Why not mention gold?

[aberdeen]

https://www.yahoo.com/finance/news/i...203948946.html

[and4rik]

Calling stocks an investment is ludicrous. Stocks are a total gamble 100%, purely speculative. No single person or fund has any way of knowing what a company's value will be on any given day. Just look at Bud Light, company takes a major hit because of one dumb upper management decision. Or AMC meme stock. Only reason the entire market is not zero is because of the greater fool heard mentality of put money here. I place better odds on Vegas casino.

[yellowsnow]

Calling stocks an investment is ludicrous. Stocks are a total gamble 100%, purely speculative. No single person or fund has any way of knowing what a company's value will be on any given day. Just look at Bud Light, company takes a major hit because of one dumb upper management decision. Or AMC meme stock. Only reason the entire market is not zero is because of the greater fool heard mentality of put money here. I place better odds on Vegas casino.

sorry to inform you that wealthy class own mostly stock and equity of business which basically still a stock but not publicly traded as stocks. Even if we only look at pure definition of a stock (light blue bar), the rich people still hold a higher % of stock than the lower wealth classes. If we total the mutual fund, stock and business interest, the 1B+ club members have over 90% in stock equities

[goldtortoise]

While stocks can have their rollercoaster moments, it's not all a wild card. They're like riding the market waves, there's risk, but savvy investors ride the trends and do their homework. And remember, it's not all about quick gains, some folks play the long game and build solid portfolios.

[and4rik]

Again, 100% purely speculative. Tell me in a paragraph or two why any single stock is a certain dollar value, and why it is different than other stocks. You can't, any attempt will just be more mumbo jumbo P/E ratios, volumes, stock splits, losing value on increased revenues. Whatever. If it weren't for Congress and the SEC crypto would be the safest bet.

[everything1]

I like peer to peer transactions, but I usually do them in cash to keep them under the radar, kind of like a drug dealer, I acquired my AU/AG mostly this way. I love my gold, I won't sell it, I like all my tangibles. I enjoyed buying silver cheap and letting it go at higher prices. I've made peace with the index funds, I never liked them but I like the dividends of large cap, two energy companies I watch are DVN and PBR, hey, as long as the oil keeps flowing right? I own neither but they both pay a nice dividend. They and stocks, DJIA, etc. are ponzi in nature but as long as people keep funding them, and they are designed to pay you out slow with an income stream later in the life, we can live a long time.

Cryptocurrencies like Bitcoin work the same way as Ponzi schemes, according to critics like Roubini and Quinn, with new investors paying out early investors because no actual cash flows are being produced.

Recent allegations of fraud and crackdowns by regulators on crypto exchanges have dimmed the prospect that cryptocurrencies will bring about a revolution in finance. The industry is looking for a new purpose.

Here is a comparison to gold and bitcoin. Why does bitcoin go up in price, speculation, inflation?

https://www.nasdaq.com/articles/here...coin-will-fail

Here is a chart for the average bitcoin transaction fee.

https://ycharts.com/indicators/bitco...ransaction_fee

[motocat]

Calling stocks an investment is ludicrous. Stocks are a total gamble 100%, purely speculative.

Sounds like you have done bad with stocks, perhaps why you are anti-stock? One can say all investments are "speculative", or "gamble". So what, yes, life and the future is uncertain. Even the future market value of gold is not certain. I've done well with stocks and gold, not so much with bonds. That's why I think we should talk stocks and gold, not stocks and bonds.

[LongDonSilver]

Sounds like someone is in the buy high, sell low investment of the month club! Buy and hold is for losers, no matter what investment advisors love to tout. That's said so you can fund the smart guys that are selling to you at the top. What I'm implying is maybe do the reverse of what you have been doing. As Yogi once said " If you come to a fork in the road, take it". Or as I claim to have been first to say "If you come to a fork in the road, left is always right".

[motocat]

Sounds like someone is in the buy high, sell low investment of the month club! Buy and hold is for losers...

Problem is, perhaps the majority of traders, who think they are so smart - end up joining this "buy high, sell low" club, as they pretty much join the lemmings when it comes to the panics and good times. Being a member of such a club is usually the reason many turn against stocks. Now, however, I don't think "buy and hold" is for losers. It's actually worked better for most. This includes with gold.

I try to time my buys at the lows, both with gold and stocks, and as can be verified by my posts here over the years, I've done quite well in this regard. My biggest mistakes have been selling to soon, and also remember, if you sell, and then the run continues "to dah moon" (as is bound to happen given fiat inflation), you might "miss the train", and get stuck with "falling to zero" fiat digits.

To many on this forum are always thinking l like Chicken little, even in regards to gold value -- many of them have simply dropped out as a result, their number one mistake is to forget the basics of what our fiat dollar is - and those are the real "losers" (at least in financial terms) - those who forget what they should know better about given their presence here. Those who "buy and hold"*, may not be the lottery winners, however I would say they are generally at least holding their own, unlike the sourpusses who have abandoned the markets due to their "buy high, sell low" running with the lemmings....

*I agree "buy and hold" with bonds is a mistake, given their low interest rates at high valuations. If you are going to buy and hold, you should stick to a stocks and gold balance; unlike so many parroting financial advisors may tell people, bonds are for traders, not for safety, not for guaranteed income.

[Lawrence]

Sounds like someone is in the buy high, sell low investment of the month club! Buy and hold is for losers...

Problem is, perhaps the majority of traders, who think they are so smart - end up joining this "buy high, sell low" club, as they pretty much join the lemmings when it comes to the panics and good times. Being a member of such a club is usually the reason many turn against stocks. Now, however, I don't think "buy and hold" is for losers. It's actually worked better for most. This includes with gold.

I try to time my buys at the lows, both with gold and stocks, and as can be verified by my posts here over the years, I've done quite well in this regard. My biggest mistakes have been selling to soon, and also remember, if you sell, and then the run continues "to dah moon" (as is bound to happen given fiat inflation), you might "miss the train", and get stuck with "falling to zero" fiat digits.

To many on this forum are always thinking l like Chicken little, even in regards to gold value -- many of them have simply dropped out as a result, their number one mistake is to forget the basics of what our fiat dollar is - and those are the real "losers" (at least in financial terms) - those who forget what they should know better about given their presence here. Those who "buy and hold"*, may not be the lottery winners, however I would say they are generally at least holding their own, unlike the sourpusses who have abandoned the markets due to their "buy high, sell low" running with the lemmings....

*I agree "buy and hold" with bonds is a mistake, given their low interest rates at high valuations. If you are going to buy and hold, you should stick to a stocks and gold balance; unlike so many parroting financial advisors may tell people, bonds are for traders, not for safety, not for guaranteed income.

I've done quite well over the last 3 decades buying gold and silver on lows and holding. Also very well with I-Bonds and real estate. The bonds were purchased when they had around a 3% fixed rate, as well as being indexed to inflation. I also have a nice pension for fantom income and the company pays a large portion of the medical. I might ad that we have lived debt free for 30 year.

I know, not lottery numbers, but has made for a comfortable life, we feel blessed.

On a side note, I have not bought any silver since the premiums ran so high and now very little gold. Just some thoughts, slow and steady as she goes...