Re: US debt and long-term savings strategy - what do you think ?
- From: BMJ <parametric_equation@xxxxxxxx>
- Date: Thu, 29 Mar 2007 14:23:25 GMT
Old Pif wrote:
On Mar 28, 10:40 am, "carrera d'olbani" <dolb...@xxxxxxxxx> wrote:
You appear not to read what I wrote. I said that the investors took
easy ways so far -- they invested into stocks and real estate. But
investors exhausted this avenue -- they cannot get (good) returns
anymore. But they still have loads of money. They need to invest those
money. So now (the key word is _now_, and not before) there are
opportunities to get those money for the high-tech projects. Not
necessarily "high-tech", but something new. Where the new tangible
stuff will be delivered to the consumers. Good qualifications and
skills will be needed for that. It is late for me. But it is the right
time for the young people who are doing their PhDs now, and will
become competent scientists in 5 years or so.
If you read financially oriented press you find that for more than a
century since the first stock exchanges have appeared people have been
arguing where to invest money. And it is always something different.
One time it is railroads some other time it is Internet or real
estate.
Another common place is that most of them are wrong most of the time.
Only few become really rich all the others are happy if they make
10-15% in the long run.
Look at it this way: by the time most of us hear of some new area to invest in, the easy money's already been made.
All that you write about high-tech was a part of mindset in 90th when
it was enough to stuff you business plan with buzzwords and money felt
on your head like snowfall.
That's always been the case during an investment bubble. Anybody using sufficiently arcane prose and terminology conveyed the impression of having some special knowledge about that market and, thereby, credibility.
But even then all that has been based on
the very simple calculations that even if one out 10 start-ups becomes
really successful it covers all the cost and brings substantial
profit. The tragic reality for us - tech (high or low) people is that
nobody believes in that anymore.
Only those who've gone through it.
May be some time should pass to
forget the pain of dot.com bust ...
Ah, but in investing, memory fades rather quickly. Guess what's gaining in popularity? After all, it all started about ten years ago, ended three years later, and that's enough time for people to have forgotten all about the dot-bomb fiasco.
<snip>
.
- References:
- US debt and long-term savings strategy - what do you think ?
- From: Amamba
- Re: US debt and long-term savings strategy - what do you think ?
- From: carrera d'olbani
- Re: US debt and long-term savings strategy - what do you think ?
- From: Old Pif
- Re: US debt and long-term savings strategy - what do you think ?
- From: carrera d'olbani
- Re: US debt and long-term savings strategy - what do you think ?
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