bushman 2,043 Posted November 22, 2013 Share Posted November 22, 2013 Socialist gold lover with a fondness of trading hey Sent from my iPad using Tapatalk HDWhat´s socialist gold lover ? A Belgium trader ? Quote Link to comment Share on other sites More sharing options...
Stingray 9,441 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. Agree. Got an 'ol gold trader in the friend departament (read: succesfull gold smith) saying it is not an option now. Nobody buys gold, silver now. After the crisis the prize has gone too high. Wait padawan. Indeed, mutual fonds..... But having big investments in banks is such a no, really. Sometimes you gain even a lil ideology, mate. We have shares of a wind electric firm Eneco here. It pays dividends really ok. Plus, it provides the ciry with green energy, everyone participates) Sent from my iPad using Tapatalk HD Quote Link to comment Share on other sites More sharing options...
Stingray 9,441 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. Agree. Got an 'ol gold trader in the friend departament (read: succesfull gold smith) saying it is not an option now. Nobody buys gold, silver now. After the crisis the prize has gone too high. Wait padawan. Indeed, mutual fonds..... But having big investments in banks is such a no, really. Sometimes you gain even a lil ideology, mate. We have shares of a wind electric firm Eneco here. It pays dividends really ok. Plus, it provides the city with green energy, everyone participates) Quote Link to comment Share on other sites More sharing options...
SinineUltra 1,170 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? As much as I'd hate to admit it, at the moment im the chicken who doesn't want to put a foot wrong. Still reading about it and trying to get myself educated in this topic. Quote Link to comment Share on other sites More sharing options...
Peppen 934 Posted November 22, 2013 Author Share Posted November 22, 2013 Socialist gold lover with a fondness of trading hey Sent from my iPad using Tapatalk HDThat is my weakness. I love gold and silver. It is soooooo shiny and precious! I'm a socialist gold/silver-lover, okay? As much as I'd hate to admit it, at the moment im the chicken who doesn't want to put a foot wrong. Still reading about it and trying to get myself educated in this topic. Don't mind me mate, I'm an amateur as well What sparkled my interest in investments was the fact that I failed to invest in gold and silver 3 years ago..... Stupid me. But I'm learning the ropes at the moment, and it's great people like bushman sharing their deepest secrets to making $$$$$ Quote Link to comment Share on other sites More sharing options...
bushman 2,043 Posted November 23, 2013 Share Posted November 23, 2013 That is my weakness. I love gold and silver. It is soooooo shiny and precious! I'm a socialist gold/silver-lover, okay? Don't mind me mate, I'm an amateur as well What sparkled my interest in investments was the fact that I failed to invest in gold and silver 3 years ago..... Stupid me. But I'm learning the ropes at the moment, and it's great people like bushman sharing their deepest secrets to making $$$$$ I have no secret mate. I only post what I have learned, seen over the years. If it helps you I am happy for it, but I certainly do not advise to dabble in the market if you are just a beginner. Just trust me, I too paid for it dearly.Therefore, my recommendation is mutual funds, let others deal with the Wall Street Circus. Quote Link to comment Share on other sites More sharing options...
Bir_CFC 3,455 Posted November 23, 2013 Share Posted November 23, 2013 I've saved up some money as well for some investments. But I don't plan on micro-managing my investments, hence have been looking for a couple decent mutual funds which I can invest in for the long haul. Been busy at work so haven't had a chance to do any research.My initial inclination was to invest in real estate really but I travel a lot and move around alot for work so I don't want to tie down my money at a specific place just yet. Probably something I'll do for sure once I settle down. Quote Link to comment Share on other sites More sharing options...
Blue-in-me-Veins 4,067 Posted November 26, 2013 Share Posted November 26, 2013 Both of my high school Business teachers are millionaires who made their money through the stock market. One traded on the futures market which involves insane amounts of risk. She made some huge gains and also took some big losses as well but she was able to string together a bunch of big gains in which she finally left that market (having already made the millions -10 million at that) she had a child and couldn't bear the risk of losing lots of money. Then she also came up with a method in which she could tell you the main economic reports such as (unemployment, housing, etc.) before they came out by watching what the market does a week before they were due. She had a weekly report on Bloomberg news and traded privately for the former CEO of Goldman sachs (one responsible for the big collapse) and other notables in Wall street. The other came up with a financial software system and made a killing selling/teaching the companies how to run the software. She later sold the patent for around 800,000 and later used that money in the stock market also to make herself a millionaire. She didn't make as much as the above for she had a child earlier and decided soon after to go into teaching. I've had both teachers for all 3 years now, and next year like the seniors now, will soon put that knowledge into good use. One senior already made enough money to pay off his first car, (how much it costs i dont know) but thats still a good feat to accomplish when not even out of high school yet. Tell me my teachers aren't bosses. Quote Link to comment Share on other sites More sharing options...
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