it is about 1-2 years away maybe sooner.. what you say sounds correct ..and the same reason why i don't play at bitcoin only sports books..
Eye on the Markets: Coronavirus Stocks/Investments thread
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it is about 1-2 years away maybe sooner.. what you say sounds correct ..and the same reason why i don't play at bitcoin only sports books..
I have a bit of exposure to cryptos thru the BLOK ETF. It's done well. But its a much smaller position than what I have in gold and silver. And if they have a pull back soon, it will be temporary.
They officially fell behind T-Mobile into 3rd place among wireless carriers.
MadTiger
2
It seems like it. The "experts" are predicting a much bigger top. The wiser heads are taking profits.
Wade
EOG Master
they're in the media business now. hbo, time warner etc
They got too far overextended too quickly (Gold and Silver). The long term trend is still in tact. Nothing goes up every day.
i think so too! i am buying on ETF's in the morning.. the same guys that are knee deep in gold bought it back .......they will come in again tomorrow IMO
jimmythegreek
The opening odds start here
And here I thought only President Trump tweets could sway the market 175 points negatively in 5 minutes. Well done Mitch McConnell. You sound like Tom Brokaw with mouth cancer.
Bull run in full progress.
Bull runs are fun.
Buffett was the biggest gold bear for years. Even he sees the writing on the wall.
GOLD is Barrick. GLD is the ETF.
WildBill
2
Come on guys, I have read a handful of stories on this Barrick purchase by Buffett and I think every one of them got the story wrong. First of all, Warren Buffett buying something is the opposite of a confirmation of anything. When he reveals his purchases the trend is long gone. He probably bought the stock for an average price just above $20 and he did simple math to get into it. Gold miners, oil drillers, miners of any kind really are pretty simple math problems to solve. He saw that as long as gold held its price around the levels it was in April that the miners could yield a decent profit. That's it. There is nothing about how much should gold sell for, should gold rally, is gold price right today, etc. This is like a betting syndicate seeing some rule change in a sport and figuring out its worth a 1 or 2 a game and hitting the game in every book they can find until they think its been priced out. Then someone else figures it out and puts it on Vsin or wherever and next thing you know the followers have moved the line another 2 points.
Besides why is Buffett so important anyways? The guy follows the simplest methods ever, almost all covered in a book that was published in the 1930s. Further he's given about all the insight you need to know in all his letters over the years. Why do people get so fired up about his investments? Don't people understand he just ran lucky for a few decades and parlayed that into a big portfolio that now doesn't really outperform? The dude even tells you just put your money in S&P 500 and not my stock.
Besides why is Buffett so important anyways? The guy follows the simplest methods ever, almost all covered in a book that was published in the 1930s. Further he's given about all the insight you need to know in all his letters over the years. Why do people get so fired up about his investments? Don't people understand he just ran lucky for a few decades and parlayed that into a big portfolio that now doesn't really outperform? The dude even tells you just put your money in S&P 500 and not my stock.
Gold was the RIGHT purchase long before Buffett put his stamp on it. It's one thing to be in denial, but Jesus at some point people have to admit they were wrong. Buffett did. It's ok to change one's mind in the market.
pro analyser
EOG Dedicated
Buffet has averaged a 20% gain per year for 55 years vs 10% for the SP 500. That blew my mind when I researched it.
pro analyser
EOG Dedicated
Berkshire Hathaway has posted average annual returns of 17.1% since 1985, well ahead of the broader stock market's 10.5% including dividends. If you'd invested $10,000 in Berkshire Hathaway at the start of 1985 you'd now have $2.4 million; the same principal in the S&P 500 would now be worth about $227,000.Sep 22, 2019
pro analyser
EOG Dedicated
Berkshire Hathaway, his conglomerate, has earned an annual return of 20.5 percent since he gained control in 1965. That's better than twice the annual return of the Standard & Poor 500-stock index's 9.7 percent total annual return.Mar 1, 2019
very good news site... for $60 a year... i get it.. articles are great..... sister publication to The Wall Street Journal
WildBill
2
Stop living in the past. He did great, outran the market a long time. He was lucky the market worked for a value buyer. But it's not a question of what he did before, it's what will he do in the future. Last 10 years haven't been so hot.
https://www.fool.com/investing/2020/02/25/the-1-thing-warren-buffetts-critics-are-missing.aspx
pro analyser
EOG Dedicated
William hill up 15% today. March 19th it was 1.38 today 8.23.
WildBill
2
Worst news for sports bettors ever. No tears would be shed if they went under.
And with tech stocks making up a record 37% of the S&P 500, the pullback could drag down the entire index. As such, it would be smart to spread your eggs a bit wider
You could look into classic anti-crisis investments like gold or blue-chip stocks. Another way to limit your reliance on tech stocks is to switch to an ETF fund that tracks the S&P 500 Equal Weight Index.
The largest ETF of this kind is Invesco S&P 500® Equal Weight ETF ---- RSP
Unlike the standard S&P index fund, this one doesn’t take into account the stock’s weight. That means an ETF fund that tracks it will spread your investment over 505 stocks in equal parts, regardless of weight.
This way, you’ll invest in a more diversified basket of America’s top stocks without banking 37% of your money on tech stocks.
You could look into classic anti-crisis investments like gold or blue-chip stocks. Another way to limit your reliance on tech stocks is to switch to an ETF fund that tracks the S&P 500 Equal Weight Index.
The largest ETF of this kind is Invesco S&P 500® Equal Weight ETF ---- RSP
Unlike the standard S&P index fund, this one doesn’t take into account the stock’s weight. That means an ETF fund that tracks it will spread your investment over 505 stocks in equal parts, regardless of weight.
This way, you’ll invest in a more diversified basket of America’s top stocks without banking 37% of your money on tech stocks.