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<p>[QUOTE=&quot;RaceBannon, post: 1248486, member: 25357&quot;]Fatima, I&#039;m not trying to argue with you. Merely trying to open your eyes to a couple of investing maxims that have proven themselves time and again over the years. </p><p><br /></p><p>1. Buy low, Sell high</p><p>2. It generally benefits you, if your time horizon for reaping the profits of an investment, is longer. This allows you the flexibility to decide when to get out. </p><p><br /></p><p>To my original point, 2004/2005, when gold was selling for $400 was a much better time to be buying gold as an investment than right now in 2011 when it&#039;s pushing two thousand.</p><p>Right now Ford stock is selling for about $10/share. Bank of America is selling for $6-7 a share. Both these stocks traded MUCH higher than those prices within the last three years.</p><p><br /></p><p>So, for the average investor, who wants to buy low and sell high to make a positive return on his/her money, maybe stocks aren&#039;t such a bad place to be right now. As long a your time horizon is long enough to ride out the inevitable ups and downs. </p><p><br /></p><p>This is what&#039;s called a contrarian philosophy, go against the herd. Buy what they are selling and sell what they are buying, it&#039;s worked out for me. I still haven&#039;t sold any of the gold I bought 7 years ago. But we&#039;re probably within a year of when I&#039;ll start considering it.[/QUOTE]</p><p><br /></p>

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