Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
I WANT TO BUY SOME GOLD but I AM A LITTLE SCARED
>
Reply to Thread
Message:
<p>[QUOTE="GoldFinger1969, post: 2489550, member: 73489"]Doesn't matter, you go with the LEAST BAD and invest prudently with diversification.</p><p><br /></p><p><br /></p><p><br /></p><p><b><span style="color: #00b359">There are lots of quality bond funds paying 3-5%.</span></b></p><p><br /></p><p>There are also quality bond closed-end funds (CEFs) which pay 5-9% or so. Both leveraged and non-leveraged.</p><p><br /></p><p><b><span style="color: #4d4dff">A quick list in order of least-to-more risky: IGI/ICB/VBF/MIN.....MCR/DUC/FPF.....DSL/DSU/EHI.....I own or have owned all of these for years.</span></b></p><p><br /></p><p><b><span style="color: #00b359">Dividend-paying stocks are a winner.</span></b> RDS-B and BP are fine. Lots of others, energy and non-energy that pay DOUBLE the 10-year Treasury rate, unheard of a few years ago.</p><p><br /></p><p><br /></p><p><br /></p><p><b><i><span style="color: #ff0000">Gold is a SPECULATION, not an INVESTMENT !!!</span></i></b></p><p><br /></p><p><br /></p><p><br /></p><p>Total production costs are always HIGHER and many of the factors that drive gold higher increase the COSTS OF MINING even higher. That's what happened from 2001-15. <b>Tens of billions in gold CAPX wasted.</b></p><p><br /></p><p><br /></p><p><br /></p><p><b><i>Please invest in a balanced investment portfolio: 60% stocks, 40% bonds. If you are very conservative, 40% stocks, 60% bonds.</i></b></p><p><br /></p><p>Invest/speculate with your excess $$$ by buying bullion coins or classic gold/silver. Make sure YOU LIKE ANY NUMISMATIC or bullion coins even if the price gets cut in 1/2 in 5 or 10 years (unlikely IMO, but a good precaution).[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 2489550, member: 73489"]Doesn't matter, you go with the LEAST BAD and invest prudently with diversification. [B][COLOR=#00b359]There are lots of quality bond funds paying 3-5%.[/COLOR][/B] There are also quality bond closed-end funds (CEFs) which pay 5-9% or so. Both leveraged and non-leveraged. [B][COLOR=#4d4dff]A quick list in order of least-to-more risky: IGI/ICB/VBF/MIN.....MCR/DUC/FPF.....DSL/DSU/EHI.....I own or have owned all of these for years.[/COLOR][/B] [B][COLOR=#00b359]Dividend-paying stocks are a winner.[/COLOR][/B] RDS-B and BP are fine. Lots of others, energy and non-energy that pay DOUBLE the 10-year Treasury rate, unheard of a few years ago. [B][I][COLOR=#ff0000]Gold is a SPECULATION, not an INVESTMENT !!![/COLOR][/I][/B] Total production costs are always HIGHER and many of the factors that drive gold higher increase the COSTS OF MINING even higher. That's what happened from 2001-15. [B]Tens of billions in gold CAPX wasted.[/B] [B][I]Please invest in a balanced investment portfolio: 60% stocks, 40% bonds. If you are very conservative, 40% stocks, 60% bonds.[/I][/B] Invest/speculate with your excess $$$ by buying bullion coins or classic gold/silver. Make sure YOU LIKE ANY NUMISMATIC or bullion coins even if the price gets cut in 1/2 in 5 or 10 years (unlikely IMO, but a good precaution).[/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
>
I WANT TO BUY SOME GOLD but I AM A LITTLE SCARED
>
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...