General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsI have a few investments in the Market..
Its not a lot by a long shot
I invested in some gold Swiss francs back during the last recession and did pretty well..
I'm reading all over the place recently.. that Gold is a good investment now..
The threat of Trump dumping us into war we could never win and the fact that he probably will finish out his term and might be re-elected is a frightening truth!.. He will ruin our economy..No fucking doubt.
What do you guys think?
pbmus
(12,422 posts)Gold, Green, and Good Golly Miss Molly(thats a sure thingy, like certain new and upcoming businesses)
empedocles
(15,751 posts)t bills even when they paid near zero interest, I'm primarily interested in 'the return OF my investment'.
I have gold bought low in '03, and regret not buying silver then, as inflation hedges.
Have bear funds as a deflation hedge.
empedocles
(15,751 posts)a more reliable correlation is inflation and deflation numbers and expectations.
That is gold very likely will go up for inflation; down for deflation, even if the economy is declining.
Anecdotally, increased gold and silver advertisements on fox channels seem to indicate a good time to . . . not buy.
KayF
(1,345 posts)they make me think gold is for suckers.
TlalocW
(15,384 posts)Through an IRA and then some apps like Acorns and Stash. Things have been erratic, but I hope even Trump won't shit on the fact that there's never been a 12 year period where the market didn't finish higher at the end of it than at the beginning (according to an investment guy I know).
But I have a lot of silver coins that I'm saving for a rainy day. My understanding is that when the market does poorly then gold and silver become more valuable. I hope it doesn't come to that though.
TlalocW
empedocles
(15,751 posts)silver coins will be a more viable currency, i.e., a survival item.
TlalocW
(15,384 posts)I really don't want it to get that bad, but I also want t unload them at a high price. My 3 siblings and I tried to convince Mom to get rid of them a few years ago when silver almost hit $50 an ounce. I want to say it was around the 2012 elections when the more wack-a-doodle conservatives were convinced electing Obama again would bring about the apocalypse, but I could be wrong.
TlalocW
A HERETIC I AM
(24,371 posts)Would you also consider investing in Pork Bellies, Cotton, Wheat, Platinum, Frozen Concentrated Orange Juice and Crude Oil?
Gold is a store of value, not an investment
150 years ago, a $20 gold piece would buy you a finely tailored suit.
Today that exact same $20 gold piece will buy you a finely tailored suit.
JustABozoOnThisBus
(23,354 posts)Try that with pork bellies.
(I know nothing of investing, I let some investment house handle those things)
ProfessorGAC
(65,079 posts)IMO, the self investment thing is a fee grabbing plan by the marketing arm of the investment houses.
I wouldn't go to a guy with WebMD for a gall bladder problem.
Go to experts for their expertise.