most of my investments are in oil companies and decided i should diversify this in 2011.
areas im thinking of investing in are: banking copper mining.
any suggestions on speculative ones to buy ?
banking wise keep thinking of rbs or lloyds but think im swayed more by their past rather than future, and think im being hopefull of them returning to the past prices.
Avoid Lloyds and RBS - they both have massive exposure to Ireland and also to commercial property. I wouldn't invest fake money in them
Copper and mining - Rio Tinto and BHP Biliton if you must but could come a cropper if China bubble bursts. Up 50% or so in the last year, may have missed the boat.
For a speculative punt, uranium producers could be good due to the number of new nuclear power stations being built globally. They can't run without uranium
I also like Lonrho as a long term punt - Zimbabwe can only go one way once Mugabe croaks - lets hope its sooner rather than later
Avoid Lloyds and RBS - they both have massive exposure to Ireland and also to commercial property. I wouldn't invest fake money in themCopper and mining - Rio Tinto and BHP Biliton if you must but could come a cropper if China bubble bursts. Up 50% o
as speculative diversification to oil maybe look at MBLX, small cap, growth area, could pop or fizzle. if it drops below 10 in the new year I might be in. for mining the likes Western Potash or Encanto have already had a good run so not the value they were but still maybe worth a gamble.
as speculative diversification to oil maybe look at MBLX, small cap, growth area, could pop or fizzle. if it drops below 10 in the new year I might be in.for mining the likes Western Potash or Encanto have already had a good run so not the value they
Big gains possible, and I believe biotech is almost a recession-proof industry atm, unlike the 3 areas you are going to invest in. Ditch Banking for biotech and will have low,med, and high risk areas to invest in.
biotech - illuminaBig gains possible, and I believe biotech is almost a recession-proof industry atm, unlike the 3 areas you are going to invest in. Ditch Banking for biotech and will have low,med, and high risk areas to invest in.
Just a quick heads up on OTC. Currently trading at 2.47p, a positive JORC update is expected next week which should hopefully push the price past 3p.
GLA
Just a quick heads up on OTC. Currently trading at 2.47p, a positive JORC update is expected next week which should hopefully push the price past 3p. GLA