Get in The Game

[paramount]

One way to play the game: Right now investors are in US dollars because relative to other currencies it is still safe.

However, as other economies improve (Europe, Brazil, China) there will be an outflow out of US $$ into euros and other currencies – probably by the end of 2009.

This will start the hyperinflation period so many are talking about.

Here is the play: Starting in the 2nd half of 2009, start buying gold or gold stocks (GG)and foreign stocks.

Well, that’s according to Jim Jubak of MSN Money.

[XBoxBoy]

[quote=4plexowner]My current strategy is to stay the hell out of Wall Street’s games and protect my assets – in 2008 that strategy kept me from losing 40-50% in equities while both of my gold coins increased in value by 5%[/quote]

4plexowner – that’s what I did too, and it seems to have worked out pretty well. So, I suggest staying with what’s working. Everyone I know who has played wall street’s games ultimately gets burned. Better to just not be in that game.

One thing I believe is to question what people tell you, particularly thoughts that become conventional wisdom. Seems most people believe that if they have some savings, they should be able to invest and make lots of money all with low risk. Well, I’d question that! How is that possible?

It seems to me it would only be possible if there were more low risk investments that provided great returns then there was available capital to service those investments. But it seems abundantly clear to me that there is far more capital than low risk investments with good returns. Given that simple supply and demand equation, the only way I think that you can move away from a very modest return is to take on more risk. Lots more risk in most cases. And it seems to me that wall street’s biggest game is to sell products with lots of risk as low risk great investments. And indeed that seems to be what happened in recent years that lead to lots of people seeing their portfolios getting clobbered.

Thus, for me it’s much more important to protect my assets than to risk them for a better return. I may not have the excitement of a trade that doubles in value, but I also don’t have all the losses either.

XBoxBoy

[XBoxBoy]

[quote=4plexowner]My current strategy is to stay the hell out of Wall Street’s games and protect my assets – in 2008 that strategy kept me from losing 40-50% in equities while both of my gold coins increased in value by 5%[/quote]

4plexowner – that’s what I did too, and it seems to have worked out pretty well. So, I suggest staying with what’s working. Everyone I know who has played wall street’s games ultimately gets burned. Better to just not be in that game.

One thing I believe is to question what people tell you, particularly thoughts that become conventional wisdom. Seems most people believe that if they have some savings, they should be able to invest and make lots of money all with low risk. Well, I’d question that! How is that possible?

It seems to me it would only be possible if there were more low risk investments that provided great returns then there was available capital to service those investments. But it seems abundantly clear to me that there is far more capital than low risk investments with good returns. Given that simple supply and demand equation, the only way I think that you can move away from a very modest return is to take on more risk. Lots more risk in most cases. And it seems to me that wall street’s biggest game is to sell products with lots of risk as low risk great investments. And indeed that seems to be what happened in recent years that lead to lots of people seeing their portfolios getting clobbered.

Thus, for me it’s much more important to protect my assets than to risk them for a better return. I may not have the excitement of a trade that doubles in value, but I also don’t have all the losses either.

XBoxBoy

[XBoxBoy]

[quote=4plexowner]My current strategy is to stay the hell out of Wall Street’s games and protect my assets – in 2008 that strategy kept me from losing 40-50% in equities while both of my gold coins increased in value by 5%[/quote]

4plexowner – that’s what I did too, and it seems to have worked out pretty well. So, I suggest staying with what’s working. Everyone I know who has played wall street’s games ultimately gets burned. Better to just not be in that game.

One thing I believe is to question what people tell you, particularly thoughts that become conventional wisdom. Seems most people believe that if they have some savings, they should be able to invest and make lots of money all with low risk. Well, I’d question that! How is that possible?

It seems to me it would only be possible if there were more low risk investments that provided great returns then there was available capital to service those investments. But it seems abundantly clear to me that there is far more capital than low risk investments with good returns. Given that simple supply and demand equation, the only way I think that you can move away from a very modest return is to take on more risk. Lots more risk in most cases. And it seems to me that wall street’s biggest game is to sell products with lots of risk as low risk great investments. And indeed that seems to be what happened in recent years that lead to lots of people seeing their portfolios getting clobbered.

Thus, for me it’s much more important to protect my assets than to risk them for a better return. I may not have the excitement of a trade that doubles in value, but I also don’t have all the losses either.

