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View Full Version : What is a Safe Investment these Days?


Rollingthunder
9th Oct 2008, 09:24
There seems to be a lot of gravitation to gold bullion but in a "buy low - sell high" sense - it's pretty high at the moment.

Supermarkets? People ALWAYS have to eat, good times or bad..

G-CPTN
9th Oct 2008, 09:28
Undertakers will never be out of business, even though it's a dying trade.

Mr Lexx
9th Oct 2008, 09:41
Sainsbury's was a pretty big loser yesterday (the biggest percentage wise at one point).

Gold seems to track inflation pretty well, so it is a pretty safe bet. Put it this way, it will never be worthless, unlike supposedly safe bank shares :8

Gnirren
9th Oct 2008, 09:42
Gold is high historically, but that doesn't mean it won't keep going up. Pretend currencies will fail, gold will prevail.

Track Coastal
9th Oct 2008, 10:08
One analyst today mentioned $2000+ Gold.

It is the traditional safe haven when crap paper currencies go bad.

After the Nixon shock the USD is just more confetti (prior IT WAS the standard and backed by Gold). Nixon Shock - Wikipedia, the free encyclopedia (http://en.wikipedia.org/wiki/Nixon_Shock)

Its only now unfolding just how deep the the shit is in the US. Buy anything backed by the greenback at your peril.

All things about the Yellow Metal Kitco - Gold Precious Metals - Buy Gold Sell Gold, Silver, Platinum - Charts, Graphs, Prices, Quotes, Gold Stocks, Mining Stocks, bullion dealers (http://www.kitco.com/)

The planners at Bretton Woods hoped to avoid a repeat of the debacle of the 1930s, when foreign exchange controls undermined the international payments system that was the basis for world trade. The "beggar thy neighbor" policies of 1930s governments—using currency devaluations to increase the competitiveness of a country's export products in order to reduce balance of payments deficits—worsened national deflationary (http://en.wikipedia.org/wiki/Deflation_(economics)) spirals, which resulted in plummeting national incomes (http://en.wikipedia.org/wiki/Income), shrinking demand (http://en.wikipedia.org/wiki/Demand), mass unemployment (http://en.wikipedia.org/wiki/Unemployment), and an overall decline in world trade (http://en.wikipedia.org/wiki/Trade). Trade in the 1930s became largely restricted to currency blocs (groups of nations that use an equivalent currency, such as the "Sterling Area (http://en.wikipedia.org/wiki/Sterling_Area)" of the British Empire (http://en.wikipedia.org/wiki/British_Empire)). These blocs retarded the international flow of capital and foreign investment opportunities. Although this strategy tended to increase government revenues in the short run, it dramatically worsened the situation in the medium and longer run.

Thus, for the international economy, planners at Bretton Woods all favored a liberal system, one that relied primarily on the market (http://en.wikipedia.org/wiki/Market_economy) with the minimum of barriers to the flow of private trade (http://en.wikipedia.org/wiki/Trade) and capital (http://en.wikipedia.org/wiki/Capital). Although they disagreed on the specific implementation of this liberal system, all agreed on an open system.


A previous Republican Fcukwit cancelled the 'umbrella of protection' of the Bretton Woods agreements.

The chickens are coming home to roost now.

Howard Hughes
9th Oct 2008, 10:11
Beer, it will always be satisfying even when you've done your dough on the stock market!:ok:

BAMRA wake up
9th Oct 2008, 10:11
Land, shooting rights, mineral rights.
Domestic or commercial wind turbines/wind farms with electricity sales to the grid.

CarltonBrowne the FO
9th Oct 2008, 10:15
Canned food and shotguns.

Parapunter
9th Oct 2008, 10:16
Was it Getty? - If you can see a bandwagon coming, you've missed it.

tony draper
9th Oct 2008, 10:23
Spend the buggah!that's my philosophy:)

dead_pan
9th Oct 2008, 10:37
Anything that you can kick (i.e. tangibles you can stock-pile in your garage - stay away from anything intangible for the foreseeable future) and barter.

I don't know about you lot but I'm getting a bit fed up having to contemplate the end of the world again this year, having fretted mildly about LHC, Russia in Georgia, Israel vs Iran etc. I was rather hoping to have a quiet (news-lite) end to the year.

DP

Scumbag O'Riley
9th Oct 2008, 10:44
One has converted a case of beer into a controlling interest in a local pile of horse shite. One will be tearing up the lawn and turning it into a vegetable plot, said horse manure will soon be pushing up some tasty scoff while everybody else is too poor for even Aldi. Thought it better do it now before people start to eat their horses and the supply drops off.

