Financial turmoil - how to make money out of it?
Discussion
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 (
); what if they wanted to do something more adventurous? There must be opportunities around - what are they?
Oli.
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 (
); what if they wanted to do something more adventurous? There must be opportunities around - what are they? Oli.
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 (); 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.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 (
); what if they wanted to do something more adventurous? There must be opportunities around - what are they? Oli.
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. HmmmOk then, but just one thing, how do i tell its 'low' or 'high' ?
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.
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.Loads of research tools, excellent charting
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...
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. 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
Is this going to be bigger than that Anal Bead Farm we invested in last year?
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.
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.
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.
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.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. HmmmOk then, but just one thing, how do i tell its 'low' or 'high' ?
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.
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.Gassing Station | The Pie & Piston Archive | Top of Page | What's New | My Stuff