portfolio help Watch

Drogue
Badges: 19
Rep:
?
#21
Report 10 years ago
#21
Well, I was more referring to the
The mining sector isn't likely to rise in value but it is less exposed to the economic downturn.
part of the discussion. That seemed to be seruious. Also, the topic of the thread being how would you argue about what you'd put your money into, it seemed relevant.
0
reply
President_Ben
Badges: 13
#22
Report 10 years ago
#22
it is less exposed to the economic downturn.
Is ridiculous. It doesn't bear discussion. Mining stocks aren't exactly the staples of your defensive basket.
0
reply
sio06
Badges: 1
Rep:
?
#23
Report 10 years ago
#23
I think the current problem with mining stocks is that they're becoming less correlated with their underlying commodity prices... i mean in the past month copper and aluminium are up 10% whereas mining stocks have come down 10%...
0
reply
Jibzy
Badges: 12
Rep:
?
#24
Report 10 years ago
#24
(Original post by President_Ben)
In the 1980s, people would nod and agree with that.

In the 1990s, people would be confused and disappointed.

Lately, people would laugh in your face for that.


Just gently ignore the fact that budget retail is doing fairly well... if you sell mostly inferior goods (as in, negative income elasticity of demand), you're getting more customers than ever.
ur right. indeed, some retail are still doing welll....
silly me for forgetting to impart some economic theory.

bt then how is waitrose doing better than M&S? i still find that confusing. i always thought waitrose was more of a "cyclical" bussiness compared to M&S

Apparently, waitrose are far more reccession proof....lol
0
reply
President_Ben
Badges: 13
#25
Report 10 years ago
#25
(Original post by Jibzy)
ur right. indeed, some retail are still doing welll....
silly me for forgetting to impart some economic theory.

bt then how is waitrose doing better than M&S? i still find that confusing. i always thought waitrose was more of a "cyclical" bussiness compared to M&S

Apparently, waitrose are far more reccession proof....lol
The core business of M&S is not food...
0
reply
President_Ben
Badges: 13
#26
Report 10 years ago
#26
(Original post by sio06)
I think the current problem with mining stocks is that they're becoming less correlated with their underlying commodity prices... i mean in the past month copper and aluminium are up 10% whereas mining stocks have come down 10%...
The whole curve is up 10%? I don't think so...
0
reply
Jibzy
Badges: 12
Rep:
?
#27
Report 10 years ago
#27
(Original post by President_Ben)
The core business of M&S is not food...


yup. cheers...
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

Have you registered to vote?

Yes! (542)
37.74%
No - but I will (112)
7.8%
No - I don't want to (98)
6.82%
No - I can't vote (<18, not in UK, etc) (684)
47.63%

Watched Threads

View All