how low can you go?

[crackers]

The market is really rooted right now.

Some people are expecting 4500! sucks.

where to put your $$ now?

[Brendan]

interesting.. is anyone affected by this at all?

[crackers]

not me really.

I have alot of cash which i just dont know where to put.

[Carl Taylor]

crackers if your looking for some ways to make money in a falling market you might want to look at

Contracts For Difference (CFD's)
and Selling Puts

[crackers]

no its too risky for me. Not something i'm interested in.

[Brendan]

What sort of share market strategies do you have crackers? what do you class as a non risky investment?

[J_D]

the BHP fall really stabbed me in the side. However, it has started to now level out and with talk of the rio tinto buy out, it's only going to go back up.....

still damaging and annoying!!!

JD

[Brendan]

J_D, have you set any targets at which you will sell at so you don't get stung again? Or will you wait it out, and just sell when the time is right? Or not sell at all?

[J_D]

Brendan, The amount of shares tied up in BHP will probably stay there for the next 12 months and then i will review. I'm enjoying the dividends and being able to put that back into more shares. It's a growing little nest egg that unfortunately took a bit of a hit. 3-5 years should be a good indicator of whether or not i've made the right decision..... now just if that 3-5 years wasn't so far away. lol.

JD

[The Y-man]

... Selling Puts

Ummm..... SELLING puts in a falling market?


Writing naked puts in a falling market would be akin to losing your money geared 1000 times would it not??????

Cheers,

The Y-man

[The Y-man]

not me really.

I have alot of cash which i just dont know where to put.


This is my money movement right now:

Out of:

Residential Investment Property
Long shares, CPT's, long funds
Going into:

High interest bearing accounts (ING Direct, Rabo etc)
Own home (PPOR) mortgage
Gold Bullion
Long-Short and diversified hedge funds (usually capital guaranteed)

Cheers,

The Y-man