Another thought provoking article. Although I would argue that Gold goes up with the rate of inflation. In 1930 gold was pegged at $21 an ounce. Now it's at $1400 plus and been in the $1800 range. This is directly attributed to governments around the world debasing their currency's this will continue.
If a currency ever fails. Gold and Silver will be the only thing with will hold its value. You won't get rich from it, but will not be at the bottom of the heap when a new currency is delivered.
Of course that assumes the governments are not there to take it from you.
I think Gold has a place in investing, as always. Don't put all your investments in one basket as the saying goes.
So I read your article about retire young. You buy 200 shares at $56 and change for abt $11,300 and sell a call for a few bucks. To give you a possible <6% return and protect your downside. If you think MNST is a take out possibility why would you cap that possibility. It's growing at 30% over next 4 years you say.
If you took your $11,300 and bought some DG stocks, in 20 years assuming you make 8% compounded over 20 years not including your dividends but add $100 each month to your investing. You would have about $115K.
Find a MNST like growing company 10 years earlier, buy your $11,300 worth and today you would have $1.57 million. Assuming you didn't sell any shares or get your stock called away for the few bucks you are trying to scalp selling options. That's how you retire young.
Eagle, I wonder the same thing as well after a time you get to notice it. http://bit.ly/NM88x7 If you watch volume on a daily basis compared to the volume on prior days today was not a great increase in comparison. see above for NASDAQ volume and below for SPX http://bit.ly/NM88x9
A 1% more higher later this week or next with increased volume would help confirm a new trend higher.
Why You Should Read About Procter & Gamble Instead Of Apple [View article]
Thanks for the article. I've read several of your's before. What is your thoughts if the Dividend tax rate is changed? Do you make it a point to sell Dividned leaders if they advance to far to fast? I'm trying to build a dividend growth portfolio for retirement and add COP today with the pullback, although I had my eye on it since the Aug lows.
How Blue-Chip Dividend Investing Gives You Instant Gratification [View article]
juxtapose!!! Really.
Good thing all these electronic devices have define word on them.
Gold Vs. Coca-Cola [View article]
Another thought provoking article. Although I would argue that Gold goes up with the rate of inflation. In 1930 gold was pegged at $21 an ounce. Now it's at $1400 plus and been in the $1800 range. This is directly attributed to governments around the world debasing their currency's this will continue.
If a currency ever fails. Gold and Silver will be the only thing with will hold its value. You won't get rich from it, but will not be at the bottom of the heap when a new currency is delivered.
Of course that assumes the governments are not there to take it from you.
I think Gold has a place in investing, as always. Don't put all your investments in one basket as the saying goes.
How Blue-Chip Dividend Investing Gives You Instant Gratification [View article]
Love reading all of your articles. This is another great one.
juxtapose!!!! Really.
Good thing we can all instantly define words on our electronic devices without going to the library.
The 'Retire Young' Portfolio [View article]
You buy 200 shares at $56 and change for abt $11,300 and sell a call for a few bucks. To give you a possible <6% return and protect your downside. If you think MNST is a take out possibility why would you cap that possibility. It's growing at 30% over next 4 years you say.
If you took your $11,300 and bought some DG stocks, in 20 years assuming you make 8% compounded over 20 years not including your dividends but add $100 each month to your investing. You would have about $115K.
Find a MNST like growing company 10 years earlier, buy your $11,300 worth and today you would have $1.57 million. Assuming you didn't sell any shares or get your stock called away for the few bucks you are trying to scalp selling options. That's how you retire young.
Good luck with the series. Should be interesting.
Big Wednesday Short Squeeze [View article]
http://bit.ly/NM88x7
If you watch volume on a daily basis compared to the volume on prior days today was not a great increase in comparison. see above for NASDAQ volume and below for SPX http://bit.ly/NM88x9
A 1% more higher later this week or next with increased volume would help confirm a new trend higher.
Good Luck!
Big Wednesday Short Squeeze [View article]
Why You Should Read About Procter & Gamble Instead Of Apple [View article]