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What will out perform this year PM, Coins or Stocks ?

Type2Type2 Posts: 13,985 ✭✭✭✭✭
This is what I think with the banks stocks all down now is the time to buy, I did buy a lot of City corp "C" City bank CTBK, B of a "BAC" and GE ticker "GE" last mo. but the big move will be tomarrow and just seeing what you all think. I know alot will go with Gold for inflation but I can buy a lot of bank stock for $950.00 Thanks in advance, Type2.


Hoard the keys.

Comments

  • notwilightnotwilight Posts: 12,864 ✭✭✭
    Who might answer this question that you know their ability as an investment adviser? --Jerry
  • rgCoinGuyrgCoinGuy Posts: 7,478
    How much of your money has congress already given to each of these banks?
    imageQuid pro quo. Yes or no?
  • This content has been removed.
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    Stocks, by far IMO.

    I put new money in the market for the first time in 9 years two weeks ago.

    I took money set aside for error coins and put into the market one week ago.


    IMO This is a once-in-a-lifetime stock buying opportunity.
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    I dident think it was my $$$ after I gave it to the Gov. When I gave them my $$$ it's not my money any more. They can give all they want. Just as long as the stocks I buy go up in price. But that is just me. image


    Hoard the keys.
  • lkeneficlkenefic Posts: 8,544 ✭✭✭✭✭
    I think the question is... which stocks??
    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Gerald Calente on $2,000 Gold and the new great depression


    Gerald Calente Podcast
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭


    << <i>I think the question is... which stocks?? >>



    This is only my opinion ....

    Look at stocks like GE, BAC, QQQQ, XLF, or throwing darts will probably work as well image
  • lkeneficlkenefic Posts: 8,544 ✭✭✭✭✭
    Yeah... GE does look good... so does throwing darts! image
    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭
    I have no idea.
  • AIG made a few people alot richer last week,those whow bought mucho shares at 35 cents and sold at 2 bucks.
  • TahoeDaleTahoeDale Posts: 1,785 ✭✭✭
    Even for the truly rare coins, that all collectors dream of owning, a one year period is way too short a period of time to forecast a rise, or dramatic fall.

    For generics, this year will be a very probable ho-hum.

    For gold, I would expect to see a close at levels above those at the start of the year.

    For stocks(DJII, S&P), no question there will be a roller coaster ride, and at the end of the ride, somewhat higher than at the start.

    But anyone buying any of the above should have a lot longer time period to hold/invest, than 1 year.

    Higher yield corp. bonds, muni's and some high return income funds will be the safest route.
    TahoeDale
  • JoflaxJoflax Posts: 979
    I have my own ideas but I will not share them because I am not an "investment advisor". I have also done exactly the opposite of what the invesment advisors have been touting over the last few years and find myself in very good shape to deal with what I believe the future holds.
    Buy the dips!!!
  • 291fifth291fifth Posts: 24,670 ✭✭✭✭✭
    "Investment" advice should be banned from this board.
    All glory is fleeting.
  • storm888storm888 Posts: 11,701 ✭✭✭
    "...IMO This is a once-in-a-lifetime stock buying opportunity..."

    //////////////////////

    Yup.

    Gotta pick smart and lucky, though.

    And, you gotta move in and out, and be ready to
    SHORT stuff when it gets too pricey.

    A simple buy and hold scheme is just too risky.

    Also, some protection via options and other hedges
    is smart.

    ...........

    Owning some PMs is a must, but throwing everything
    into them and letting them sit is not the answer. You
    can build great hedges with GLD/SLV against your physical
    stash. You can also use GLD/SLV as VERY profitable
    trading vehicles.

    .......

    Defense spending will increase this year and beyond.

    .......

    Young folks should be looking for STEALS in rental properties.
    They should start TODAY.

    .........





