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-   -   For people interested in Gold (V: hint, hint) (http://www.sowpub.com/forum/showthread.php?t=3389)

Boyd Stone March 3, 2003 03:40 PM

For people interested in Gold (V: hint, hint)
 
Hi,

Link is below ...

Best,

- Boyd


http://www.miami.com/mld/miamiherald...ss/5290493.htm

Boyd Stone March 4, 2003 08:23 AM

G and D from Mr. B (V, you readin this?)
 
Hi,

As usual, link is below ...

(P.S., to anyone who likes the stuff I post, I welcome and appreciate feedback.)

Best,

- Boyd


G and D from Mr. B

Michael Ross (Aust, Qld) March 4, 2003 03:20 PM

kcabdeef
 
Boyd:

I read the links you post.

Any chance you could add a teaser paragraph to your posts. Otherwise it's kinda like a lucky-dip - click and wait for it to load up to find out what I clicked through to read. :o)

BTW... who or what is V - V: V, - I don't get it.

Now excuse me while I go look up what a derivative is...

Michael Ross

Boyd Stone March 4, 2003 05:16 PM

The teaser para is a good idea--I'll do it [DNO]
 
dno
> Boyd:

> I read the links you post.

> Any chance you could add a teaser paragraph
> to your posts. Otherwise it's kinda like a
> lucky-dip - click and wait for it to load up
> to find out what I clicked through to read.
> :o)

> BTW... who or what is V - V: V, - I don't
> get it.

> Now excuse me while I go look up what a
> derivative is...

> Michael Ross

Dien Rice March 6, 2003 09:10 AM

How you can escape the coming Depression
 
Boyd!

Thanks for posting that link.... Anything from wise man Buffett is good to read.... :)

By the way, there are also a lot of good articles about him in the latest edition of Fortune magazine.... (Link below.)

I've recently been reading more from Harry S. Dent. I picked up a copy of his book, "The Roaring 2000s Investor" just a few days ago.

He predicts a coming depression in the USA.... But not all hope is lost. At the same time, a few Asian economies should be doing well.... He names South Korea, Hong Kong, Singapore, and a few others. (This was before the current North Korea crisis though - that could affect the fortunes of South Korea.)

Outside of Asia, Spain could do well too. This is all based on demographics....

So, if you're willing to be a global investor, it gives you hope! Although I wouldn't want my money in the US market after around 2008 (or probably even earlier), it may be a good time to start educating yourself about investment in some of these other countries....

Anyhow, that's one thing I plan to do. (Will add it to the "To Do" list!)

- Dien Rice


Click here, then go to the "Special" on Warren Buffett

Boyd Stone March 6, 2003 02:52 PM

Thanks Dien + Check this out
 
Hi,

Thanks for that info, Dien.

Bad crud is coming. Today I read an article that I'll quote some text from and then post a link to.

-Boyd

[quote begins below]

At the moment, North Korea is striving to create a crisis that will force us into another round of negotiations. Their recent interception of our reconnaissance aircraft is part of that plan. The critical moment will probably come shortly after we enter Iraq. At that point, when our military is least able to handle war on the Korean peninsula, the North Koreans will begin to reprocess spent fuel rods at the Yongbyon nuclear reactor into weapons-grade plutonium. The plutonium will then be removed from Yongbyon, secured against the gaze of spy satellites or future inspectors, and used to produce nuclear bombs. More ominously, the plutonium, and/or finished bombs, will then be sold to al Qaeda, and to regimes like Iran, Syria, and Libya. This will force us into a choice between 1) losing the war on terror through inaction; 2) an attempt to impose-ineffective — sanctions; 3) negotiations with a government of proven liars; 4) a terrible war.


Click here to read more

Michael Ross (Aust, Qld) March 6, 2003 06:25 PM

Neanderthal Investing
 
Neanderthal man remained unchanged for around 500,000 years. Same huntung method. Unable to predict or recognise seasonal patterns.

If the food he was hunting ran out, he moved to another place where that food could be found. He did this instead of figuring out a way to hunt the available food.

I liken this to investing in the stockmrket in other countries.

Instead of learning other investing methods, you stick with what you know - buy and hold stocks - and try and find those stocks in other countries.

It would make more sense to learn a variety of investing methods. That way, if the stocks go down, instead of trying to find stocks to buy elsewhere, you change your investment mode.

