Want more? --> Adult Dating 

browseBROWSE NOW

  • I'm a
  • seeking a
  • between
  • and
  • living in

Tag yourself at Mingles and meet new people the Mingles way!

100% free online dating, friendship, activity partners, chat, groups, social networking, parties, tagging, fun, matchmaking, free personals, forums and more!


What do you think is the best investment?
pic
sargon (this topic's creator)
3/10/2009 10:52:03 PM
Posts: 1317
Member since 4/29/2002
stars
( new topic )
pic
sargon (this topic's creator)
3/10/2009 10:53:02 PM
Posts: 1317
Member since 4/29/2002
stars
What do the following companies have in common?

Alcoa, American Express, American Airlines, Bank of America, Bear Stearns, CBS, Citigroup, Countrywide Credit, Dow Chemical, Eastman Kodak, Fannie Mae, Ford, Freddie Mac, General Electric, General Motors, Goodyear Tire, Harley-Davidson, Lehman Brothers, Liz Claiborne, Macys, Merrill Lynch, MetLife, MGM, Motorola, JC Penney, Prudential, Saks, Sears, Sprint/Nextel, United Airlines, United States Steel, Whirlpool, and Xerox.

The Answer is: Since mid-2007, all of these companies have seen their stock values decline by more than 80 percent.

On June 29, 2007, gold was at $648. The price now is $921.50 - about 42 percent higher. Silver was at $12.36. The price of silver now is $12.94 - about 5 percent higher.

About two years ago I recommended buying Gold and Silver. They are still the best investments you can make. In my opinion, silver will be the better of the two investments in the long term as world supplies are dwindling, however, the price of silver is fluctuates more than that of gold and can be a bit unnerving sometimes. Take delivery of your gold or silver. It's the best way to ensure that you actually have it.

pic
tck_beachbum
3/11/2009 8:18:20 AM
Posts: 15104
Member since 7/5/2002
stars
There is no best investment in my opinion. Diversity is mandatory.
pic
Cristobalito
3/11/2009 8:48:50 AM
Posts: 11936
Member since 12/13/2001
stars
well - there you have it!
pic
tck_beachbum
3/11/2009 9:07:43 AM
Posts: 15104
Member since 7/5/2002
stars
Sargon - do you think buying gold is a good investment NOW, or it was a good investment before it went up?

Stating something is the best investment AFTER it rockets isn't real informative, it's like standing next to the roulette wheel and telling someone they should have bet on red (because that's where the ball landed) and saying they would have received a 100% return on their 'investment', right?

Just my opinion. smile

I'm open to suggestions on what the next investment you think will rocket though, got any ideas? wink

pic
stetor66
3/11/2009 9:47:22 AM
Posts: 764
Member since 11/1/2008 1:20:57 PM
stars
Hm, Check out some platinum metals wink
pic
robbi642
3/11/2009 11:31:58 AM
Posts: 12350
Member since 4/6/2000
stars
Ya'll shoulda listened to Rreload.........
pic
tck_beachbum
3/11/2009 1:07:09 PM
Posts: 15104
Member since 7/5/2002
stars
Also - some good questions regarding any investment...

Gold is now at $920.00... when do you sell it?

If someone hangs onto it and it goes down... is/was it still a good investment?

(Any investment is only good on the return, right?)

wink

pic
sargon (this topic's creator)
3/11/2009 4:49:10 PM
Posts: 1317
Member since 4/29/2002
stars
TCK I recommended gold and silver two years ago, and I'm recommending gold and silver now. They both will continue to increase in value. It will be several years before it's time to sell.
pic
JoJet
3/11/2009 5:38:11 PM
Posts: 534
Member since 11/9/2001
stars
Our children are our best investment. Without them we have no future and if we do not teach them the tools they need to become self-sufficient, responsible and respectful people, they will have no future.
pic
tck_beachbum
3/11/2009 5:46:55 PM
Posts: 15104
Member since 7/5/2002
stars
Good thinking. wink

On the same note I'll suggest that our individual health is the best investment... we have to be healthy to help ourselves and/or our children.

smile

pic
robbi642
3/11/2009 7:21:23 PM
Posts: 12350
Member since 4/6/2000
stars
Good points of health and kids.......

