Monday, January 19, 2009

Investment Advice | 1-19-09

Here's a round up of what investment advisors are saying today:

  • Marc Faber says: "I have shares in Asia, mining stock, exploration companies, physical gold". He thinks the dollar is a disastrous currency but the others are even worse, so he thinks the dollar could strengthen even more." Faber recommends buying Asian stocks, arguing: (1) Japan stock market is trading at the 1981 level; (2) South Korea and Taiwan are trading at 1987 levels; (3) dividends yields in Asia are 3 to 4 times higher than bond yields.

  • Jim Rogers is buying Chinese shares again.

  • Felix Zulauf likes: (1) Medium-term government paper blended with five-year investment-grade corporate bonds issued by companies in defensive industries, such as telecom, food and oil (2) German government bonds [Pimco's Bill Gross likes German bonds as well] (3) Gold - he thinks it will double in two years. He also likes Market Vectors Gold Miners ETF (GDX). (4) Short the Hungarian forint against the euro (5) Crude oil or Energy Select Sector SPDR ETF (XLE)
    (6) Asia equities. He likes iShares MSCI Hong Kong (EWH) and iShares MSCI Singapore (EWS).

If you hear of any investment advice which you think is good, please post a comment. This roundup may be updated periodically, so keep checking back.

I am not commenting on who - if anyone - I think is right and who I think is wrong, but only summarizing what some of the top advisors are saying. In addition, you should check the links to make sure that the information contained herein is accurate, and to read any price or timing recommendations (concerning when to buy, sell, or short) of the advisors.

I am not an investment advisor and this should not be taken as investment advice.

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