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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (119968)5/1/2008 2:34:29 PM
From: BWACRead Replies (1) | Respond to of 306849
 
<I guess the only way to deal with it is massive diversification, so that all the noise is smoothed out.>

What good is diversification? Everything moves in the same exact direction, manic up or manic down.



To: Perspective who wrote (119968)5/1/2008 2:41:34 PM
From: Giordano BrunoRespond to of 306849
 
According to CNBC its all being rotated into sectors which benefit from a higher dollar.
Now the trick is, finding people with those.



To: Perspective who wrote (119968)5/1/2008 3:28:41 PM
From: DebtBombRespond to of 306849
 
Just buy oil IMO, forget about this trading crap. Black gold.



To: Perspective who wrote (119968)5/1/2008 3:47:15 PM
From: ChanceIsRespond to of 306849
 
BC - Just buy the Canadian oil and gas companies. The dollar will continue to weaken, and the supply and demand fundamentals get better every day.



To: Perspective who wrote (119968)5/2/2008 12:14:59 PM
From: TommasoRespond to of 306849
 
>>> I guess the only way to deal with it is massive diversification, so that all the noise is smoothed out.
<<<

I like Canadian Oil Sands Trust stock certificates locked up in a safe deposit box. (A lot of things now are book-entry only so you have to own them in a brokerage account, but as far as I know you can still take delivery of these). COS.UN currently pays a 9% yield payable in Canadian dollars and although taxable, with 15% withheld, the tax counts as a credit towards US taxes. The only major risk that I can see is political: nationalization. But even then you should at least get a fair value.

The main thing holding the price of the stock back is its huge appreciation over the last five years. The dividend has been raised three times in the past year and seems likely to continue to increase.

OTC pink sheets symbol: COSWF