Picked up some SPXL today which is a 3x bull etf following the s and p 500. I think it is time for a few percent up after the crap of the last month or so. Things are not that gloomy for stocks right now, need some happy times for a while.
Gold might have some room up here too but am already invested there so no play for me. I am certain it will be above $2000 within 5 years time. If wrong I will eat my hat or at least bite it.
Looks like a real good read FB, thanks. Link to book & reviews are at amazon.com.If you read a book called "The Creature From Jekyll Island" by G. Edward Griffin, all of this nonsense starts to make perfect sense.
-Funk
Taking delivery of your physical currency and investing it under your mattress is a great starting place. I say that with all sincerity. Or you can buy Swiss 10 year bonds at -0.75% (that means in ten years you will pay the Swiss government almost 1% of your money to hold it; negative returns bonds, hilarious).I .... I don't know what any of that means.... but I wish I did because I'd really like to invest some money.
Taking delivery of your physical currency and investing it under your mattress is a great starting place. I say that with all sincerity. Or you can buy Swiss 10 year bonds at -0.75% (that means in ten years you will pay the Swiss government almost 1% of your money to hold it; negative returns bonds, hilarious).
Go for the mattress and short the Euro with your play money. Or invest a small percentage of your portfolio in physical gold that you personally have control over and you'll be shorting all central banks and currencies. Or some of both.
If you find yourself questioning what to do the mattress is the a good play.
Picked up some SPXL today which is a 3x bull etf following the s and p 500. I think it is time for a few percent up after the crap of the last month or so. Things are not that gloomy for stocks right now, need some happy times for a while.
Gold might have some room up here too but am already invested there so no play for me. I am certain it will be above $2000 within 5 years time. If wrong I will eat my hat or at least bite it.
My sister and her husband buy gold and silver from the bank....they have bars of the shit at their house it's fkn weird..... I don't really know what they do with it though.
Since I'm not exactly in a financial position to just "blow" money on stocks I haven't really bothered to do any research or start learning what's what.
Hopefully in a few months time I will have all my debts cleared up and be in the black....then I can start looking into it more seriously.
It's called "saving". Specifically gold. Silver being a more speculative bet. More pointedly they are taking delivery of their physical assets. In this case metals. Delivery of physical currency being my favorite personal hedge..... I don't really know what they do with it though.
You're on the right path. Unload your debt and "save" money. Hey. Maybe we can all start a trend?.....then I can start looking into it more seriously.
Apple wants to buy Telsa for $73 Million hence a rumor.
I rather Apple buy Exxon THEN buy Telsa if that ever came to fruition.
I'm short Copper for the last month...I think it has ways to go.
I have a friend that's a large scale copper wire retailer, I know things have been moving a lil more for him, due to the jump in building again.
Just a little late here.My sister and her husband buy gold and silver from the bank....they have bars of the shit at their house it's fkn weird..... I don't really know what they do with it though.
Since I'm not exactly in a financial position to just "blow" money on stocks I haven't really bothered to do any research or start learning what's what.
Hopefully in a few months time I will have all my debts cleared up and be in the black....then I can start looking into it more seriously.