Saturday, June 28, 2008
Pinch Business and Stock Market Bottoms at Will
Only Italian men can wear unspeakable habits on their collective sleeves with abandon. However, bottom-fishing is an accepted and even a praise-worthy habit of a stock investor.
How should we deal with the stock trading week that will start tomorrow? It is no consolation anymore that world stock exchanges now seem to act in concert. Where can a global investor park money? Obviously, gold retains its legendary luster in this respect. However, market movements for this metal last week indicate that prices are already ascendant.
Contrariness is a hall-mark of successful stock investment. Theory says that it could be time to buy now. What if prices fall further? Sitting on the fence is not an option because money costs money unless you are part of an Islamic banking system.
We have to put money in to stocks that stand to gain from turmoil. Companies that can carry on business regardless of inflation, recession, inclement weather, and civil unrest threats are top picks for the week ahead.
Switzerland and the United Arab Emirates are the best countries in which to invest at this time. Investors with dollars are lucky because they can participate in stock exchanges of these countries, even if they live elsewhere. Global corporations based in these countries may offer investment opportunities in your local stock market, through listed subsidiaries. Here is an example:
http://www.nestle.in/inside_StockFin.aspx?IR=3&id=1
You cannot be sure that you have really touched a nadir with any stock, but the ones from professionally-managed companies, with classic brands from essential sections of the economy, will climb faster than the rest of the pack, and see you through to a pole position when the ongoing free-fall finally ends.
Post below or email StockWay.MyView@gmail.com if you have a great stock investing idea for the last day of the terrible month of June 2008, and the rest of the coming week. You can also ask for custom portfolio advice.
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