Hydrogen and energy stocks are the best investments out there right now....gas/oil will go back up that's for sure.....and I think we'll see hydrogen cars when all this electric bullshit wears off and people realize it's not going to work.....

pic
Cristobalito
3/11/2009 9:03:47 PM
Posts: 11936
Member since 12/13/2001
stars
I think the Hunt brothers of Texas (and a few of their arab friends) may still be a little wary of the silver market, lol!
pic
gtr420
3/12/2009 6:50:18 PM
Posts: 522
Member since 10/6/2001
stars
Robbi, I believe electric can work.... I have seen GM's EV-1 all electric car from about 10 years ago. It had a 130 horsepower three-phase electric motor and was plenty powerful for street and highway use. I forgot what the range was, but that was 10 years ago and battery technology has greatly improved since then -- especially with lithium-ion batteries. Anyways, the automakers (Ford had an electric truck too) took them back when the leases were up and destroyed them, citing that it was "unfeasible" to continue development. IMHO the only thing that was unfeasible was telling OPEC where to shove the money.
pic
gtr420
3/12/2009 6:51:27 PM
Posts: 522
Member since 10/6/2001
stars
Oh and, have we forgotten the Tesla roadster? about 250 horses there.
pic
Rollo_Quarters
3/12/2009 7:03:07 PM
Posts: 2365
Member since 9/29/1999
stars
After watching my "managed" investments head towards the toilet I decided to look for companies for a long-term haul. I found a few "DRIP" companies and picked one in December. I lucked out. Bought at 8.28 and is now at 12.36.

Though it's in an "energy" sector they're diversified. Gov't contracts to haul waste, build exploration equipment and give technical consulting to drilling companies.

Last June their stock was over $35.

Do your homework and like in Vegas, don't invest what you can't afford to lose.

(FYI.... DRIPs are Direct ReInvestment Programs. Any dividends go back into purchasing factional shares)

pic
robbi642
3/12/2009 7:36:40 PM
Posts: 12350
Member since 4/6/2000
stars
GTR......I don't think the problem is in developing a suitable electric car....however there is not a functional one as of yet.......I believe the problem is in the electric grid......can we supply a nation that's plugging in cars every night?? I believe many "side problems" will arise with battery operated cars not related to cars themselves.
pic
Wills2
3/12/2009 11:13:15 PM
Posts: 107
Member since 10/31/2007 2:00:01 PM
stars
Weed. That's the best investment.
pic
spart
3/13/2009 8:49:48 AM
Posts: 2310
Member since 6/24/2001
stars
^ With or without seed? Both have favorable qualities.
pic
tck_beachbum
3/13/2009 9:10:19 AM
Posts: 15104
Member since 7/5/2002
stars
In college when we used to invite chicks over the best investment was alcohol. wink

(The return on that investment could get pretty 'enjoyable' later in the evening, lol.)

smilesmilesmile

pic
TOXXXIC
3/14/2009 9:55:00 AM
Posts: 303
Member since 8/29/1999
stars
i would recommend investing in home mortgages.

i mean what is the worst that could happen??

pic
tck_beachbum
3/14/2009 11:54:50 AM
Posts: 15104
Member since 7/5/2002
stars
msn.com, March 14, 2009

Dina Powell says the U.S. and world are recognizing the value of investing in women.

By Dina Habib Powell

Special to CNN

Editor's note: Dina Habib Powell, global head of corporate engagement at Goldman Sachs, served as U.S. assistant secretary of state for educational and cultural affairs from 2005 to 2007.

NEW YORK (CNN) -- As we mark International Women's Month in March, it is encouraging to see that the movement to recognize the vital role that women play in families, nations and economies has been building for more than a decade and that developments in the past few years have shown that real progress has begun to take hold.

- - - - - - - -

Invest in women. More pussy to go around makes the world a better place. smilesmilesmile

pic
sargon (this topic's creator)
3/17/2009 1:25:23 PM
Posts: 1317
Member since 4/29/2002
stars
More about silver...

