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I think you are overestimating the usefulness of gold and silver in a collapse. People will not know how to value it and the most important things are going to be food, water, power, useful shelter. If someone with a lot of food wants fuel he will trade food for fuel as he cannot really use gold to actually provide a...more
It doesn't really matter where the stock market goes. For investment money (not emergency money), just dollar cost average by investing in a S & P ETF with equal monthly amounts. You will buy more shares at lower prices and less at higher prices. No worry and no fuss. Just profits. Over 20 years you will be amazed...more
No doubt, the worst President in the history of our republic. No one President has done more harm to the Constituion, individual liberty, the cohesive nature of the American people, and the future generations.
I don't have a massive amount in cash, but I DO have more cash in my retirement accounts than at any time in my working life! This market is being manipulated by the FED.
I hate to say it, bad language aside, but SRTdriver makes more sense, more American sense than all the crap coming from Washington for the last 50 years!!! And that includes the lousy American Press. What an excuse for news ABC, NBC, CBS, CNN, HNN, etc. It is an embarrassment. Too bad most Americans cannot, or refu...more
Your at the mercy of the market makers when you use stop loss orders of any kind. This is especially true of less traded and higher volatility stocks. I had a stop loss on RIG a long time ago and hell if the market maker didn't put a buy in at 3 dollars lower just to pick up all the stop loss orders. Then the stock ...more
Just buy a little at a time by dollar cost averaging an S&P fund. You buy less at a high price and more at a lower price. No decisions. You always win. I retired at 50 using this strategy after I learned the hard way.
3/11/2013
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