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geneven is offline geneven
2011-01-14 , 00:57
Posts: 5,795 | Thanked: 3,151 times | Joined on Feb 2007 @ Agoura Hills Calif
#21
Originally Posted by somedude View Post
go for Gold rather than the stock market you will then have a choice for US$1300 tablet / device.
As it is, I've made over $1000 on just Ford stock; I bought it at $2 a share. My other stocks just added about 25% to their value last year.

I once had a friend who specialized in recommending Gold, and the friends of mine who were talked into it lost money. It's great if you have a sense that things are collapsing and you're right, but my sense is that things are slowly improving.

Edit: One thing's for sure, if I bought a tablet now, by June it would be worth a lot less.
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somedude is offline somedude
2011-01-14 , 03:27
Posts: 1,312 | Thanked: 736 times | Joined on Sep 2009
#22
Originally Posted by geneven View Post
As it is, I've made over $1000 on just Ford stock; I bought it at $2 a share. My other stocks just added about 25% to their value last year.

I once had a friend who specialized in recommending Gold, and the friends of mine who were talked into it lost money. It's great if you have a sense that things are collapsing and you're right, but my sense is that things are slowly improving.

Edit: One thing's for sure, if I bought a tablet now, by June it would be worth a lot less.
yes buying gold and holding it as a stock or a bond would not be very wise since gold and other precious metals (excluding some) are unrelatedly directly proportional to international money market.
 
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