The industrial consumption of silver over the past 65 years has caused known world inventories of silver to have declined by 95%. While at one time there was many times more silver in the world than gold, there is now more above ground gold in the world than above ground silver. (Above ground refers to metal that has been mined and refined.) Let's think about this logically. Since there is twice as much above ground gold as there is silver, shouldn't the price of silver be twice that of gold? If that was all there was to it, yes! But the market takes into account silver and gold that has yet to be mined as well. There is 4 times more silver than gold in the world if you include unmined metal. But that should still leave the price of silver at one fourth the price of gold!

Silver is mostly mined as a by product of the mining of lead or zinc. With less demand for lead and zinc in the global depression, less silver is being mined and refined. And now with failing currencies and economies, investor demand for silver is increasing as people see it as a safe haven.

At some point in the not too distant future the world will have a shortage of silver and the price will rapidly rise to reflect the rarity of this metal. That is why I choose silver as the best investment.

pic
robbi642
3/18/2009 12:40:14 AM
Posts: 12350
Member since 4/6/2000
stars
This is a long video, but, well worth watching for those of you wondering where everything is heading and what if anything you should be investing in......

Look at the "post election update" video

http://www.hsdent.com/

pic
sargon (this topic's creator)
9/7/2009 3:51:43 PM
Posts: 1317
Member since 4/29/2002
stars
Since my first post on this topic, silver is up about 25% to 16.22 and gold is up about 8% to 994.40.

These are still the best two investments.

pic
tck_beachbum
9/7/2009 4:35:00 PM
Posts: 15104
Member since 7/5/2002
stars
Sargon - are you suggesting that past history of gold & silver is an indication of future performance?

I think you meant to say "These WERE still the best two investments"... right?

Using your 'method' I could pick some stocks that were low last year, and have increased vastly, then declare they 'are' the best investments... but that would be false.

If you want to declare what WAS the best investment, stand beside the roulette wheel at the casino, wait for the ball to stop, and tell everyone that whatever number came up is the best choice. A person would have made a 100% or more increase on their 'investment'.

Gold & silver were good picks since your first post. I hope you put a great deal of money into them.

But anyone can declare what WAS the best investment. wink That's not too hard, right?

pic
SuperBubba
9/7/2009 7:46:01 PM
Posts: 223
Member since 9/26/2007 11:38:31 PM
stars
Buy low, sell high. Metals are pretty high right now. Some homes are pretty low.

The only thing that has never lost value is fully automatic weapons. These are Class III machine guns. Legal in most states (not CA or DC..etc) with the ATF $200 stamp that is good for life.

my .02

pic
sargon (this topic's creator)
9/7/2009 9:24:10 PM
Posts: 1317
Member since 4/29/2002
stars
No TCK, there was no typing error. They ARE still the best investment. There will be market volatility as there is in any investment - more so in Silver than in Gold, but the overall trend is still up, and will be up for the next few years.

Real estate hasn't reached its bottom yet and won't for a couple of years. I agree that a gun is a good investment - it may save your life someday.

pic
tck_beachbum
9/7/2009 9:57:21 PM
Posts: 15104
Member since 7/5/2002
stars
So Sargon - you are buying a lot of gold & silver now, and you bought a lot back then?

You must be rich, rich, rich. Beyond wealthy. wink

pic
tck_beachbum
9/8/2009 7:53:48 AM
Posts: 15104
Member since 7/5/2002
stars
Sargon, I've been reading over all of the posts, and you are 100% correct.

You forecasted gold & silver to rise and they did indeed rise.

The most important aspect to investing (for me) is knowing when to harvest the return on the investment. I mean if someone buys gold at $500 and it goes to $1000 and then goes back down to $500, this 'best investment' yields nothing.

When will be the best time to take the investment return on gold & silver?

pic
tck_beachbum
9/16/2009 6:46:32 PM
Posts: 15104
Member since 7/5/2002
stars
Gold still powering past $1,000.

The precious metal continues to rally as investors eye a weak U.S. dollar and fret about inflation.

By Ben Rooney, CNNMoney.com staff reporter.

Last Updated: September 16, 2009: 5:37 PM ET

Search even deeper... who are you looking for exactly?