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The Scuppers This is a new forum for the not necessarily fishing related topics...

 
 
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Old 11-09-2010, 11:28 AM   #16
RIJIMMY
sick of bluefish
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Join Date: Aug 2003
Location: TEXAS
Posts: 8,672
Quote:
Originally Posted by afterhours View Post
my neighbor went HEAVY into metals in the last 10 yrs...shoulda, coulda, woulda, waahhh
buying is one good move, but when will he sell?
Investments arent worth crap until you cash out. Remember the tech bubble? Hows that $400+ per share eBay working out for people?

the key is BALANCE. Use gold to offset your other investments. Rebalance regularly. If you own say $1000 in a gold mutual fund and it goes up to $1400, sell off $400 and invest it in the funds in your portfolio that are down. Dont time the market, but rebalance regularly to your target percentages. You will WIN in the long run! would the face in my avatar steer you wrong?

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