The world economy?

[Brendan]

The world markets are all over the place at the minute! How are you reacting to it, and what measures are you taking to protect yourselves against losses?

I am personally still investing in property and cash.. which seems to be a consistent long term performer.

What are some of your predictions for the future, where do you think we should be investing?

[JamesGG]

Hiya,

They say that cash is king; it looks to me as though the king is worth a lot less now than it was a month or so ago. Anyone still calling parity by xmas...?

The world economy is, using technical accounting language, f*cked. I have no idea where the best place to store excess funds might be atm, but in all markets, there are bargains to be found.

I have seen previously that when the sharemarket tanks, investors often like to look at stable asset classes, like property. Falling interest rates, rising rents, and a messy asx, might perhaps point to positive signs in the property market...?

I also think that for the time being, at least, I am fairly safe with my business. Death and taxes, y'know.

But, just random musings at midnight. It's all crystal ball stuff, really.

Cheers

James.

[Slade]

I guess I am just holding my ground, I haven't really changed the way I live or invest at present, and hope not to change and just ride through it.

I think things will get a fair bit worse, credit will be harder to come by, not necessarily more expensive, just harder to get. I beleive inflation will rise with all these banks 'finding' money to pump into the markets, not really sure what impact that is going to have.

I hope the major lenders learn a lot from this brutal bashing they are getting and not to over value assets and things that don't exist!

[Thomas]

I'm not in anything at the moment. Waiting for the market to settle before I start building my long term share portfolio, and still looking for a good bujy in the property market (might give it another 6 months)

[Carl Taylor]

I'm holding strong, as James said bargains are to be found.

So personally i'm not stopping any investments, i do still and always have felt that business is the safest and most profitable investment however as long as you have the knowledge to make it successful

[moneymagnets]

Well since we moved to Australia the UK doesn't want to give us any more mortgages (not lending to non-residents), and Australia doesn't either (self employed with no tax returns yet), so we're doing share options.

We started trading about 15 months ago so with hindsight we could have picked a better time to start!

However we have learnt a lot and there are bargains to be had as long as you do your research.

Regards,
Karen