Warren Buffet doesn't just buy stocks... sometimes he buys whole companies not listed on the stock exchange.

So while Buffet Wanabees seem to concentrate on and only buy stock, the man himself buys stock AND unlisted companies.

Granted, the stock he buys belong to Companies. And the stock is just the "market value" of the company. But still.

Also... wouldn't it make sense to buy when the market goes down down down? Wouldn't there be a lot of bargains to be had?

Michael Ross

Dien Rice March 6, 2003 06:42 PM

Advice from the Neanderthal Man
 
Hi Michael,

You may be right. There are many ways to profit, even if stocks are going down....

Some react by buying gold. Others will look to buying property. Others may buy bonds. And others will short-sell.

I'm no expert on these other things, though....

It's perfectly legitimate to move your investment activities to elsewhere when things dry up somewhere else.

It's like business. If people don't want to buy your gizmos in Lapland, sell them in Siberia. (Well, you know what I mean.)

There's a 1980s band I kind of like, their name is "Swing Out Sister". They had a big hit in the late 1980s with a very upbeat song - "Breakout". Recently, I decided to look them up online - are they still around?

I got a shock. They are originally from the UK, but NONE OF THEIR RECENT ALBUMS ARE AVAILABLE IN THE UK (or in the USA or Australia for that matter). Guess where they are available?

Japan! Swing Out Sister are VERY BIG in Japan!

What they found was that, their sales in the UK and elsewhere dried up. But in Japan - their fortunes got higher.

Nowadays, Swing Out Sister focus on the Japanese market - and do very well there. Even though they are a British pop group, and all their songs are in English!

Of course, they could have stayed in the UK. They could have stopped the pop music game, and gone into a different business. Perfectly legitimate. But sometimes, if you've mastered one thing, it's good to stick to what you're good at (and what you enjoy).

Of course, investing in other countries doesn't mean you CAN'T do all these other things - short selling, buying gold, property, etc.

Thanks, though - you made a good point. :)

Dien Rice
(there's a Neanderthal Man in here struggling to get out!)

> Neanderthal man remained unchanged for
> around 500,000 years. Same huntung method.
> Unable to predict or recognise seasonal
> patterns.

> If the food he was hunting ran out, he moved
> to another place where that food could be
> found. He did this instead of figuring out a
> way to hunt the available food.

> I liken this to investing in the stockmrket
> in other countries.

> Instead of learning other investing methods,
> you stick with what you know - buy and hold
> stocks - and try and find those stocks in
> other countries.

> It would make more sense to learn a variety
> of investing methods. That way, if the
> stocks go down, instead of trying to find
> stocks to buy elsewhere, you change your
> investment mode.

> Warren Buffet doesn't just buy stocks...
> sometimes he buys whole companies not listed
> on the stock exchange.

> So while Buffet Wanabees seem to concentrate
> on and only buy stock, the man himself buys
> stock AND unlisted companies.

> Granted, the stock he buys belong to
> Companies. And the stock is just the
> "market value" of the company. But
> still.

> Also... wouldn't it make sense to buy when
> the market goes down down down? Wouldn't
> there be a lot of bargains to be had?

> Michael Ross

Dien Rice March 6, 2003 06:58 PM

Thanks Boyd - we live in dangerous times... (DNO)
 

Michael Ross (Aust, Qld) March 6, 2003 07:09 PM

Ug. Huh. Grunt.
 
Air Supply are also BIG in Japan and some other Asian nations.

I understand the point you are making, using Swing Out Sister as an example.

But you're talking about SELLING.

INVESTING in stocks is not selling.

Trying to find under valued stocks is not playing a monotonous-sounding musical piece on the radio.

And it appears that no matter what the economy is doing, there are certain industries that always make money and survive.

Entertainment is one - even though sales may drop, they don't disappear entirely. Entertainers can still make a VERY good living.

Food. Shelter. These are items that MUST be bought. People NEED them.

People don't NEED to invest in the stock market.

Certain stockmarket investing "options" may be more "secure" during economic hardship - such as Gold which you mentioned. And if that is the case, then it would be a prudent thing to LEARN about these.

Instead of looking for another pond to fish in, why not learn the various methods you can use to catch the different fish in the pond you are already fishing in?

Because maybe, just maybe, you might not ever find your other pond. Or if you find it you discover you aren't allowed to fish in it.

I'm not saying to not look for the other places to invest. Just saying to Cover Your Downsides.

Michael Ross


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