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Thread: If you are still invested in the stock market

  1. #1
    and I am an IRLholic
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    If you are still invested in the stock market

    “Jealousy is the tribute mediocrity pays to genius.” -- Archbishop Fulton J. Sheen

  2. #2
    Been at Indy since 1956! ZOOOM's Avatar
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    One word: GOLD
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  3. #3
    Insider Truth Detector's Avatar
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    Quote Originally Posted by ZOOOM View Post
    One word: GOLD
    I subscribe to the "buy low sell high" theory. Gold is too high already.
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  4. #4
    Godspeed, brother Ren Butler's Avatar
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    Quote Originally Posted by Truth Detector View Post
    I subscribe to the "buy low sell high" theory. Gold is too high already.
    Yep. It's a great time to buy stocks because they're on sale.

    Gold has a terrible long-term rate of return.
    Cancer sucks.

  5. #5
    There is only one sure way to lose money in the Stock market............Sell.
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  6. #6
    My 401K doesn't have a safe option. Every choice is either in the stock market or in a fund that lends to the financial sector. I can't escape.

  7. #7
    Ahahahhahahhaha watching pixel money going *poof* like a fart in the wind is almost as funny as watching Barry and the Creature struggle with a teleprompter.

    If you don't hold it, you don't own it

  8. #8
    Insider Truth Detector's Avatar
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    Quote Originally Posted by Cant_hit_apex View Post
    My 401K doesn't have a safe option. Every choice is either in the stock market or in a fund that lends to the financial sector. I can't escape.
    Many people think they are being "safe" by putting their money in bonds. Just wait until rates start climbing and see how safe those investments were.

  9. #9
    A correction that was overdue. Gold should only be bought when nobody likes it, never buy it when paid stooges are shilling it on TV. While deflation is the short term concern, most of us expect that the huge increase in money supply will not be bailed out by the historically low velocity of money forever, and when money begins to turn over again we will have much higher inflation. Also, the government will have to inflate its way out of its debt at some point. Bottom line, bond prices are likely to get creamed by higher interest rates within a few years.

    If you have a five year plus time horizon, you should be buying stocks now. If you cannot stand volatility (makes you sell at the bottom and buy at the top), buy 6 month or one year cd's untill interest rates go up a bunch, then buy bonds.
    All rides are bought. But occasionally the currency is talent.

  10. #10
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    Quote Originally Posted by ventman View Post
    Gold should only be bought when nobody likes it, never buy it when paid stooges are shilling it on TV.
    Yeah. Some investor once said that when your investments or the market makes the front page of USA today because they doing so well, it's time to get out. I think an even earlier warning, is when the shilling on tv for those investments goes up dramatically.
    "I'd rather entrust the government of the United States to the first 400 people listed in the Boston telephone directory than to the faculty of Harvard University." -William F. Buckley, Jr.

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