PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 27th Jan 2009, 11:03
  #1740 (permalink)  
Wee Weasley Welshman
 
Join Date: Feb 2000
Location: England
Posts: 15,022
Received 208 Likes on 75 Posts
RBS - a share price that fell by 80%, then halved. I practically begged my dear old mum to sell all her Barclays shares at 350p as she's built them up as an employee all her working life... but she wouldn't listen - banks never collapse etc. etc.

If you want to invest then its only the mega-caps that makes any sense. Anything with a super reliable dividend and anything with exposure to major public infrastructure spending or which holds massive PFI contracts or provide swathes of public services such as Serco. I'd bet on the USA heading out of recession first and fastest and stay the hell away from the Eurozone for the next 18 months.

Pay off your debt. Conserve your money. Move somewhere safe.


WWW
Wee Weasley Welshman is offline