Page 1 of 1 [ 5 posts ] 

Postperson
Veteran
Veteran

User avatar

Joined: 9 Jul 2004
Age: 67
Gender: Female
Posts: 4,023
Location: Uz

11 Aug 2007, 3:42 am

ok financial aspies. what does one invest in at such times?



Pandora
Veteran
Veteran

User avatar

Joined: 17 Jun 2005
Age: 63
Gender: Female
Posts: 3,553
Location: Townsville

11 Aug 2007, 3:44 am

Best to pay off as much as you can on any loans that you have.


_________________
Break out you Western girls,
Someday soon you're gonna rule the world.
Break out you Western girls,
Hold your heads up high.
"Western Girls" - Dragon


Postperson
Veteran
Veteran

User avatar

Joined: 9 Jul 2004
Age: 67
Gender: Female
Posts: 4,023
Location: Uz

11 Aug 2007, 3:58 am

I don't have any loans. I have some money to invest though.



Amarantha
Raven
Raven

User avatar

Joined: 3 Jan 2007
Gender: Female
Posts: 115
Location: Melbourne, Australia

11 Aug 2007, 7:14 pm

No-one can tell you what to invest in - different personalities require different strategies for successful investment. Afaict, the idea is to learn how the market works, learn how to use technical and fundamental analysis, create a trading plan that works for you and stick to the plan like glue. If the plan isn't working, adapt it, but don't just mess with it on a whim. Investment strategies should be logical rather than emotional, which should theoretically give aspies an advantage. For each individual trade, you need to DYOR (do your own research) as another person's reason for investing in a stock might not suit your own situation.

Regarding investing in a bear market, there are several books that focus specifically on that subject. I can't recommend any as I'm still reading basic how-the-market-works type books. But I've bought one by American investor Stan Weinstein called Secrets For Profiting in Bull and Bear Markets that comes highly recommended and will be my next read.

I'm currently reading Share Trading by Australian investor Daryl Guppy, which I'm finding very helpful. Guppy has also written a book called Bear Trading, which I will read at some stage.

Good luck :)



Awesomelyglorious
Veteran
Veteran

User avatar

Joined: 17 Dec 2005
Gender: Male
Posts: 13,157
Location: Omnipresent

11 Aug 2007, 9:34 pm

Actually, I think in your case it would be best to invest in an index fund. That is for a simple reason: if you have to ask people on the internet about these matters then you are not likely to know what is necessary to look at in order to be the best investor. If you seek to become a skilled investor then I would take Amarantha's advice, but otherwise, I would simply look into a good index fund and simply stick money there as it will likely be more successful than fumbling with something that you don't know much about.