A Mid-Year Look at 2008 Predictions [View article]
We still need to work at improving our lives and we won't do it by buying gold or silver.
It is false advice to buy gold and silver. These commodities go up and down just like everything else. Also, at the moment, neither silver or gold pay a dividend and you will not earn any interest either.
Tim is right about the real estate market, which also goes up and down. Those spec builders sold to spec investors and the banks and mortgage companies gave spec loans to spec buyers who were never able to afford the house they dreamed about.
As a 65 year old retired person, I have seen all the ups and downs that have caused major losses for many people. My strategy is to get paid now for the use of my assets and dividend yields of over 7% with average risk, over time, works just fine.
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We still need to work at improving our lives and we won't do it by buying gold or silver.
Jul 04 06:35 am
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All Comments by jjason »A Mid-Year Look at 2008 Predictions [View article]
It is false advice to buy gold and silver. These commodities go up and down just like everything else. Also, at the moment, neither silver or gold pay a dividend and you will not earn any interest either.
Tim is right about the real estate market, which also goes up and down. Those spec builders sold to spec investors and the banks and mortgage companies gave spec loans to spec buyers who were never able to afford the house they dreamed about.
As a 65 year old retired person, I have seen all the ups and downs that have caused major losses for many people. My strategy is to get paid now for the use of my assets and dividend yields of over 7% with average risk, over time, works just fine.
And if you can get 10 or 12% that's even better.