:(

lunytune2

Why is gold dropping like this ? Because I dropped 10k @ $1814 .... thats why

Smittys

add me to the list, I bought everyday last week without selling.
Ugh

ricko

Relax... it will rise again.... Cheers, RickO

fivecents

Are you in for the long haul? If so don't sweat the intense price swings.

pmcollectour

We'll all be in that boat soon enough if the breaks aren't applied.

My major purchases occured this year at 1,210 and 1550, so I may be a little underwater soon too.

wpr102

Flight to safety... big institutions preparing for a Euro collapse

Bochiman

Like a few folks have stated over the weeks.....when the public starts jumping in, and the media jumps on the bandwagon, run the other way!
I've been watching places that never have done ads (not printed that I have seen regionally, nor radio, nor TV) do ads in the local media.
Talking about local B&M shops.

The newspapers have article after article about the bullion run. The radio ads do as well. TV news talks about it.

To me, that was a sign not to get in. Sure, I missed a bit of a run-up, but if I had bought in, ran with the run-up, and held it, then I would be even or down now.

Buy when others are doing other things with their funds.....

lunytune2

I'm in for the long haul , This is the firt time I "INVESTED" instead of "COLLECTED" .... very nerve racking .

Bochiman

imho, one has to be careful about just thinking they are "in it for the long haul".
There are opportunity costs that are occurring....

If one does the "long haul" mentality (which is what I do to be honest), one should try dollar cost averaging, just like in stocks.

When one does chunk buys, then one can get hit...just like this last week. So, long haul may mean you miss out on opportunities.

I have $4000 of "fun money" to invest/play with....should I:
A) "Invest" it all at once, right now?
Watch the market and try to time it and sink all $4000 when I think it is the right time?
C) Find what I think is a good spot and invest $1000 of it, then a (week/month) later, do another $1000 (rinse and repeat to the total amount)?

Just a thought...

OPA

<< <i>imho, one has to be careful about just thinking they are "in it for the long haul".
There are opportunity costs that are occurring....

If one does the "long haul" mentality (which is what I do to be honest), one should try dollar cost averaging, just like in stocks.

When one does chunk buys, then one can get hit...just like this last week. So, long haul may mean you miss out on opportunities.

I have $4000 of "fun money" to invest/play with....should I:
A) "Invest" it all at once, right now?
Watch the market and try to time it and sink all $4000 when I think it is the right time?
C) Find what I think is a good spot and invest $1000 of it, then a (week/month) later, do another $1000 (rinse and repeat to the total amount)?

Just a thought... >>



Forget about market timing ... the odds are against you. Coin toss between a & b, if it lands on heads pick a)

Timbuk3

I'm in a similar boat !!!
Good luck !!!

cohodk

<< <i>Like a few folks have stated over the weeks.....when the public starts jumping in, and the media jumps on the bandwagon, run the other way!
I've been watching places that never have done ads (not printed that I have seen regionally, nor radio, nor TV) do ads in the local media.
Talking about local B&M shops.

The newspapers have article after article about the bullion run. The radio ads do as well. TV news talks about it.

To me, that was a sign not to get in. Sure, I missed a bit of a run-up, but if I had bought in, ran with the run-up, and held it, then I would be even or down now.

Buy when others are doing other things with their funds..... >>




Yup. In retrospect, this was a flashing neon sign.....

Gold ETF Now Bigger Than S&P 500 ETF