Turn Off Ads?
Page 4 of 4 FirstFirst 1234
Results 46 to 51 of 51

Thread: Investment advice...

  1. #46
    Member
    Join Date
    May 2000
    Location
    Moscow, Russia
    Posts
    10,394

    Re: Investment advice...

    Quote Originally Posted by Reds4Life View Post
    That's only about 2-3% increase. It's generally not a good idea to buy something when it's at historic highs.
    <devil's advocate> The early 80's was the historic high and were not there yet. We're in a rare economic period. The international currency system looks shakey, etc...</da>

    I wouldn't be comfortable about buying gold at this price. Yet I wouldn't be suprised if it went higher.


  2. Turn Off Ads?
  3. #47
    Potential Lunch Winner Dom Heffner's Avatar
    Join Date
    May 2001
    Location
    Tampa, FL
    Posts
    7,222

    Re: Investment advice...

    I'm not sure what all these peolpe think they are going to do with their gold.

  4. #48
    Danger is my business! oneupper's Avatar
    Join Date
    Jun 2004
    Location
    Florida
    Posts
    8,257

    Re: Investment advice...

    Quote Originally Posted by Dom Heffner View Post
    I'm not sure what all these peolpe think they are going to do with their gold.
    King Tut had the right idea. Take it with you!
    "A person is smart. People are dumb, panicky, dangerous animals and you know it."

    http://dalmady.blogspot.com

  5. #49
    Member
    Join Date
    Jul 2006
    Location
    New York, NY
    Posts
    9,419

    Re: Investment advice...

    If you buy gold, it shouldn't be more than 10% of your total savings. So, to invest $10K in gold (assuming you only have $100K) would be a good idea.

  6. #50
    Member
    Join Date
    May 2000
    Location
    Moscow, Russia
    Posts
    10,394

    Re: Investment advice...

    Quote Originally Posted by Dom Heffner View Post
    I'm not sure what all these peolpe think they are going to do with their gold.
    FTR, I'm not a gold bug but....what are you going to do with mortgage-backed-securities and credit-default swaps?

    That's the upside to precious metals, you always have something. It's never marked down to zero.

  7. #51
    Retired
    Join Date
    Apr 2001
    Location
    Cincinnati, OH
    Posts
    3,934

    Re: Investment advice...

    Quote Originally Posted by Rojo View Post
    FTR, I'm not a gold bug but....what are you going to do with mortgage-backed-securities and credit-default swaps?

    That's the upside to precious metals, you always have something. It's never marked down to zero.
    This.

    I have been selling most of my gold, but I had actual physical gold. Sitting in my safe, and it was mine. Not a piece of paper, or a number in a random account on a computer screen.


Turn Off Ads?

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Board Moderators may, at their discretion and judgment, delete and/or edit any messages that violate any of the following guidelines: 1. Explicit references to alleged illegal or unlawful acts. 2. Graphic sexual descriptions. 3. Racial or ethnic slurs. 4. Use of edgy language (including masked profanity). 5. Direct personal attacks, flames, fights, trolling, baiting, name-calling, general nuisance, excessive player criticism or anything along those lines. 6. Posting spam. 7. Each person may have only one user account. It is fine to be critical here - that's what this board is for. But let's not beat a subject or a player to death, please.

Thank you, and most importantly, enjoy yourselves!


RedsZone.com is a privately owned website and is not affiliated with the Cincinnati Reds or Major League Baseball


Contact us: Boss | Gallen5862 | Plus Plus | Powel Crosley | RedlegJake | The Operator