*Investors Blog*

[Pablo]

You clowns are on point today. You killin me!!

 

[Dave Hess]

The markets are a scam.

These markets are similar to a WWE pro wrestling match at Wrestlemania.

80,000 people paying big money to watch a fake, phony silly storyline between 2 actors.

 

[Zee09]

Buying coins is stupid, get 1oz bars.

If you tried to offend me you didn't.
My buddy bought them. Behave before you get slapped real hard

 

[Vil_Riker]

These markets are similar to a WWE pro wrestling match at Wrestlemania.

80,000 people paying big money to watch a fake, phony silly storyline between 2 actors.

I remember a finance professor in my graduate studies making fun of gold and recommending instead to park your money in an index fund. Actually, all of them did...

 

[Zee09]

I personally don't like physical gold
Won't buy it....

 

[Vil_Riker]

I personally don't like physical gold
Won't buy it....

You would feel like Scrooge McDuck if you did.

 

[Zee09]

You would feel like Scrooge McDuck if you did.

I said what you said... over $5000 an ounce...no thanks...

 

[Zee09]

I'm low renting 10k shares of BLND
dumping on 4 to 9 cents.
Its good money while I wait to get back into my regulars....
Sitting on the sidelines doesn't pay

 

[PWMDMD]

I remember a finance professor in my graduate studies making fun of gold and recommending instead to park your money in an index fund. Actually, all of them did...

That's still solid advice today. VTI is up 44% in the past 2 years and up 74% in the 5 years. Hindsight being 20/20 is a rabbit hole.

 

[Pablo]

That's still solid advice today. VTI is up 44% in the past 2 years and up 74% in the 5 years. Hindsight being 20/20 is a rabbit hole.

It’s not like all or nothing

You can or should have owned gold and stocks

 

[PWMDMD]

It’s not like all or nothing

You can or should have owned gold and stocks

Sure...but a low cost index fund should be the core of most people's (not everyone's ) investing plan during their accumulation phase. Gold doesn't have to be part of the core IMO.

 

[Zee09]

I got 2k shares of Realty Income (0)
to suckle the monthly dividend and then unload.

 

[Pablo]

ALL my covered calls I sold expired worthless yesterday Dec 19. No more outstanding options currently. That was a cool round trip netting around $10K.

 

[SC Maintenance]

Sure...but a low cost index fund should be the core of most people's (not everyone's ) investing plan during their accumulation phase. Gold doesn't have to be part of the core IMO.

Not really. Gold has now way outperformed pretty much everything over the last 5, 10 or 25 years. You just don't hear it because wall street can't make much money on it.

I know lots of very, very wealthy people that hold some. As mentioned, you can own more than one thing. Gold is simply a zero coupon bond with no counterparty risk.

 

[SC Maintenance]

View attachment 315644

Those are pretty. You pay a pretty good premium over spot for the small denominations but likely still worth it.

 

[PWMDMD]

Not really. Gold has now way outperformed pretty much everything over the last 5, 10 or 25 years. You just don't hear it because wall street can't make much money on it.

I know lots of very, very wealthy people that hold some. As mentioned, you can own more than one thing. Gold is simply a zero coupon bond with no counterparty risk.

Gold still only makes up 0-15% for most portfolios while index funds make up +50% for most portfolios. Gold has performed well recently (past performance does not guarantee future performance) but it's still something that's just nice to own SOME, as you stated above. There's a reason all your wealthy friends aren't putting all their eggs in that basket.

My original point was simple, a low cost index funds is still a great recommendation to anchor a portfolio.

 

[JeffKeryk]

Gold still only makes up 0-15% for most portfolios while index funds make up +50% for most portfolios. Gold has performed well recently (past performance does not guarantee future performance) but it's still something that's just nice to own SOME, as you stated above. There's a reason all your wealthy friends aren't putting all their eggs in that basket.

My original point was simple, a low cost index funds is still a great recommendation to anchor a portfolio.

The S&P has historically outperformed the majority all stocks. Biggest no-brainer in the world.

 

[Vil_Riker]

I got 2k shares of Realty Income (0)
to suckle the monthly dividend and then unload.

Bought it years ago as part of my dividend portfolio and it has lost 16% of its value since then.

 

[Vil_Riker]

The S&P has historically outperformed the majority all stocks. Biggest no-brainer in the world.

The point is not that SP500 hasn't outperfomed stocks. It's just that SP500 has underperfomed gold. When you look at the SP500 index in gold, not dollars, it has lost value for most of the years in the last 3 decades.

What we are being advised to do is incorrect.

 

[Zee09]

Bought it years ago as part of my dividend portfolio and it has lost 16% of its value since then.

It pays better than my current interest rate and I'm not an investor.
Interest Down from 5% to 3.25%
I have a penny stock paying about 9%