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*OFFICIAL* P&N Investing Thread

Stunt

Stunt

Diamond Member
We have recently had a lot of threads recently on oil, gold, and US$ valuations.
In addition the people around here seem to be well versed somewhat in investing and economics, as many talk about how the US economy is doing...

I am sure all of us can agree that the US economy is in a slump, for whatever reason...now the point of this thread is to hear about what you are invested in, and why; what you are planning to invest in and why; and even general outlooks for the US/Canada economy.

The pesimists (Bears) should be giving suggestions on how to protect your money.
The optimists (Bulls) should be giving suggestions on how to grow your money.

So have at it...the key to the conversation is not just WHAT, but WHY.
 
Originally posted by: polm
How about investing in the Chinese Yuan ?
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I think investing in the Euro would be a better idea. Isn't the Chinese Yuan pegged to the US dollar and being artificially inflated by the Chinese government?
 
Originally posted by: maddogchen
Is this a good time to invest in Oil?
🙂
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I'm just a university student so my portfolio is pretty weak, but i've been in an energy fund for ~ 4 mo. It has been doing quite well. 21% ROI atm.

For those wondering it is called "CIG281" traded on the TSX.
Info
Chart
(I got in mid aug 2004)
Holdings
Petro-Canada 5.77%
Penn West Petroleum 4.79%
Fording Canadian Coal Trust 4.73%
Canadian Natural Resources 4.71%
Trican Well Service 4.49%
Savanna Energy Services 4.35%
Precision Drilling 3.84%
Apache Corp. 3.36%
Noble Drilling 3.26%
Unocal Corp. 3.12%
Click to expand...
Personally i wish they had some more Encana.😛

I'm having a tough time deciding whether or not to sell. Demand for oil is not subsiding, especially coming into winter months where people are more likely to drive and use fuels to keep their homes warm. Anyways, oil is a tough one to judge as the futures have been riding high.

If you want to get into oil at this point, i'd try an exxon-mobil or chevron-texaco, they pay huge dividends. Currently they are paying a 2-3% dividend where their profit is ~9% of earnings...revenues are hitting last years numbers excluding the 4th quarter data.
Exxon will pull in 260billion this year. Not too shabby if you ask me. Might as well reap the benifits of the high gas prices you guys have been experiencing, instead of me who doesnt drive 😉

Side note: up to $2 tillion of stock buying could occur in December alone.
 
Originally posted by: maddogchen
Originally posted by: polm
How about investing in the Chinese Yuan ?
Click to expand...

I think investing in the Euro would be a better idea. Isn't the Chinese Yuan pegged to the US dollar and being artificially inflated by the Chinese government?
Click to expand...

Investing in currency alone is a really dumb idea. Ivesting in a company who does business in that currency is a good idea.

Not only do you ride the investment, but when you cash in you get a little 5% perk if you will. So if you want to get into oil, invest in an EU oil company (if you want to ride the euro up) or a more productive norwegian oil company (if you want to ride the US dollar lower).
 
Originally posted by: maddogchen
I think investing in the Euro would be a better idea. Isn't the Chinese Yuan pegged to the US dollar and being artificially inflated by the Chinese government?
Click to expand...
You mean artificially deflated.

 
Originally posted by: Stunt
I am sure all of us can agree that the US economy is in a slump
Click to expand...

First of all good luck in getting any of the 50.9% of the Bush Regime supporters to admit the Country is ina slump, they swear it booming better than it has in 20 years.
 
would foreign ADR's benefit from a sliding dollar currency conversion, right? russian cell phone co's getting slaughtered over the whole ukraine thing even with 50% growth rates

maybe we at ATOT can gather up our funds and buyout yukos and end this whole $50 oil debacle.
 
Originally posted by: ReiAyanami
would foreign ADR's benefit from a sliding dollar currency conversion, right? russian cell phone co's getting slaughtered over the whole ukraine thing even with 50% growth rates

maybe we at ATOT can gather up our funds and buyout yukos and end this whole $50 oil debacle.
Click to expand...

a) not enough money.
b) risky investment
c) why would we want to sell oil to get the price lower. If i had an oil company, i'd slow the taps...and throw them on again when the supply is insanely lower and the prices are out of control. $80 barrel anyone? 🙂
 
Originally posted by: ReiAyanami
would foreign ADR's benefit from a sliding dollar currency conversion, right? russian cell phone co's getting slaughtered over the whole ukraine thing even with 50% growth rates

maybe we at ATOT can gather up our funds and buyout yukos and end this whole $50 oil debacle.
Click to expand...

