Amazon Vs. Gold

Discussion in 'Bullion Investing' started by ilmcoins, Oct 30, 2018.

  1. ilmcoins

    ilmcoins Well-Known Member

    I am posting this to a very biased group!! If you had to hold it for the next five years, would you rather have one share of Amazon stock or 1.25 oz of gold? At today's prices, they are worth the same.
     
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  3. Clawcoins

    Clawcoins Well-Known Member

    5 Years?
    Do you want to hold bullion,
    or get an investment that could increase in overall value and may in the future start paying dividends?

    I'd probably get the AMZN though not right now $1530/sh as it's been tumbling since about $2,000/share

    hows that for biased?
     
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  4. CoinCorgi

    CoinCorgi Derp, derp, derp! Shinny!

    Can you stack Amazons?
     
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  5. SLACKACTION

    SLACKACTION UNION REPRESENTATIVE

  6. CoinCorgi

    CoinCorgi Derp, derp, derp! Shinny!

    hold what?
     
  7. SLACKACTION

    SLACKACTION UNION REPRESENTATIVE

    silver bullion
     
  8. Clawcoins

    Clawcoins Well-Known Member

    except his question was specifically AMZN vs GOLD.

    I thought about adding in other stocks but that would just muddy the question.
     
    SLACKACTION likes this.
  9. SLACKACTION

    SLACKACTION UNION REPRESENTATIVE

    COIN,,,,,,,,,,,your cat looks under fed
     
    CoinCorgi likes this.
  10. CoinCorgi

    CoinCorgi Derp, derp, derp! Shinny!

  11. redeyelou

    redeyelou Rollin' dimes

    I would take Amazon. That company is not going under. They don't only sell stuff on the Interwebs.

    Looking backwards, you would have almost quadrupled your money with Amazon if you bought it 5 years ago today. You would have lost a little bit with gold. But that is the past of course. I feel gold has too much of a ceiling 5 years from now.

    **This is my personal opinion and not financial advice for anyone...purchase either at your own risk and I take no responsibility for how much you make or don't make**

    Now let me go cash my Cisco dividend.
     
  12. CoinCorgi

    CoinCorgi Derp, derp, derp! Shinny!

    And buy GOLD!
     
    redeyelou likes this.
  13. redeyelou

    redeyelou Rollin' dimes

    Does that qualify for a Best Answer? ;)
     
  14. mkan20

    mkan20 New Member

    ill take the amazon stock over a 5 year stretch
     
  15. longarm

    longarm Just another Jewish Carpenter

    I'll take the gold, in fact I've been buying more gold lately and not a single share of Amazon.
     
  16. myownprivy

    myownprivy Active Member

    It's really just a bad question. Buying a single stock of a single company is foolish. Investing everything into gold is idiotic.

    If the question were would you rather have an ounce of gold or put $1225 into the market, the better answer is you should put it in the market.

    But I refuse to accept even that. I would use that $1225 to buy 1/10 oz of gold and put the remaining $1100 into ETFs of stocks and bonds.
     
  17. ilmcoins

    ilmcoins Well-Known Member

    I was having some fun. It could have been a general market comparison just the same. I was talking with a guy that has 100% of his investments (a big number) in PMs and is gambling on the next "pop". He takes the opposite approach that I do when it comes to investing. We had a fun conversation. It just so happened that Amazon was the stock we picked for the discussion. Could have been and S&P Fund just as easy. I was curious what the bullion guys would say here and I thought more would be leaning more towards his school of thought.
     
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