What do you want ME to do?

lookout123 · 02-06-2008, 10:52 AM

ah, you can't steer a thread.

i think gold looks pretty. but i'm partial to platinum.

to be serious though, i have a long term focus with investments. typically commodities are not good long term investments. they are excellent for trading in the short term, but can leave you flat or down over the long haul.

gold? everyone loves it now, but look at the track record if you'd purchased it 20 years ago.

oil? same story.

real estate? can find some great stories there, but look at the longer term.

Compare those to a decent conservative growth fund.

items that are supply and demand oriented rather than profit and loss driven tend to cause problems if held long term. they're too easily manipulated by current events and emotions. a case can be made for using a well managed fund that specializes in those areas, but even then be careful of your exposure.

FWIW - as always remember that past performance is not an indicator of future results.

View Poll Results: What should i do?
Conform to the overlord's wish and use all caps?	6	50.00%
Leave the cellar for a place that is more tolerant?	0	0%
Start taking my meds more regularly?	6	50.00%
Voters: 12. You may not vote on this poll

02-06-2008, 10:52 AM	#23
lookout123 changed his status to single Join Date: Apr 2004 Location: Right behind you. No, the other side. Posts: 10,308	ah, you can't steer a thread. i think gold looks pretty. but i'm partial to platinum. to be serious though, i have a long term focus with investments. typically commodities are not good long term investments. they are excellent for trading in the short term, but can leave you flat or down over the long haul. gold? everyone loves it now, but look at the track record if you'd purchased it 20 years ago. oil? same story. real estate? can find some great stories there, but look at the longer term. Compare those to a decent conservative growth fund. items that are supply and demand oriented rather than profit and loss driven tend to cause problems if held long term. they're too easily manipulated by current events and emotions. a case can be made for using a well managed fund that specializes in those areas, but even then be careful of your exposure. FWIW - as always remember that past performance is not an indicator of future results. __________________ Getting knocked down is no sin, it's not getting back up that's the sin

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