Thread: Investing Money
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05-09-2009, 11:16 AM #1
Investing Money
so.. I am sure someone out here has some investments. I am curious what someone would say to invest in. I am leaving this wide open.. Short term, long term. Say you have 5 grand. or 10 grand.
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05-09-2009, 11:19 AM #2
I'd like to invest in Tata motors myself. They're an Indian company that designed a car that costs $2,000. And there's a lot of people in India
But currently I have money in several companies, the one that consistantly does well is Exxon.
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05-09-2009, 11:47 AM #3
commodity trading oil & treasuries
Last edited by Keenstyle1; 10-06-2009 at 03:21 PM.
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05-11-2009, 11:26 PM #4
I'm expecting the Dow to dip to about 5000, then rise at the rate of inflation
which should hit the US pretty hard in a couple of years.
The Chinese are not at all happy with what the US is doing with its currency, and has been looking for ways to replace the US Dollar with something else as a world currency. The Iranians have been doing the same thing, only they are trying to get international oil traders to sell and buy oil on their bourse (marketplace). There's an awful lot of animosity built up against the USA, and the countries with lots of money to lend aren't going to want to lend it to Americans if the US gov't is going to devalue the dollar (which it will probably have to do).
Long term, invest in your own education. Aside from that, invest in the stuff you understand, stick with companies with very good management that have very good market opportunities and are undervalued (look for a low p/e ratio).
Read trade journals for the sort of businesses you invest in so you can get a feel for which companies and which products/services are favored by customers, government policies, and the fickle finger of fate.
Read the Wall Street Journal for a general sense of US markets.
Don't beleive most of what you read. Check and double-check independant news sources.
Don't buy any stocks you read about in the newspaper, because by the time they're in the paper, the smart money has already bought at the low price, and only the suckers buy at the late (higher) price.
Don't buy initial stock offerings.
Don't buy stocks from anyone who calls you on the phone saying, "I've got a great deal for you!"
Ya, basically, educate yourself, buy what you understand, and buy low and sell high.
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05-12-2009, 02:54 AM #5Banned
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05-12-2009, 07:34 AM #6
avoca resources asx
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