20k US$ to spare

**Bung** · 22-10-2008, 12:54 PM

If you had USD 20 000 just sitting in a bank doing nothing right now that you could spare what would you do with it? Apart from me giving it to you or spending it on (insert vice here).

**Spin** · 22-10-2008, 01:11 PM

If you have a five year timeframe, I would invest in commodity stocks which are trading at attractive levels now. Pretty easy to double that money within 3-4 years IMHO.

**JoGeAr** · 22-10-2008, 01:18 PM

20,000.00 USD

=

687,367.38 THB

How much is Heineken these days?

**El Gibbon** · 22-10-2008, 01:44 PM

IF, your not to risk averse putting some money into Thai Air wouldn't be too bad an idea. Gov't owned (49%) hence a pretty good banking partner. Another might be Siam Commercial when the banks hit bottom.

Picking a bottom is dangerous business but if your time frame is long enough we are approaching bottoms in both of those.

Otherwise look for Preferred Stock in large multi-nationals. With the credit market drying up you should be able to get yearly divvies of between 6 and 9 percent on top of any actual rise in stock price.

E. G.

**Khun Custard** · 22-10-2008, 01:58 PM

Pardon my optimistic enthusiasm for this matter....

Hide it under your pillow, buy a lotto ticket every week.
The worst is yet to come

You guest it - I've lost a packet

**Whiteshiva** · 22-10-2008, 02:00 PM

Originally Posted by Spin

If you have a five year timeframe, I would invest in commodity stocks which are trading at attractive levels now. Pretty easy to double that money within 3-4 years IMHO.

There you have it - lend it to Spin at an annual interest of 15-20% - you'd both be making a profit!

**keda** · 22-10-2008, 02:13 PM

Originally Posted by Spin

If you have a five year timeframe, I would invest in commodity stocks which are trading at attractive levels now. Pretty easy to double that money within 3-4 years IMHO.

Not a bad bet...too many good things out waiting to be picked up cheap.

**keda** · 22-10-2008, 02:15 PM

Originally Posted by El Gibbon

...Picking a bottom is dangerous business but if your time frame is long enough we are approaching bottoms in both of those....
E. G.

Don't try to catch it while it's falling, let the knife land.

bkkandrew · 22-10-2008, 03:11 PM

Keep it in the bank. Make it a safe one - HSBC for example.

The worst is yet to come.

**kingwilly** · 22-10-2008, 03:52 PM

Originally Posted by bkkandrew

Keep it in the bank. Make it a safe one - HSBC for example. The worst is yet to come.

agreed.

**Bung** · 22-10-2008, 04:16 PM

Originally Posted by bkkandrew

Keep it in the bank. Make it a safe one - HSBC for example.

thats exactly where it is (HSBC USA)....term deposit?

I've never done stocks but have a finacial advisor that could help.

**Spin** · 22-10-2008, 06:56 PM

Originally Posted by bkkandrew

The worst is yet to come.

Thats not true in the case of certain stocks which have already been beaten down 80% from just a few months ago and are trading at PE's of between 3 and 5. The risk of buying in at these prices is quite low now.

**engrin** · 22-10-2008, 08:52 PM

^ List a few winners?

**jandajoy** · 22-10-2008, 09:06 PM

QTCU 8 % not bad.

**keda** · 22-10-2008, 09:10 PM

Spin sounds about right, after the drops we've seen recently the downside risk cannot be high, esp on the big caps.

**baldrick** · 22-10-2008, 09:12 PM

Originally Posted by keda

after the drops we've seen recently the downside risk cannot be high

what could possibly go wrong ?

how many of these optimists on this board hold shares and are just wishing this is the end of the downward spiral.

I suggest unless you are prepared to invest in primary food production somewhere - keep it as cash ( though I hope it's not GBP )

**Spin** · 22-10-2008, 09:17 PM

^ In the USA; NEM, X, VLO, DVN, HAL, OXY, CF, BTU, POT. Energy and materials mostly.

**DrivingForce** · 22-10-2008, 09:22 PM

Originally Posted by Bung

I've never done stocks but have a finacial advisor that could help.

is that because he has plenty of free time now?? who does he work for? or does he still work?

**baldrick** · 22-10-2008, 09:28 PM

Originally Posted by Spin

Energy and materials mostly.

and lessening demand for minerals and the energy required to refine them and manufacture them into goods ???

unemployment will hit levels we have never seen in our lifetime - and the unemployed are not that concerned about apples latest gadget.

**DrivingForce** · 22-10-2008, 09:32 PM

Originally Posted by baldrick

are not that concerned about apples latest gadget

and yet Apples sales have hit new highs as reported just today.. Green technology companies are the way to go, they'll take few more years to be really solid but it shouldn't be a short term investment anyway..

**keda** · 22-10-2008, 09:39 PM

Lots of good things even though SET hasn't seen its low and likely to break 450 with 420-400 also on the cards, but looking ahead I'd boldly tip LL (0.91) and SAM (0.75) - among several others - for doubling up or better within 2 years.

**Agent_Smith** · 22-10-2008, 09:45 PM

Warren Buffet says Buy, Buy , Buy!!

Warren Buffett says it's time to buy US shares - Telegraph

**Spin** · 22-10-2008, 09:56 PM

Originally Posted by baldrick

and lessening demand for minerals and the energy required to refine them and manufacture them into goods ???

I did say five year timeframe. Bull market for commodities will be back.

**jim1176** · 22-10-2008, 09:58 PM

Give it to the Thai GF in one lump. Get it over with.

**Chairman Mao** · 22-10-2008, 11:16 PM

Originally Posted by Spin

POT

Yup, easy.

Set up a couple of mules and you'll quadruple yer dosh in 14-16 hours.

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