Well, which is it? The Yukos debacle or Hurricane Ivan as the cause for $50 barrel??? They have claimed both.

 
A lot of people here are going to hate me for saying this...but i hope that oil prices shoot through the roof. Not these piddly 10-15% increases.
Two benifits to higher oil prices:

1) Oil is out primary source of carbon and can be used for polymers, alloys, ceramics, lubricants, rubbers, --> useful things rather than just burning the stuff for energy.
2) The US government will finally be forced to follow the rest of the world and get off their a$$es with the support of the american people (oil up = gas up) to convert energy sources to non-oil based. Higher oil price is the only way to influence change. All other nations are using hydro, nuclear, etc.

The only reason smaller cars were developed was due to the oil crisis...Oil prices going up will be tight in the short term...but will be better for the long term...i dare anyone to prove this wrong.
 
Originally posted by: Stunt
A lot of people here are going to hate me for saying this...but i hope that oil prices shoot through the roof. Not these piddly 10-15% increases.
Two benifits to higher oil prices:

1) Oil is out primary source of carbon and can be used for polymers, alloys, ceramics, lubricants, rubbers, --> useful things rather than just burning the stuff for energy.
2) The US government will finally be forced to follow the rest of the world and get off their a$$es with the support of the american people (oil up = gas up) to convert energy sources to non-oil based. Higher oil price is the only way to influence change. All other nations are using hydro, nuclear, etc.

The only reason smaller cars were developed was due to the oil crisis...Oil prices going up will be tight in the short term...but will be better for the long term...i dare anyone to prove this wrong.
Click to expand...

Well we may hit $90-$100 by April, could be 120 by June. High enough???

 
Originally posted by: dmcowen674
Originally posted by: Stunt
A lot of people here are going to hate me for saying this...but i hope that oil prices shoot through the roof. Not these piddly 10-15% increases.
Two benifits to higher oil prices:

1) Oil is out primary source of carbon and can be used for polymers, alloys, ceramics, lubricants, rubbers, --> useful things rather than just burning the stuff for energy.
2) The US government will finally be forced to follow the rest of the world and get off their a$$es with the support of the american people (oil up = gas up) to convert energy sources to non-oil based. Higher oil price is the only way to influence change. All other nations are using hydro, nuclear, etc.

The only reason smaller cars were developed was due to the oil crisis...Oil prices going up will be tight in the short term...but will be better for the long term...i dare anyone to prove this wrong.
Click to expand...

Well we may hit $90-$100 by April, could be 120 by June. High enough???
Click to expand...

I think that may be a bit overboard. What are your sources?
But yeah...higher the better.

New R&D companies starting up developing new tech and new companies manufacturing the new non-oil infrastructure is VERY good for a slowing economy.

The US has the knowledge to do this.
 
Originally posted by: piasabird
If you are a car salesman, low oil prices just encourages more large SUV's.
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SUV sales are starting to subside. If any car company came out with a hybrid at a good price point and oil at $100, I'll tell you right now that salesman will be the happiest SOB in the world 🙂...well maybe oil company execs 🙂
 
Originally posted by: Riprorin
I invested in toliet paper. Unfortunately, I got wiped out.
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For the amount of $hit you post on P&N, i would have thought that was a good investment.

hehe...sorry, couldn't resist. :thumbsup:
 
I'm a value investor, four years ago you couldn't give away some of the things I liked (oils like XOM, defense like CW, cyclicals like MMM, lawsuit bait like MO). So for the last year or so I've happily rotating my picks out of some of my medium-term winners and been picking up shares in lagging sectors. Right now that means distressed properties in utilities (CPN) and telecom (LVLT), and those struggling in basic materials (DD) and the internet (DCLK). At this point I'm waiting for MRK to come down some more.
 
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