When the stock market tumbled, were you elated to have your bucks in coins? and now?
RegistryCoin
Posts: 5,117 ✭✭✭✭
If you sold your stock, before the big (50%+) "correction" and put it into coins, what now???
Putting back into stock, a mix as usual, or???
Putting back into stock, a mix as usual, or???
0
Comments
Unfortunatly, I know little about the stock market other than I invest in a mutual fund every month. I make it a point not to look to see if I've lost or gained too often. That takes a lot of my short-term antseys away.
I KNOW coins, and am very confident I have the ability to invest in particular coins that will show a strong return over the next few years.
David
move to date is caused by speculation or the fall of the dollar. It has been time to
start shifting money back into the market for several months now, but it will be
years before you should be fully invested in the market again. The next time will
be far more profitable than the '82-'96 run up. In the mean time protect your capital
and keep your powder dry.
real estate
specially up here in the north east, although i think the sellers market has ceased for now.
Go BIG or GO HOME. ©Bill
<< <i>The stock market will not be a good investment for a few years yet. Most of this
move to date is caused by speculation or the fall of the dollar. It has been time to
start shifting money back into the market for several months now, but it will be
years before you should be fully invested in the market again. The next time will
be far more profitable than the '82-'96 run up. In the mean time protect your capital
and keep your powder dry. >>
I disagree ... the stock market is on sale now! The people who place new money into it will have the biggests gain. Buy low Sell high. Plus the market went up over 20% last year hmmm glad I bought it while it was on sale!
Coins remain a smaller part of my assets, then bonds and real estate while stock continue to be my largest investment.
<< <i>
I disagree ... the stock market is on sale now! The people who place new money into it will have the biggests gain. Buy low Sell high. Plus the market went up over 20% last year hmmm glad I bought it while it was on sale! >>
The dollar is down more than 20% so it's lost money.
The market is low so it's a good idea to start buying but in all likelyhood it will stay "on sale"
for a protracted period. In the mean time there are other things which will do better.
20% U.S. stocks
20% International Stocks
20% U.S. Bonds
20% International Bonds
20% Other - REITs, Junk Bonds, Coins, etc.
Change the % a little if you want to bet on one area, but be in everything!
Greg
The stocks I used to have tanked, the coins went up-up-up, and my wife decided I absolutely know what I'm doing!
I sold my Morgan Registry set late last year and paid off the house -- which, back in my college days, I never dreamed could be possible before age 50.
Whatever, I can still sell my stock for 120% and buy 20% more milk, gas, car, house, etc.
-KHayse
Overland Trail Collection Showcase
Dahlonega Type Set-2008 PCGS Best Exhibited Set
We are well into a commodity-based bull market and anything else is second fiddle for a while. Traditional stock funds are a sucker's bet imo. The 20-30% made this year looks good now, but wait until it falls apart (3-5% daily drops in the indexes) and everyone tries to exit at the same time.
roadrunner