DislikedI am sure every1 has heard of the Ambani's.
So 5 years down the line this should be about 2-3 times current market price.Ignored
2-3 times is very conservative, but I'll take it.
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DislikedI recently sold Kingsoft another game-making software company. It had all my criteria going for it -...Ignored
DislikedThe company provides Legal Insurance + Identity theft protection via Krull, each year for the past 15 years has shown continual growth. PPL is the only company in north america to offer legal insurance at the level they offer it. All I have done is offered the name/trade name of a solid company that has shown 15 years of continual growth, I'm not a stocks trader, I'm a forex trader. Someone asked about a good 5 year investment, while I said it itself if not going to be the key factor, it is still going to be a good 5 year investment, as the company...Ignored
DislikedIn Fact in 1986 a stock like MSFT didn't have any earnings and was "infinitely" expensive but it made millionaires out of secretaries.Ignored
DislikedYou are referring to Buffet's recent buys, recent meaning at the depths of market. The ~30% drop is sometime before the purchases. But that is hardly, the point.Ignored
DislikedHi
Looking ahead what do you think is the best investment for the next 5 years.
It could be:
Gold
Oil
Alternate energy
green technology
nano technology
Any currency?
etc etc
Post your opinion and the reasons.
My choice is RMB. Its not freely tradeable but I believe the currency will give amazing returns over 5 years.
Reasons:
The world's manufacturing is shifting to China.
A forward looking community.
People are hard working and look to work.(personal experience)
Socially very conscious. i.e. they understand no one works for free and everyone...Ignored
DislikedNo, actually I referenced his assets at the end of 2007, and his assets at the end of 2008. They did not go down 30%. Learn how to read an annual report before making statements that are demonstrably false.Ignored
DislikedMy question is very valid, "Where are they going to park all these cars you think they are going to buy??Ignored
DislikedNations are going to finally stop trading with China until it stops manipulating its currency exchange rate. If you dont understand exchange rates with the price of goods and the transfer of wealth from one nation to another, I guess you will not understand the consequences of upcoming changes in an open market place.Ignored
DislikedNo we are not beneficiaries, There is a major transfer of US wealth to China mainly caused by the exchange rate. The attitude developing in the USA and elsewhere around the world is, "China we are not going to play this game much longer. Time to adjust."Ignored
DislikedBZZZZZZZZ Wrong. Other ASEAN countries currencies can be bought on the FX market. Not commonly trade but it can be done. China's RMB cannot.Ignored
DislikedBanks intervening is common practice around the world, even US govt. banks, businesses will buy or sell dollars at times to prop up the dollar. The Govt. issues statements, changes interest rates, etc. to do this. That is not the same as deliberately setting an exchange rate to keep your products cheaper than everyone else so the flow of wealth goes one direction. Your comparisons and statements show a completely lack of understanding of basic economics.Ignored
DislikedBottom line, keep your money in the bank guy, you are clearly not ready to be investing in China. The wealth of China is held by govt. not the people, you cannot make the same assumptions in trading as you do in other countries.Ignored
DislikedI recently sold Kingsoft another game-making software company. It had all my criteria going for it -...Ignored