1. 03-15-11 11:07 PM #1
    clip1
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    Is gold a sound investment?

    seems to keep on going up over years, not one loosing year in past 10
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  2. 03-15-11 11:07 PM #2
    muldoon
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    If you have a time machine and can go back to 2002 and buy it.

    If you're worried about the world going to hell, buy bullets and gasoline.
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  3. 03-15-11 11:18 PM #3
    clip1
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    no not worried about world going to hell, if I could go back to buy it around 250's somewhere, i wish i had a time machine
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  4. 03-15-11 11:21 PM #4
    Strange Design
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    Gold prices are on a little bit of a dip right now. Watch it for the next couple weeks as the Japan and Libya situations play out and there might be a good buying opportunity.
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  5. 03-15-11 11:22 PM #5
    flyingillini
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    I am investing a ton of money in a company that is about to go Public....
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  6. 03-15-11 11:35 PM #6
    clip1
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    IPOs some times are dangerous, no? which ones hot right now? again, back 10-11 years ago they where the thing to invest into not anymore i hear
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  7. 03-15-11 11:40 PM #7
    dtp
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    Gold is very solid. You can't go wrong there.
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  8. 03-15-11 11:41 PM #8
    flyingillini
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    Quote Originally Posted by clip1 View Post
    IPOs some times are dangerous, no? which ones hot right now? again, back 10-11 years ago they where the thing to invest into not anymore i hear
    It all depends.. I have made a ton of money this way and I have also lost a ton... Hit and miss you just never know...This one is a good one though..
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  9. 03-15-11 11:42 PM #9
    Waterstpub87
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    Quote Originally Posted by clip1 View Post
    IPOs some times are dangerous, no? which ones hot right now? again, back 10-11 years ago they where the thing to invest into not anymore i hear
    Depends. Dangerous as risky, then yes. But thats what makes them profitable. IPOs have a tendency to dips the first few days after offering but then the market will better determine a price. Think of it as betting an opener. It could move against you or with you. If it moves with you its a great bet.
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  10. 03-15-11 11:42 PM #10
    DiggityDaggityDo
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    Quote Originally Posted by flyingillini View Post
    I am investing a ton of money in a company that is about to go Public....
    Gee, thanks for the heads up.
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  11. 03-15-11 11:49 PM #11
    Dutch
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    If you get in, get in for the short haul. Gold is in the middle of a bubble. Just like real estate last decade, just like tech stocks in the 90's....It might burst next year, it might not burst for 5 yrs, it might not burst at all but reach a ceiling and when that happens you might as well put your money in boring as bonds.

    Find a stock, I use WHR, I buy it mid $70's, sell it mid $80's. It fluctuates constantly like all stocks do. Find a stock, learn it's movement...A man can make a living buying and selling the same stock over and over. I don't know why more people aren't doing it.
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  12. 03-15-11 11:59 PM #12
    clip1
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    Dutch i'm thinking you probably make 10000-20000 on the sale of that stock yearly, doesn't IRS kills you on that sale?
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  13. 03-16-11 01:39 PM #13
    Dutch
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    Quote Originally Posted by clip1 View Post
    Dutch i'm thinking you probably make 10000-20000 on the sale of that stock yearly, doesn't IRS kills you on that sale?

    Yeah, they get me. I have a mad scientist that does my taxes. I'll probably end up doing time for some of the shit he puts down for write offs.
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