Investing

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jeff m

Original Poster:

4,060 posts

265 months

Saturday 13th December 2003
quotequote all
With the dollar so weak at present, it's time to make some changes.
I had a lot of very good links in my old comp favourites, a few merchant banks that gave country reports on countries I didn't know even existed.

Any pros out there, I'd be interested on your views on the dollar 3-6 months.
Forgetting the currency, how would you rank UK, US, Europe, and the Far East on growth over the next year.

Links welcome

Jeff

simpo two

87,068 posts

272 months

Sunday 14th December 2003
quotequote all
No expert but I'd say UK and Europe are screwed.
That's as good as you'll get from any investment analyst and I don't cost £1M a year!

(S'funny how accoring to the investment companies, it's always 'an ideal time to invest'....)

jeff m

Original Poster:

4,060 posts

265 months

Sunday 14th December 2003
quotequote all
simpo two said:


(S'funny how accoring to the investment companies, it's always 'an ideal time to invest'....)


The very reason I posted here and not on an investment forum.

Thanks Simpo Two, (I assume Simpo One is the wife)

Jeff

simpo two

87,068 posts

272 months

Sunday 14th December 2003
quotequote all
jeff m said:

Thanks Simpo Two, (I assume Simpo One is the wife)

Good idea, but not quite! Simpo two is an improved version of Simpo one. Features 'Liquid Metal' (TM) technology and built-in Gatling gun.

Nurse?!

zorro

4,474 posts

289 months

Sunday 14th December 2003
quotequote all
Jeff

Is Alan Greenspan a PHer ? he's probably the only one who could give a definitive answer to the dollar question This week he left interest rates as they are which was expected and that didn't help at all, I don't think they're overly concerned about letting it slide further either.

simpo two

87,068 posts

272 months

Sunday 14th December 2003
quotequote all
Putting rates up significantly will kill everything, cutting them makes everyone panic and kills everything just as surely. IMHO interest rates have to be this low to keep the economy on life-support but the credit burden will see the patient die eventually. With the internet driving prices down, plus labour bleeding to the FarEast, I see a deflationary spiral like Japan, only slower.

Blimey, I should be charging for this! Gissa job!

jeff m

Original Poster:

4,060 posts

265 months

Monday 15th December 2003
quotequote all
Not sure A.G. is the man to ask anymore!
I think it may be "how low do they want it to go"
Helps the deficit. A.G. could just be following orders.
I may look for UK based US fund that's hedged. I have way too much still parked in UK index funds. When I say way too much I mean as a percentage.

A.G., PHer I don't think so, probably drives a tank like a Lincon Town Car.

simpo two

87,068 posts

272 months

Monday 15th December 2003
quotequote all
Ah - didn't spot you're in the US. My views were from the UK viewpoint - America has rather more critical mass!

AG probably *gets driven*, just like the Labour elite over here who claim to run what was once a country...sigh...

Good luck with the investing and remember me when you get to a million! Most of our savings go in taxes.

jeff m

Original Poster:

4,060 posts

265 months

Monday 15th December 2003
quotequote all
I'm in the US, but the only thing American about me is "location".
I'm not really too sure the US is in a much better position than UK, whilst in the past it has always/often been a lead indicator I'm not so sure that is the case now. Although it's just made 10,000. I have always been "low" in US in the past and have let some gains escape. I'll probably get it wrong again.
Jeff