Striker]

I think it is time to short Goldman Sachs as the SEC has come down hard. Perhaps shorting the Dow Jones Industrial Average or going bearish on crude oil would be a good bet. The volcano eruption grounding airlines will mean shorting the airlines is a good idea also.

The only concern with shorting airline shares is that its already being done for years. Everyone knows the financial state of most airlines and the direction of the industry. Only a few listed airlines are not in the red like Westjet and Southwest. Liquidity would be the problem if someone decides to short it ( SELL ) then there might be a scarce number of investors willing to BUY it in the future. Either the person who shorted it would end up making margin calls or would have to liquidate at a loss.

With regards to Goldman Sachs and the SEC, all i can say is that there is a very important financial legislation bill in the US that needs to pass and I think it will now. What coincidences as of late, you have Ashley Dupre coming out in Playboy same time as Spitzer's book and docu film comes out. Spitzer's ratings have been increasing as of late, some powerful people just wants to make sure Wall Street's most feared financial watchdog never makes it back. Toyota got it from the blindside months back now its Goldman's turn in this coincidental world.

In the currency market, the YEN would be a nice one to short. Japan's debt is over 20x of its GDP.

 

[tru]

What are you guys doing now??? the markets got me all confused!!!! I dont know if and when i should sell or hold!!!!

 

[storm rider]

What are you guys doing now??? the markets got me all confused!!!! I dont know if and when i should sell or hold!!!!

I am wishing I had sold Grand Cache Coal when it topped at $8.50 a share and bought back into the market now.....it is seriously oversold right now and people are panicking.I am going to hold tight till I get my target price...I will say that Canadian Quantum Energy is under $1 a share and from press releases the latest well has had the drilling completed and the company expects the "fracturing" done and complete by the end of June...if this well does as well as the last you can expect an instant 1 day gain of 30-50%

 

[sonoman]

the markets got me all confused!!!! I dont know if and when i should sell or hold!!!!

Hold dammit!!

Confused? Precious metals are still the safest hedge; that gold continues to rise says as much.

 

[InTheBum]

I'm still ruminating on how to play the energy (oil) sector

The BP spill in the Gulf is going to inevitably result in much more regulation of the oil industry and also result in less exploration being permitted.

However, people still will drive their cars, truckers still have to take goods where they are going. Therefore, if the supply is limited, the fuel prices will go up.

If a company can charge more for it's product without the expense of exploring for and producing that product, that company should be making a larger profit.

I am planning on buying XEG on the TSX for my oil play...it's an ETF so less variance than holding one, two, or three oil stocks

 

[oh3421]

Hold dammit!!

Confused? Precious metals are still the safest hedge; that gold continues to rise says as much.

I am holding .... holding.... HOLDING...AHHHH TOO LATE lol
The more attractive my investment,,, they shorter the holding period haha

 

[lenny]

I am wishing I had sold Grand Cache Coal when it topped at $8.50 a share and bought back into the market now.....it is seriously oversold right now and people are panicking.I am going to hold tight till I get my target price...I will say that Canadian Quantum Energy is under $1 a share and from press releases the latest well has had the drilling completed and the company expects the "fracturing" done and complete by the end of June...if this well does as well as the last you can expect an instant 1 day gain of 30-50%

Put it all on the Celtics tonight for an "instant 1 day gain" of 100%.

 

[lenny]

What are you guys doing now??? the markets got me all confused!!!! I dont know if and when i should sell or hold!!!!

With Canadian banks you can now buy stock funds that have no downside,
guarantee a minimum interest comparable to a savings account, plus give
you also up to 6% upside if the market does well. All tax free.

Another alternative is the one that pays you back $500 per month on a
100K investment over 15 years, thereby guaranteeing 99% of the initial
investment. If the market does well it's all gravy.

If the market crashes, it's the end of the world, so we're all dead anyway.

 

[Big Dog Striker]

BP has enough assets to cover the estimated $ 28 Billion in damages resulting from the unfortunate Oil Spill. Also, with the said oil spill, one of the best commodities to play is still OIL, its already nearing $ 100 per barrel in the December futures market.

