Comments on: UK Stimulus Fails, Sees Sixth Quarter of Recession http://www.getmoneyenergy.com/2009/10/stimulus-fails-uk-sees-sixth-quarter-of-recession/ DRIP Investing for Dividend Growth, Cashflow and Financial Freedom Fri, 19 Mar 2010 01:20:48 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: MoneyEnergy http://www.getmoneyenergy.com/2009/10/stimulus-fails-uk-sees-sixth-quarter-of-recession/comment-page-1/#comment-3154 MoneyEnergy Wed, 02 Dec 2009 05:37:26 +0000 http://www.getmoneyenergy.com/?p=3105#comment-3154 @Karl - by this logic I'd better hope you're also against the government printing excess dollars and deliberately weakening its own currency - otherwise you've got a nice contradiction in there... (or would you say Soros is the puppetmaster of the Fed and US Treasury?) @Karl – by this logic I’d better hope you’re also against the government printing excess dollars and deliberately weakening its own currency – otherwise you’ve got a nice contradiction in there… (or would you say Soros is the puppetmaster of the Fed and US Treasury?)

]]> By: Karl Munchausen http://www.getmoneyenergy.com/2009/10/stimulus-fails-uk-sees-sixth-quarter-of-recession/comment-page-1/#comment-3152 Karl Munchausen Wed, 02 Dec 2009 03:52:10 +0000 http://www.getmoneyenergy.com/?p=3105#comment-3152 The UK should know better. George Soros destroyed their currency in 1992, and he is now in a position of power to do the same to the US dollar. There is no coincidence that he is the left's biggest funder and is pushing policies that will destroy the world economy. Government cannot create jobs, only the private sector can do that. Soros and the left want economic collapse so the left can seize control and Soros can make billions. The UK should know better. George Soros destroyed their currency in 1992, and he is now in a position of power to do the same to the US dollar. There is no coincidence that he is the left’s biggest funder and is pushing policies that will destroy the world economy. Government cannot create jobs, only the private sector can do that. Soros and the left want economic collapse so the left can seize control and Soros can make billions.

]]> By: MoneyEnergy http://www.getmoneyenergy.com/2009/10/stimulus-fails-uk-sees-sixth-quarter-of-recession/comment-page-1/#comment-2986 MoneyEnergy Tue, 27 Oct 2009 18:34:34 +0000 http://www.getmoneyenergy.com/?p=3105#comment-2986 Thanks for the feedback, Monevator. Would EDIN trade only on the LSE? It sounds like a closed-end fund with monthly distributions. Either way, it seems unlikely for the pound to fall much further. Seems like it's a bit of a race to the bottom against the USD, but for sheer size of QE, I think the USD will win that race. Thanks for the feedback, Monevator. Would EDIN trade only on the LSE? It sounds like a closed-end fund with monthly distributions. Either way, it seems unlikely for the pound to fall much further. Seems like it’s a bit of a race to the bottom against the USD, but for sheer size of QE, I think the USD will win that race.

]]> By: Monevator http://www.getmoneyenergy.com/2009/10/stimulus-fails-uk-sees-sixth-quarter-of-recession/comment-page-1/#comment-2984 Monevator Mon, 26 Oct 2009 23:20:12 +0000 http://www.getmoneyenergy.com/?p=3105#comment-2984 The GDP figure here was indeed a shock you're quite right. However I'm in the camp that it will be revised back at least a little. It's so shockingly bad that people are questioning where they've got their figures. Or it may be that people are for instance paying down debt, for instance, that's skewing things. The big question of UK dividend paying stocks currently is do you trust the big oil companies to keep paying dividends, and do you think the banks are going to come back? If you think neither you could buy shares in investment company Edinburgh Investment Trust (ticker --EDIN) which is run by one of the UK's best fund managers, and which pays a 5.8% yield. He mainly likes big pharma and energy companies at present. Not a recommendation of course -- you must do your own research. :) The GDP figure here was indeed a shock you’re quite right. However I’m in the camp that it will be revised back at least a little. It’s so shockingly bad that people are questioning where they’ve got their figures. Or it may be that people are for instance paying down debt, for instance, that’s skewing things.

The big question of UK dividend paying stocks currently is do you trust the big oil companies to keep paying dividends, and do you think the banks are going to come back?

If you think neither you could buy shares in investment company Edinburgh Investment Trust (ticker –EDIN) which is run by one of the UK’s best fund managers, and which pays a 5.8% yield. He mainly likes big pharma and energy companies at present.

Not a recommendation of course — you must do your own research. :)

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