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Thread: The stock market thread

  1. #16
    International Coach HeathDavisSpeed's Avatar
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    I just had a tip to buy Zimbabwean Dollars. I think it might be a great opportunity to get a foothold in this developing market. I was thinking in investing in a company called The Zimbabwe Free Press. How much do you think I should invest? Is there much exchange rate risk with this investment? Last time I checked, the economy in Zimbabwe was very sound so I'm thinking this must be a good idea.
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  2. #17
    Cricketer Of The Year Kweek's Avatar
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    actually investing in zimbabwe isn't a bad thing if you look long term...tbh there's only a way up from here
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    Cricket Spectator Calvin's Avatar
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    Quote Originally Posted by Kweek View Post
    actually investing in zimbabwe isn't a bad thing if you look long term...tbh there's only a way up from here
    or you could end up with no money,

  4. #19
    International Vice-Captain Jungle Jumbo's Avatar
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    Quote Originally Posted by HeathDavisSpeed View Post
    I just had a tip to buy Zimbabwean Dollars. I think it might be a great opportunity to get a foothold in this developing market. I was thinking in investing in a company called The Zimbabwe Free Press. How much do you think I should invest? Is there much exchange rate risk with this investment? Last time I checked, the economy in Zimbabwe was very sound so I'm thinking this must be a good idea.
    Yeah, go for it, there's this friend of my Dad's who might be able to help you out there as well. Robert, I think his name is, decent bloke and apparently a bit of a dab hand when it comes to Zimbabwean economic affairs. I'd speak to other forum members beforehand though, they might have had different experiences - heard someone got ripped off in a bar over there last week, was chared a couple of million dollars just for a beer. It's these swanky African watering holes, you see.


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    International Captain cover drive man's Avatar
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    Quote Originally Posted by HeathDavisSpeed View Post
    I just had a tip to buy Zimbabwean Dollars. I think it might be a great opportunity to get a foothold in this developing market. I was thinking in investing in a company called The Zimbabwe Free Press. How much do you think I should invest? Is there much exchange rate risk with this investment? Last time I checked, the economy in Zimbabwe was very sound so I'm thinking this must be a good idea.
    Euros and south korean won for mine.
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  6. #21
    International Captain cover drive man's Avatar
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    If anyone did take my tip on LUV which they probably didn't sell now. The companies not having a great time they're facing Fines on Plane Cracks I did say short term. Will wait till tomorrow when the unemployment report comes out to see whether or not to buy some goog.
    Last edited by cover drive man; 06-03-2008 at 09:56 AM.

  7. #22
    International Captain cover drive man's Avatar
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    Does anyone know of any frequent dividend blue chips on the london stock exchange?

  8. #23
    Cricketer Of The Year James90's Avatar
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    Frequent? I imagine most companies would offer two per year. No more, no less.
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    I got 100 woolworths shares when i was 6, my grandad boought em for me when they wero bout 4.50 or so...been reinvesting the dividend, now have 200 at 30.00 about (floating there for a while)
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  10. #25
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    Global Moderator / Cricket Web Staff Member Dan's Avatar
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    Digging this up, hopefully for a bit of advice.

    So I've come into a bit of money recently, and I'm trying to work out what to do with it to maximise my returns and grow it while I'm at Uni.

    Currently my plan involves investing half of it in a term deposit at 4.60% p.a., compounded annually, and paying off my first year Uni fees.

    Allowing for an emergency fund that I can access, it leaves me with a chunk left over to invest, and I'm considering putting a bit in the stock market (nothing I can't afford to lose, obvs. Rule one of investing.)

    I'll be honest, the idea of investing is a tad daunting - are there any things in particular I should know/books I should read/key don'ts/anything else?

  11. #26
    Request Your Custom Title Now! benchmark00's Avatar
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  12. #27
    Request Your Custom Title Now! Spikey's Avatar
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    everything on Wade top scoring tomorrow
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  13. #28
    International Coach uvelocity's Avatar
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    give it to me

    or alternately think long term, spread your risk and do your own research
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  14. #29
    Cricket Web: All-Time Legend smalishah84's Avatar
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    Quote Originally Posted by rvd619323 View Post
    Digging this up, hopefully for a bit of advice.

    So I've come into a bit of money recently, and I'm trying to work out what to do with it to maximise my returns and grow it while I'm at Uni.

    Currently my plan involves investing half of it in a term deposit at 4.60% p.a., compounded annually, and paying off my first year Uni fees.

    Allowing for an emergency fund that I can access, it leaves me with a chunk left over to invest, and I'm considering putting a bit in the stock market (nothing I can't afford to lose, obvs. Rule one of investing.)

    I'll be honest, the idea of investing is a tad daunting - are there any things in particular I should know/books I should read/key don'ts/anything else?
    I do know that when most Stock Exchanges are going down the Karachi Stock Exchange is moving up. A lot of hedge funds buy Pak stocks to hedge against losses. Might want to explore that.
    And smalishah's avatar is the most classy one by far Jan certainly echoes the sentiments of CW

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