GOLD 0.51% $1,391.7 gold futures

gold, page-63423

  1. 22,174 Posts.
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    The only thing you really have and you keep banging on about is the dji. If that happens to have a major correction , which it quiet possibly do in the near future , you will only have property.
    every investor knows about investing in property. As yourself, we all know what a good idea it is. You think you are a genius. On this basis you are not.
    The things you dont mention is the possible headaches that come with having an investment property and the costs associated with it.
    The sharemarket is a very risky business. There has been major corrections every 10 years and the money you had in there would take another 10 years to recover ( as it had been the case in Australia)
    it took 10 years for the all ords to climb back up to the level it was b4 2008 crash.
    Gold amongst other things is an insurance policy but also provides a good investment ( excellent returns over the last 20 years). It is also a great hedge against currency devaluation for many if not most of the world currencies against the US dollar.
    Gold miners are more risky but have the added advantage of the 'drill bit'.
    So please stop going on about how good you are with property and your beloved DJI.
    There are pros and cons for every investment device.
    I am sure as investors we have made good returns in property, sharemarket and in the goldspace.
    i know i have.
    i dont agree with having posts wanting you to die as has been posting. But You seriously need therapy in some areas.



 
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