News Stories

[Xion Valkyrie]

Diamonds are probably worse offenders than gold/silver in terms of real value vs current value.

A lot of diamonds are being held back by Diamond mining companies in order to keep the price high. They're also trying to prevent synthesized diamonds from becoming mainstream, thus usurping their monopoly:

http://www.smithsonianmag.com/scienc...on-demand.html

[GundamFan0083]

Originally Posted by SaintessHeart

If you are done with personal attacks and caustic remarks, please write something civil and useful. Thank you.

Geez...so sensitive.

No one is attacking anyone here.
I thought we were all having fun...my apologies.
There was discussion of potatoes, peanuts, and dates all of which were clearly to give me a good ribbing and I took it with a smile and responded in kind.

If you want security, I'd say financial education and an understanding of macroeconomics is the best. A series of sizeable trades offsets the risk by diversification, but a single trade in a single commodity can wipe out your entire capital.

I agree, and George Mason U is a good place to get that education.

Finally, the precious metals trick will happen again, but the profit increase won't be as much as compared to regular investing - because people get smarter, but there will be some stupid ones around, and the stupid ones don't have as much cash as the smart ones so you won't earn as much from them as the smart ones who make mistakes in their trades.

That depends on whether or not this current trend continues or if it is actually a bubble.
Either way, it is unwise to put all of your wealth into stock.
Someone here mentioned land, that's not actually a bad suggestion if you can get virgin land (houses and commerical are touch-and-go right now, you really have to know what you're doing if you're going to invest in either).

Anyway (again!):
I found this article rather interesting.

U.S. Gov't Agency Plans $2.84 Billion Loan for Oil Refinery—In Colombia

http://www.cnsnews.com/news/article/...n-oil-refinery

[SaintessHeart]

Originally Posted by GundamFan0083

Geez...so sensitive.

No one is attacking anyone here.
I thought we were all having fun...my apologies.
There was discussion of potatoes, peanuts, and dates all of which were clearly to give me a good ribbing and I took it with a smile and responded in kind.

At least tag the end of those sentences with "*sarcastic*" or a smiley!

I agree, and George Mason U is a good place to get that education.

That depends on whether or not this current trend continues or if it is actually a bubble.
Either way, it is unwise to put all of your wealth into stock.
Someone here mentioned land, that's not actually a bad suggestion if you can get virgin land (houses and commerical are touch-and-go right now, you really have to know what you're doing if you're going to invest in either).

Right now, I feel that land and property is the worst investment right now because the market isn't moving anywhere.

You COULD buy a stretch and plant daikon to supply a wasabi factory for passive cash....but buy-hold-sell is out of the question now. Unless you HAVE a definite use for that piece of property for the time-being, don't buy it.

[Reckoner]

I don't think it's such a bad idea to buy land right now. You just have to realize that you have to hold onto that land for a long ass time before it starts to shoot up in price. Probably about a decade at least. The real question is if you have the money to invest in something like and if you can manage to rent it out for the time being.

[Ithekro]

New markets, new techologies, and new land grabs. Would make for a nice economic venture...into the Solar System.

[GundamFan0083]

Originally Posted by SaintessHeart

At least tag the end of those sentences with "*sarcastic*" or a smiley!

I thought I did.

Yeah I put a ( ) at the end of it...oh well, water over the damn now.

Right now, I feel that land and property is the worst investment right now because the market isn't moving anywhere.

You COULD buy a stretch and plant daikon to supply a wasabi factory for passive cash....but buy-hold-sell is out of the question now. Unless you HAVE a definite use for that piece of property for the time-being, don't buy it.

I love wasabi!
But seriously I do agree that for the most part land investment is not for the uninformed and certainly this is not the market to try and "flip" properties.
Rentals can be a good investment right now, but they have to be in a prime renting location like near a college or university (I have a client who just purchased a rental building just outside of Denver University for 710,000 US, it was valued at 1.2 mil, and he's already turning a nice monthly profit).
But that's the exception right now, not the rule.

Speaking of investments.
All of you may find this little tid bit of financial news interesting.
I saw this on Bloomberg about 30 minutes ago while on my treadmill.

Social Networking Website Of China Renren Files In Favor Of U.S. IPO
http://gmisupport.com/?p=4127

[ganbaru]

Nigerian president urges unity after election riots
http://www.reuters.com/article/2011/...73E8DO20110418

[sa547]

http://newsinfo.inquirer.net/breakin...hurch-official

Statements like these reminds me clearly that I'm in a country that's still (in spirit) living in the Middle Ages: we have the clerics, the lords, the serfs and the Moors down south.

We're barely going anywhere because of this prevailing mentality.

[flying ^]

^

also in that website...

interesting message for the faithful

http://newsinfo.inquirer.net/inquire...eligious-films

[DonQuigleone]

Originally Posted by Xion Valkyrie

Diamonds are probably worse offenders than gold/silver in terms of real value vs current value.

A lot of diamonds are being held back by Diamond mining companies in order to keep the price high. They're also trying to prevent synthesized diamonds from becoming mainstream, thus usurping their monopoly:

http://www.smithsonianmag.com/scienc...on-demand.html

So so true.

I'm predicting a huge crash in diamond values once synthesized diamonds become more commonplace. Pretty much all industrial diamonds are synthesized already.

So yeah, don't buy stocks in Diamond mines, long term it's a doomed commodity. Not only that but a lot of the money from the diamond trade goes to african warlords...

[flying ^]

no wonder euro cars in U.S. still get bad rep when it comes to reliability...

http://www.autoblog.com/2011/04/19/m...ated-by-suits/

[sneaker]

Originally Posted by flying ^

no wonder euro cars in U.S. still get bad rep when it comes to reliability...

http://www.autoblog.com/2011/04/19/m...ated-by-suits/

And U.S. cars don't sell at all in Europe

[FatPianoBoy]

Mercedes hasn't made a decent car since the early 90's. The ones made before that were some of the best cars ever made, though.

[DonQuigleone]

Originally Posted by sneaker

And U.S. cars don't sell at all in Europe

Never saw a Dodge or Chevrolet until I was on holiday in the US.

QFT. We do get Fords though.

[sneaker]

Originally Posted by DonQuigleone

We do get Fords though.

Yes, but only cars like the Ford Focus. Developed in and for Europe, only later also sold in the U.S. because of their success.

[Ithekro]

Or the Ford Ka, which cannot be marketed in the US because it don't comply with local laws (the back bumper is over the rear wheels).

[Vexx]

Don't forget the "Ford Prefect" ....

[DonQuigleone]

Originally Posted by Vexx

Don't forget the "Ford Prefect" ....

Don't you mean this Ford Prefect?

[GundamFan0083]

Originally Posted by sneaker

And U.S. cars don't sell at all in Europe

I've a question.
How do Jeeps fair in the European market?
I'm curious to know.

[Kamui4356]

Originally Posted by sneaker

Yes, but only cars like the Ford Focus. Developed in and for Europe, only later also sold in the U.S. because of their success.

Yes, but Europe gets this Ford Focus.