What will be good assets to grab when GFC II hits? And how to prepare?

Discussion in 'Other Investments' started by SpacePete, Sep 2, 2015.

Page 1 of 2
  1. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    If/when GFC II eventuates,

    (a) will the be any prime investments or assets that will be going for bargain prices?

    and

    (b) what would good way to prepare to ensure you are ready should an opportunity arise?
     
    SpacePete, Sep 2, 2015
    #1
  2. sammysilver

    sammysilver Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,969
    Likes Received:
    6,624
    Trophy Points:
    113
    Location:
    Sydney
    If we're talking GFC II rather than SHTF, then the usual prerequisites are cash, food, water and petrol.

    Bargains may be academic, if the bank has frozen funds then unless you have cash on hand, bargains will go begging. This is why now is the time to have everything on hand. You maybe able to barter some bargains with PMs if the seller is willing.
     
    sammysilver, Sep 3, 2015
    #2
  3. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    a) Silver

    b) USD... the safest investment until it isn't
     
    thatguy, Sep 3, 2015
    #3
  4. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

    Joined:
    Oct 19, 2011
    Messages:
    3,968
    Likes Received:
    76
    Trophy Points:
    48
    Location:
    Land of Nineth Dragon
    Macq group and cba shares?
     
    Lunardragon, Sep 3, 2015
    #4
  5. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    Interesting. Blue chips may be going cheap.
     
    SpacePete, Sep 3, 2015
    #5
  6. billybob888

    billybob888 Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2014
    Messages:
    1,662
    Likes Received:
    108
    Trophy Points:
    63
    Location:
    Australia
    Depends what sort of crash,

    If its deflationary collapse like 08/09, then cash, usd in particular would be the best asset
     
    billybob888, Sep 3, 2015
    #6
  7. billybob888

    billybob888 Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2014
    Messages:
    1,662
    Likes Received:
    108
    Trophy Points:
    63
    Location:
    Australia
    And if you anticipate zimbabwe style collapse, then gold/silver would be better,
     
    billybob888, Sep 3, 2015
    #7
  8. billybob888

    billybob888 Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2014
    Messages:
    1,662
    Likes Received:
    108
    Trophy Points:
    63
    Location:
    Australia
    If u anticipate both. Eg deflationary collapse then fed comes in and launches 10 trillion QE4, then hold usd before collapse, buy gold/silver/ commodities and the bottom and wait for the inflation
     
    billybob888, Sep 3, 2015
    #8
  9. raven

    raven Well-Known Member Silver Stacker

    Joined:
    Apr 27, 2014
    Messages:
    1,558
    Likes Received:
    512
    Trophy Points:
    113
    Location:
    Victoria
    cba shares were $60 when GFC1 hit, then completely halved to $30 and took five years to get back, past that.
    Now would be the time to unload them, then buy them back cheap, wouldn't it, maybe ?
    ?
     
    raven, Sep 3, 2015
    #9
  10. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    I think that's the point. In the midst of a crash, some quality shares may be cheap (assuming things recover later).
     
    SpacePete, Sep 3, 2015
    #10
  11. trew

    trew Active Member Silver Stacker

    Joined:
    Aug 24, 2011
    Messages:
    3,653
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Melbern
    Good luck to all thinking they will nimbly move from one asset class to another with perfect timing during periods of massive volatility


    Marc Faber recommends 25% property, 25% stocks, 25% PMs and 25% cash

    Benjamin Graham old school guideline is only bonds and stocks, between 30% and 70% each depending on market pricing
     
    trew, Sep 3, 2015
    #11
  12. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW
    Brothels and repo businesses
     
    Caput Lupinum, Sep 3, 2015
    #12
  13. Miloman

    Miloman Active Member Silver Stacker

    Joined:
    Feb 21, 2013
    Messages:
    1,467
    Likes Received:
    1
    Trophy Points:
    38
    Location:
    Sydney, Australia
    ^^^^
    +1

    That's basic prep for the most serious scenarios which everyone should consider.

    I was talking to my mate who couldn't believe how uneducated Australians are. Overseas in some parts of Canada and USA, preparedness is taught as "basic" education.

    Tsunamis, earthquakes not just economic SHTF. We are seeing titanic shifts in the world at the moment with a lot of the world aware of it. Europe is being flooded with refugees, markets have fallen with no signs of it turning around, I'm no trend forecaster but something major is happening and it's been speeding up.

    AUD has fallen precipitously to 0.70 USD whilst this has all been happening. Everyone is struggling and despite massive QE the common person is being squeezed harder.

    Good to have farmland too that's out of the way with water.

    If something beyond that happens then what? I think we'd be in trouble. From war to nuclear reactions having to be serviced. Humans might not exist in that environment. Just saying to that to all the doomsday crowd, if it happens we might not survive that long.
     
    Miloman, Sep 3, 2015
    #13
  14. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

    Joined:
    Oct 19, 2011
    Messages:
    3,968
    Likes Received:
    76
    Trophy Points:
    48
    Location:
    Land of Nineth Dragon
    From historical data, 2012 to 2015 these two bluechip shares that on my watch list have rallied significantly. Had you bought them at low, now their worth is nearly triple.

    Pete made a good point that assuming things recover later (which I think they will, considering their position in financial market and how our super most tied with shares), they are worth to consider.

    Patience is virtue :)


    [LD]
     
    Lunardragon, Sep 7, 2015
    #14
  15. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    581
    Trophy Points:
    113
    Real estate with a 7 year outlook to resell.
     
    goldpelican, Sep 7, 2015
    #15
  16. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

    Joined:
    Jul 20, 2014
    Messages:
    5,739
    Likes Received:
    1,036
    Trophy Points:
    113
    Location:
    Melbourne
    ^ +1

    That's what I did first before I started stacking. Paid off my country retreat property in case of any SHTF type scenario. A must have for any true prepper.
     
    Skyrocket, Sep 8, 2015
    #16
  17. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

    Joined:
    Jul 20, 2014
    Messages:
    5,739
    Likes Received:
    1,036
    Trophy Points:
    113
    Location:
    Melbourne

    ? But if GFC 2 hits our property prices will take a big tumble won't they?
     
    Skyrocket, Sep 8, 2015
    #17
  18. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,516
    Likes Received:
    638
    Trophy Points:
    113
    Location:
    Australia
    I am preparing by buying a couple of board games. I figure I will be spending a fair bit of time at home rather than going out and spending money.

    I have a year's supply of tea bags, a rainwater tank and a wood fired stove, I should be able to manage, even if I have to drink it without milk.

    GFC didn't really hit Australia in the way it hit my folks back in the UK, they had some big name companies go belly up. It hit my relatives in Greece a lot harder. But I didn't really notice much, Crazy Clarks shut down and pretty much the exact same shop opened up in its place.

    I doubt I will be adding many assets, just keeping my head down until it all blows over.
     
    Jislizard, Sep 8, 2015
    #18
  19. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    You buy it when they crash then hold for 7 years and sell at the next peak.
     
    SpacePete, Sep 8, 2015
    #19
  20. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

    Joined:
    Jul 20, 2014
    Messages:
    5,739
    Likes Received:
    1,036
    Trophy Points:
    113
    Location:
    Melbourne

    doh, my stuff up, I was thinking this thread was about preparing now :D
     
    Skyrocket, Sep 8, 2015
    #20
Page 1 of 2

Share This Page