Is now the time to give up on PMs and look to the stock market?

Inverse ETFs are highly risky and many warn that they should be used only by experienced investors on a day trading basis. They are not buy and hold instruments.

 

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There is a mystical power at work out there. 130,000,000 complete morons, individually, can go out and vote for people making policy, themselves pretty moronic, and somehow it all turns out okay.

 

The irony of the entire market is that there are more mutual funds/indexes than there are stocks. I think that became a thing in early 2017.

So with Mutual Funds now having to maintain their mandate it pulls all those stocks into their coffers. ETFs are now doing the same thing.

Just because you get "in" the market, doesn't mean you can't get "out of" the market when you wish. Mutual Funds kinda delay buy/sells but it still happens. I play my retirement accounts like this but just longer time frames as I keep a 3 month trading strategy to prevent additional trading fees.

With companies making record profits due to accounting changes it just warrants the stock valuations to increase. Though with the recent tariff scenario, etc that can also impact revenue, and thus profit. So we'll see this next 2-3 quarters in company earnings what is going to happen and how the market reacts.

 

https://qz.com/967554/the-five-universal-laws-of-human-stupidity/

 

Just like you.

 

In the last couple of years the dope stocks have blown most else out of the water, allowing anyone to build a nice gold and silver coin collection. I don't think we'll see any more big price spikes until the US legalizes. The Reefer Madness folk know this is a dot com bubble as the market has been cunningly destroyed by Heath Canada doling out too many grow permits which will over supply the market like in Oregon. I think it took a decade to get the dot com to bust and we have just had the first two good years with dope.
Before entering the market I used to think that in short order you would see from the immediate results whether a decision was good or bad. The reality is that you'll never know. Only after whomever inherits and sells my coins for more than I paid, will anyone be able to say that it was a good decision to sell dope stocks and buy a few coins.

 

Perception becomes reality somtimes.

 

I think they would rather believe in past performance because they figure what was good then is still going to be good now and in the future. So they ignore the disclaimer that past performance is no guarantee of future performance. You would think the dotcom bubble would have taught them that.

My portfolio is mostly mutual funds, but I bought stocks based more or less on the Buffet model--buy into a company that you see or hear a lot of people use or talk about.

 

I LOVE this article.

 

Do not allow this thread to go political ~ Read the Rules!

 

Stock market has always and likely will always be the best way to make money on an investment. Gold and silver should not be used to make money but rather hold money.

I know many if not all already know this but the title of the thread had me slightly perplexed.

 

Just like a Twilight Zone episode, given enough time the things we cherish as wealth today could be worth squat in the future. It all depends on your life expectancy.

 

The most hilarious thing about self-anointed Great Correctors is how they become the very thing they purport to be correcting.

Law 4: Non-stupid people always underestimate the damaging power of stupid individuals. In particular non-stupid people constantly forget that at all times and places and under any circumstances to deal and/or associate with stupid people always turns out to be a costly mistake.

 

Whoa! “Shift gears”, “vehicle”, “parked funds”, all in one paragraph. You’re a car guy, huh?

 

You’re absolutely correct! Time to put you on “ignore”. Buh-bye!

 

Very few people do math in public, and even fewer should.

 

There, fixed it. You’re welcome.

 

"Like" Clickbait again?? Good thing they are of no value.

 

think

... puppies ...