Back in 2005 I got burned on the hype of the BIO stocks. Anything with the word BIO in it I bought. Lost like 60%
Haven’t really invested in anything since except retirement account.
Gold, on the other hand, will be at $4,000 per ounce by the end of this year!!!
What do you recommend as far as investing in gold is concerned? I’ve read a lot of varying accounts as to whether investing in it really makes sense since it can be a really slow growth investment, but for me it would be somewhere to park my money. Does that make sense or is it better to buy and sell more regularly?
To my understanding. Its primary use is a hedge against inflation. Because gold’s value is independent of the stock market. So if the market goes to shit or inflation jumps up significantly. Whatever money you have in gold, holds the same purchasing power it had at the time you bought it if not greater
I.E Lets say you buy 10 dollars worth of gold today while a gallon of milk cost $3.50. 20-30 years later. Let’s say inflation causes that milk to double to $7.00 a gallon. You sell your gold. And the money you get for it will be enough to afford that milk as if it was still 3.50 if not cheaper.
So when dealing with significant amount of money. A portion is invested in gold over the years so that after years of inflation. You sell the gold, and that money basically off sets the lost of purchasing power of your cash. Thus protecting your wealth. Or in the worst case scenario. Hyperinflation causing your cash to become worthless. The money you have in gold still has its value. So you can trade it for another currency and jump ship to that country.
Gold is going up now because of the fed bank just making the money printer go brrr.
And the stock market is also going up now because the fed is pouring out money.
So . . . diversify?
(Bonds are getting murdered though.)
I’d definitely diversify if I had the excess funds to invest. Take advantage of this upsurge. But also have safety nets like gold or other precious metals. Or physical assets just incase inflation spikes higher than usual.
The problem with buying Gold now is that it’s way overbought, I’d rather dump money into low ratio index funds or silver.
As of this post gold per ounce is at almost $2,100. Looks like gold $3,000 will be here before you know it!!!
Been reading a little more and a lot of what I’ve been hearing is “but a bit of gold but don’t make it a big part of your portfolio.”
Oh, this is a very difficult topic for me. I’ve never been able to achieve what I’ve wanted all my life. As a result, I work in a hateful job and get a very low salary. And I realized that this makes me a sad and depressive person and I would like to fix it. That’s why I was looking for other ways to make money. I tried to work as a copywriter, but this work is not paid enough. Then I gave lessons in Portuguese, but as you know, tutors also get a small salary. Thus, I found an ad about amazon fba business and decided to try it out. And if I succeed, I can carry out my plans.
This is like 20 years ago. The markets are gonna take worse than 2008 and 2000/2001. The roaring twenties 
Reason markets are so high is because it’s fake and inflated. It’s gonna crash real hard now!!!
Especially with the airlines and Boeing and everything. This will be a domino effect to the bottom real quick!!!
It’s like this song down down down in a burning ring of fire…
Get in and make a quick buck while the fed is still inflating the market. Then dip before the crash. Stocks right now are definitely not a long term investment
Oh know, what does this mean for the long term; the short term?
All the cryptos are skyrocketing including bitcoin
what the below really means is that 50% of those borrowers will default. Does everyone remember the year 2006?
Bitcoin broke $20,000! People are saying $50K is in reach lol
Got any coin? What about other coins?
Some were saying 
at $300,000
and 
at $5,000 within a year or so
thanks to 
investors.
People trolling ThrowingRocks or…
…maybe it’s the other way around. ThrowingRocks is trolling everyone in this thread and they don’t even know it…
I wish Youtube and Jaspreet were around 20 years ago.
His advice and presentation have helped me out so far.
https://twitter.com/markets/status/1354439672018178054?s=20
Missed the Gamestop rocket ride but I’m hoping on the AMC shuttle.
Dropped some chump change ($150) when it was at $18.
Holding the line even as it takes a beating in the after hours market.
smh
I should’ve gotten into this years ago, or at least started last year when I paid off some of my debt.
i heard about that this morning…i wonder if its true.