[unit]

stay liquid boys

[Jermyzy]

Good time to buy in or wait a few more days?

I bought in last friday, but still have some cash

[unit]

unless you're talking about gold, its a terrible time to buy in.
shit storm is still happening.. wait until the dust settles a bit.

[Jermyzy]

^Okie doke, will keep an eye on some stocks for now then

[TouringTeg]

Agree. I am getting prepared to jump. Look at it this way... everything is on sale at least 10% compared to two weeks ago.

[Hehe]

I think the key is volume... now we are having a stock market that crashes with unusual level of volumes... when the volume starts to ease off, it should be a sign that the whole thing is settling down.

[SiRV]

for those of you that don't know, we actually have a huge dedicated stock market thread, might be a good time to all chime in with input for good buys in the coming days

http://www.revscene.net/forums/374823-stock-market-thread-195.html

[2damaxmr2]

I already invested 2k into ammunition. I am pretty happy with the investment.

[Manic!]

Buy low sell high.

Thats the most basic investing principle.

Gold is basically at an all time high. Stocks prices are tumbling. Now what should you be buying gold or stocks.

[unit]

I hope nobody listened to you when you might have said the same thing about gold 10 years ago.

[Manic!]

I hope nobody listened to you when you might have said the same thing about gold 10 years ago.
All I here is people on TV saying buy gold!!! buy gold!!! buy gold!!!

In the 90's everyone was saying Tech!!! Tech!!! Tech!!!

Give me one good reason why Apple stocks are going down in price when they are making huge profits?


How high do you thing gold prices will go? Sooner or later it will have to stop going up because people will just not be able to afford it.

[unit]

apple stocks arent really going down at all.
take a look at the 5yr chart. it only dips when the whole economy is in recession.
dips at the end of 2008, and again just this month

gold will continue to climb. who knows how fast, but 2000/oz in the next 6 months would not surprise me. /shrugs

[Manic!]

apple stocks arent really going down at all.
take a look at the 5yr chart. it only dips when the whole economy is in recession.
dips at the end of 2008, and again just this month

gold will continue to climb. who knows how fast, but 2000/oz in the next 6 months would not surprise me. /shrugs


And you buy at the dips. Apples 52 week high is $404.50. Right now it's $353.21. I don't think it's on a permanent slide. Exxon is also down $18 from it's 52 week high. Both solid companies.

[goo3]

How much is owed to China? I know it's over a trillion but now how much.

This is an insane amount of debt though.

Not that much more than to Japan.

The_Biggest_Holders_of_US_Government_Debt (http://www.cnbc.com/id/29880401/The_Biggest_Holders_of_US_Government_Debt)

[unit]

^^
I have to disagree. you can't wait for a recession every time you buy a stock.

[Manic!]

^^
I have to disagree. you can't wait for a recession every time you buy a stock.

You can't but following the crowd is never a good idea. Everyone is now buying gold and most have no idea of what they are doing and that's never good. Apple stock price is up $20 from yesterday.

[Graeme S]

This discussion kind of reminds me of a conversation by goth kids.

"I'm a non-conformist."
"Yeah, well I'm more nonconformist than you!"
"I'm so nonconformist, I'm gonna conform."

The issue with stock investing is doing what everyone else does, but doing it before anyone else realizes it's a good idea. This often means acting without full or even sufficient information (unless you are a professional investor) and hoping that it works out. Don't buy stocks because they're cheap. Buy them because they will perform well in the future relative to what you are paying for them. And if you're planning on selling them in order to cash in, make sure that you're gonna have a wide window for sales.

[tool001]

i was gonna jump into gold when it went down to 1485..but didnt ,, i bought some at 1650... holding for a long time...

once euro zone countries start defaulting. (and they will,just matter of time) watch gold jump..

markets are very volatile, people buy gold due to stability.

[trip]

i bought 5 oz at around 850$

sold 4 at about 1300

now im face palming

[Manic!]

i bought 5 oz at around 850$

sold 4 at about 1300

now im face palming

You can never go broke making a profit.

