addictivepersona
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Investing Thread
- Thread starter addictivepersona
- Start date
GenericMind
Bluelighter
The terrible catastrophe in Japan appears to be opening up some investment opportunities in Japanese, Nuclear, and Uranium related stocks. I have more research to do before I suggest any, but I'll post as soon as I'm confident about the situation.
GenericMind
Bluelighter
I would just like to point out that as I type this, the Japanese market is in freefall and down 12.5% in afternoon trading. In one day.
It's the most insane thing I've ever seen. It makes the market crash of 2008 look like blowjobs and pancakes. This is the type of thing that causes fund managers to commit suicide.
It's the most insane thing I've ever seen. It makes the market crash of 2008 look like blowjobs and pancakes. This is the type of thing that causes fund managers to commit suicide.
GenericMind
Bluelighter
U.S. Market's getting crushed because of Japan this morning.
RIG May $75 Call options are trading at $5.00 this morning. Anyone buying them today should be able to triple their money by May imo.
RIG May $75 Call options are trading at $5.00 this morning. Anyone buying them today should be able to triple their money by May imo.
captainballs
Bluelighter
- Joined
- Sep 21, 2004
- Messages
- 9,954
Thank you.
GenericMind
Bluelighter
Werd. Go make that cheddar son.
For anyone wanting to profit off of the deaths and thousands of corpses washing up on Japanese beaches this week, focus on Japanese small cap indexes which are getting hammered even worse than Japanese blue-chips. Some are trading lower than half of book value which, unless you literally believe Japan is going to sink into the ocean tomorrow, is utterly ridiculous. Buy SCJ, DFJ, or JSC. They're safe index funds you can sit on for as long as you want and they'll most definitely be higher in a few months(and most likely never this low for the rest of your life).
EWJ tracks Japan's main stock index, is selling very cheap, and is something you can hold which will appreciate for the rest of your life.
On the basic materials front, people are expecting every nuclear plant in the world to be shut down(retarded) and a ban on all future plans to build any until kingdom come(even more retarded). That means people have been selling miners that mine Uranium like its cursed. That makes CCJ a great buy at the moment.
The U.S. markets already showed extremely surprising strength in the second half of the day when it rallied from its lows. The Japanese markets open in a few minutes and, depending on what they do tonight, people may only have a day or two more to capitalize on the panic about Japan before prices bounce back and they're not this cheap. He who hesitates masturbates.
For anyone wanting to profit off of the deaths and thousands of corpses washing up on Japanese beaches this week, focus on Japanese small cap indexes which are getting hammered even worse than Japanese blue-chips. Some are trading lower than half of book value which, unless you literally believe Japan is going to sink into the ocean tomorrow, is utterly ridiculous. Buy SCJ, DFJ, or JSC. They're safe index funds you can sit on for as long as you want and they'll most definitely be higher in a few months(and most likely never this low for the rest of your life).
EWJ tracks Japan's main stock index, is selling very cheap, and is something you can hold which will appreciate for the rest of your life.
On the basic materials front, people are expecting every nuclear plant in the world to be shut down(retarded) and a ban on all future plans to build any until kingdom come(even more retarded). That means people have been selling miners that mine Uranium like its cursed. That makes CCJ a great buy at the moment.
The U.S. markets already showed extremely surprising strength in the second half of the day when it rallied from its lows. The Japanese markets open in a few minutes and, depending on what they do tonight, people may only have a day or two more to capitalize on the panic about Japan before prices bounce back and they're not this cheap. He who hesitates masturbates.
GenericMind
Bluelighter
Another amazing investing opportunity has presented itself boys and girls. American Superconductor Corp(AMSC) was hammered a whopping 45% since monday after they announced their largest customer rejected their latest shipment. Bad news for AMSC? very. Permanent? Very doubtful. With no debt and plenty of cash on hand to act as a cushion, this investment should pay handsomely to anyone willing to hold through 1-2 bad quarters.
I'm specifically looking at the Jan 2012 or the Jan 2013 $13 call options. I think the latter could easily return close to a 1000% profit for those patient enough.
