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<p>[QUOTE="fatima, post: 1364980, member: 22143"]I gave my reasons which you conveniently completely ignore and then take the comments completely out of context. Why don't you actually address what I posted? That context was that I only address long term investing here which should be the mode for bullion buyers. </p><p><br /></p><p>Lets keep in mind the title of this topic. is <u>"Investing for the <b>Far Off </b>Future"</u>. The 50% change in BAC's stock price in 1 month should be very worrying to anyone considering this for a long term buy. Furthermore these price change in BAC are on extremely low volume, i.e. 2.5% of the shares. If you don't understand why that's important, then go look it up. It's not something that inspires confidence and why I say that for long investing, stocks are to be avoided because nobody can say what they will do tomorrow. </p><p><br /></p><p>I don't consider 6 months to be long term either, but since we don't seemingly care about context, when I made that commentary about BAC, the stock was $9.71. This is a loss of 19%. In comparison, Gold was $1650 at the time. This is a gain of 4% if you had bought gold at the time and you would be 23% ahead of the BAC buyer. I recommend that anyone here who believes in this bank for a long term investment, go ahead and sell the gold you had back in August and buy BAC. As I've said before talk it cheap. It's the actions that separate the men from the boys.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1364980, member: 22143"]I gave my reasons which you conveniently completely ignore and then take the comments completely out of context. Why don't you actually address what I posted? That context was that I only address long term investing here which should be the mode for bullion buyers. Lets keep in mind the title of this topic. is [U]"Investing for the [b]Far Off [/b]Future"[/U]. The 50% change in BAC's stock price in 1 month should be very worrying to anyone considering this for a long term buy. Furthermore these price change in BAC are on extremely low volume, i.e. 2.5% of the shares. If you don't understand why that's important, then go look it up. It's not something that inspires confidence and why I say that for long investing, stocks are to be avoided because nobody can say what they will do tomorrow. I don't consider 6 months to be long term either, but since we don't seemingly care about context, when I made that commentary about BAC, the stock was $9.71. This is a loss of 19%. In comparison, Gold was $1650 at the time. This is a gain of 4% if you had bought gold at the time and you would be 23% ahead of the BAC buyer. I recommend that anyone here who believes in this bank for a long term investment, go ahead and sell the gold you had back in August and buy BAC. As I've said before talk it cheap. It's the actions that separate the men from the boys.[/QUOTE]
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