Peppen 934 Posted November 21, 2013 Share Posted November 21, 2013 Hey, I have been thinking for a while about investing a chunk of my savings in either silver or Swiss franc.Would love to know if anyone on here has had any experience investing in bonds, exchange rates, shares, metals etc.Hoping to spark an economy debate, since I haven't seen any pure economic talks, other than political related topics! Quote Link to comment Share on other sites More sharing options...
We Hate Scouse 10,327 Posted November 21, 2013 Share Posted November 21, 2013 I invested in Blackberry not too long ago, big mistake , didn't invest a substantial amount, but probably more than I should have. Quote Link to comment Share on other sites More sharing options...
Stingray 9,441 Posted November 21, 2013 Share Posted November 21, 2013 I invested in Blackberry not too long ago, big mistake , didn't invest a substantial amount, but probably more than I should have. Ow fuck .... Blackberry. Damn. Sent from my iPad using Tapatalk HD Quote Link to comment Share on other sites More sharing options...
Peppen 934 Posted November 21, 2013 Author Share Posted November 21, 2013 I invested in Blackberry not too long ago, big mistake , didn't invest a substantial amount, but probably more than I should have.Shit, mate! Well, that's the downside in terms of investments, gotta take a risk sometimes I've been talking to a friend of mine, and he thinks silver is a superb investment in the long run. Great potential in industries, safe haven against inflation and the price per oz will undoubtedly be on the rise, come another major financial meltdown. Thinking about investing a few thousand $. Not sure yet, though Quote Link to comment Share on other sites More sharing options...
Rmpr 8,977 Posted November 21, 2013 Share Posted November 21, 2013 I invested in Blackberry not too long ago, big mistake , didn't invest a substantial amount, but probably more than I should have.What happened? It didnt grow to give fruit? Next time, read this: http://en.wikipedia.org/wiki/Blackberry#Cultivation Quote Link to comment Share on other sites More sharing options...
SinineUltra 1,170 Posted November 21, 2013 Share Posted November 21, 2013 Shit, mate! Well, that's the downside in terms of investments, gotta take a risk sometimes I've been talking to a friend of mine, and he thinks silver is a superb investment in the long run. Great potential in industries, safe haven against inflation and the price per oz will undoubtedly be on the rise, come another major financial meltdown. Thinking about investing a few thousand $. Not sure yet, though Looking for the next Bitcoin? Quote Link to comment Share on other sites More sharing options...
Peppen 934 Posted November 22, 2013 Author Share Posted November 22, 2013 Looking for the next Bitcoin? Would love to have invested in BitCoins. Heard a Norwegian guy invested $20, and earned like $1 million. But I feel BitCoins is highly inflated ATM, and I don't have a huge capital to invest.I am thinking about investing in small companies or silver. Companies, being the risky method would also give the largest profit. But silver is soooooooo cheap and sooooooo badass Quote Link to comment Share on other sites More sharing options...
SinineUltra 1,170 Posted November 22, 2013 Share Posted November 22, 2013 Would love to have invested in BitCoins. Heard a Norwegian guy invested $20, and earned like $1 million. But I feel BitCoins is highly inflated ATM, and I don't have a huge capital to invest.I am thinking about investing in small companies or silver. Companies, being the risky method would also give the largest profit. But silver is soooooooo cheap and sooooooo badass I've been looking into it aswell, but are there any trusted markets out there? I'm sure there are firms/projects like bitcoin, facebook - just need to have a look on the stock markets etc. Fairly new to this though Quote Link to comment Share on other sites More sharing options...
