C
Croesus
Guest
With all the turmoil in the markets these days, I'd be interested in hearing where are people putting their money for long-term investment in the stock market? I'm sure a lot of people on this forum (myself included) have sufferd some pain over the past 8 months, but assuming that the current crisis will pass in time, what do you think should we be investing in at present (assuming an investment plan of averaging into the market by regular amounts)?
Obviously, diversification is useful to balance any portfolio (index tracking etc), but if there are significant sectoral investment themes out there, it would be good to be in a position to benefit from those themes over the next few years.
To get the ball rolling, and for what it's worth, my own views at present are that the following could be good areas for growth over the next few years:
1. Alternative Energy (increased public awareness, investment and government subsidies)
2. Emerging Markets (a massive secular trend upwards in these countries to more prosperous consumer-oriented societies)
3. Pharmaceuticals (many of these these are at very low valuations - may be due a comeback given the increased spend likely on healthcare for ageing populations in many Western countries and increased prosperity in emerging countries (also like the fact that Buffet has bought into GlaxoSmithKline recently))
4. Natural Resources (although I think they're likely to pull back a fair bit from their current highs in the short term, scarcity combined with increased demand is likely to drive prices up over the next few years)
Obviously, diversification is useful to balance any portfolio (index tracking etc), but if there are significant sectoral investment themes out there, it would be good to be in a position to benefit from those themes over the next few years.
To get the ball rolling, and for what it's worth, my own views at present are that the following could be good areas for growth over the next few years:
1. Alternative Energy (increased public awareness, investment and government subsidies)
2. Emerging Markets (a massive secular trend upwards in these countries to more prosperous consumer-oriented societies)
3. Pharmaceuticals (many of these these are at very low valuations - may be due a comeback given the increased spend likely on healthcare for ageing populations in many Western countries and increased prosperity in emerging countries (also like the fact that Buffet has bought into GlaxoSmithKline recently))
4. Natural Resources (although I think they're likely to pull back a fair bit from their current highs in the short term, scarcity combined with increased demand is likely to drive prices up over the next few years)