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<p>[QUOTE="desertgem, post: 1364027, member: 15199"]So those who said Bank of America was a real mistake, going under, worthless in December ( about $5.00 on Dec 20) were the right ones to follow and it was a bad case ? Go back and look in the old threads to see who said that ( many are posting the same crud in this thread about stocks ). Now BAC is 7.45, a gain of almost 50% and probably a gain exit point. Making Gold look the best it can , lets use the low of 1524 on 12/29 and see it today at 1762. Respectful indeed , but a gain of 15.6%. </p><p><br /></p><p>If you are investing to increase your financial situation, you need to use many different instruments and not fall in love with any of them. Buy when appropriate, but sell when you reach the gain exit point or the loss exit point. Do not fall in love with stocks, nor with gold. If you are in love with the glitter rather than your account balance, follow your lust and ignore better choices. As in life, you will probably be disappointed in the end. Best wishes.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1364027, member: 15199"]So those who said Bank of America was a real mistake, going under, worthless in December ( about $5.00 on Dec 20) were the right ones to follow and it was a bad case ? Go back and look in the old threads to see who said that ( many are posting the same crud in this thread about stocks ). Now BAC is 7.45, a gain of almost 50% and probably a gain exit point. Making Gold look the best it can , lets use the low of 1524 on 12/29 and see it today at 1762. Respectful indeed , but a gain of 15.6%. If you are investing to increase your financial situation, you need to use many different instruments and not fall in love with any of them. Buy when appropriate, but sell when you reach the gain exit point or the loss exit point. Do not fall in love with stocks, nor with gold. If you are in love with the glitter rather than your account balance, follow your lust and ignore better choices. As in life, you will probably be disappointed in the end. Best wishes. Jim[/QUOTE]
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