The story to date
Investors have usually had five investment options into which to place their funds to date:Shares;
Corporate bonds;
Government bonds;
Property;
Sigh.
The story to date
Investors have usually had five investment options into which to place their funds to date:Shares;
Corporate bonds;
Government bonds;
Property;
Sigh.
Gotta love Ritchie:
Murray Maclehose says:
May 8 2018 at 10:33 am
Anything by Milton Friedman, or just watch his simple explanations on youtube.
Reply
Richard Murphy says:
May 8 2018 at 11:34 am
So long as you appreciate just about every element is based on falsehoods
Commodities
Futures
Metals
Insurance policies
Derivatives
Forex
And that’s just off the top of the head.
Art and wine get my vote.
Classic Cars, Coins, Stamps, Watches, Jewelry, Antiques, Trees, Memorabilia….
….speculating that anything will increase in value above RPI over time.
The Cartier & Rolex watches and the 964 are now worth far more than I paid for them.
I invested in tulip bulbs… ☹️But I still believe in PQE
He doesn’t even include the post office savings stamps or premium bonds… Etc
No 5 is “alternative investments” which covers everything else. Of course, that leaves a big question – why has he omitted cash?
The normal categorisation is 1 cash, 2 fixed interest, 3 equities, 4 Property, 5 commodities, 6 Alternatives (including Derivatives)
You’ve all forgotten direct ownership of a business.
“Direct ownership” of a business is simply owning 100% of the shares in it, is it not?
So long as you appreciate just about every element is based on falsehoods
At least the Great Tuber has learned to defame people who are actually deceased.
@ Chester Draws
That is included in category 6 which covers everything not included in categories 1-5.