Peppen 934 Posted November 22, 2013 Author Share Posted November 22, 2013 I've been looking into it aswell, but are there any trusted markets out there? I'm sure there are firms/projects like bitcoin, facebook - just need to have a look on the stock markets etc. Fairly new to this though I am new as well, mate. Been looking into buying Danish government bonds. They are a safe investment, but the profits are limited. Maybe Greek, if you want to be risky? I am currently searching for trusted silver merchants, and will update you if I find any. To speculate in currencies are also decent money, if you are lucky and play it smart. Swiss francs makes a very decent turnover, but you have to invest at the right times.I love to talk about economy and investing. Keep me updated about your investments, and I am looking forward to various talks about a wide range of topics related to making money Quote Link to comment Share on other sites More sharing options...
bushman 2,043 Posted November 22, 2013 Share Posted November 22, 2013 If I may...any money invested in a mutual fund, kept in for 15-20 years will earn good return. If you are young pick a bit riskier fund, keep it in for 5-8 years, then roll your money into more balanced fund, government bonds, some well known companies, the fund manager picks those for you.If you start now, put in let´s say 1000 quid, then add to the fund quarterly 200 quid, in 15 years you may have tripled your money, providing your return averages around 10 % for the duration of a long term investment.Currently, do not buy any gold, silver related funds. These commodities are at their peak, going down soon.Also, consider to invest in real estate. Wait for 3-5 years you will make money. Quote Link to comment Share on other sites More sharing options...
Peppen 934 Posted November 22, 2013 Author Share Posted November 22, 2013 If I may...any money invested in a mutual fund, kept in for 15-20 years will earn good return. If you are young pick a bit riskier fund, keep it in for 5-8 years, then roll your money into more balanced fund, government bonds, some well known companies, the fund manager picks those for you.If you start now, put in let´s say 1000 quid, then add to the fund quarterly 200 quid, in 15 years you may have tripled your money, providing your return averages around 10 % for the duration of a long term investment.Currently, do not buy any gold, silver related funds. These commodities are at their peak, going down soon.Also, consider to invest in real estate. Wait for 3-5 years you will make money.Great advice, thanks! Appreciated. My current savings are managed by my banker, but there are ways to make a larger turnover IF (big if) you manage to invest your money in something skyrocketing. I currently have around 30.000 DKK (5500 USD) not added to my savings, but they are free to invest. As you say, government bonds are probably the safest investment, but risk sometimes pays off. About the silver and gold though, they are actually decreasing quite rapidly, and although they may have reached their current peak I have NO doubt that they will increase in value come another crisis or heavy inflation, so that might be a safe bet when looking for a long term investment? I have also been thinking about investing in solar power companies, biotecs etc. What would you suggest?Once again, thanks for the advice, greatly appreciated Quote Link to comment Share on other sites More sharing options...
bushman 2,043 Posted November 22, 2013 Share Posted November 22, 2013 Great advice, thanks! Appreciated. My current savings are managed by my banker, but there are ways to make a larger turnover IF (big if) you manage to invest your money in something skyrocketing. I currently have around 30.000 DKK (5500 USD) not added to my savings, but they are free to invest. As you say, government bonds are probably the safest investment, but risk sometimes pays off. About the silver and gold though, they are actually decreasing quite rapidly, and although they may have reached their current peak I have NO doubt that they will increase in value come another crisis or heavy inflation, so that might be a safe bet when looking for a long term investment? I have also been thinking about investing in solar power companies, biotecs etc. What would you suggest?Once again, thanks for the advice, greatly appreciated No trouble to share my thoughts.Just one thing, keep in mind. Gold or silver might be slightly down, but still too high. It makes no sense to buy now & wait for another crisis, some 5-8 years. If you are in your twenties, dumb your money into an open end mutual fund, predominantly stocks with potential to rise, anything around 15 to 25 eur range, but no more than 30 %. The rest of it, safe securities, government bonds... hold on to it for years. Once you are older in your late 30ies, transfer your funds into a conservative fund.As I said, any good mutual fund is a very good investment, but for a long term. Keep adding to it, yearly.If you know what you are doing on the markets, have got 25-30 thou Eur to play with, one can trade daily.Buy at 8, 25 eur, sell at 8, 75 & you got yourself several hundred Eur made, daily. Quote Link to comment Share on other sites More sharing options...