    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • phehpheh Posts: 1,588
    oil
  • FatManFatMan Posts: 8,977


    << <i>"Investment" advice should be banned from this board. >>

    Investment advice is not a problem. It only becomes a problem if someone is stupid enough to take the Investment advice given on the board.image

  • all you have to do is look at history, what happened after the last "Bail Out?"

  • all you have to do is look at history, what happened after the last "Bail Out?"


    Isn't the Democrat party dong the same exact things
    they did back in the 1930's, to "solve" the same
    exact problems?

    Why should we expect the democrat party outcome
    to be any different then the outcome they gave us
    in the 1930's?

    Regards, Steve K.
  • jmski52jmski52 Posts: 23,224 ✭✭✭✭✭
    If they print enough "money", then Citi, BAC and GE will certainly go "up".

    It's all relative, man. Don't forget to pay your taxes on the "gain".

    Sorry, I just can't get behind the idea of this government mismanagement.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • MrEurekaMrEureka Posts: 24,404 ✭✭✭✭✭
    Gerald Calente on $2,000 Gold and the new great depression

    What an idiot! Thanks, Tom. That's 13 minutes of my life I'll never get back. image
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,681 ✭✭✭✭


    << <i>Gerald Calente on $2,000 Gold and the new great depression

    What an idiot! Thanks, Tom. That's 13 minutes of my life I'll never get back. image >>




    OK, OK. Quit beating around the bush. So -- did you think that was good, sound, credible advice or not?


    image
  • bidaskbidask Posts: 14,022 ✭✭✭✭✭
    Stocks have alot of catching up to do to beat coins or precious metals this year.......2009.

    And there are alot better stocks to buy than banks or GE.

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    hmmmmmmmm!!!!!!! image
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,554 ✭✭✭✭✭
    The right choice is a matter of one's entry point and exit point. The studious will make money in all three.
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    WOW, That was not bad.


    Hoard the keys.


  • << <i>WOW, That was not bad. >>



    Not bad at all!

    My mother had a $10,000 CD mature 3 weeks ago and she asked me what she should do. I told her to take half of it and buy Citi at $1 per share.

    Of course she didn't but then she would have been mad if Citi had tanked (generally speaking of course) and I would have felt bad.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    I think "some" generic coins could be promoted and do very well by the end of the year....but not most of them.

    There are no doubt some great buys in stocks right now and others to show up throughtout the year. That said, I think the potential for another overall market setback from June-September is possible and could be hard to dig out of by December. If stocks still perform superbly by the end of year, then so will most other assets that are inflation driven. Citi and AIG may be up multiples, but let's not forget that they are insolvent entities that have little chance of ever legitimately cleaning up their balance sheets. Funny that some great gains on these former "penny" stocks can make everyone forget what their true fundamentals are about.

    To keep this thread on topic, I'd vote for 90% silver coins having the best returns in 2009, at least better than stocks and "rare" coins.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    Yes, If we ever see Gold or Silver coins come out of the mint this year they will be keepers so grab them if and when you can, But that is just me. image


    Hoard the keys.
  • LakesammmanLakesammman Posts: 17,453 ✭✭✭✭✭
    I'm investing long term - buying tangible assets and awaiting inflation. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • I vote for PM but I have my feet in all 3


    I have a very strict gun control policy: if there's a gun around, I want to be in control of it - Clint Eastwood
  • derrybderryb Posts: 37,612 ✭✭✭✭✭
    Gold mining stocks (juniors), gold coins, silver bullion, gold bullion in that order

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • IrishMikeIrishMike Posts: 7,737 ✭✭✭
    Got out of the market 3 years ago, got out of the coin market a year and half ago, now back into the stock market. Its better for the majority of us in the stock market recovers.
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    Sold the last of my C today premarket image Wanted it for the long term, but with talk of a reverse split, I don't want to hold it, will switch to BAC.

    Held the GE, Probably for the long term as i bought on a 15 year low.

    Looking to buy BAC on a correction.


