Twitter or Gold?
renman95
Posts: 7,037 ✭✭✭✭✭
Explain which and why in less than 140 characters.
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Gold is the past, present, and future.
Twerking is catching fire.
<< <i>all that twitter's is told. >>
Brilliant.
Knowledge is the enemy of fear
<< <i>I will stick with gold....... Twit's never interested me...far too many of them around..... Cheers, RickO >>
<< <i>I will stick with gold....... Twit's never interested me...far too many of them around..... Cheers, RickO >>
Today's gold is tonight's tweet.
twitter tanked
Does anyone know anyone that uses twitter? I was thinking about it today and while I hear idiots on TV talking about tweeting all the time I don't know a soul that uses it personally.
gold = gold forever
Successful BST deals with mustangt and jesbroken. Now EVERYTHING is for sale.
<< <i>twitter tanked
Does anyone know anyone that uses twitter? I was thinking about it today and while I hear idiots on TV talking about tweeting all the time I don't know a soul that uses it personally. >>
I used Twitter for about 6 months. Still occasionally to get news updates. That is about it.
Half novelty and half useful. The novelty half though always seems to fade.
Knowledge is the enemy of fear
<< <i>Twitter darn near doubled. What did gold do? >>
Maintained wealth, as it has always done.
Knowledge is the enemy of fear
<< <i>Maintained? Perhaps when compared to the US dollar, but we all know how we feel about US dollars. Gold certainly did not maintain value vs TWTR. >>
Depends what ones goals are. Those who favor bubbles and bought gold at $1500 plus have obviously taken a hit. Collectors and stackers with longer term objectives are doing quite well.
One can go to a casino and triple their money in a night if they are lucky. They can also lose everything. Neither example makes visiting a casino a better investment than gold.
Knowledge is the enemy of fear
<< <i>Another reference to investing and gambling. No wonder so many fail to outperform. >>
So buying shares in a company at 35 times revenue and negligible earnings is an investment rather than a gamble? Certainly one can profit on this type of crapshoot (oops, sorry), but clearly the risk is significant to say the least.
<< <i>
<< <i>Another reference to investing and gambling. No wonder so many fail to outperform. >>
So buying shares in a company at 35 times revenue and negligible earnings is an investment rather than a gamble? Certainly one can profit on this type of crapshoot (oops, sorry),
but clearly the risk is significant to say the least. >>
Of course, and so is the reward. The stocks that usually give the greatest rewards are those you described above. That doesnt make it gambling. Some may argue that buying PMs is gambling on the future destruction of the dollar and world economies.
Knowledge is the enemy of fear
The biggest gamble with spent money is that it might all be a waste.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>The stocks that usually give the greatest rewards are those you described above. >>
Until valuations become absurd. Twitter's revenues must expand tenfold to get the price/revenue ratio to 3.5 to 1. Even then the stock would be expensive. Noodles (NDLS) is a great example. With 200 restaurants, they were trading at a 200 PE. I explained to friend who was interested in the stock IPO that the chain would need to expand to 2000 stores at the same margin to get to a reasonable PE.
Fortunately he passed.
Every asset has a low price, a fair price, a high price and an absurd price.
Buying at absurd prices rarely is successful.
Of course. But if you have the opportunity to double your money in 3 months or 5 years, which would you choose?
Or, apparently silver at $40+ was an absurd price? Or maybe buying silver is gambling?
Im so confused.
Knowledge is the enemy of fear
<< <i>Explain which and why in less than 140 characters. >>
the 3-word question is like asking, "cotton candy or steak?" with no other context.
my answer is, "a little bit of one, and quite a bit of the other"
Liberty: Parent of Science & Industry
<< <i>Until valuations become absurd.
Of course. But if you have the opportunity to double your money in 3 months or 5 years, which would you choose?
Or, apparently silver at $40+ was an absurd price? Or maybe buying silver is gambling?
Im so confused. >>
Silver was absurd (in my opinion) above $30. It went well beyond the cost of production at that level. (I stopped actively buying at $27 or so).
I have no interest in trying to double my money in 3 months. Folks who got into Twitter and Amazon in the last 10 days learned a hard lesson.
I do!!
Investors in GLUU or MTRX do as well.
Knowledge is the enemy of fear
<< <i>I have no interest in trying to double my money in 3 months.
I do!!
Investors in GLUU or MTRX do as well. >>
Fair enough, but that is not investing. It is gambling!