Peppen 934 Posted November 22, 2013 Author Share Posted November 22, 2013 No trouble to share my thoughts.Just one thing, keep in mind. Gold or silver might be slightly down, but still too high. It makes no sense to buy now & wait for another crisis, some 5-8 years. If you are in your twenties, dumb your money into an open end mutual fund, predominantly stocks with potential to rise, anything around 15 to 25 eur range, but no more than 30 %. The rest of it, safe securities, government bonds... hold on to it for years. Once you are older in your late 30ies, transfer your funds into a conservative fund.As I said, any good mutual fund is a very good investment, but for a long term. Keep adding to it, yearly.If you know what you are doing on the markets, have got 25-30 thou Eur to play with, one can trade daily.Buy at 8, 25 eur, sell at 8, 75 & you got yourself several hundred Eur made, daily. Awesome piece of advice. Have you been doing this for a while now by any chance, you seem to have a decent hang of it? So your advice would be for me to invest a couple of thousand dollars into a mutual fund, and let it increase my savings? And then buy silver/gold when they are lower? Quote Link to comment Share on other sites More sharing options...
SinineUltra 1,170 Posted November 22, 2013 Share Posted November 22, 2013 On Wall Street, the bulls and bears are in a constant struggle. If you haven't heard of these terms already, you undoubtedly will as you begin to invest. The Bulls A bull market is when everything in the economy is great, people are finding jobs, gross domestic product (GDP) is growing, and stocks are rising. Things are just plain rosy! Picking stocks during a bull market is easier because everything is going up. Bull markets cannot last forever though, and sometimes they can lead to dangerous situations if stocks become overvalued. If a person is optimistic and believes that stocks will go up, he or she is called a "bull" and is said to have a "bullish outlook". The Bears A bear market is when the economy is bad, recession is looming and stock prices are falling. Bear markets make it tough for investors to pick profitable stocks. One solution to this is to make money when stocks are falling using a technique called short selling. Another strategy is to wait on the sidelines until you feel that the bear market is nearing its end, only starting to buy in anticipation of a bull market. If a person is pessimistic, believing that stocks are going to drop, he or she is called a "bear" and said to have a "bearish outlook". The Other Animals on the Farm - Chickens and Pigs Chickens are afraid to lose anything. Their fear overrides their need to make profits and so they turn only to money-market securities or get out of the markets entirely. While it's true that you should never invest in something over which you lose sleep, you are also guaranteed never to see any return if you avoid the market completely and never take any risk, Pigs are high-risk investors looking for the one big score in a short period of time. Pigs buy on hot tips and invest in companies without doing their due diligence. They get impatient, greedy, and emotional about their investments, and they are drawn to high-risk securities without putting in the proper time or money to learn about these investment vehicles. Professional traders love the pigs, as it's often from their losses that the bulls and bears reap their profits. What Type of Investor Will You Be? There are plenty of different investment styles and strategies out there. Even though the bulls and bears are constantly at odds, they can both make money with the changing cycles in the market. Even the chickens see some returns, though not a lot. The one loser in this picture is the pig. Make sure you don't get into the market before you are ready. Be conservative and never invest in anything you do not understand. Before you jump in without the right knowledge, think about this old stock market saying: "Bulls make money, bears make money, but pigs just get slaughtered!"Interesting read - which one you think you could be? Quote Link to comment Share on other sites More sharing options...
bushman 2,043 Posted November 22, 2013 Share Posted November 22, 2013 Awesome piece of advice. Have you been doing this for a while now by any chance, you seem to have a decent hang of it? So your advice would be for me to invest a couple of thousand dollars into a mutual fund, and let it increase my savings? And then buy silver/gold when they are lower? First of all, here are several questions.1st, are you in for a longer time, let´s say 15-20 years ?2nd, will you be able to add more money into it, let´s say 500 or more Eur a year ?Have you looked into any mutual fund yet ? If you have post it here.Do not buy any gold or silver, it´s too late.https://www.franklintempleton.com/retail/app/product/views/fund_page.jsf?fundNumber=101An example of fairly good one, see above. Quote Link to comment Share on other sites More sharing options...
