Any shares worth investing in in current climate?

bman

Hi,

I've about €2k to spare and I was thinking of investing it in shares. Are there any good prospects in shares at the moment? From what I've been reading none of the sectors seem to be worth investing in at present. Am I better off just leave it sitting in a bank account and wait until the economy starts to pick up again?

Any advise appreciated.

Économiste Monétaire

Want some real, solid, tangible advice that will see you through your life? Do not ask for financial advice on an internet forum. Ever. The little man inside your head telling you not to do it was christened Mr. Common J. Sense. Listen to him.

If you really don't want to listen to him, buy shares in companies like McDonald's. There will always be obese Americans looking for an easy solution to man's age old problem of food.

topper75

Yeah but if the folks in the US start to get a health kick, your investment could be vulnerable and share price will plummet for McDonalds.

I've pooled my resources in Mattress Group Holdings. The returns have outperformed the market substantially and consistently over the last six months in real terms.

bman

UCD_Econ wrote: »

Want some real, solid, tangible advice that will see you through your life? Do not ask for financial advice on an internet forum. Ever. The little man inside your head telling you not to do it was christened Mr. Common J. Sense. Listen to him.

If you really don't want to listen to him, buy shares in companies like McDonald's. There will always be obese Americans looking for an easy solution to man's age old problem of food.

I see what you're saying. I'm not daft enough to take the first piece of advise I hear and run out to buy the shares advised. But as preliminary research internet forums are pretty valuable in lots of areas.

Thanks for the Mc Donalds advise. I'll look into it. :rolleyes:

Any real suggestions out there?

Économiste Monétaire

Americans and a health kick? (the McDonald's advice was a joke, it was simply a medium for me to project my anti-Americanism.) Also, "doing better than the market" could still mean quite substantial losses on your investment. If every fund in the market has losses, on average, amounting to 50%, and I have losses amounting to 47%, I have outperformed the market. Outperforming a market, in its current state, means little. That was an amusing quip the NPRF used in its last report.

bman

UCD_Econ wrote: »

Outperforming a market, in its current state, means little.

So I take it the answer to my original question:

bman wrote: »

Am I better off just leave it sitting in a bank account and wait until the economy starts to pick up again?

is yes?

Économiste Monétaire

bman wrote: »

So I take it the answer to my original question:



is yes?

No, that was a response to the post above yours, I had begun to write it before you had posted that reply, and was simply too lazy to edit it; It's not an answer to your original inquiry, read my first post about taking financial advice from an internet forum. Also, an internet forum is not a good place to begin research vis-a-vis stocks. The old adage of those who know the least, speak the loudest is relevant to anyone offering specific advice on specific stocks.

You could just read the very first post, on the very first page, of this forum. The one with the title "Please Note: This is NOT a personal finance forum."

bman

UCD_Econ wrote: »

Also, an internet forum is not a good place to begin research vis-a-vis stocks.

Where is a good place? Other than talking to a financial adviser.

topper75

UCD_Econ wrote: »

Americans and a health kick? (the McDonald's advice was a joke, it was simply a medium for me to project my anti-Americanism.) Also, "doing better than the market" could still mean quite substantial losses on your investment. If every fund in the market has losses, on average, amounting to 50%, and I have losses amounting to 47%, I have outperformed the market. Outperforming a market, in its current state, means little. That was an amusing quip the NPRF used in its last report.

Mattress group holding? I thought it was obvious UCD Econ. Maybe I should have bolded it for you. Oh, the health kick thing was a joke too btw!

In serious response to OP - keep your money away from shares for the next 12 months at least and have a look at what savings products the banks offer instead. No big yield, but that is the story of 2008/2009.

Économiste Monétaire

topper75 wrote: »

Mattress group holding? I thought it was obvious UCD Econ. Maybe I should have bolded it for you. Oh, the health kick thing was a joke too btw!

I actually didn't read what company you had put down, I was scanning and the 'outperforming the market' bit was what caught my eye. Laziness is my vice :P

Time Magazine

I'm moving this away from the Economics forum. If anyone has any helpful answer to the OP, that'd be nice...

yayamark

I was looking to invest in BOI shares tomorrow they were aroud 90cents approx last week and have risen to 1.23 i think

Seems like a good option at the moment i think.