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Registered
Join Date: Nov 2007
Posts: 6,274
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Sell my winners and buy?
Is now the time to buy Gold?
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Back in the saddle again
Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 55,762
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what for, as an investment? Warren Buffet (among others) doesn't consider gold an investment.
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Steve '08 Boxster RS60 Spyder #0099/1960 - never named a car before, but this is Charlotte. '88 targa ![]() |
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Registered
Join Date: Dec 2005
Location: Pine Mountain Georgia
Posts: 844
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I am with you. 16,500. I mean really, 16 thousand. When it starts going the other way- where does it stop. Gold, I don't know. I have bought some silver lately and some silver mining company stocks. One actually pays a good dividend.
When stocks are tanking- what do bonds do? I just hate buying stocks when they are sitting on 52 week highs. But most decent stocks are there or almost there. I have bought some GE, Southern Co. and Aflac lately. Not exactly pushing the risk envelope.
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1990 Wanderlodge PT-40 75 911S Silver Anniversary 1952 MGTD 1983 Mercedes 300 TD 1969 Lincoln |
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Registered
Join Date: Sep 2001
Location: Dismal Nitch, AZ
Posts: 9,042
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According to some learned folks on FBN this morning, buy gold at this price.
. Edit: I will buy more manana.
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Don . "Fully integrated people, in their transparency, tend to not be subject to mechanisms of defense, disguise, deceit, and fraudulence." - - Don R. 1994, an excerpt from My Ass From a Hole in the Ground - A Comparative View Last edited by Don Ro; 12-31-2013 at 05:49 PM.. |
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Registered
Join Date: Jan 2012
Location: NW Ohio
Posts: 9,733
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What's gold currently at to tempt you ?
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Band.
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please buy mine. If you want some silver or mining stuff please make an offer as well.
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1983 SC Coupe 1963 BMW R60/2 1972 Triumph Tiger 1995 Triumph Daytona SuperIII |
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No Band
Join Date: May 2007
Location: The Casino
Posts: 3,901
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Buy low, sell high...
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"HEY A$$MAN!!!" ![]() |
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Bollweevil
Join Date: Dec 2003
Location: Fulshear, Texanistan
Posts: 3,361
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I'm taking a close look at tulips.....
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Jack 74 911 Coupe 2.7L - K21 Option - S suspension |
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Back in the saddle again
Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 55,762
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Quote:
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Bill is Dead.
Join Date: Jul 2005
Location: Alaska.
Posts: 9,633
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Gold Bulls Retrench as Price Drops Most in 32 Years
By Debarati Roy 2013-12-31 Hedge funds got less bullish on gold for the seventh time in eight weeks as the U.S. economy strengthens and inflation fails to accelerate, driving prices to the biggest annual drop in more than three decades. Investors pulled $38.6 billion from gold funds this year, the most in data going back through 2000, according to EPFR Global, a research company. Gold Bulls Retrench as Price Drops Most in 32 Years: Commodities - Bloomberg
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-.-. .- ... .... ..-. .-.. -.-- . .-. The souls of the righteous are in the hand of God, and no torment will ever touch them. |
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Registered User
Join Date: Jan 2011
Location: Ulm, Deutschland
Posts: 443
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gold is way off its highs that we saw a couple years ago. with few signs of an economic crash on the horizon, I just do not see gold making a run anytime soon.
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Registered
Join Date: Nov 2003
Location: South West Florida
Posts: 2,508
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I bought a little this year. I'm in around $1280 so I'm down, but its a very tiny amount of my investments. Less than 1% of my investable assets. I'm going to buy a little every month for a while and just average in. I think I'll go up to 2% in the next year and then just let it sit.
I like that I can pay cash and there is no record if I purchase less than $10,000 at a time, same in selling. But I do have records if I need to show a loss. It will most likely always be worth something, I still have a tech stock from 2000 that isn't. Like everyone my stock investments are way up, I'm sitting on more cash than usual and having trouble figuring out where to put it. Not a bad problem to have, but not very efficient.
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2000 Boxster S (gone) 1972 911s Targa (sold) 1971 911t coupe roller (sold) 1973 911t coupe / 3.2 (sold) Gruppe B #057 |
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Bollweevil
Join Date: Dec 2003
Location: Fulshear, Texanistan
Posts: 3,361
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Same boat. And I have two bonds maturing in the next 3 months (both in the 6% interest range) and no idea where to put it at the moment. Not pulling any more out of the stock market but definitely not putting any more in it either. The FED has markets so screwed up one doesn't know whether to s**t or go blind these days..
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Jack 74 911 Coupe 2.7L - K21 Option - S suspension |
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i'm just a cook
Join Date: Apr 2006
Location: downtown vernon,central new york
Posts: 4,868
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invest in colts.
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Registered
Join Date: Mar 2009
Location: KINGSTON,PA
Posts: 1,642
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Geldings or fillies?
![]() Oh, and how far is your restaurant from Scranton/Wilkes-Barre? Me and the boys are coming for the pizza(and other food and cocktails, well a lot of cocktails) Your pics of chow at your place requires a road trip! Matt
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94 turbo 3.6 74 carrera RS race car 05 denali XL "We are here to laugh at the odds and live our lives so well that Death will tremble to take us." Charles Bukowski Last edited by matt f; 01-01-2014 at 02:10 PM.. |
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i'm just a cook
Join Date: Apr 2006
Location: downtown vernon,central new york
Posts: 4,868
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scranton to the only cafe is about 150 miles give or take.
call and let me know when. https://www.facebook.com/pages/The-Only-Cafe/239405377175 |
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Banned
Join Date: Sep 2013
Posts: 546
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The best investment strategy is to ask tabs for advice.
Then do the exact opposite. |
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