too expensive, too dear, "markets fall as greek crisis fears rise", US housing to crash further, Germans don't want to bail out anyone ------------- and on and on and on
Does this sound like the bottom or the top?
Several top managed companies and many more not so well managed but as near as recession proof paying way over 10% grossed up --------- does this sound like fertile investment ground or bare value ground?
PM producers making cash hand over foot, deeply lagging PM physical prices ---------- does this sound like no investment opportunities? or doesn't cash flow count anymore?
Hmmmm, too expensive? Well, that is a matter of opinion - sounds like predawn to me. And even if it isn't predawn - even if it stayed just the way it is right now, there are that many money making opportunities around I find it hard to remember a better value investing time. Remember all those old fuddy duddy investors who patiently wait for their dividend cheques every six months - well, their biggest problem is whether to take the cash or to participate in reinvestment programs - all of us flash Porsche driving traders who have done our capital should maybe sit back and take a deep breath and learn from these guys and girls - have you noticed the rich are getting richer? Why? because all those dividends are sitting around spotting for these wonderful dips we have - August was a good example, Japanese earthquake was an even better one - cash is king - and cash flow gives you that cash.
If your timeframe is in weeks, you probably feel differently, but if your timeframe is in years - this is a fertile field.
I have news for anyone who doesn't realise it - years go past very quickly. Quality investments grow. Something solid that is paying you somewhere over 10% now and growing is worth a hell of a lot in 5 years. But ------- if you only want to think about next week - then go ahead - that's how wall street works - and of course they are doing so well eh?
