No...but you can still lose a lot of money.What about natural gas? Can it go to ZERO??
http://stockcharts.com/h-sc/ui?s=gas.to
Actually I have just done this. Growth is small but there is growth. Pretty much everything else I have is dropping again.Safest and the most guranteed thing is a GIC.
Go to any well known banks and put down 20,000 or in an e-savings account. However, the interest is not too high. However, thats the safest thing, depends how much you are willing to risk ..
ok well I got 10 k right now. Since I know how to run and bring 10 yrs exp in the game to the partnership you guy's Pony up 25 k each and let's get going.$20,000 is about 1/3 start up cost of a massage parlor find 2 more investors and you will get approx $2000 return monthly in cash on your investment. Make sure one of the partners knows how to run the "spa" and have the license in their name.
That depends on whether this $20K is for non-registered account or registered accounts like TFSA or RRSP.The title of the post speaks for itself. I was just wondering what you guys would do if you were about to come into this money?
And if the GIC is not tax-sheltered, say in TFSA or RRSP, CRA is going to tax every penny of interest out of it.Safest and the most guranteed thing is a GIC.
Go to any well known banks and put down 20,000 or in an e-savings account. However, the interest is not too high. However, thats the safest thing, depends how much you are willing to risk ..
What about natural gas? Can it go to ZERO??
http://stockcharts.com/h-sc/ui?s=gas.to
20 bucks really wont get you too farThe title of the post speaks for itself. I was just wondering what you guys would do if you were about to come into this money?
Funny that...I'm long nat. gas. The shale gas harder to get at and extract than is commonly believed, and with the low prices and uncertainty following on the shale gas discoveries, conventional gas isn't being replaced with new finds. The underlying facts of the nat.gas biz is medium term quite bullish, actually. I like to invest way before the trend in any industry establishes itself, so right now my nat.gas stocks aren't doing too well. But I'm patient.This is exactly why the use of charts alone is a very dangerous (and expensive) practice
New technology has opened up the production of shale gas.
The potential reserves in the USA are huge.
The huge amount of supply coming into production has put downward pressure on the unit price of natural gas
It is also one of the major reasons why that chart is slopped down and to the right.
Will the price of natural gas correct back to levels of a couple years ago?
Probably not real soon.
Can it go lower?
Absolutely
There is usually an economic driver behind a chart's movements and it is best to understand that driver rather than the chart before plunking down your hard earned cash as an investment.
The underlying facts of the nat.gas biz is medium term quite bullish, actually. QUOTE]
I am not sure how you can feel that the underlying facts are bullish
Quite the opposite in fact with the possibility of an improvement in 6 months if (and only if) many other economic factors change
http://seekingalpha.com/article/156703-natural-gas-grim-outlook-through-late-2010