 

[Big Dog Striker]

BP Stock

The most attractive energy stock to buy, based on valuation, is BP.

The Crown Prince of Abu Dhabi who heads the Sheikhdom's $ 500 Billion Sovereign Fund seems to be coming to BP's rescue by increasing its stake in the oil company. Plus, the relief cap will be ready by August. Looks like the short position has already been reversed as with the Euro Currency which is on its way back to 1.30. The successful Bond Auction a few weeks ago for Spain was a good sign. Let's see if Goldman Sachs buys back its shares in the near term.

 

[FunSugarDaddy]

BP has enough assets to cover the estimated $ 28 Billion in damages resulting from the unfortunate Oil Spill. Also, with the said oil spill, one of the best commodities to play is still OIL, its already nearing $ 100 per barrel in the December futures market.

I dont think that's even close to enough. You can't begin to imagine the economic damage this has caused. I'm a case in point, as I own a condo in Florida right on the Gulf of Mexico and not only are rentals down, but everyone who enquires about it is expecting a great deal, because of the possibility of oil hitting the beach. This has already happened in Pensacola, and other places. So each condo owner, each property manager will have a legit claim of loss of revenue, as it's easy to prove because prior years revenues are readily available. Now add, restaurants, stores, go cart tracks you name it to the list of those who have been adversely affected by the spill and 28B is a drop in the bucket.

The shrimp industry alone is gonna have a massive claim for a good 10-20 years.

 

[storm rider]

Today I sold moy shares in Enbridge...I bought in at $42 a little over 2 years ago so I got the benefit of getting paid dividends for 9 quarters and I sold at $51....so I made an $1800 profit + the dividends....I will either keep the proceeds from the shares in cash for a buying opportunity when the next panic hits the market....as in a major 1 day correction due to panic induced selling like when the federal government announced the tax on income trusts (anyone who sold that day was a sucker) or I will pour it in Knightsbridge tankers as they just aquired another double hulled ship and the expectation is that their dividend will go up...200 shares of Enbridge @ 37 cents per quarter dividend VS 500 shares of Knightsbridge at 40-60 cents per quarter dividend is a nor brainer.

I just need Grand Cache to hit target as well as Canadian Quantum and I will be happily reaping some tax free profits.


SR

 

[snif]

I dont got mucha a education and never good wit math,
so i just buy things for 1 dollar and sell then for 3 dollars.
3% is good enough for me.

 

[TenderLover]

Today I sold moy shares in Enbridge...I bought in at $42 a little over 2 years ago so I got the benefit of getting paid dividends for 9 quarters and I sold at $51....so I made an $1800 profit + the dividends....I will either keep the proceeds from the shares in cash for a buying opportunity when the next panic hits the market....as in a major 1 day correction due to panic induced selling like when the federal government announced the tax on income trusts (anyone who sold that day was a sucker) or I will pour it in Knightsbridge tankers as they just aquired another double hulled ship and the expectation is that their dividend will go up...200 shares of Enbridge @ 37 cents per quarter dividend VS 500 shares of Knightsbridge at 40-60 cents per quarter dividend is a nor brainer.

I just need Grand Cache to hit target as well as Canadian Quantum and I will be happily reaping some tax free profits.
SR

Good work Storm Rider. you will never go broke by taking profits. I was thinking of selling my TRP even thou I love collecting dividend but I'm sceptical on the market.

 

[TenderLover]

Thanks guys I am finding this thread to be quite informative for me. As I am a saver not a spender. I have RSP's and that would be it .
Honestly have no idea what it means, ( retirement savings plan I know that much) but find some years I am ahead and some years they basically stay the same.
I do not undrstand the investing and would like to gain and invest wisely.
All I do is put money into my RSP account twice a month and hope it goes somewhere financially. Have been told the tax free savings plan is the way to go. Any thoughts on that or experience?
Any tips on investing wisely I would love to here about it.
Thanks

my advice to you is that you have to take charge of your own money because nobody cares more about your money then you do and just handing over your money to someone else twice a month just doesn't cut it.