Gold. Hold or deal in?
Over the years, I've purchased a substantial amount of gold. It is within the form of American Eagles, Canadian Maple Leafs and 1 oz Pamp Suisse. Think is it time to sell or do you surmise it will hit $1,000.00 or higher (I've see projections of $2,000)?Answers: if you don't really need the money, later hold. i have bought and verbs to buy Krugerrands, and i have no intention of selling, unless adjectives my paper assets turn to dust.
even if you devise back to the finishing time in 1980 that gold ingots spiked at $850, adjusted for inflation that's at smallest $2200 today, so i think gold ingots has a while to turn. you may actually do better contained by silver for the intermediate term, since the gold/silver ratio is historically illustrious. silver seems to be relatively undervalue, so i expect it to have more upside potential.
surrounded by any case i devote lone about 5-10% of my income/net worth to gold ingots, and consider it to be my "golden anchor" or "wealth insurance" which is never sold.
There's zilch wrong with taking (some) profit. Take 10 - 20 even 50% profit if it's in attendance, and enjoy the ride near the rest while you can. That profit off the top immediately, will give you added revenue to by more when gold ingots pulles back or reinvest it within other sectors.
Is the economy going to tank 2008/2009?Depression?
Answers: The more people talk about it, the more likely the depression will occur. people will start selling their stocks, and reports from companies for 2007, might discourage that or make it worse..
Nope.
-Matt
Is there a threat of a recession? Yes. Is the economy going to tank or are we going to see a depression, No. First of all recession or a normall part of economic activity, you cant get away from them. Sooner or late growth slows down.
When assesing the economy, the job reports is the key. While the number has edged up, it is still in its historic average. As long as people have jobs, they will spend and economy will be stimulated
Well, It's very common for things to get bad for a spell after a long stint of growth which we are just coming out of. I think the next year will be a bit flat in respect to the economy doing better or worse. After the election is over, I think we can expect things to go either way. I suspect things may gradually improve in 2009 unless something very unexpected happens. If something drastic happens everything could tank. The economy is just unstable and can go either way. Inflation is the real kicker here.
BTW. The word Depression is no longer used. It's called a Recession.
Not that they are much different. I have heard it said like this. You are in a Recession if your neighbor loses his job. And you are in a Depression if (you) lose your job.
Nobody can predict it with 100% accuracy.
But with 70% confidence level I can say no. because the most of the factors are positive which indicate no depression.
most people think so, so the answer is probably "no".
market timer bob brinker predicts no,
but theres so much going wrong you'd think yes.
I wouldn't go so far as to call it a depression, but the next few months probably won't be fun if you're in the stock market (unless of course you short...)
What is the process for buying shares?
i am just a fresher attached job just nowAnswers: First of all unfurl a Demat account any with a Bank or a Broker (eg ICICI Bank ; http://www.icicidirect.com , Sharekhan; http://www.sharekhan.com , India bulls etc).
Then slowly start investing contained by IPOs which are relatively safe and afford good return on address list. As you go on you will gain a feel of open market and then you can start investing contained by secondary open market.
Regarding tips, so start watching CNBC TV18, NDTV Profit, CNBC Awaaz and Zee Business. They have particularly good coverage of stock souk, and some of the program discuss stocks in detail where on earth you can even ask questions related to stocks. It help a lot surrounded by deciding where on earth to invest.
Furthermore you can also invest in mutual funds, which donot hand over as good returns as the open market, but the risk component is very smaller number and the returns are quite wearing clothes.
You can also go through the following websites to obtain more info on share market
http://www.rupya.com
http://www.chittorgarh.com
http://www.valueresearchonline.com
http://www.moneycontrol.com
look for a broker, on rank
check the requirements,
send the money,
buy the shares,
reward the taxes of dividends,
sell the shares,
to be exact all,
if you are asking what is the best stretigy to buy the conquering shares, that is a different story,.
Good Luck
first apply for a PAN card. after getting that travel to any share brokers and open a demate reason that process take sevaral days. after that you can buy share