Financial turmoil - how to make money out of it?
Financial turmoil - how to make money out of it?
Author
Discussion

zcacogp

Original Poster:

11,239 posts

274 months

Monday 15th September 2008
quotequote all
Chaps,

OK, the financial markets are going to hell. Rapidly. In a none-too-padded handbasket. Bypassing all stations rapido until it arrives at it's final destination ....

A lot of people will feel a LOT of financial pain - from the longer-term malaise which has been with us for the last 18 months, and particularly from the very recent failures of LB, ML, AIG (to come) and so on.

Without wanting to make light of the pain that these people will feel, what advice would you give to people who have assets and are in a strong position to invest them? Some people will have ready cash, and lots of equity in their properties - what should they do with that ready cash? Is sticking it in a Building Society a good idea, on the basis that it's safe (rofl); what if they wanted to do something more adventurous? There must be opportunities around - what are they?


Oli.

odyssey2200

18,650 posts

239 months

Monday 15th September 2008
quotequote all
Assuming the stock markets etc will recover to their previous levels and values, the trick would be picking the lowest point at which to buy and waiting for the right time to sell.

Plenty of cheap, repossessed house around soon if you fancy property.

Olf

11,978 posts

248 months

Monday 15th September 2008
quotequote all
zcacogp said:
Chaps,

OK, the financial markets are going to hell. Rapidly. In a none-too-padded handbasket. Bypassing all stations rapido until it arrives at it's final destination ....

A lot of people will feel a LOT of financial pain - from the longer-term malaise which has been with us for the last 18 months, and particularly from the very recent failures of LB, ML, AIG (to come) and so on.

Without wanting to make light of the pain that these people will feel, what advice would you give to people who have assets and are in a strong position to invest them? Some people will have ready cash, and lots of equity in their properties - what should they do with that ready cash? Is sticking it in a Building Society a good idea, on the basis that it's safe (rofl); what if they wanted to do something more adventurous? There must be opportunities around - what are they?


Oli.
HBOS has got to be worth a punt at 25% down today. I reckon you could see a 15% gain within days.

Jasandjules

72,633 posts

259 months

Monday 15th September 2008
quotequote all
Buy low, sell high. My SFA exam was pretty much that.

andyquantum

13,204 posts

234 months

Monday 15th September 2008
quotequote all
Bog roll, buy lots of it. Or shares in it. There's a cleanup to be done

Swilly

9,699 posts

304 months

Monday 15th September 2008
quotequote all
Jasandjules said:
Buy low, sell high.
Really, is that all there is to it ? I imagined it would be a lot more complicated and involved than that. Hmmm

Ok then, but just one thing, how do i tell its 'low' or 'high' ? hehe

zcacogp

Original Poster:

11,239 posts

274 months

Monday 15th September 2008
quotequote all
Swilly said:
Jasandjules said:
Buy low, sell high.
Really, is that all there is to it ? I imagined it would be a lot more complicated and involved than that. Hmmm

Ok then, but just one thing, how do i tell its 'low' or 'high' ? hehe
... and which way is it going to go?


Oli.

MattNM3E36

5,449 posts

295 months

Monday 15th September 2008
quotequote all
Think BullBearings fantasy trading is a great way to learn before you stick real money in

Loads of research tools, excellent charting


g4ry13

21,878 posts

285 months

Monday 15th September 2008
quotequote all
Sell high, buy lower.

Civilian47

107 posts

223 months

Monday 15th September 2008
quotequote all
Pork bellies

Timmy35

13,014 posts

228 months

Monday 15th September 2008
quotequote all
Civilian47 said:
Pork bellies
Pork Bellies and Live Cattle futures are indeed holding up rather well in all of this.

Rod Rammage

2,557 posts

230 months

Monday 15th September 2008
quotequote all
Donkeys For Everyone?

Toilet Watcher?

Licensed Child Punchers?



These are just a few of my business ideas that you can invest in.

Happy to post up more details or you can PM me if you like.

Cheers

Rod
Rammage Innovations

Jasandjules

72,633 posts

259 months

Monday 15th September 2008
quotequote all
Swilly said:
Jasandjules said:
Buy low, sell high.
Really, is that all there is to it ? I imagined it would be a lot more complicated and involved than that. Hmmm

Ok then, but just one thing, how do i tell its 'low' or 'high' ? hehe
You need the following:

Reuters
Bloomberg
Equity Research information (if a Company called First Call is still running, they sell this information).

