We're Back Baby....

[rareboy]

So, for the first time since Lehman Bros. went down in 2008, one of my portfolios has at long last broke above water again this week.

Having plunged about 22% at the lowest point in March 2009, it is almost like the sun coming out again.

So what new financial instrument of the devil can we all invest in this time?

 

[G-Lexington]

Penny stocks. All my co-workers invested their savings and retirement funds in penny stocks, and made a killing. Of course, once the market went south, they all ended up losing their shirts, and now they don't have savings or retirement funds. But hey - no risk, no reward, right?

I've got mine in a mildly conservative portfolio that somehow has yet to lose money during any quarter. Sure, some quarters I made a massive 0.3%, but still.

Lex

 

[unloadonme]

Gold. In times of uncertainty, buy gold.

 

[ChickenGuy]

It might have been better to have a non-stocks/shares savings account.

Don't know how it works in America, but here you can choose what ISA (Individual Savings Account) you want.

I always go for the cash ones, with fixed rates of interest.

It may not make much right now, but at least you're not lumbered with continual losses for years on end.

 

[Telstra]

properties i guess.

Are properties cheap over there ?

 

[Jayden]

The title of this thread makes me think its one of Mrs Patrick Campbells. So I must ask this question. Were the stocks in Size Meat or Tiny Meat? lol

 

[Jayden]

Well, I'm in the hole. My house went down in value. By A LOT.

I have to move out of mine.

 

[rareboy]

The stocks in this portfolio were giant meat.

Like GE, Pfizer, Altria etc. etc.

It proves that hugesizemeat can shrivel up to teenymeat in no time and need a long time before they regain their same splendour.

 

[Corny]

At the moment I have an offer for employee shares that I can't resist .. 50% substitution in a market that was close to rock bottom and is going up again at the moment ..

 

[Jayden]

That sucks man. Sorry.

And I don't trust the markets AT ALL right now. I'm in a saving mood.

Thank You Elvin.

 

[Joshua_me]

Coca Cola stock is like America's bank. It's always a good risk....

 

[G-Lexington]

Four words worry me about Coca-Cola - high fructose corn syrup. They gotta ditch that bitch or get their ass bitten.

Lex

 

[hotdog1846]

So what new financial instrument of the devil can we all invest in this time?

I want to say one word to you. Just one word. Are you listening?

Plastics.