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<p>[QUOTE="Clawcoins, post: 2962882, member: 77814"]No.</p><p>Stock picking is not easy. First of all you have to remove emotions and biases (which many don't do with PMs or stocks).</p><p><br /></p><p>But you can at least calculate out and developing trending analysis based on factual data. That doesn't exist for PMs.</p><p><br /></p><p>For instance I have a list of stocks that I follow that may be up and coming.</p><p>Last year one looked like it was getting ready to move up as it broke above $10. They were getting market share, expanding their markets, etc etc. thus increasing their Revenues and Profits. So I started heavily buying in at $15 /share. They're above $40 now and they are continuing to expand markets, etc. It's a hold for the foreseeable future. They may even be bought out which normally brings a 40% premium.</p><p><br /></p><p>If I pick a stock and it retreats 7% I sell. Period, with few exceptions. Sell it to preserve cash. The cost of entry/exit is just a click of a button and a few dollars for hundreds of shares. Can't say that with PMs.</p><p><br /></p><p>With PMs though you don't get class action law suits, shady accounting practices, refiling quarterly results, etc. (Valeant, GoPro, Lumber Liquidators for examples) So PMs have an upside with less risk.</p><p><br /></p><p><br /></p><p>FYI, this is a bit more accurate on the bet he made .. <a href="https://www.cnbc.com/2017/09/18/warren-buffett-won-2-million-from-a-bet-that-he-made-ten-years-ago.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.cnbc.com/2017/09/18/warren-buffett-won-2-million-from-a-bet-that-he-made-ten-years-ago.html" rel="nofollow">https://www.cnbc.com/2017/09/18/warren-buffett-won-2-million-from-a-bet-that-he-made-ten-years-ago.html</a></p><p><br /></p><p>but properly selected types of index funds can outperform S&P. But if you have more aggressive funds, then in a downturn then can lose more than the s&p 500. but maybe lose less than the s&p 100 or 50.</p><p><br /></p><p>I think all of most my index funds have outperformed s&p 500 easily as I also have $$ into a s&p 500 funds so I have an easy comparison (21.79% for my s&p500 vs my lowest other fund at 21.68% up to 32.94% @1yr). And there were even more aggressive higher returns specialty funds out there too but I don't like the risks as you have to pull them out when they peak.</p><p><br /></p><p>Individual stocks is different though from any type of Stock Fund. A stock fund is a mix of stocks, whereas an individual stock stands on it's own.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 2962882, member: 77814"]No. Stock picking is not easy. First of all you have to remove emotions and biases (which many don't do with PMs or stocks). But you can at least calculate out and developing trending analysis based on factual data. That doesn't exist for PMs. For instance I have a list of stocks that I follow that may be up and coming. Last year one looked like it was getting ready to move up as it broke above $10. They were getting market share, expanding their markets, etc etc. thus increasing their Revenues and Profits. So I started heavily buying in at $15 /share. They're above $40 now and they are continuing to expand markets, etc. It's a hold for the foreseeable future. They may even be bought out which normally brings a 40% premium. If I pick a stock and it retreats 7% I sell. Period, with few exceptions. Sell it to preserve cash. The cost of entry/exit is just a click of a button and a few dollars for hundreds of shares. Can't say that with PMs. With PMs though you don't get class action law suits, shady accounting practices, refiling quarterly results, etc. (Valeant, GoPro, Lumber Liquidators for examples) So PMs have an upside with less risk. FYI, this is a bit more accurate on the bet he made .. [url]https://www.cnbc.com/2017/09/18/warren-buffett-won-2-million-from-a-bet-that-he-made-ten-years-ago.html[/url] but properly selected types of index funds can outperform S&P. But if you have more aggressive funds, then in a downturn then can lose more than the s&p 500. but maybe lose less than the s&p 100 or 50. I think all of most my index funds have outperformed s&p 500 easily as I also have $$ into a s&p 500 funds so I have an easy comparison (21.79% for my s&p500 vs my lowest other fund at 21.68% up to 32.94% @1yr). And there were even more aggressive higher returns specialty funds out there too but I don't like the risks as you have to pull them out when they peak. Individual stocks is different though from any type of Stock Fund. A stock fund is a mix of stocks, whereas an individual stock stands on it's own.[/QUOTE]
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