[iEatClams]

All I here is people on TV saying buy gold!!! buy gold!!! buy gold!!!

In the 90's everyone was saying Tech!!! Tech!!! Tech!!!

Give me one good reason why Apple stocks are going down in price when they are making huge profits?


How high do you thing gold prices will go? Sooner or later it will have to stop going up because people will just not be able to afford it.

theres something called fundamentals. sometimes share prices are high for a reason, as long as it has good fundamentals and growth, the stock can continue to go up.

If you were to buy Google when it came out at $100/share, it climbed to $200. you doubled your money, you sold it to some other guy who bought it at $200, the stock kept going up to $700before it started to drop. . ., if he sold it then, he would have made much money money than you.

Theres also examples of a people buying a certain stock because they thought the price was "low" or the stock was "cheap". sometimes the stock prices are low for a reason. and these companies stock kept going lower and lower.

You don't buy low, sell high.

you buy stocks to sell at a higher price - or their dividends.

low and high is all relative and subjective. one can say you can buy high, sell higher. the person that sold google at $200 may think it was high, but the person who bought google at $200 might have said it was "cheap".

[Vale46Rossi]

US Debt Crisis - 2012 is only for America - YouTube



:D

[El Bastardo]

Not that much more than to Japan.

The_Biggest_Holders_of_US_Government_Debt (http://www.cnbc.com/id/29880401/The_Biggest_Holders_of_US_Government_Debt)


http://i.imgur.com/2KAMc.gif

[Razor Ramon HG]

If a economic collapse occurs, what can we do here to minimize the effects for ourselves and our family?

[RRxtar]

get out of debt

[Mr.HappySilp]

If a economic collapse occurs, what can we do here to minimize the effects for ourselves and our family?

Save up as much as u can now and hope the money u save will last awhile (assuming you don't have enough to do any major invesement right now). Get a job with better job security I guess and try not to spend too much.

[LiquidTurbo]

Get your money out of USD if you're holding any..

[Jermyzy]

Can somebody explain to me why US gets a credit downgrade, but more people buy US treasury/USD goes up?

[taylor192]

Can somebody explain to me why US gets a credit downgrade, but more people buy US treasury/USD goes up?

My coworker explained it like this, and I really like it:

Lets say you have a big solid rock (the US economy), with a ton of other rocks (other country's economies) stacked upon it. If all of a sudden the big rock becomes less stable, what is the relative stability of the other rocks piled ontop? Even more unstable!

So when the US was rated less stable, public perception is that if the most stable investment out there is shaky, then all the other seemingly stable investments must be even worse. People flee these less stable investments and need somewhere to park their $$. The US is still, in public opinion (not rating agencies) the most stable, so guess where the money ends up!

Weird, yet makes sense when they factor in that people are sheep.

[taylor192]

If a economic collapse occurs, what can we do here to minimize the effects for ourselves and our family?

get out of debt

^ this. Cash is king and mobility is key.

Holding half a million of mortgage debt in an overpriced city with no real economic backbone is the worst thing you can do for your family - yet most people see it as the safe and stable thing to do. :facepalm:

[AWDTurboLuvr]

^ this. Cash is king and mobility is key.

Holding half a million of mortgage debt in an overpriced city with no real economic backbone is the worst thing you can do for your family - yet most people see it as the safe and stable thing to do. :facepalm:

QFT. I hate how a $500K mortgage for a middle-class family has become normal and no one even questions it anymore...nevermind the fact that it's usually on a 30+ year term.

[unit]

yeah i dont plan on buying anytime soon.
not interested in getting fucked when interest rates spike up.

[will068]

Can somebody explain to me why US gets a credit downgrade, but more people buy US treasury/USD goes up?

USD is going up because Mutual Fund Money is getting out of stocks. Relinquish stocks, acquire cash. Acquiring cash means more demand for Money. Thus, the value of the USD is higher at this point in time.

Again, we're talking about Investment money here by multibillion corporations; Money that moves by the tens of millions at a time. If it's enough to change stock prices, best believe it is enough to change currency value.