Howard Hughes
9th Oct 2008, 10:48
Mrs Hughes says not to worry, there will always be plentiful supplies of free bull shite in JB...;)

harrogate
9th Oct 2008, 10:53
Sainsbury's was a pretty big loser yesterday (the biggest percentage wise at one point).

Announced big profits and growth earlier in the week, though.

The markets are devoid of sense and reason at the moment.

Let the dust settle a bit before investing, I say. Nobody knows what anything's really worth. Or at least less so than they normally do.

TerminalTrotter
9th Oct 2008, 12:10
Sainsburys shares dropped because a major asset stripper had to sell 10% of them (at a huge loss) because he hadn't managed to force Sainburys to sell off their property (ie stores) before the banks called in the loans he took out to finance the steal. GO Sainsburys!

TT

W.R.A.I.T.H
9th Oct 2008, 13:19
If you had purchased $1,000 of shares in Delta Airlines one year ago, you will have $49.00 today. If you had purchased $1,000 of shares in AIG one year ago, you will have $33.00 today. If you had purchased $1,000 of shares in Lehman Brothers one year ago, you will have $0.00 today. But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for recycling refund, you will have received $214.00. Based on the above, the best current investment plan is to drink heavily & recycle.

It is called the 401-Keg.

.. there, Rollingthunder :)

anotherglassofwine
9th Oct 2008, 13:45
Gambling industry is pretty much recession proof...
A few shares in Paddy Power would be sweet ;)

onetrack
9th Oct 2008, 14:13
The sex industry is one investment area that is rarely known to have downturns. Turndowns, perhaps, but never downturns. Horizontal dancing has never lost its appeal - it continues to go on, night after night, day after day. Unfortunately, the industry is held in the same kind of regard, as investment banking is at present, so one must decide whether one wants to be regarded as being as immoral as an investment banker, if one is considering getting into the sex industry. ;)

Parapunter
9th Oct 2008, 14:16
Ah sex! You got it, you sell it, you still got it! The perfect business:eek:

airship
9th Oct 2008, 14:17
IMHO, advertising, marketing, government and media-hype generally have all conspired to ensure that the small investor is expected to more or less throw himself (and hard-earned savings) directly into the arms of mostly huge financial enterprises whose advisers are expected to be able to offer each client impartial advice tailored to your specific circumstances - yes, all 50 of you, every working day, or thereabouts...?! :rolleyes:

If you want a safe investment, then how about starting by simply ignoring what all those over-paid financial advisers working for faceless enterprises have to say, beginning with those in your local bank branch. They're not the ones who will be able to point you towards the next Microsoft where $10,000 will be worth $10 million a few years down the road.

You want safe? Then think smaller. And look for opportunities locally. There are always small entrepreneurs looking for capital. In often quite mundane areas of commerce and manufacturing. Try to maximise being a 'big fish in a small pond' - only invest where you know the people, the product/industry/market etc. And where you can invite yourself in to look over the CEO's shoulder whenever you feel so inclined.

Well, at least that's what I'm going to do if I win the EuroMillions jackpot of €29 million this Friday:

1) €5m on personal expenditures (land, new house etc.)
2) €2.5m on gifts to family and friends
3) €5m on my personal charitable trust/foundation (mostly cats - domestic and tigers, lions, cheetahs and leopards etc.)
4) €5m on my own ideas for a new business
5) €5m on buying listed shares in EDF, HSBC etc.
6) €5m on investments in local entrepreneurs
7) Which leaves €1.5m - hmmmm, that's just about what a Bugatti Veyron would set me back (including maintenance and running costs) for a few years, ugly certainly, but what the heck...?! :ok:

Havana
9th Oct 2008, 18:34
If you had purchased £1000 of Northern Rock shares one year ago it would now be worth £4.95,

with HBOS, earlier this week your £1000 would have been worth £16.50,

£1000 invested in XL Leisure would now be worth less than £5,

But if you bought £1000 worth of Tennents Lager one year ago, drank it all, then took the empty cans to an aluminium re-cycling plant, you would get £214. So based on the above statistics the best current investment advice is to drink heavily and re-cycle.

Roger Sofarover
9th Oct 2008, 20:23
My brother in laws brother started a cake making company company a few years back, and you may think how naff is that! The thing is he got the contract to make all the little cakes you see in small plastic wrappers in Starbucks - .... world wide!! He just sold the company for £32 Million:eek::eek:. Last week , i think it was Royal Bank of Scotland shares went down from £7.95 to 77P. He went and bought 500K worth of shares. Today they were trading at £1.84!! He made £ 700 K in 3 working days!! Whilst i am happy for him, i can not help thinking 'b*****d!!:ugh:

The more money you have the more money you make!! It is a very good time to buy shares if you have the money and more importantly the bollocks!

henry crun
9th Oct 2008, 21:55
There's an echo in here, can you hear it Havana ?