When will long-term investors have any cash to deploy? If you believe in their mantra, most of them think people should be nearly fully invested nearly all of the time - it is rare to have a long term Buy and Hold investor to keep 30% in cash for buying opportunities. How much of a loss are you willing to suffer waiting for a recovery? 10%, 20%, 30%? Do the numbers and see what kind of gain you will need to recoup to the break even point on several loss levels to get an idea of how long you may need to wait. For example a 30% loss requires a 43% gain to get back to the break even. A 20% loss takes a 25 % GAIN to get back to even.$100,000 - 20% = $80,000 . 80k X 25% = 20,000 +80k =100K There are few assets like PM's that are liquid and have NO counterparty risk. If you know of any that perform that function please post it for all to see. The fact of the matter is that some people ONLY save any money because of Precious Metals. If it were not for their gold and silver many would not have any money saved or invested. They would have Beanie babies or some other fad item. The people that buy Silver Eagles are much happier ten years later when they bought those coins made of PM's for their grandchildren (or whomever) when they find out the $8 - $12 bucks they spent is worth more than they paid.And the recipient learns a valuable lesson from it. There are good gifts and not so good gifts. Silver Eagles rank near the top of the list. Don't underestimate the power for people to develop good savings habits using PM's . It's fundamental. Our welfare system is a huge drain on the economy .Those of us working for a living instead of voting for a living see huge holes in our paychecks every week. As unfortunate as it is to know that cuts to foodstamps and welfare will likely cause a bit of suffering, it’s not the job of the government to forcibly remove money from the pockets of hard working Americans in order to take care of those who won’t work. Granted, there are some people who genuinely need the help, and those folks get dragged into the mud with the abusers, which isn’t fair to them. Now, just because the government shouldn’t be “helping” those in need, doesn’t mean we as Americans should forego kindness and charity. Quite the opposite. Americans are some of the most generous people on the planet, but unfortunately, that generosity gets quelled when the government is involved.Without the government in the way, regular every day individuals like you and me need to step up and start helping those who are in dire straits. That’s how this country used to be long before all of the social welfare programs, and it’s what made our nation so wonderful. If the government insists on being “helpful,” they can start by reducing taxes and ridiculous regulations that overburden small business owners, which will free them up to expand their companies and hire new workers. Two of my favorite comments ever on SA Avi Gilburt , Contributor
WOW!!! So, I guess when sentiment is at historical lows, we MUST assume it can only continue down!! lol
All you say constantly over and over is "I don't understand how it can work, so, clearly, it does not work." That really does not need much of a "demonstration" or response.
........................ In 1971 Nixon set the price of gold at $31/oz, today it's around $1,200, so in 45 years the price has gone up 3,158% or so if my math is sound. If you bought your stock in 1971, when the S&P was around 700 you realized a very impressive gain but well short of gold and what it buys you now in 2017 .
....................................................................................................................................................... Let's say 50 years ago, 1964, your grandfather bequeathed you an inheritance worth $1,000, which he put in a pretty box with your name on it. At this moment, you are about to open that box… Would you be happy to find his personal check dated 1964 made payable to you; would you rather find ten $100 Federal Reserve Notes; or would you prefer to find that thousand bucks in the form of 4,000 silver quarters, the steady constant value of 715 ounces of silver, with a current dollar number north of $12,500? Would your choice be the same if you were putting your wealth away today for an heir to receive in ten, twenty, or fifty years?
..................................................................................................... Financial contagion happens at both the international level and the domestic level. At the domestic level, usually the failure of a domestic bank or financial intermediary triggers transmission when it defaults on interbank liabilities and sells assets in a fire sale, thereby undermining confidence in similar banks. An example of this phenomenon is the subsequent turmoil in the United Statesfinancial markets. International financial contagion, which happens in both advanced economies and developing economies, is the transmission of financial crisis across financial markets for direct or indirect economies. However, under today's financial system, with large volume of cash flow, such as hedge fund and cross-regional operation of large banks, financial contagion usually happens simultaneously both among domestic institutions and across countries. The cause of financial contagion usually is beyond the explanation of real economy, such as the bilateral trade volume.
I am 40 and would like to retire before 60. I am fortunate to work for a state government and I am vested in their pension. So, I am set when I turn 60+. Because I don't have to worry about saving for a normal retirement age, I have been able to put almost all of my savings towards the goal of early retirement, by investing in a taxable brokerage account.
I only buy long, mostly US dividend stocks in all sectors. I anchor my portfolio with Blue Chip stocks, but find I get the best return by investing a portion of my money in riskier stocks and do not have a problem with including MLPs, REITs, and BDCs if the financials look right to me.
Brian Hannah Retired: 2015 at age 60, and now manage our family investments.. Plan: Live on rents and dividends, without selling any of our solidly performing properties or companies. Background: Husband & Father, CEO Healthcare, M.S. Healthcare, B.A. Business. Life Interests: Dividend Growth Investing, Real Estate Investor, Bank Investor, Board Member, and Healthcare Faculty Member. Goals Make wise choices with what we have, and living a full and healthy next half of our lives. Focus on family, personal growth, financial wisdom, joyful living, physical fitness, and studying the lives of the great men and women of our world. Income: Like you, we have taken on the challenge of developing adequate income streams to support our life in retirement. Our investments currently produce rental income and dividends adequate to support our lifestyle. Your comments and advice are always appreciated. Brian
I am an Oil & Gas industry professional working in the industry since 1977. Current owner of an Oil & Gas well service company based in NY. Providing safe, efficient and environmentally sound services to the oil and natural gas industry in the Appalachian Basin. Employing 40+.
Services include: consulting, work over, completion and swab rigs, trucking, fluid hauling, roustabout, frac tank and tool rental.
My investment portfolio is invested in Gold, Silver and companies that operate in the Oil & Gas industry. I only invest in industry's and company's whose operations I am familiar with.
Opportunistic global value long/short investor. Long term (5-20+ years holding periods) investment approach. Currently studying at Wharton School of Business and working for Quaker Capital Investments.
Current Areas of Interest and Strategy:
Value Large Cap U.S. Companies with exceptionally strong balance sheets and/or cashflows
Value Large South Korean Companies
Value Large Polish Companies
Value Large Russian Integrated Oil Companies
Bubbling tech stocks that won't be able to grow into their valuation
Poor quality U.S. businesses trading at exceptional valuations
Independent retail investor. Interested mainly in acquiring solid DGI stocks for the long term, employing a smaller portion of funds to higher risk/yield securities. Occasionally employ options to enhance returns or manage risk.