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10 reasons for investing in Mutual funds........
Cde Monomotapa
#51 Posted : Friday, September 02, 2011 9:58:23 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
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? Laughing out loudly
Nabwire
#52 Posted : Friday, September 02, 2011 10:31:51 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
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.
Nabwire
#53 Posted : Friday, September 02, 2011 10:34:10 PM
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Joined: 7/22/2011
Posts: 1,325
ADP, not interested, the price is too high plus hakuna kazi America...LOL
Cde Monomotapa
#54 Posted : Friday, September 02, 2011 10:38:05 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
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.
Nabwire
#55 Posted : Friday, September 02, 2011 10:42:02 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
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!!!
Cde Monomotapa
#56 Posted : Friday, September 02, 2011 10:47:16 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
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 Laughing out loudly then sit back and watch those non-farm numbers come out the woods y-o-y Laughing out loudly.. I'll be buying only domestic US Co.s btw.
Nabwire
#57 Posted : Friday, September 02, 2011 10:54:40 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
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.
Cde Monomotapa
#58 Posted : Friday, September 02, 2011 11:02:40 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
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.
Nabwire
#59 Posted : Friday, September 02, 2011 11:20:35 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
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.
Cde Monomotapa
#60 Posted : Friday, September 02, 2011 11:30:05 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
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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