 |
|  |
 |
|
sprucemoose3311
|
 |
san jose, ca
Jun 2002 time: 21:36
|
|
DO research on the World bank, IMF, WTO, and G7...
also look up development communities.
their policies often have great effect on world markets.
for example, the G7 wants Chin to end its 8to1 pegging of the yuan to the us dollar. they feel that the chinese currency is undervalued. if they unpeg their yuan the value could rise to 5to1 or 6 to 1, then you would make money, for extra cash, invest in foriegn government bonds.
For example:
last february, the wto said they wanted a weaker us dollar to help trade deficits in the us, the euro was at1.05 to the us dollar. last december the euro was at 1.31 to the us dollar. in ten months you would have made 26 cents on the dollar.
imagine all those millionaires who work at these institutions...
|
|
|  |
 |
|
fdgfx
|
|
An interesting biotech company right now is Elan, who lost 80% of its market value in just 4 days because of drup development problems. Panic selling seems to be still going on. Any good news will probably give it a 40-50% boost. Makes for an interesting speculative target.
In general, biotech is the most overvalued and most speculative of all industries. Expectations are high and true breakthroughs rare. If investor/speculator expectations are not met, we are talking about drops of 50% or more in a few days.
I agree that currency speculation is risky, so buying Chinese assets is far better. Some good candidates are China Mobile (CHL), Huaneng Power (HNP, an utility company), Petrochina (PTR), and Shanda Interactive (SNDA, online gaming company). If you are really risk averse, maybe FXI (a tradable fund that includes 25 Chinese companies) is the way to go.
|
|
|  |
 |
|
Lawrence of Arabia
|
 |
of the Gulag Archipelago
Apr 2001 time: 06:36
|
|
for those big companies (oracle, cisco, nokia, and others) who were once at $50 + per share and are now down to the $10 - $20, would it be safe to assume that as the world economy and americas start to pick up, the stock prices will once again go back to those heights (in say 2 years+) ?
edit: wow elan had a huge dropoff. if i had the money now, i would invest in those guy
Last edited by Lawrence of Arabia on 05-03-2005 at 10:23
|
|
|  |
 |
|
fdgfx
|
|
quote: Originally posted by Lawrence of Arabia
is china mobile the chinese cell phone maker? or do they provide service (like deutche telekom?) |
It's big monopoly offering wireless services in China. It's difficult for cell phone makers to make money these days, too much competition.
|
|
|  |
 |
|
fdgfx
|
|
quote: Originally posted by Lawrence of Arabia
for those big companies (oracle, cisco, nokia, and others) who were once at $50 + per share and are now down to the $10 - $20, would it be safe to assume that as the world economy and americas start to pick up, the stock prices will once again go back to those heights (in say 2 years+) ? |
Just because a stock has dropped more than 50% from its peak is not a reason to buy. I would rather buy a stock that is making new highs all the time.
However, the ones you mentioned are still very decent companies and worth investing in. I especially like what Cisco is doing these days. I'm not sure about Oracle since I have no information on how its integration of Peoplesoft is proceeding. I have a personal grudge against Nokia since my two biggest losses (percentage wise) happened to be trading Nokia.
|
|
|  |
 |
|  |
 |
|
Pekka
|
 |
em seu burro dos pais!
Feb 2002 time: 07:36
|
|
I'm really interested about these options as well. I have made few threads about this in the past, and still have bookmarked some recommendations even though I have carefully examined them. Thanks to whoever posted the vanguard link earlier in my thread.
My problem is I don't have the capital now to be investing, but even though I won't be in a position to accumulate any real money soon (in few years) because I'm a full time student, and I'm struggling with the bills and food money anyway, but I'm thinking that I should make a move anyway, make some money somehow and put that aside and invest it safely and play a little. Learn the hoops in practice now, after going through lots of theory.
I have played this game, where I bought stocks etc, you know imaginary, and I've been following how they have been doing as if it was real, so I know how I would have done. Not too well, but I'm learning... slowly I admit, but still. Keep it coming, keep the good stuff rolling in.
|
|
|  |
 |
|
Lawrence of Arabia
|
 |
of the Gulag Archipelago
Apr 2001 time: 06:36
|
|
yeah, im estimating that i will have a $10 per hour + job next month (after taxes.) food, wash are negligible (theres a credit system at my school for food, included in fees), so if i work 16 hours a week, thats $160 bucks a week, $640 per month. invest $100 of that a week, $400 per month, $12 fee per month for registration, thats $412 for investment still leaves $228 for whatever. $100 a week investment is not a lot for a student in my situation.
i dont have a car , so theres minimal expenses for transportation, and i live on campus, so housing is not a problem.
|
|
|  |
 |
|
fdgfx
|
|
Doing paper tradings will never get you the gut-wrenching feeling when the market moves against you.
But I think you are doing the right thing here. Stock market is inherently a dangerous place that transfers wealth from the uninformed people to the informed.
|
|
|  |
 |
|
fdgfx
|
|
Whether trading or investing, use only the money you can afford to lose. If not, put it in a CD or inflation-index bond is the way to go.
|
|
|  |
 |
|
asleepathewheel
|
|
listening too long to one song
Mar 2002 time: 00:36
|
|
canned goods and ammunition
|
|
|  |
All times are GMT. The time now is 05:36. Apolyton Time is 00:36. |
top of page
|
|
|
Forum Rules:
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
|
HTML code is ON
vB code is ON
Smilies are ON
[IMG] code is ON
|
|
|
|
|
|