Investing

RevdTess · Post by **RevdTess** » 28 Jul 2008, 23:21

Now I'm no longer working for an investment bank I'm allowed to start investing on my own account again, which should be fun since pretty much everything looks rubbish at the moment other than bonds.

SunnyJim · Post by **SunnyJim** » 28 Jul 2008, 23:26

What's the story there then Tess? <feel free not to answer!!!>

RevdTess · Post by **RevdTess** » 28 Jul 2008, 23:59

PM-ed you.

grinu · Post by **grinu** » 30 Jul 2008, 21:27

You could hedge bonds with a bit of gold. Gold tends to rise when bond's fall and vice versa so they tend to balance out. Difficult to know which bonds to go for at present though - possibly canadian, japanese, swiss? So much uncertainty. The smart money iseems to be flying from one thing to another on an almost weekly basis and often on no news. It's crazy. Don't think many people know what to do.

grinu · Post by **grinu** » 30 Jul 2008, 21:28

I've just invested in a bit more gold because the euro is probably going south for the next while and gold is looking a bit oversold.

SILVERHARP2 · Post by **SILVERHARP2** » 01 Aug 2008, 16:50

I think gold has become a bit of a traders market at the moment, as clearly as I can see things at the moment the deleveraging in the markets will continue, this will be dollar positive to some extent and previously hot areas like materials and commodities will suffer
Something to watch out for would be to see how commodies do in the autumn, if they are still trending down then a longer term top maybe in but if they continue higher then the general goldbug view is spot on, this is based on historic statistical analysis from Tim Wood

Edit - My view on bonds would be to go for 4/5 yr bonds as you are less likey to suffer price risk and you will hang on to the yield better then short term bonds due to rollovers. US tresuries maybe a good investment if you buy into the more deflationary outlook as there would be a capital gain, currncy gain and a reasonable yield.