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babbleonParticipant
I am not going to proclaim to be a wise investor. My strategy is to get sound advice from those who are.
I’ll put it this way…every person who informed me of the real estate bubble years before it popped has now recommended buying gold, and lots of it. These people are good at studying historical trends and knowing where to invest before the herds get there and when to sell once the herds are in for the ‘easy money’.
Buy an ETF like GLD. If you like to invest in your own wisdom, buy a book called ‘America’s Bubble Economy’.
babbleonParticipantI am not going to proclaim to be a wise investor. My strategy is to get sound advice from those who are.
I’ll put it this way…every person who informed me of the real estate bubble years before it popped has now recommended buying gold, and lots of it. These people are good at studying historical trends and knowing where to invest before the herds get there and when to sell once the herds are in for the ‘easy money’.
Buy an ETF like GLD. If you like to invest in your own wisdom, buy a book called ‘America’s Bubble Economy’.
babbleonParticipantI am not going to proclaim to be a wise investor. My strategy is to get sound advice from those who are.
I’ll put it this way…every person who informed me of the real estate bubble years before it popped has now recommended buying gold, and lots of it. These people are good at studying historical trends and knowing where to invest before the herds get there and when to sell once the herds are in for the ‘easy money’.
Buy an ETF like GLD. If you like to invest in your own wisdom, buy a book called ‘America’s Bubble Economy’.
babbleonParticipantI am not going to proclaim to be a wise investor. My strategy is to get sound advice from those who are.
I’ll put it this way…every person who informed me of the real estate bubble years before it popped has now recommended buying gold, and lots of it. These people are good at studying historical trends and knowing where to invest before the herds get there and when to sell once the herds are in for the ‘easy money’.
Buy an ETF like GLD. If you like to invest in your own wisdom, buy a book called ‘America’s Bubble Economy’.
babbleonParticipantThat makes a lot of sense. Why are these ‘major investors’ being forced to sell…strictly because the demand is there from the decline crowd? or is there something else going on?
I have done as much research as I can and have found very few articles on the fact that foreign central banks are potentially manipulating the gold market. They hold a large share of bullion.
babbleonParticipantThat makes a lot of sense. Why are these ‘major investors’ being forced to sell…strictly because the demand is there from the decline crowd? or is there something else going on?
I have done as much research as I can and have found very few articles on the fact that foreign central banks are potentially manipulating the gold market. They hold a large share of bullion.
babbleonParticipantThat makes a lot of sense. Why are these ‘major investors’ being forced to sell…strictly because the demand is there from the decline crowd? or is there something else going on?
I have done as much research as I can and have found very few articles on the fact that foreign central banks are potentially manipulating the gold market. They hold a large share of bullion.
babbleonParticipantThat makes a lot of sense. Why are these ‘major investors’ being forced to sell…strictly because the demand is there from the decline crowd? or is there something else going on?
I have done as much research as I can and have found very few articles on the fact that foreign central banks are potentially manipulating the gold market. They hold a large share of bullion.
babbleonParticipantThat makes a lot of sense. Why are these ‘major investors’ being forced to sell…strictly because the demand is there from the decline crowd? or is there something else going on?
I have done as much research as I can and have found very few articles on the fact that foreign central banks are potentially manipulating the gold market. They hold a large share of bullion.
babbleonParticipantThanks for your response. I have some diversification…I guess my main question is would something like GLD drop if the market drops? It’s traded like a stock but is based on holdings of bullion.
I like the idea of the ETF in general because it’s relatively inexpensive IMO and there are plenty of options to cover categories such as commodities, healthcare, etc.
Here’s my inexperience for you but is there a way to diversify with an IRA in something other than stocks, bonds or mutual funds?
Every time I ask the company where I hold the account they seem to point me back in that direction.
babbleonParticipantThanks for your response. I have some diversification…I guess my main question is would something like GLD drop if the market drops? It’s traded like a stock but is based on holdings of bullion.
I like the idea of the ETF in general because it’s relatively inexpensive IMO and there are plenty of options to cover categories such as commodities, healthcare, etc.
Here’s my inexperience for you but is there a way to diversify with an IRA in something other than stocks, bonds or mutual funds?
Every time I ask the company where I hold the account they seem to point me back in that direction.
babbleonParticipantThanks for your response. I have some diversification…I guess my main question is would something like GLD drop if the market drops? It’s traded like a stock but is based on holdings of bullion.
I like the idea of the ETF in general because it’s relatively inexpensive IMO and there are plenty of options to cover categories such as commodities, healthcare, etc.
Here’s my inexperience for you but is there a way to diversify with an IRA in something other than stocks, bonds or mutual funds?
Every time I ask the company where I hold the account they seem to point me back in that direction.
babbleonParticipantThanks for your response. I have some diversification…I guess my main question is would something like GLD drop if the market drops? It’s traded like a stock but is based on holdings of bullion.
I like the idea of the ETF in general because it’s relatively inexpensive IMO and there are plenty of options to cover categories such as commodities, healthcare, etc.
Here’s my inexperience for you but is there a way to diversify with an IRA in something other than stocks, bonds or mutual funds?
Every time I ask the company where I hold the account they seem to point me back in that direction.
babbleonParticipantThanks for your response. I have some diversification…I guess my main question is would something like GLD drop if the market drops? It’s traded like a stock but is based on holdings of bullion.
I like the idea of the ETF in general because it’s relatively inexpensive IMO and there are plenty of options to cover categories such as commodities, healthcare, etc.
Here’s my inexperience for you but is there a way to diversify with an IRA in something other than stocks, bonds or mutual funds?
Every time I ask the company where I hold the account they seem to point me back in that direction.
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