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Joined: Jan 2015
Posts: 3
New Member
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New Member
Joined: Jan 2015
Posts: 3 |
Market timing is for fools. Some people may be able to do it, but when I tried in 1982-1994, all I did was loose money. I bought Cisco and Microsoft and all the things that would have made me rich, but I sold at a loss at the first down turn. I lost so much money, that if someone could figure out what I did, and do the opposite, they would get rich. Then I switched from being a technical market timer, to a fundamentalist long term investor. What is the long term annual compounded return on: Gold 3% Guns 3% Guitars 3% Real estate 6% Real estate [with 20% down payment] = 30% Stocks 9% Google over 27 years = 12% Amazon over 24 years = 35% Microsoft over 35 years = 25% Apple over 40 years = 19% paccar over 41 years = 11% purchasing power of US dollar over 50 years = -3.7%
Last edited by CashGap; 04/15/21.
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Joined: Jun 2008
Posts: 13,354
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2008
Posts: 13,354 |
Stocks at an all time high, real estate at ridiculous levels, squat for interest at the bank...........Market has a feel that a pull back in coming soon. Begs the question, where to put a couple grand? If you're asking for short term safety that's one thing, if you're asking for short term growth that's another. When do you want your money back? 100%
Eat Fish, Wear Grundens, Drink Alaskan.
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Joined: Jun 2008
Posts: 13,354
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2008
Posts: 13,354 |
About 50% divided between Eth and Btc, the rest in mostly big cap alt coins and some small cap hopefuls. ETH has done well for me as has DOGE. Real Estate in the right locale and at the right price! Yes there are some bargains to be had still, though harder to find now they do still exist. Major staples in the Stock Market are still good investments. Watch the daily trends for a few weeks and you'll be able to pick up shares on a downside. Everyone claims they make money in coins, yet from my investigating mainly only the dealers truly make real profits. Yup I know a whole lot of you are going to jump on here and say otherwise! Good for you, I wish everyone success in any and all investments they make.
Eat Fish, Wear Grundens, Drink Alaskan.
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Joined: Oct 2003
Posts: 3,859
Campfire Tracker
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Campfire Tracker
Joined: Oct 2003
Posts: 3,859 |
I hope you're still holding that Doge! Wish I was, but sold mine back around .10.
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Joined: Jun 2008
Posts: 13,354
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2008
Posts: 13,354 |
I hope you're still holding that Doge! Wish I was, but sold mine back around .10. I sold to recoup my initial investment, I have my profits riding now.
Eat Fish, Wear Grundens, Drink Alaskan.
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Joined: Apr 2004
Posts: 990
Campfire Regular
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Campfire Regular
Joined: Apr 2004
Posts: 990 |
For the short term...I'd invest in material things that may disappear in a nanny state...non-def dependent tractors and equipment, imported magazines like glock 30 round mags and home grown scary ones like ar 20 and 30 rounders, any drum magazine that you like, any non california compliant platform/parts that you like...these are things that could disappear with pen strokes. Like freaking gas cans that have been over-engineered and forced upon the rest of the US because of some save us from ourselves philosophy.
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Joined: Jul 2001
Posts: 8,759
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2001
Posts: 8,759 |
Market timing is for fools. Exactly Beanman! Amazing how many on here can predict the market among other matters.
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Joined: Dec 2013
Posts: 44,355 Likes: 7
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2013
Posts: 44,355 Likes: 7 |
Market timing is for fools. Exactly Beanman! Amazing how many on here can predict the market among other matters. I predict ammo, guns, loading components, and loading equipment will become scarce.. and valuable. "Hard goods". Lol. 
Slaves get what they need. Free men get what they want. Rehabilitation is way overrated. Orwell wasn't wrong. GOA member disappointed NRA member 24HCF SEARCH
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Joined: May 2004
Posts: 5,200
Campfire Tracker
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Campfire Tracker
Joined: May 2004
Posts: 5,200 |
I have $16,000 waiting since January . So far I have lost a good 5 or 6%. I cant wait forever so I am going to invest in consumer staples.
1)Delmonte
2) gold ( trust)
3) gold miners ETF (gld) I think
4)Renolds ( tin foil)
5) Clorax
6 Proctor & Gamble
7) Campbells soup
8) Kimberly Clark
I also decided to buy a TC Renegade 50 cal. muzzleloader for 300 bucks , just cause , ya never know.
It is kind of my own home made consumer staples ETF... Most of these did not go through the roof last year and the ones that did ( Clorox) are coming down enough that they are in the buy price range and over sold.
Last edited by ihookem; 04/17/21.
But the fruits of the spirit is love, joy, peace, patience, kindness, goodness,faithfulness, Gentleness and self control. Against such things there is no law. Galations 5: 22&23
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