Ajarn Forum - Living and Teaching In Thailand - View Single Post

Killing Me Softly 101 · 11th July 2008, 04:40

It is the excessive high cost of petrol products that is causing the global recession in my opinion. Also too much money in circulation. This makes commodities (real things) more valuable (except housing as it was affected by the subprime debacle).

I am waiting for a new trading range to establish.

In 2001 I jumped in too soon and got burned. (Nasdaq was at around 2300, after losing about 60 percent of its value. It went down to about 1200 just after Sept. 11.) So much of my stocks investments were about half of the starting value.

Once the new equlibrium is established, I will go for dividend yielding stocks. Or ones that own vast amounts of real estate, oil, etc.

11th July 2008, 04:40	#18 (permalink)
Killing Me Softly 101 Killing Me Softly 101 is decompiling. Ex-expat Join Date: Dec 2007 Location: The City of Lost Angels Posts: 2,255 vCash: 674 Rep Power: 541	Re: What was your last stock trade? It is the excessive high cost of petrol products that is causing the global recession in my opinion. Also too much money in circulation. This makes commodities (real things) more valuable (except housing as it was affected by the subprime debacle). I am waiting for a new trading range to establish. In 2001 I jumped in too soon and got burned. (Nasdaq was at around 2300, after losing about 60 percent of its value. It went down to about 1200 just after Sept. 11.) So much of my stocks investments were about half of the starting value. Once the new equlibrium is established, I will go for dividend yielding stocks. Or ones that own vast amounts of real estate, oil, etc. __________________ One day I woke up and my rose coloured glasses were opaque.