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).
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).
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.
20,000.00 USD
=
687,367.38 THB
How much is Heineken these days?
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.
"If you can't stand the answer --
Don't ask the question!"
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
Keep it in the bank. Make it a safe one - HSBC for example.
The worst is yet to come.
agreed.Originally Posted by bkkandrew
thats exactly where it is (HSBC USA)....term deposit?Originally Posted by bkkandrew
I've never done stocks but have a finacial advisor that could help.
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.Originally Posted by bkkandrew
Spin sounds about right, after the drops we've seen recently the downside risk cannot be high, esp on the big caps.
what could possibly go wrong ?Originally Posted by keda
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 )
If you torture data for enough time , you can get it to say what you want.
^ In the USA; NEM, X, VLO, DVN, HAL, OXY, CF, BTU, POT. Energy and materials mostly.
is that because he has plenty of free time now?? who does he work for? or does he still work?Originally Posted by Bung
and lessening demand for minerals and the energy required to refine them and manufacture them into goods ???Originally Posted by Spin
unemployment will hit levels we have never seen in our lifetime - and the unemployed 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..Originally Posted by baldrick
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.
Warren Buffet says Buy, Buy , Buy!!
Warren Buffett says it's time to buy US shares - Telegraph
I did say five year timeframe. Bull market for commodities will be back.Originally Posted by baldrick
Give it to the Thai GF in one lump. Get it over with.
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