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Originally Posted by ASBSECU E93
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Originally Posted by Mywifes335
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Originally Posted by ASBSECU E93
That's a LOT of down side....
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If your downside risk is <30%, you probably shouldn't be invested in any markets. Not a dig, just being honest.
Nothing is safe these days. Interest rate hikes have been imminent for years...only way to go is UP, so debt markets will eventually get crushed. And we're flirting with sky high equities indices...fueled by lackluster earnings and a shaky global economic environment. What do you think the downside is here? Equities always have a downside risk of $0. People forget that.
Gold has intrinsic value and 30% downside is pretty much the floor.
Real estate? Maybe. But people have really short term memories. EVERYTHING was down in 2008/2009. I think in highly speculative South Florida, real estate was down over 50%? I'm just approximating. |
Good is not a commodity you can personally convert to cash at perceived market price when holding the actual precious metal.
I can rent my investments for market value everyday if the week. More not that supply is shrinking and affordability for many who had credit issues during the recession.
Also - I started buying in 2009 and progressively allowed the 'correction' to work in my favor.
To each their own - but I'd be leery of precious metals as a significant hold for future earnings. |
Metals aren't a hold for future earnings, imo... More of a hedge against shit hitting the fan. I've got plenty, but not because I expect it to make me boatloads of cash. I have it because, well, I don't want the literal cash...