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is silver a bargain at $40 ?
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<p>[QUOTE="gboulton, post: 1247895, member: 27043"]More unprofessional opinions below. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> (Mostly just cuz I love talking this stuff)</p><p><br /></p><p><br /></p><p><br /></p><p>Same place it's always been...diversified between a pile of cash, a pile of precious metals, a pile of collectibles, and growth stock mutual funds with 20+ year track records of positive returns and stable management.</p><p><br /></p><p><br /></p><p><br /></p><p>You're correct as far as you go...but the question is as it's ALWAYS been :</p><p><br /></p><p>Do you wish to speculate over the short term, or invest over a long term?</p><p><br /></p><p>The former can certainly make you a pile of money in a hurry...it can also lose you a pile in a hurry. The latter is much less likely to make you rich quickly, but practiced well, much less risky.</p><p><br /></p><p>PERSONALLY (and this is just me) my investment decisions are guided by two principles:</p><p><br /></p><p>1) If you want to be wealthy, do what wealthy people do. Warren Buffet, Bill Gates, Dave Ramsey....you may or may not like what these guys say, sell, produce, whatever...but the fact remains, they ARE very wealthy, ALL of them started with nothing, and they have certain things in common. One of them is that 10 years is "short term" for them. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>2) I've raid the tortoise and the hare many many many times. And that bleeping turtle keeps winning. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p><br /></p><p>"Some form"? Absolutely. I don't think he can do anything BUT. Will it be the same as it has been? Who knows? But at this point, printing more money is the ONLY weapon the Fed has left, imo.[/QUOTE]</p><p><br /></p>
[QUOTE="gboulton, post: 1247895, member: 27043"]More unprofessional opinions below. :) (Mostly just cuz I love talking this stuff) Same place it's always been...diversified between a pile of cash, a pile of precious metals, a pile of collectibles, and growth stock mutual funds with 20+ year track records of positive returns and stable management. You're correct as far as you go...but the question is as it's ALWAYS been : Do you wish to speculate over the short term, or invest over a long term? The former can certainly make you a pile of money in a hurry...it can also lose you a pile in a hurry. The latter is much less likely to make you rich quickly, but practiced well, much less risky. PERSONALLY (and this is just me) my investment decisions are guided by two principles: 1) If you want to be wealthy, do what wealthy people do. Warren Buffet, Bill Gates, Dave Ramsey....you may or may not like what these guys say, sell, produce, whatever...but the fact remains, they ARE very wealthy, ALL of them started with nothing, and they have certain things in common. One of them is that 10 years is "short term" for them. :) 2) I've raid the tortoise and the hare many many many times. And that bleeping turtle keeps winning. ;) "Some form"? Absolutely. I don't think he can do anything BUT. Will it be the same as it has been? Who knows? But at this point, printing more money is the ONLY weapon the Fed has left, imo.[/QUOTE]
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is silver a bargain at $40 ?
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