XBoxBoy

[XBoxBoy]

[quote=4plexowner]My current strategy is to stay the hell out of Wall Street’s games and protect my assets – in 2008 that strategy kept me from losing 40-50% in equities while both of my gold coins increased in value by 5%[/quote]

4plexowner – that’s what I did too, and it seems to have worked out pretty well. So, I suggest staying with what’s working. Everyone I know who has played wall street’s games ultimately gets burned. Better to just not be in that game.

One thing I believe is to question what people tell you, particularly thoughts that become conventional wisdom. Seems most people believe that if they have some savings, they should be able to invest and make lots of money all with low risk. Well, I’d question that! How is that possible?

It seems to me it would only be possible if there were more low risk investments that provided great returns then there was available capital to service those investments. But it seems abundantly clear to me that there is far more capital than low risk investments with good returns. Given that simple supply and demand equation, the only way I think that you can move away from a very modest return is to take on more risk. Lots more risk in most cases. And it seems to me that wall street’s biggest game is to sell products with lots of risk as low risk great investments. And indeed that seems to be what happened in recent years that lead to lots of people seeing their portfolios getting clobbered.

Thus, for me it’s much more important to protect my assets than to risk them for a better return. I may not have the excitement of a trade that doubles in value, but I also don’t have all the losses either.

XBoxBoy

[XBoxBoy]

[quote=4plexowner]My current strategy is to stay the hell out of Wall Street’s games and protect my assets – in 2008 that strategy kept me from losing 40-50% in equities while both of my gold coins increased in value by 5%[/quote]

4plexowner – that’s what I did too, and it seems to have worked out pretty well. So, I suggest staying with what’s working. Everyone I know who has played wall street’s games ultimately gets burned. Better to just not be in that game.

One thing I believe is to question what people tell you, particularly thoughts that become conventional wisdom. Seems most people believe that if they have some savings, they should be able to invest and make lots of money all with low risk. Well, I’d question that! How is that possible?

It seems to me it would only be possible if there were more low risk investments that provided great returns then there was available capital to service those investments. But it seems abundantly clear to me that there is far more capital than low risk investments with good returns. Given that simple supply and demand equation, the only way I think that you can move away from a very modest return is to take on more risk. Lots more risk in most cases. And it seems to me that wall street’s biggest game is to sell products with lots of risk as low risk great investments. And indeed that seems to be what happened in recent years that lead to lots of people seeing their portfolios getting clobbered.

Thus, for me it’s much more important to protect my assets than to risk them for a better return. I may not have the excitement of a trade that doubles in value, but I also don’t have all the losses either.

XBoxBoy

[jficquette]

[quote=paramount]One way to play the game: Right now investors are in US dollars because relative to other currencies it is still safe.

However, as other economies improve (Europe, Brazil, China) there will be an outflow out of US $$ into euros and other currencies – probably by the end of 2009.

This will start the hyperinflation period so many are talking about.

Here is the play: Starting in the 2nd half of 2009, start buying gold or gold stocks (GG)and foreign stocks.

Well, that’s according to Jim Jubak of MSN Money.[/quote]

The other economies will be hurt worst then ours.

In, Europe’s case, because they were basket cases to begin with and in China’s case because they will discover that all that trade they had with their Asian neighbors was based on one big supply chain leading to the US.

Europe’s Euro has a bleak future simply because they EU never ratified the EU treaty. Sooner or later they will go back to Marks, Pound.

China’s currency doesn’t even float. Its not even a real currency.

John

[jficquette]

[quote=paramount]One way to play the game: Right now investors are in US dollars because relative to other currencies it is still safe.

However, as other economies improve (Europe, Brazil, China) there will be an outflow out of US $$ into euros and other currencies – probably by the end of 2009.

This will start the hyperinflation period so many are talking about.

Here is the play: Starting in the 2nd half of 2009, start buying gold or gold stocks (GG)and foreign stocks.

Well, that’s according to Jim Jubak of MSN Money.[/quote]

The other economies will be hurt worst then ours.

In, Europe’s case, because they were basket cases to begin with and in China’s case because they will discover that all that trade they had with their Asian neighbors was based on one big supply chain leading to the US.

Europe’s Euro has a bleak future simply because they EU never ratified the EU treaty. Sooner or later they will go back to Marks, Pound.

China’s currency doesn’t even float. Its not even a real currency.

John

[jficquette]

[quote=paramount]One way to play the game: Right now investors are in US dollars because relative to other currencies it is still safe.

However, as other economies improve (Europe, Brazil, China) there will be an outflow out of US $$ into euros and other currencies – probably by the end of 2009.

