Where should I invest $120,000?

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JMapleton

Diamond Member
Nov 19, 2008
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Anything with a higher yield is going to entail risk. Depending on the purpose of the money, risk may be unacceptable.

Also I'm pretty sure we've experienced deflation or very low inflation since the recession really took hold in late 2008.

Look at more than the change in the dollar.

City and state taxes are rising. Gas prices are rising again. Food prices will be rising in the next 5 to 10 years. The cost of living the purchasing power of your money is what to watch. They've risen considerably in the past 5 years and will continue to rise, especially when the Chinese Yuan is more accurately valued.
 
Sep 29, 2004
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Right now? Stocks. Everything is still down. Buy now and you'll be hardcore rich by the time the economy is going.

IV for the Dow is probabl in the 1300-1400 range. The upside potential is diminsihing granted there are opportunities.
 
Sep 29, 2004
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I have read theories/assumptions that the Chinese going to dump the USD for gold, trade using yuan/ruble/euro for the last 5~6 years and it haven't materialized.

I'm bought mining stocks, and everyone of them is doing great. For an example TCK.B have made me a boat load of monies in the last 12~13 months, thanks to my research/reading from various sources.

IMHO, your crack theory doesn't worth its salt if you don't have data to back it up.

The thing people forget is, if not hte US dollar, what? There is no other currency that is ready to take over. The US dollar is the standard in many small countires and if not, many people/companies/countries hold the US dollar due to it's perceived value. This is the kind of entrenchment that will not change overnight.
 
Sep 29, 2004
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invets in a low fee index fund. sell when the Dow hits 13,000 or 14,000

Then hold in cash/cash equivilents (like CDs) using a ladder setup.

Eventually, good bonds will have 9% yields (It's when not if). When that happens, load up on bonds.

Then again, this is speculation. For now though. Your bbest bet is stocks. And if you don't know how to invest (most don't) just get a low fee index fund.
 
Sep 29, 2004
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I put my money where my mouth is. I have a very large Silver position. My wife can kill me if I lose all the money.

What is silver's primary use? Why do the consumers pay the amount that they pay for it?

Gold is easier to find info on. Gold is one thing that I will never invest in because of it's end use. Gold is the ultimate proof of greater fool theory. (Who is the greatest fool? The fool that is left when all the fools are through with selling to the last fool).

http://en.wikipedia.org/wiki/Greater_fool_theory
 

JS80

Lifer
Oct 24, 2005
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Whoa...just by dumb luck I closed my silver position last night before going to sleep...rebought just now.
 

totalnoob

Golden Member
Jul 17, 2009
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What is silver's primary use? Why do the consumers pay the amount that they pay for it?

It is used in thousands of industries.. Minute amounts are used in all sorts of electronics, computers, optics, medical equipment, etc. China and India are gobbling it up like mad.