The Reuters and Bloomberg can give you past and possible future pricing, and the fundamental data, and the Equity research can explain whether the analysts think it's going up or down in the coming times. BUT they can be wrong.

You could buy a few Aim company stocks and just take a punt - read up on the company via the web and what they are doing etc..

Or, just wait for the housing market to drop sufficiently (or go buy a few repo's at auction) low to be viable, buy them, then rent and hold until the market recovers.



Justayellowbadge

37,057 posts

272 months

Monday 15th September 2008
quotequote all
MattNM3E36 said:
Think BullBearings fantasy trading is a great way to learn before you stick real money in

Loads of research tools, excellent charting
Dangerous though.

I've been pissing about with it today. Joined at 12.30ish.

Froma £100,000 stake, I've 'made' £72,420 profit since lunch.

Really wouldn't fancy trying it with real money though...

10 Pence Short

32,880 posts

247 months

Monday 15th September 2008
quotequote all
Rod Rammage said:
Donkeys For Everyone?

Toilet Watcher?

Licensed Child Punchers?



These are just a few of my business ideas that you can invest in.

Happy to post up more details or you can PM me if you like.

Cheers

Rod
Rammage Innovations
I'd quite like a prospectus on the Child Punching franchise please, Rod.

Is this going to be bigger than that Anal Bead Farm we invested in last year?

Chris71

21,549 posts

272 months

Monday 15th September 2008
quotequote all
It's possible (okay, likely) that I'm over simplifying this, but it seems the way to make money out of the recession is this:

Be in a position where you aren't greatly affected by the recession (i.e not living beyond your means on credit cards and a many-times-salary mortgage) buy something that is usually priced for people who are and then sell it when the markets recover.

This should work particularly well with cars - throw in a bit of fuel price/eco doom and gloom and anything flash and thirsty originally bought by someone called Jimahl on a finance agreement is now worth a pitance.

Thudd

3,100 posts

237 months

Monday 15th September 2008
quotequote all
10 Pence Short said:
Is this going to be bigger than that Anal Bead Farm we invested in last year?
I suspect that market was always going to be of limited size, for anatomical reasons.


Have you considered starting a bank? There seems to be less competition these days, and there are plenty of cheap staff available.

V8mate

45,899 posts

219 months

Monday 15th September 2008
quotequote all
Chris71 said:
This should work particularly well with cars - throw in a bit of fuel price/eco doom and gloom and anything flash and thirsty originally bought by someone called Jimahl on a finance agreement is now worth a pitance.
Car prices (of normal production stuff) won't ever go up. They may stop going down quite so rapidly, but they won't recover like the price of a house. There are always more cars available than buyers (they can even knock up a new one especially for you in 6 weeks) - the opposite being true of houses.

V8mate

45,899 posts

219 months

Monday 15th September 2008
quotequote all
Jasandjules said:
Swilly said:
Jasandjules said:
Buy low, sell high.
Really, is that all there is to it ? I imagined it would be a lot more complicated and involved than that. Hmmm

Ok then, but just one thing, how do i tell its 'low' or 'high' ? hehe
You need the following:

Reuters
Bloomberg
Equity Research information (if a Company called First Call is still running, they sell this information).

The Reuters and Bloomberg can give you past and possible future pricing, and the fundamental data, and the Equity research can explain whether the analysts think it's going up or down in the coming times. BUT they can be wrong.

You could buy a few Aim company stocks and just take a punt - read up on the company via the web and what they are doing etc..

Or, just wait for the housing market to drop sufficiently (or go buy a few repo's at auction) low to be viable, buy them, then rent and hold until the market recovers.
Or forget all that research and sweating over data and tables and try insider dealing smile

Chris71

21,549 posts

272 months

Monday 15th September 2008
quotequote all
V8mate said:
Chris71 said:
This should work particularly well with cars - throw in a bit of fuel price/eco doom and gloom and anything flash and thirsty originally bought by someone called Jimahl on a finance agreement is now worth a pitance.
Car prices (of normal production stuff) won't ever go up. They may stop going down quite so rapidly, but they won't recover like the price of a house. There are always more cars available than buyers (they can even knock up a new one especially for you in 6 weeks) - the opposite being true of houses.
Can't claim to be an expert, but I thought classic (and I mean big money classic - rare Bugattis, coach built Astons etc.) fluctuated substantially?