I'm specifically looking at the Jan 2012 or the Jan 2013 $13 call options. I think the latter could easily return close to a 1000% profit for those patient enough.
captainballs
Bluelighter
- Joined
- Sep 21, 2004
- Messages
- 9,954
I know this response is long overdue, animal cookie, but a good financial planner will sell you some CD's right now and tell you to keep a lot of your holdings in a money market account. If you can, check the foreclosure info in a decent neighborhood for a deal - best bet for long term money growth is to catch a house right now if you have the credit. Our neighbors just bought the house next door for $75,000 (kids my age). The average price in our cozy suburb is double that on a bad day, and their house will be worth $200,000 in less than 6 years when the market starts to recover.
Now, a financial planner's job is to sell you products and collect a fee. Most of them are risk averse, and who am I to judge - I am ruined at the moment, but that doesn't mean I don't know anything anymore, it just means I made some very risky decisions that I would never recommend to anyone else.
I am going to tell you which stocks to buy right now and hold for 10 years (this is what I do with other people's money because I don't want to develop a bad reputation and I can't stand the guilt of having someone's bankruptcy on my hands):
RIMM (makers of Blackberry)
NOK (Nokia)
I have more, but after studying these stocks as well as the phone market in general for almost a decade, I can comfortably recommend these stocks for the long term. But get them now by signing up for a tdmameritrade account and put at least $1,000 into each one. Continue to buy in $500 intervals whenever you can (maybe every 2 months). Ignore the fluctuations and just keep the stocks.
Now, a financial planner's job is to sell you products and collect a fee. Most of them are risk averse, and who am I to judge - I am ruined at the moment, but that doesn't mean I don't know anything anymore, it just means I made some very risky decisions that I would never recommend to anyone else.
I am going to tell you which stocks to buy right now and hold for 10 years (this is what I do with other people's money because I don't want to develop a bad reputation and I can't stand the guilt of having someone's bankruptcy on my hands):
RIMM (makers of Blackberry)
NOK (Nokia)
I have more, but after studying these stocks as well as the phone market in general for almost a decade, I can comfortably recommend these stocks for the long term. But get them now by signing up for a tdmameritrade account and put at least $1,000 into each one. Continue to buy in $500 intervals whenever you can (maybe every 2 months). Ignore the fluctuations and just keep the stocks.
thanks for the response 
right now, my husband has good credit and i have shitty credit. i want to pay off my debts and get a decent amount of money in savings for a safety net. maybe in a couple months when that is taken care of, i will think about getting into the housing market. i am hoping a financial planner will help with long term goals once we get immediate shit sorted out.
right now, my husband has good credit and i have shitty credit. i want to pay off my debts and get a decent amount of money in savings for a safety net. maybe in a couple months when that is taken care of, i will think about getting into the housing market. i am hoping a financial planner will help with long term goals once we get immediate shit sorted out.
captainballs
Bluelighter
- Joined
- Sep 21, 2004
- Messages
- 9,954
A dirty secret: if you are like me and my s/o, we'll be together forever.
Here's the dirty part: ride on your husband's good credit until death. Take all of the money you would be using to pay your debt and invest it instead. Change your phone numbers so the collection psychological game doesn't rattle you. Whenever you buy anything BIG, post on Bluelight and I'll show you how to do it using both incomes yet magically ignoring your credit situation. I do this. I can teach you about layering money legally depending on the lenders and agents you're dealing with, because everyone has different rights to different information and some information can be legitimately obscured.
Obviously, go to a financial planner for some things, but for other things you need someone with a big, cynical pair of balls.
Here's the dirty part: ride on your husband's good credit until death. Take all of the money you would be using to pay your debt and invest it instead. Change your phone numbers so the collection psychological game doesn't rattle you. Whenever you buy anything BIG, post on Bluelight and I'll show you how to do it using both incomes yet magically ignoring your credit situation. I do this. I can teach you about layering money legally depending on the lenders and agents you're dealing with, because everyone has different rights to different information and some information can be legitimately obscured.
Obviously, go to a financial planner for some things, but for other things you need someone with a big, cynical pair of balls.
