You are starting to come around to my way of thinking in regards to Chinese stocks, and "physical hard assets".
I buy and hold physical hard assets including gold, silver, and strategic metals such as brass, lead, and barbed wire. Also, I have purchased three repo properties since the real estate collapse in late 2007. I was able to buy the houses at around one fifth of their previously mortgaged price. One is a rental, and I have gifted the other two to my children.
Real estates is still a bargain and will never be cheaper. US silver coinage and, scrap gold jewelry can be purchased at a fraction of value simply by posting a "wanted" ad on Craigslist. It helps to possess adequate strategic metals to pursue this endeavor. I know NY is getting a little weird about that as of late.
Good luck with all your future investments. Not everyone that picks on you is your enemy, sometimes it's just "tough love".
Well Project.....maybe...just maybe your not the creep I took you for but I DO NOT like people who go for age racist comments. Call me a #$%$ if you like.....but don't insult my age. Anyway...just because I invested in LPH doesn't mean I'm "in love" with Communist ideology. LPH had everthing going for it....even SA recommended it...which is no credit to them. I bought mainly beause they were showing a PROFIT.....and lots of major investment houses are invested here. Looks likewe all got screwed. It will take awhile....but I will recover. I'm a small fish with a big bite....and I don't like gettting screwed by anything that's not female and betweem 18 and 60!
So I've taken money OUT of E*Trade.....will probablly only buy physical silver and investment coins....and possibly one or two producing mining plays. LPH is the LAST STRAW. What with this "sequster" legislation and the politiacal "games out there.....pols have cast a longer term pal over "investing' that could hurt the economy and go on for years. Unless LPH pulls off a mircle....which I doubt.....ALL investment in Chinese companies is "down the tubes" as far as I'm concerned.