What the hell should I do now?

O.K my two cents... Fistly I dont represent this company in any way. Do your own due diligence. This is not invetstment advice blah blah. Platinum specialises in selective stock picking. Its international fund has averaged 17.42 percent per year for the last 10 years without a down year. The fund size is 7 or 8 billion or so which should reassure you about the accuracy of the data and the ability to sustain these excellent returns. Heres a link:

http://www.platinum.com.au/docs/pricing.htm

Click on the first performance column for numbers. Now 18 percent per year or so means that using the rule of dividing by 72 (see the 'rule of 72' if youre unsure, google it) then it doubles your money every 4 years thanks to the magic of compounding. This means that in 8 years 500k would be 2million and 4 million in 12 years and 8 million in 16 years and... well you get the picture. Its a big fund that has a couple of other sub funds which give tasty returns too. Very good guys and leaders in the industry. Simple arithmetic and highly verifiable.
 
If you are bearish on the dollar and you are holding all you assets in cash ( I believe it's also in USD ) it does not make much sense either.
 
>>If you are bearish on the dollar and you are holding all you assets in cash ( I believe it's also in USD ) it does not make much sense either.<<

I realize that. That's why I'm trying to figure out what to do with it.

Thanks
 
The Platinum fund looks really good, amazing track record and diversified among many currencies. Unfortunately, I read on their FAQ page that it doesn't take American investors. Too bad, I fly down there a lot and could have dropped in to get a feel for the place.

Thanks anyway.
 
Invest in DDF, HYF CEF, GLD
the first 2 yields about 8-10 percent. the rest is gold and silver.
among other things you can invest in other high yielding ETF's of foreign nations....
Quote from flier6:

Hey all,

I need some advice. I've just sold my house in Orange County and am wondering what to do with the cash. I have about $300,000 from the house and $200,000 in my 401k. Right now I have the entire $500,000 in the money market because I'm bearish on the mkt.

I've also been reading a lot of Peter Schiff's writings and am starting to become very bearish on the dollar. I'm an airline pilot for a bankrupt carrier and have been HAMMERED from every direction as far as my net worth.

Thanks a lot for any insight you can offer.
More...
 
Quote from andrasnm:

Invest in DDF, HYF CEF, GLD
the first 2 yields about 8-10 percent. the rest is gold and silver.
among other things you can invest in other high yielding ETF's of foreign nations....
More...

Invest in gold and silver? Those are not investment vehicles since they do not yield any interest. Gold & silver are for speculation. As far as I am concerned real estate still is an excellent conservative investment. RPF,RRE - reits with properties nationwide.
 
people invest in non divident yielding shares as well!
Quote from gkishot:

Invest in gold and silver? Those are not investment vehicles since they do not yield any interest. Gold & silver are for speculation.
More...
 
Do not invest in gold or silver,

It is speculatory,

You will end up losing money if you don't know how to trade.


Basically, don't invest in anything that runs up in price fast,

the faster price runs up, the faster it goes down

The faster it runs up, the more likely you were never on the money train unless you are a trained professional.

So the faster it runs up, the more excited you invested on the top,

The more money you just lost.

Invest in slow appreciating things.
 
Quote from flier6:
3. I like Peter Schiff's strategy at EuroPacific.net (foreign stocks, mostly utilities and materials companies) but they charge 3% to tell you where to put your money. I thought about giving them maybe $50,000 to manage and then managing the rest of my $ myself in accordance with their strategies. 3% seems outrageous to me for a stock brokerage.
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Prudent Sir.
1. Investing in foreign country is more risky since it's far and you don't always know what had happened or at least not quickly as at your home country.
2. Managing the rest of $ by yourself, it's also risky since the fact that you're asking for help mean that you're not well understanding risk.
3. If you really want to manage by yourself, it's preferable to start with small amount. You will add more when your method is proven profitable and safe.
4. You got to google a lot to find out a really good money manager or advisor.
 
Quote from coolweb:

Do not invest in gold or silver,

It is speculatory,

You will end up losing money if you don't know how to trade.


Basically, don't invest in anything that runs up in price fast,

the faster price runs up, the faster it goes down

The faster it runs up, the more likely you were never on the money train unless you are a trained professional.

So the faster it runs up, the more excited you invested on the top,

The more money you just lost.

Invest in slow appreciating things.
More...

True. Gold & silver do not grow capital in a long run. Would be better to keep it in cash and at least earn some interest.
 
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