The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Do you guys all own gold/ precious metals?
Poast new message in this thread
Date: May 31st, 2023 8:56 AM Author: maize heady half-breed native I am hearing more chatter about the need to move to precious metals or inflation tied bonds. Is it too late for that at this point? I am almost entire in stocks/ETFs.
Real estate also seems to be fucked? |
 |
Date: May 31st, 2023 9:21 AM Author: sadistic electric furnace forum Why on earth would real estate be fick750keb (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374471) |
|
Date: May 31st, 2023 9:24 AM Author: cream brunch coldplay fan real estate is a GREAT buy:
- prices are low due to high interest rates and reduced demand
- build quality, on average, is very good on new homes
- overall cost of materials and labor will continue to rise in excess of inflation
stock the fuck up now on new properties and turn them into rentals |
|
Date: May 31st, 2023 9:47 AM Author: know-it-all institution blood rage I'm doing a gut renovation on a rental right now and it SUCKS. These contractors are all corrupt as fuck (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374529) |
|
Date: May 31st, 2023 3:08 PM Author: cream brunch coldplay fan that's why you buy new, the days of 'good deals' on rehab projects is gone due to labor and material costs (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46375771) |
|
Date: May 31st, 2023 3:10 PM Author: Stirring olive menage toilet seat "- overall cost of materials and labor will continue to rise in excess of inflation" loses 20% on real estate. oops, haha, oh well |
|
Date: May 31st, 2023 9:48 AM Author: Adventurous magenta halford potus real estate does not = residential.
there is commercial and more importantly, RAW LAND.
|
Date: May 31st, 2023 9:07 AM Author: Bat-shit-crazy heaven water buffalo if you're not buying gold, you're not going to make it. (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374431) |
|
Date: May 31st, 2023 9:07 AM Author: galvanic philosopher-king Lots of copper jacketed lead, does that count? (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374434) |
|
Date: May 31st, 2023 9:10 AM Author: Bat-shit-crazy heaven water buffalo that he'll never use lmao (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374447) |
|
Date: May 31st, 2023 9:08 AM Author: brass rehab rofl turd, birdshit free thread (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374435) |
|
Date: May 31st, 2023 9:36 AM Author: rambunctious senate Yeah but I’m really partial to physical. “Gold miners” seem like flame and you’ll just end up liquidating when it goes up 50% (defeating the purpose of a hedge down the line) or Selling Low. (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374504) |
|
Date: May 31st, 2023 9:40 AM Author: fluffy associate Indeed, I do hold a balanced portfolio of investments, and yes, that includes gold and other precious metals. In the throbbing heart of economic uncertainty, such assets function as a reliable hedge against inflation. But it's crucial not to get overly enamored by them – after all, even gold isn't immune to fluctuations in market value.
Understanding the subtleties of asset diversification is essential, and while gold is traditionally regarded as a safe haven, the savvy investor knows to weigh potential gains against associated risks. If you place all your eggs in one golden basket, it can lead to catastrophic losses in an economic downturn.
While gold and silver undoubtedly possess a gleaming allure, one mustn't overlook the allure of other precious metals, such as palladium and platinum, or even the increasingly appealing world of digital assets like cryptocurrencies.
In essence, it's all about achieving the right blend of assets. Something akin to the perfect ensemble for a black-tie dinner. Each piece contributes to the overall aesthetic, yet none dominates to the point of garishness. You need the razor-sharp suit, the crisp white shirt, the perfect silk tie – each one meticulously chosen to work in harmony. An effective investment portfolio is assembled with the same level of precision and attention to detail.
Remember, the market is a ruthless jungle, and the apex predator is always the one with the most balanced approach. No single asset is a panacea, and the pursuit of wealth must be managed with the same relentless discipline and discerning eye as one’s personal presentation. |
|
Date: May 31st, 2023 9:44 AM Author: violent incel If your net worth ain't around your neck in gold chainz, why are you still alive? (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374520) |
|
Date: May 31st, 2023 9:46 AM Author: Floppy Sable Stage (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374525) |
|
Date: May 31st, 2023 9:44 AM Author: purple knife i like it a lot but globohomo has suppressed its price for many decades (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374522) |
|
Date: May 31st, 2023 9:46 AM Author: Bat-shit-crazy heaven water buffalo gold is up +500% since 2000. It's the only asset without counter party risk. |
|
Date: May 31st, 2023 9:49 AM Author: Adventurous magenta halford potus the ability to sell (to your supposed counterparty) is a serious risk for metals.
go look at the bid/ask spread compared to 'market value' for silver and--more so-gold. |
|
Date: May 31st, 2023 9:50 AM Author: violent incel u just go 2 'cash 4 gold' places 2 sell, what is the big deal? (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374535) |
|
Date: May 31st, 2023 10:20 AM Author: Bat-shit-crazy heaven water buffalo lol do not listen to this retarded Pole. Gold is extremely liquid. You can go to any local coin shop or pawn shop and sell a 1 oz American gold eagle or gold Buffalos no problem whatsoever. Krugerrands and Canadian Maple Leaf coins are also extremely liquid. Also, you can sell gold privately and avoid any tax issues that way as well. |
|
Date: May 31st, 2023 9:52 AM Author: purple knife as i said i like it but the return isn't so hot depending on the time period you judge it from. see 1980-1987 or even like 1974
https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart |
|
Date: May 31st, 2023 9:52 AM Author: Vigorous Shrine I used to have a whole standing safe full of the stuff but then tbf's insults were so biting and trenchant that I sold it all for SAMO (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374541) |
|
Date: May 31st, 2023 9:53 AM Author: purple knife (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374545) |
|
Date: May 31st, 2023 9:32 PM Author: elite infuriating abode jewess To be fair,
Amazing that you of all people have the "chutzpah" (as your people say) to bump this this poast "pwning" me telling people to buy BTC/ETH/SOL.
Do we really need to do the "how have my financial calls performed vs how have your financial calls performed over the last decade" analysis again? It always turns out terribly for you.
PS: You're literally (not figuratively, literally) a Jewish man married to a brown women with half Jewish / half brown kids. |
|
Date: May 31st, 2023 9:38 PM Author: purple knife sorry still trying to claw back some of my funds from ftx.us :( (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46377329) |
|
Date: May 31st, 2023 9:53 AM Author: violent incel . (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374546) |
|
Date: May 31st, 2023 10:03 AM Author: talented jet-lagged nursing home sneaky criminal You sound like a retarded person (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374574) |
|
Date: May 31st, 2023 9:27 PM Author: maize heady half-breed native Ty (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46377290) |