  • EdscoinEdscoin Posts: 2,028 ✭✭✭
    Something tangible that can be traded for something tangible. If you buy something that you have to sell, even IF it goes up. You are just going to get more worthless dollars for it.
    ED
    .....................................................
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    IMO a little too far a little too fast so I shorted the S&P today SDS for a short term move.

    We will see
  • mozeppamozeppa Posts: 4,431 ✭✭✭


    << <i>oil >>



    crisco or olive?
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    Had to give this one a bump, If I only picked up $50,000 worth man Iam doing O.K but only if. I think when I 1st posted this the markit went up 300+ ponts the next day or two and keep going. image


    Hoard the keys.
  • As the stock market goes, so goes coins IMHO.
    And the stock market scares me under the present administration.
    Since your post, gold has closed above $1100 for the first time.
    The dollar is falling in value on a regular basis.
    My money in the market is mainly in energy and PMs.
    Not the commodity but respected companies that produce them.
    Right now, Apache Corp. (APA), British Petroleum (BP) and Newmont (NEM) make up 80% of my portfolio.

    So far this year, they've done well.

    JT
    It is health that is real wealth, not pieces of gold and silver. Gandhi.

    I collect all 20th century series except gold including those series that ended there.


  • << <i>Stocks, by far IMO.

    I put new money in the market for the first time in 9 years two weeks ago.

    I took money set aside for error coins and put into the market one week ago.


    IMO This is a once-in-a-lifetime stock buying opportunity. >>




    I think the big buying opportunity was 6 months ago, still I'm hoping for at least a decent return from stocks. Gold seems to be catching on with the "secular" market, if it does we could see another "bubble" and gold at 2-3K.


  • << <i>all you have to do is look at history, what happened after the last "Bail Out?"


    Isn't the Democrat party dong the same exact things
    they did back in the 1930's, to "solve" the same
    exact problems?

    Why should we expect the democrat party outcome
    to be any different then the outcome they gave us
    in the 1930's?

    Regards, Steve K. >>




    You can't be serious. I must have studied a different history book than you, I don't remember any big "bailouts" in the 30's. and I thought we were going to stay away from politics here.
  • DeepCoinDeepCoin Posts: 2,781 ✭✭✭
    For those of you who did not get this part of history, the major problem with the depression was a lack of liquidity. The present Treasury secretary studied this issue extensively in graduate school and while you may disagree with his actions, so far the results are better than I had expected.

    I have a diversified portfolio and the stock portion of the assets are up 30% this year. There is still a lot of money on the sidelines and all that 401k money has to go somewhere each month. I would vote for the market in terms of guessing what will provide the biggest returns over the next year.

    If I had discretionary income to gamble with, I would make a real estate play in that prices are depressed and interest rates are very low right now. This advice is worth exactly what you paid for it.
    Retired United States Mint guy, now working on an Everyman Type Set.
  • ......Congressmens' portfolios.......(NO Emoticon)
    ......Larry........image
  • ElcontadorElcontador Posts: 7,679 ✭✭✭✭✭
    The absolute worst stocks you can buy are bank stocks. They are still carrying all of their non-performing CDOs, etc. All the bailout did was give them taxpayer $. I would date a 13 year old girl before buying any of them, and I don't do jailbait.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    Yes I like both but a little shy with Gold and Sliver Iam still buying but not as much as the rest and image with the "so far the results are better than I had expected" but will keep buying more stock for now. the day I 1st posted this back on March 22, the next day the S&P went up 500 ponits 7% that was killer Iam not a expert but that was a good call just wish I pick up more. So I am going in for more today. It's being pulled back like a rubberban and going to snap back very soon, But that is just me. image


    Hoard the keys.
  • leothelyonleothelyon Posts: 8,484 ✭✭✭✭✭
    What will out perform this year PM, Coins or Stocks ?

    Jefferson nickels?


    Leo image

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

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