U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > General Forums > Economics
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
Old 10-14-2011, 06:47 AM
3,313 posts, read 4,315,781 times
Reputation: 4649


Define "long".

Define "short".

Then, we can discuss.

I consider Brazil still to be a better bet than India. India has too many infrastructure and corruption issues. Brazilian ETFs will come flying back. I bought one in low $30s, watched it zoom to near $80, and then come crashing back to the $50s. Still up overall, and it kicks out great dividends (14.8% dividend yield last year).

You and I may have different definitions of "long".
Rate this post positively Reply With Quote Quick reply to this message

Old 10-14-2011, 08:10 AM
Location: Wherever women are
19,011 posts, read 26,893,288 times
Reputation: 11309
India has corruption, alright, but let's take this whole year for example.

My US stock portfolio got absolutely clobbered. One month I'm 20% up, the next I'm 20% down. Ever since the downgrade by S&P, I have not seen green Any green I see vanishes in 48 hours, thanks to the Spartans

Any cash I cashed out was daytrading some of the volatility.

On the other hand, I have been sleeping at peace with my Indian portfolio and my father's where I'm a joint account holder. Despite the billion dollar 2G telecom scam, I have been up throughout the year. It's showing strength. I just learned to avoid corrupt stocks like the likes of Reliance and some telecom/media goons who are deeply involved in the local politics.

The only risk area I see in the short term is tech stocks. If the US puts in some regulations to tighten offshoring, I'll short all these bastards in a merry ride. But unfortunately, the American policy makers are in no mood of curbing Indian tech.

So, what do you have in Brazil? Petrobas?
Rate this post positively Reply With Quote Quick reply to this message
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Similar Threads

All times are GMT -6. The time now is 02:49 AM.

© 2005-2021, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top