Is now the time

[dan88911]

Is now the time to get back in the market? Or such I buy gold?

[pwd72s]

damndifiknow...

[Bill Douglas]

I just have

In a week or two I'm buyin' a whole lot of Australian mining shares (BHP Biliton).

[BRPORSCHE]

Originally Posted by Bill Douglas

I just have

In a week or two I'm buyin' a whole lot of Australian mining shares (BHP Biliton).

Ha, BHP!

Crap company if you ask me.

[Gogar]

November 2008 was good.

[Jim Bremner]

I'm thinking world-wide as well 20% here, 20% there, 20%over there etc.

[pwd72s]

Really might be good thinking Jim. Cindy & I have been thinking of going to euros, with at least some of our portfolio. Possibly through international bonds.

Dollar loses reserve status to yen & euro

[sammyg2]

LOL the time to get in the market was about 1 year and 3000 points ago.

[RPKESQ]

Originally Posted by sammyg2

LOL the time to get in the market was about 1 year and 3000 points ago.

You forgot to mention the third attribute.

And in Euros.

[RWebb]

very true; that was the 'best' time

if you are going to hold stocks for 6+ years, then now is also a good time

if you are NOT going to hold for 6+ years, then don't buy stocks

[Bill Douglas]

Originally Posted by BRPORSCHE

Ha, BHP!

Crap company if you ask me.

I'm interested in hearing opinions. I don't know much about them other than the Australian company is big, and own the worlds biggest uranium mine, plus mine for gold copper and nickle, plus dimonds.

Rio Tinto always seems to be in some sort of trouble.

[HardDrive]

I'm still sitting here on a pile of cash, utterly perplexed at to what to do next.

[jwasbury]

Originally Posted by HardDrive

I'm still sitting here on a pile of cash, utterly perplexed at to what to do next.

Got any debt? A mortgage? How about paying it down.

[BRPORSCHE]

Originally Posted by Bill Douglas

I'm interested in hearing opinions. I don't know much about them other than the Australian company is big, and own the worlds biggest uranium mine, plus mine for gold copper and nickle, plus dimonds.

Rio Tinto always seems to be in some sort of trouble.

I actually wouldn't mind working for them. I am in the industry, but not exactly that side of it. I prefer black gold!

What is the stock symbol?

Think you may want to hold off on buying though:
http://www.thestreet.com/story/10611984/1/rio-tinto-bhp-kill-ore-marketing-plan.html?puc=_cnnmoney&cm_ven=CNNMONEY&cm_cat=Free&cm_pla=Feed&cm_ite=Feed

[Bill Douglas]

Ah Texas gold

Here is the url for BHP Billiton on msn money AU:BHP - Stock Quote for BHP Billiton Ltd - MSN Money

I'm looking for a company that will ride on the back of the Chinese/Indian growth. But without directly investing in something in those countries. Bhp is into uranuim and gold, both of which I feel are ready for growth.

[TheMentat]

Originally Posted by jwasbury

Got any debt? A mortgage? How about paying it down.

Surely you can find an investment that will pay you more than your mortgage is costing you!

[tabs]

The trend in the SM is still up...

Gold is at a record high...so be my guest....

[TechnoViking]

There's a whole slew of baby-boomers out there that are going to cash out their 401Ks as soon as the market gets anywhere near where it crashed (what was that, 14K?). Which is why it will be a LONG time before it actually does, IMO.

[74-911]

Originally Posted by Martin Smith

There's a whole slew of baby-boomers out there that are going to cash out their 401Ks as soon as the market gets anywhere near where it crashed (what was that, 14K?). Which is why it will be a LONG time before it actually does, IMO.

Absolutely true. I'm starting to move some $$$ out of equities now in my IRA . Will very shortly be down from near 60% to below 50% in equities. Leading edge Boomers will very shortly start pulling a lot out of the market and be putting very little in.

[turbo6bar]

Originally Posted by TheMentat

Surely you can find an investment that will pay you more than your mortgage is costing you!

+1. Instead of paying down your mortgage, you should be extracting equity via LOC. Use those funds for flip houses, speculative oil drilling, investment-grade automobiles (like CPO BMW M5s), and any other venture with skewed risk-reward profile. It worked for thousands during the housing bubble years, so it will work for you.

Seriously. Think about it. Paying down the mortgage is as close to risk-free return without owning treasury bonds (ignoring dollar currency debate). Consider the risk for any investment. Does it match your risk tolerance? Is the marginal gain in return worth the risk? Don't forget that the financial meltdown was a result of bad debt and poor realization of risk. jurgen