Peppen 934 Posted November 22, 2013 Author Share Posted November 22, 2013 First of all, here are several questions.1st, are you in for a longer time, let´s say 15-20 years ?2nd, will you be able to add more money into it, let´s say 500 or more Eur a year ?Have you looked into any mutual fund yet ? If you have post it here.Do not buy any gold or silver, it´s too late.Mostly long time, but if you have any decent short term safe(ish) investments, then I'd be happy to hear about it!I could probably do 500 EUR a year, but daytrading is out of my league. I mostly live off government student support, which is, until I turn 20 about $800 a month.I have looked into a few mutual funds, but mostly Danish investors. I'm not sure if you'd be able to tell if they're good or not, but if you want to, I can post them. Again, thank you, nice to have someone who is in the know About the silver and gold, how low do you reckon they'll drop before increasing again?Interesting read - which one you think you could be?Certainly an interesting read!They are all tempting, but I think I'm more of a bear. I'd love to invest in noble metals (gold, silver, palladium) because they are a rather safe bet long term, and they tend to increase value in rough economic times. But again, the best way to make money is probably when the economy has been bad, and is about to get better. What about you? Quote Link to comment Share on other sites More sharing options...
bushman 2,043 Posted November 22, 2013 Share Posted November 22, 2013 Mostly long time, but if you have any decent short term safe(ish) investments, then I'd be happy to hear about it!I could probably do 500 EUR a year, but daytrading is out of my league. I mostly live off government student support, which is, until I turn 20 about $800 a month.I have looked into a few mutual funds, but mostly Danish investors. I'm not sure if you'd be able to tell if they're good or not, but if you want to, I can post them. Again, thank you, nice to have someone who is in the know About the silver and gold, how low do you reckon they'll drop before increasing again?Certainly an interesting read!They are all tempting, but I think I'm more of a bear. I'd love to invest in noble metals (gold, silver, palladium) because they are a rather safe bet long term, and they tend to increase value in rough economic times. But again, the best way to make money is probably when the economy has been bad, and is about to get better. What about you? The short term investment, I do not know. Unless you can sell ice cubes to Eskimos. Why are you so hung up on gold or silver ? Quote Link to comment Share on other sites More sharing options...
Peppen 934 Posted November 22, 2013 Author Share Posted November 22, 2013 The short term investment, I do not know. Unless you can sell ice cubes to Eskimos. Why are you so hung up on gold or silver ?I don't know It's just that 3 years ago I thought about investing in gold, but didn't, and it's value increased like crazy. And I've felt like an idiot ever since. And I also love gold. And silver. Don't mind me, my judgment is clouded by the thoughts of having gold and silver bars in a giant safe Quote Link to comment Share on other sites More sharing options...
bushman 2,043 Posted November 22, 2013 Share Posted November 22, 2013 I don't know It's just that 3 years ago I thought about investing in gold, but didn't, and it's value increased like crazy. And I've felt like an idiot ever since. And I also love gold. And silver. Don't mind me, I clouded by the thoughts of having gold and silver bars in a giant safe Well, 3 years ago, it made sense. I believe, gold tripled since. Too late now.Also, to buy 5 - 7 ounces it makes no sense, peanuts. 20 ounces or more are needed. Quote Link to comment Share on other sites More sharing options...
Stingray 9,441 Posted November 22, 2013 Share Posted November 22, 2013 The short term investment, I do not know. Unless you can sell ice cubes to Eskimos. Why are you so hung up on gold or silver ? I don't know It's just that 3 years ago I thought about investing in gold, but didn't, and it's value increased like crazy. And I've felt like an idiot ever since. And I also love gold. And silver. Don't mind me, my judgment is clouded by the thoughts of having gold and silver bars in a giant safe Socialist gold lover with a fondness of trading hey Sent from my iPad using Tapatalk HD Quote Link to comment Share on other sites More sharing options...
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