Investment advise

Looks like we're going to make a few shekels on a property sale and seeking advise on investing. I would like something here in Mexico that is fairly liquid. Your thoughts? Thanks.

If you'll be receiving pesos then CETES, while paying low (+/- 4%) are relatively liquid, i.e. are like 28 day term CDs.

I second Spencers comment and would add silver or gold, or both. Physical only, the ETF's don't hold the commodity.

I agree that CETES are a good investment. I wouldn't touch precious metals.

Invest heavily in Dos XX.... that way you'll always have Botella Deposito to fall back on...

hockables wrote:Invest heavily in Dos XX.... that way you'll always have Botella Deposito to fall back on...

And great liquidity, for sure.

The people who make a grandiose living in the financial markets are scared spitless right now while putting up a brave front. What else can they do? Predictions are all over the block, as well as advice on how to save your assets. If anyone out there has a crystal ball, would you rent it to me for a couple days? Mine's very cloudy.
Some of these wise guys have to be fullavit. But which?

Predictions are difficult, especially when they involved the future.

http://web.ics.purdue.edu/~ssanty/cgi-bin/eightball.cgi

Here ya go....:)

oncesubtle wrote:Looks like we're going to make a few shekels on a property sale and seeking advise on investing. I would like something here in Mexico that is fairly liquid. Your thoughts? Thanks.

Couldn't resist.

From another forum.

Look out for number 1 but don't step in number 2.

From another forum, not TOB, right?

Parker wrote:From another forum, not TOB, right?

That is correct Parker. It was from a prolific poster on a forum which discusses financial matters. I stole it since it wasn't copyrighted.

Thanks for the advise amigos, it's appreciated. Lots of good ideas so we're going diversify with cetes, Dos XXs and gold dental crowns, the best of all worlds.

Have some bonds for when the markets are down, some equities for when they are up and some gold for the uncertainty...........the tricky part is the percentage of each.

The only bad thing about bonds is the fluctuating price, you could actually lose money selling them with a fluctuating interest rate market.

Bob, frankly I'd avoid the equities portion of the equation. The equities markets are worse than the tables at lost wages. A lot worse.

Gold and silver are hedges against currency devaluation, and not exactly investments. They are however IMO an essential portion of any portfolio. Consider them as an insurance policy.

While posting this, I noticed that Spencer has added a few words. I agree with his comments, therefore suggest laddering your bonds. Mainly it's a bet on whether the bond rates will go up or down. If the rates go up, and you're holding long term paper and need to sell it, you're toast.

You could then hold some short term paper, in case you need to sell in a hurry. Some medium term bonds and some longer term bonds.

On the other hand, if rates go down and you are holding medium to longer term paper, you make a profit.

Good luck

Intercasa wrote:The only bad thing about bonds is the fluctuating price, you could actually lose money selling them with a fluctuating interest rate market.

Yes indeedly you could get fluct.

Rates aren't going down, they'll go up at some point. For the OPs question, CETES are the way to go.

raqueteer wrote:

Intercasa wrote:The only bad thing about bonds is the fluctuating price, you could actually lose money selling them with a fluctuating interest rate market.

Yes indeedly you could get fluct.

It looks like the computer is generating a new language for being “screwed”. HaHaHa!!! My only advice is never invest, more than you can afford to lose. Otherwise have fun.

David wrote:Rates aren't going down, they'll go up at some point. For the OPs question, CETES are the way to go.

David, would you care to explain for the people how it is possible that for the last umpteem years, rates have done nothing but go down.

U.S. T-Bills are currently in virtually negative territory.

Go ahead, we're listening.

Maybe "umpteen" but I remember the 80s, maybe you don't. Most importantly, nothing goes in one direction forever. Or you could look here:
http://people.stern.nyu.edu/adamodar/New_Home_Page/datafile/histret.html

Now, talk to me again about all they do is go down.

well they can't get much lower...

i just thought of something... if the rates fell a further 3%... into negative territory... now you withdraw your investment...

this in effect would be a double negative.... would that be a positive in the investment portfolio?

Hockables, you're starting to sound like a U.S. politician explaining the deficit.

Please pardon my ignorance. What are CETES?

Similar to a CD but issed by the Mexican Gov't. Guaranteed pricipal and interest, $500,000 pesos minimum.

David wrote:Maybe "umpteen" but I remember the 80s, maybe you don't. Most importantly, nothing goes in one direction forever. Or you could look here:
http://people.stern.nyu.edu/adamodar/New_Home_Page/datafile/histret.html

Now, talk to me again about all they do is go down.

Well sure, I remember having my first mortgage at 9%, then they went up to over 18%. However, this time if they put the rates up too fast the whole house of cards would collapse. Furthermore a 30 year fixed rate mortgage is now at slightly over 4%. So, they could stay down a very long time. Just saying.
Low rates seem to be the current plan.