Gold and silver, Investments Options

[mirocu]

If anyone is interested in this I would suggest getting the real, physical stuff (and from a solid, reputable dealer) as opposed to paper gold or silver as that at the end of the day is just that; paper.


I also thought we could use this thread to talk about investments in general. What do you feel is the best one?



This post has been edited by mirocu: Feb 26 2018, 07:44 PM

[mirocu]

This is a video I thought were worthy of posting


What counts as money is what people say is money. Could be caps Fallout-style for all we know. However at this point, I prefer precious metal.

[mALX]

This is a video I thought were worthy of posting

That man said "the dollar will decline, but silver will always be silver" = True, but silver's value fluctuates just like the dollar's value fluctuates; and nothing you can do can influence it to increase in value.

The market that is more stable than precious metals is real estate. Invest in land; and you can cause its value to raise by improving it.

No matter how bad a recession is; people will always need a home - and they won't be buying precious metals in a recession; they will be selling them to buy the land.

So you invest in the land; improve it; and when hard times come you buy up people's precious metals to give them the money to buy your properties. (that way you get your money back immediately).

Then when the market goes up again, sell the precious metals for a profit and buy up more land, and start improving it. (and the circle continues). Land ownership gives you tremendous power and political pull as well.

Then when you're rich from following my advice, send me 10% of your net profit; etc.








This post has been edited by mALX: Oct 17 2015, 04:11 PM