Precious metals and miners are taking another massive dump tonight after the Swiss referendum.
Investors....come in please!
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JHZR2
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Originally Posted By: Drew99GT
Precious metals and miners are taking another massive dump tonight after the Swiss referendum.
Some of them had before. I recall seeing recommendations for AUY back when it was $8 or so...
Precious metals and miners are taking another massive dump tonight after the Swiss referendum.
Some of them had before. I recall seeing recommendations for AUY back when it was $8 or so...
Originally Posted By: JHZR2
Originally Posted By: Drew99GT
Precious metals and miners are taking another massive dump tonight after the Swiss referendum.
Some of them had before. I recall seeing recommendations for AUY back when it was $8 or so...
I think that was you. I said don't touch it with a ten foot pole.
Originally Posted By: Drew99GT
Precious metals and miners are taking another massive dump tonight after the Swiss referendum.
Some of them had before. I recall seeing recommendations for AUY back when it was $8 or so...
I think that was you. I said don't touch it with a ten foot pole.
Where will it end? I'm sitting here with a pot full of cash and don't know what direction to go.
Wayne
Wayne
If I had a bunch of cash I'd buy S&P 500 Index.
Originally Posted By: Oldmoparguy1
I'm sitting here with a pot full of cash and don't know what direction to go.
Wayne
Same here, same here. WAY too much cash.......
What we know!
- The US Market is around record highs.
- Oil related stocks just got hammered.
General statement to make money: "Buy low, sell high."
Are you going to dump a bunch of cash into something at the high?
Or, are you going to dump a bunch of cash into something that's at a low?
Discuss.
I'm sitting here with a pot full of cash and don't know what direction to go.
Wayne
Same here, same here. WAY too much cash.......
What we know!
- The US Market is around record highs.
- Oil related stocks just got hammered.
General statement to make money: "Buy low, sell high."
Are you going to dump a bunch of cash into something at the high?
Or, are you going to dump a bunch of cash into something that's at a low?
Discuss.
Originally Posted By: Oldmoparguy1
warren-buffett-indicator
Ummm........
Yea, very interesting.
BUT, I would like to see it in chart form, so,has it been close to that for the past booming year, or not??
warren-buffett-indicator
Ummm........
Yea, very interesting.
BUT, I would like to see it in chart form, so,has it been close to that for the past booming year, or not??
The 'market' generally goes up over time. Therefore 'record highs' shouldn't be something to worry about!!! Look at all those 'record highs' over time!!!
Trying to predict when to buy and sell BEFORE the market makes its 'move' is a fools game.
IF MARKET PUNDITS WERE SO BRIGHT, why didn't they short Oil in June and become billionaires?
NOBODY KNOWS NUTHIN.
Sorry, I know its boring, but indexing with low-cost, diversified funds is the way to capture market returns. Otherwise you're gambling/trading, not investing.
All you guys sitting on cash should read bogleheads more. Perhaps you don't fully buy into the 3-fund or Bogle style, you can try the Permanent Portfolio and hold cash and gold also. Still less risky than gambling on individual stocks.
Trying to predict when to buy and sell BEFORE the market makes its 'move' is a fools game.
IF MARKET PUNDITS WERE SO BRIGHT, why didn't they short Oil in June and become billionaires?
NOBODY KNOWS NUTHIN.
Sorry, I know its boring, but indexing with low-cost, diversified funds is the way to capture market returns. Otherwise you're gambling/trading, not investing.
All you guys sitting on cash should read bogleheads more. Perhaps you don't fully buy into the 3-fund or Bogle style, you can try the Permanent Portfolio and hold cash and gold also. Still less risky than gambling on individual stocks.
Hypothetical question :
If you had a million dollars in nest egg / retirement account....
Would you sell your index funds and be 100% cash or leave it invested ?
If you had a million dollars in nest egg / retirement account....
Would you sell your index funds and be 100% cash or leave it invested ?
If I had $1M I'd put it into Vanguard index funds at about 65/35 stocks/bonds (anywhere from 60-70% stocks would be fine) and plan on retirement in a few years around age 40.
Or put it all into Wellington https://personal.vanguard.com/us/funds/snapshot?FundId=0021&FundIntExt=INT#tab=0
that fund has been around since 1929, averaging 8.31%
Or put it all into Wellington https://personal.vanguard.com/us/funds/snapshot?FundId=0021&FundIntExt=INT#tab=0
that fund has been around since 1929, averaging 8.31%
Originally Posted By: LT4 Vette
Hypothetical question :
If you had a million dollars in nest egg / retirement account....
Would you sell your index funds and be 100% cash or leave it invested ?
Depends on your age..... Plus, what you have made or lost already.....
Hypothetical question :
If you had a million dollars in nest egg / retirement account....
Would you sell your index funds and be 100% cash or leave it invested ?
Depends on your age..... Plus, what you have made or lost already.....
Originally Posted By: demarpaint
Originally Posted By: Turk
What would be a few more Ticker Symbols to keep an eye on?
Off the top of my head:
SDRL
RIG
DO
ESV
NBL
USO would be one to watch, whenever this trend turns around.
SOMETIME, there will be an opportunity...
Originally Posted By: Turk
What would be a few more Ticker Symbols to keep an eye on?
Off the top of my head:
SDRL
RIG
DO
ESV
NBL
USO would be one to watch, whenever this trend turns around.
SOMETIME, there will be an opportunity...
JHZR2
Staff member
Ugg getting killed lately with line and sdrl. Time to double down yet?
I'm not taking any profits to offset oses if I dump some sdrl. No div so less point. Not sure I can do better elsewhere though.
I'm not taking any profits to offset oses if I dump some sdrl. No div so less point. Not sure I can do better elsewhere though.
Originally Posted By: Turk
Originally Posted By: demarpaint
Originally Posted By: Turk
What would be a few more Ticker Symbols to keep an eye on?
Off the top of my head:
SDRL
RIG
DO
ESV
NBL
USO would be one to watch, whenever this trend turns around.
SOMETIME, there will be an opportunity...
Patience............
Originally Posted By: demarpaint
Originally Posted By: Turk
What would be a few more Ticker Symbols to keep an eye on?
Off the top of my head:
SDRL
RIG
DO
ESV
NBL
USO would be one to watch, whenever this trend turns around.
SOMETIME, there will be an opportunity...
Patience............
Oil is looking for a bottom. Traders looking at $40 - $45..........
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