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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (24863)11/1/2002 11:16:04 PM
From: energyplay  Read Replies (3) | Respond to of 74559
 
Jay - What else you should be doing ....

Hmmm.... some real estate in a resonable place - meaning rule of law, educated people, close to first world living standards - be nice if it had low cost of living.

Vancouver B.C., New Zeeland, maybe Singapore, maybe Chile, maybe Portugal, Maybe Urguay.

I don't think physical property ownership will go away, but currency can be wrecked, and corporate shares looted or taxed - or bad trades can be made.

Buy shares in U.S. and Candian exporters who have U.S. Dollar costs but Sell in Euros or something else. Besides resources, drug companies have a large fraction of overseas sales.

You might want to look at the oil nad natural gas royalty trusts, like SJT, HGT, ERF, and NCN.



To: TobagoJack who wrote (24863)11/2/2002 12:37:58 AM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
Jay, me too! <I sleep with eyes wide open on these rocking, back and forth, again and once more movements, wanting to go sea sick,...etc...> I have been a lonngggggg time holding my Tonka Truckload of US$, fortunately with excellent results so far, relative to other options. A lonnggggg time is 11 months.

I intend to abandon the US$ as soon as I can find something to float on with greater safety. I don't see anything yet. Borrowing yen is too scary for me [as described in earlier post]. Betting whole Tonka Truck on QUALCOMM would be noble, heroic and possibly fatal, but possibly excellent. A big dollop of Q! is enough for me. I do NOT wish to bet against Uncle Al KBE. I think he and I will be on the same side - he will force people to get out there and spend, spend, spend their US$. I will buy something which is supplying what he forces people to buy, buy, buy. With a bit of luck.

Or something like that. Subject to change without notice.

Mqurice