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Do you guys all own gold/ precious metals?
Poast new message in this thread
Date: May 31st, 2023 8:56 AM Author: cobalt nibblets 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? |
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Date: May 31st, 2023 9:21 AM Author: Mahogany Irradiated Preventive Strike Why on earth would real estate be fick750keb (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374471) |
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Date: May 31st, 2023 9:24 AM Author: Bespoke library 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 |
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Date: May 31st, 2023 9:47 AM Author: hilarious stirring multi-billionaire international law enforcement agency 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) |
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Date: May 31st, 2023 3:08 PM Author: Bespoke library 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) |
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Date: May 31st, 2023 3:10 PM Author: appetizing cruel-hearted kitchen foreskin "- overall cost of materials and labor will continue to rise in excess of inflation" loses 20% on real estate. oops, haha, oh well |
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Date: May 31st, 2023 9:48 AM Author: glittery zippy shrine real estate does not = residential.
there is commercial and more importantly, RAW LAND.
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Date: May 31st, 2023 9:07 AM Author: crimson bonkers cumskin tank 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) |
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Date: May 31st, 2023 9:07 AM Author: Lilac garrison Lots of copper jacketed lead, does that count? (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374434) |
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Date: May 31st, 2023 9:10 AM Author: crimson bonkers cumskin tank that he'll never use lmao (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374447) |
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Date: May 31st, 2023 9:08 AM Author: Translucent painfully honest crackhouse rofl turd, birdshit free thread (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374435) |
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Date: May 31st, 2023 9:36 AM Author: Exciting violent stage mood 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) |
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Date: May 31st, 2023 9:40 AM Author: Sooty razzmatazz regret 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. |
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Date: May 31st, 2023 9:44 AM Author: magenta curious sound barrier really tough guy 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) |
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Date: May 31st, 2023 9:46 AM Author: Cerebral apoplectic hissy fit (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374525) |
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Date: May 31st, 2023 9:44 AM Author: iridescent dashing liquid oxygen station 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) |
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Date: May 31st, 2023 9:46 AM Author: crimson bonkers cumskin tank gold is up +500% since 2000. It's the only asset without counter party risk. |
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Date: May 31st, 2023 9:49 AM Author: glittery zippy shrine 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. |
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Date: May 31st, 2023 9:50 AM Author: magenta curious sound barrier really tough guy 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) |
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Date: May 31st, 2023 10:20 AM Author: crimson bonkers cumskin tank 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. |
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Date: May 31st, 2023 9:52 AM Author: iridescent dashing liquid oxygen station 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 |
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Date: May 31st, 2023 9:52 AM Author: wonderful office 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) |
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Date: May 31st, 2023 9:53 AM Author: iridescent dashing liquid oxygen station (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374545) |
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Date: May 31st, 2023 9:32 PM Author: bright charismatic patrolman 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. |
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Date: May 31st, 2023 9:38 PM Author: iridescent dashing liquid oxygen station 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) |
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Date: May 31st, 2023 9:53 AM Author: magenta curious sound barrier really tough guy . (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374546) |
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Date: May 31st, 2023 10:03 AM Author: Wild abusive resort You sound like a retarded person (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46374574) |
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Date: May 31st, 2023 9:27 PM Author: cobalt nibblets Ty (http://www.autoadmit.com/thread.php?thread_id=5348379&forum_id=2#46377290) |