Bowsnbucks
5 year old buck +
When small increments of uptick to reach new highs, look for profit-taking to take place. We took a little money out of a stock fund & re-deployed into a good bond fund. Gravy re-located.
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Stock Market is the bottom in?
- Thread starter Peplin Creek
- Start date
My small horde was purchased a long time ago at $17. An index fund would be worth a lot more today than my little silver stack. It’s shiny and clanks when I handle it. I hope I never need to sell any.
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SD51555
5 year old buck +
hunts_with_stick
5 year old buck +
Go
Good investment to pass down, without being taxed
hunts_with_stick
5 year old buck +
I’m sure you will sell before then though;)
SD51555
5 year old buck +
STZ might end up being the trade talked about a year from now. Their earnings are in the toilet apparently from tariffs and the drinking class getting clobbered with inflation. Still, I'd hope there's a floor out there where someone just will not give up their vices no matter how bad things get. Their share price has been cut in half in the last year, and they really took it in the jaw when they lowered guidance.
So why might now be the time to buy? They apparently have a $4 billion dollar buyback in place and just reaffirmed their commitment to execute it. At this share price, they can buy back 17% of their shares with that money. If and when things turns around, their earnings will amplify. This reminds me when apple was in the toilet and they launched that massive buyback. They made their own floor under the stock price.
With everyone chasing AI, tech, and penny stocks, this could be a real sleeper. I'm pondering doubling up in the morning. And this could blow up in my face too.
So why might now be the time to buy? They apparently have a $4 billion dollar buyback in place and just reaffirmed their commitment to execute it. At this share price, they can buy back 17% of their shares with that money. If and when things turns around, their earnings will amplify. This reminds me when apple was in the toilet and they launched that massive buyback. They made their own floor under the stock price.
With everyone chasing AI, tech, and penny stocks, this could be a real sleeper. I'm pondering doubling up in the morning. And this could blow up in my face too.
Bowsnbucks
5 year old buck +
I bought some silver a number of years ago - about $750 worth. Held it for about 7 years. Sold it for a slight loss - about $600. If I'd have put that $750 into an index fund instead of silver, or another hammer active fund I've been in for years, I'd have made a good bit more money. I haven't owned any metal since. This gold rush doesn't interest me. Long-term, gold has been a bummer of an investment. Check gold's history as an investment compared to the stock market. Just sayin'.
H20fwler
5 year old buck +
I got into silver dollars back in the late 80’s early 90’s Morgan’s and Peace. Had over 100 of them easy, silver hit $30 about ten years later and I cashed out..a few brought more because of the year and mint stamps.
I did pretty good I thought, don’t think I would buy silver again stock/coins or bars.
Would much rather invest in S&P or a good Tech stock.
I did pretty good I thought, don’t think I would buy silver again stock/coins or bars.
Would much rather invest in S&P or a good Tech stock.
hunts_with_stick
5 year old buck +
I wonder how many people actually buy gold or silver as an investment
Foggy47
5 year old buck +
I've not known any people that got outsized gains from owning gold or silver. I suppose some have connected on mining shares or timing a buy on gold or silver....I just do not know them. I think it makes sense to own some silver coins just in the event we have an economic collapse. Then it could be useful to trade for needed stuff.
I got some coins saved, and a few silver certificates, but not much. Considered buying some junk silver a few times....but never followed thru.
Foggy47
5 year old buck +
The thing is....you can do that with any non-titled assets like a tractor or implements, and can do so with guns, jewelry or the US dollars too.
bwoods11
5 year old buck +
If I remember correctly silver was $5 an ounce in 2000? I bought some at the time, but that would be a nice gain in 25 yrs . Not saying it’s “the best investment”…
BuckSutherland
5 year old buck +
We have a bingo. That's the way I feel as well. Just seems like at some point we will be wiping our ass with these worthless greenbacks. They are printing us into oblivion.
Howboutthemdawgs
5 year old buck +
Just curious…do you a) believe that the economy will just collapse and b) if it does you think bartering a couple silver pieces around is gonna save your existence!
If the economy collapse and therefore society I think owning some silver is the least of my concerns
If the economy collapse and therefore society I think owning some silver is the least of my concerns
Jerry-B-WI
5 year old buck +
I don't think any of us will own anywhere near enough silver or gold to save our rear ends.
BuckSutherland
5 year old buck +
If we are talking zombie apocalypse, comets or asteroids hitting the planet or full scale civil war then its probably not worth much. If we are talking collapse of the dollar and ascension of bitcoin, a BRICS dollar or something else then it may have some value. Throughout known history gold and silver has always had value to the people. Current market cap of all the gold in the world is nearly 25.5 trillion dollars. Someone must think it has value.
