Thread: Investing 102
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Old 04-16-2013, 05:47 PM
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GregWeld GregWeld is offline
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Quote:
Originally Posted by Bucketlist2012 View Post
Again Greg..Thanks for taking the Time to give your input on things...


My input isn't worth the paper it's written on.... it's just the ramblings of a worn out old guy with nothing better to do. Hey! That sounds like a description of CONGRESS!!



NOTE TO TONY.... how many people do you know that have the ability to safely store precious metals? If you pay for offsite storage you've lost your ability to access in an emergency... so it needs to be at home. I don't know about you -- but I'm not storing 50/100 grand or more in "cash"/"metals" in my house. And I have some pretty bitchin' safes (at least TWO of them and they're far larger than the average guys!) It's hard to keep a secret -- and these days -- with kids posting crap on the internet -- who knows what they tell their friends and then their friends tell someone else - and the next thing you know you're duct taped to a chair with a gun to your head or worse. No thanks.

I think that's why they invented BANKS in the first place. I don't keep stock certificates either. They're all electronic -- somewhere...

I guess that after 200+ years -- I have to place some faith in my government even as F'd up as they seem to be... ya gotta trust someone... and if our government goes to hell... I don't think we'll be worrying about a few lousy bucks stored out back in our buried coffee cans.

Take the money - put it in a brokerage - invest it wisely - let it grow... let it EARN money... next thing you know - you'll only be worried about which car you're going to have to wash tomorrow before you head off to a show somewhere.
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