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10 reasons for investing in Mutual funds........
Rank: Chief Joined: 1/13/2011 Posts: 5,964
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LoL! The bulk action i'd be taking on Western mkts for the next 8 years is short selling. I would go long on unemployment agencies. Are there any listed? 
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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You know thats a great idea, but I cant think of any off the top. Though ADP handles most paychecks in the US, lemme take a look. Ohh you are asking for un-employment, I thought employment for a min there, no, the Feds handle unemployment, not listed, I dont think so.
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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ADP, not interested, the price is too high plus hakuna kazi America...LOL
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Don't worry, U have 8 years to find me that info. In the meantime, I will be riding Sub Saharan African growth and come to invest in the US in person in the 8th-out-of-10th year of the recession. See you soon.
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Ati 8 years, kwani unanilipa, when did I start working for you?? So the 8th year will be 2019?? hahaha wacha tungoje, utashangaa, there will be nothing for you to buy unless we will have already gone into the next recession. Meanwhile I will have profited from the recovery of this recession and will buy double what you will, thus I will be welathier and wiser, kaa chonjo!!!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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I'll put you on a retainer ma-sisto. Usitie shaka. The 8th year will be the most painful and that means discount cash and carry for me  then sit back and watch those non-farm numbers come out the woods y-o-y  .. I'll be buying only domestic US Co.s btw.
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Shida yako, sitachezea mbuzi guitar Consider this, during the crash in 09, CBS was trading at $3, I blinked and when i woke up, it was trading almost $30 with a P/E of 14 and EPS of 204. Lesson learnt, never again will I blink. So keep blinking, shida yako.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Nabwire wrote:Shida yako, sitachezea mbuzi guitar Consider this, during the crash in 09, CBS was trading at $3, I blinked and when i woke up, it was trading almost $30 with a P/E of 14 and EPS of 204. Lesson learnt, never again will I blink. So keep blinking, shida yako. You can thank Q.E and its zero calorie liquidity for that. Why zero calorie? Coz the US isn't generating and sustaining employment, meaning the stimulus was useless to the real economy. 1% GDP growth, and slowing, for such a complex economy like the US should be all the red-flag one needs. See U in the 8th year.
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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QE prevented a depression, which could have gone worldwide. 1% growth as opposed to a depression is pretty good in my books. I will flag this post and check back in 2019, tuone who was wiser.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Yap.That 1% was after being reviewed downwards from 1.3%. U r still doing better than UK who are at 0.2% GDP but I won't be surprised to see the US there too. Nevertheless, the UK will pull up faster as they accepted reality, bit the bullet and implemented AUSTERITY while the US thinks printing money will save them. Look into the Zimbabwe dollar of recent history and learn what relentless printing of worthless money leads to.
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