Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
ASE on ebay question
>
Reply to Thread
Message:
<p>[QUOTE="Cloudsweeper99, post: 1597416, member: 3011"]The comment was directed at all readers and not just the poster -- to get people thinking. My general and unscientific observation over the years has been that investments rarely outperform for more than a decade. Think PMs in the 1970s, Japanese stocks in the 80s, tech stocks in the 90s, etc... The darling asset class of one decade generally cools in the next. I think PMs have a couple of more years left, but who knows?</p><p><br /></p><p>What I learned from tech stocks in the 1990s is (1) a favored asset can rise longer and higher than anybody anticipates, (2) a tremendous amount of money can be made in this type of strong bull market, and (3) you have to get out when everything is working perfectly - no easy task. I hope I manage to do it. With tech stocks, the market "taught" investors that the way to make money was to buy on the dips. And this worked perfectly right up to the day when it stopped working and took everyone down 75% to 90% or more.</p><p><br /></p><p>It's something to think about.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1597416, member: 3011"]The comment was directed at all readers and not just the poster -- to get people thinking. My general and unscientific observation over the years has been that investments rarely outperform for more than a decade. Think PMs in the 1970s, Japanese stocks in the 80s, tech stocks in the 90s, etc... The darling asset class of one decade generally cools in the next. I think PMs have a couple of more years left, but who knows? What I learned from tech stocks in the 1990s is (1) a favored asset can rise longer and higher than anybody anticipates, (2) a tremendous amount of money can be made in this type of strong bull market, and (3) you have to get out when everything is working perfectly - no easy task. I hope I manage to do it. With tech stocks, the market "taught" investors that the way to make money was to buy on the dips. And this worked perfectly right up to the day when it stopped working and took everyone down 75% to 90% or more. It's something to think about.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
ASE on ebay question
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...