This will start the hyperinflation period so many are talking about.

Here is the play: Starting in the 2nd half of 2009, start buying gold or gold stocks (GG)and foreign stocks.

Well, that’s according to Jim Jubak of MSN Money.[/quote]

The other economies will be hurt worst then ours.

In, Europe’s case, because they were basket cases to begin with and in China’s case because they will discover that all that trade they had with their Asian neighbors was based on one big supply chain leading to the US.

Europe’s Euro has a bleak future simply because they EU never ratified the EU treaty. Sooner or later they will go back to Marks, Pound.

China’s currency doesn’t even float. Its not even a real currency.

John

[jficquette]

[quote=paramount]One way to play the game: Right now investors are in US dollars because relative to other currencies it is still safe.

However, as other economies improve (Europe, Brazil, China) there will be an outflow out of US $$ into euros and other currencies – probably by the end of 2009.

This will start the hyperinflation period so many are talking about.

Here is the play: Starting in the 2nd half of 2009, start buying gold or gold stocks (GG)and foreign stocks.

Well, that’s according to Jim Jubak of MSN Money.[/quote]

The other economies will be hurt worst then ours.

In, Europe’s case, because they were basket cases to begin with and in China’s case because they will discover that all that trade they had with their Asian neighbors was based on one big supply chain leading to the US.

Europe’s Euro has a bleak future simply because they EU never ratified the EU treaty. Sooner or later they will go back to Marks, Pound.

China’s currency doesn’t even float. Its not even a real currency.

John

[jficquette]

[quote=paramount]One way to play the game: Right now investors are in US dollars because relative to other currencies it is still safe.

However, as other economies improve (Europe, Brazil, China) there will be an outflow out of US $$ into euros and other currencies – probably by the end of 2009.

This will start the hyperinflation period so many are talking about.

Here is the play: Starting in the 2nd half of 2009, start buying gold or gold stocks (GG)and foreign stocks.

Well, that’s according to Jim Jubak of MSN Money.[/quote]

The other economies will be hurt worst then ours.

In, Europe’s case, because they were basket cases to begin with and in China’s case because they will discover that all that trade they had with their Asian neighbors was based on one big supply chain leading to the US.

Europe’s Euro has a bleak future simply because they EU never ratified the EU treaty. Sooner or later they will go back to Marks, Pound.

China’s currency doesn’t even float. Its not even a real currency.

John

[peterb]

Hang on to your US$. As many of you may have noticed, they’re getting harder to get lately. The govt’s going to have to spend at least $20T to hurt the US$. So it probably is going to get stronger in the next year or two. And history tells us this as well. The stock markets are still way over priced at this time. We’re one year into a recession and already equaling an unemployment level of the worst year in the 1990’s recession. Most other countries sell to the US, so they’re going to hurt more than us. If gold holds about $700, gold miners should turn out to be very profitable companies. Many have risen close to 50% in the last 3 weeks.

[peterb]

Hang on to your US$. As many of you may have noticed, they’re getting harder to get lately. The govt’s going to have to spend at least $20T to hurt the US$. So it probably is going to get stronger in the next year or two. And history tells us this as well. The stock markets are still way over priced at this time. We’re one year into a recession and already equaling an unemployment level of the worst year in the 1990’s recession. Most other countries sell to the US, so they’re going to hurt more than us. If gold holds about $700, gold miners should turn out to be very profitable companies. Many have risen close to 50% in the last 3 weeks.

[peterb]

Hang on to your US$. As many of you may have noticed, they’re getting harder to get lately. The govt’s going to have to spend at least $20T to hurt the US$. So it probably is going to get stronger in the next year or two. And history tells us this as well. The stock markets are still way over priced at this time. We’re one year into a recession and already equaling an unemployment level of the worst year in the 1990’s recession. Most other countries sell to the US, so they’re going to hurt more than us. If gold holds about $700, gold miners should turn out to be very profitable companies. Many have risen close to 50% in the last 3 weeks.

[peterb]

Hang on to your US$. As many of you may have noticed, they’re getting harder to get lately. The govt’s going to have to spend at least $20T to hurt the US$. So it probably is going to get stronger in the next year or two. And history tells us this as well. The stock markets are still way over priced at this time. We’re one year into a recession and already equaling an unemployment level of the worst year in the 1990’s recession. Most other countries sell to the US, so they’re going to hurt more than us. If gold holds about $700, gold miners should turn out to be very profitable companies. Many have risen close to 50% in the last 3 weeks.

[Author]

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