when you calculate in inflation (relative gold price)

[srlip]

stocks have been nearly flat as income, since 1929, if not a bit negative, in fact. yet when you "profit" on a sale, you get TAXED on it! you have no control whatsoever over a stock, so why risk your money on it? there's far safer, far more remunerative places to put your money.

 

[SteadyMercury]

when you calculate in inflation (relative gold price) stocks have been nearly flat as income, since 1929, if not a bit negative

Why would I use the price of a volatile commodity as a barometer of inflation?

yet when you "profit" on a sale, you get TAXED on it!

Not necessarily, everyone's tax situation is different.

 

[Luddly Neddite]

stocks have been nearly flat as income, since 1929, if not a bit negative, in fact. yet when you "profit" on a sale, you get TAXED on it! you have no control whatsoever over a stock, so why risk your money on it? there's far safer, far more remunerative places to put your money.

What country are you in?

 

[whitehall]

The bi-polar radical left hates the stock market when a republican is president but seems to swallow their hatred when a socialist scheme inadvertently spikes the DOW and they can gain some propaganda until the revolution.

 

[Mr. H.]

stocks have been nearly flat as income, since 1929, if not a bit negative, in fact. yet when you "profit" on a sale, you get TAXED on it! you have no control whatsoever over a stock, so why risk your money on it? there's far safer, far more remunerative places to put your money.

What country are you in?

The country in which he resides.

 

[The Rabbi]

stocks have been nearly flat as income, since 1929, if not a bit negative, in fact. yet when you "profit" on a sale, you get TAXED on it! you have no control whatsoever over a stock, so why risk your money on it? there's far safer, far more remunerative places to put your money.

The stock market has returned between 7-8% on average since 1929. Virtually no other investment has done as well.

 

[JimmieD]

when you calculate in inflation (relative gold price) stocks have been nearly flat as income, since 1929, if not a bit negative

Why would I use the price of a volatile commodity as a barometer of inflation?

I have yet to see a good reason why anyone should.

 

[Picaro]

I'm running a yearly average of around 14% a year on my gold hedges, dating from 1978 through 1981, when I bought most of my bullion over a 4 year spread. I don't worry about the stock market, it's a ponzi scheme and bucket shop, and doesn't reflect the real American economy. Most everybody I know has lost money in it; of course, like most people who lose money in the stock market on average, they only brag about their lucky guesses, never their dumb speculations, as all gamblers do.

I sold 5 kgs. at 43,780 a few days ago, to buy a new car, and now that the big boys are quietly selling off their stocks in the latest pump and dump scam, I'm looking to buy back in at somewhere around 1,230-1,250 an ounce, and watch it go back up to around 1,320 in a month or so. I'm betting in goes lower than 1,293, it's current spot price, but if it doesn't drop lower by the Comex close I'll buy back at 1,294 -1300 tonight or tomorrow; if it does drop or stays at 1,294, I'll wait til after the markets opens and runs a few hours to make a decision. Then I'll be done until I need to make another major purchase, maybe months from now, and won't have to waste time watching stocks or care what they do.

 

[Picaro]

stocks have been nearly flat as income, since 1929, if not a bit negative, in fact. yet when you "profit" on a sale, you get TAXED on it! you have no control whatsoever over a stock, so why risk your money on it? there's far safer, far more remunerative places to put your money.

Yes, like starting an actual business.

 

[SteadyMercury]

I don't worry about the stock market, it's a ponzi scheme and bucket shop, and doesn't reflect the real American economy. Most everybody I know has lost money in it; of course, like most people who lose money in the stock market on average, they only brag about their lucky guesses, never their dumb speculations, as all gamblers do.

What? Do you even know what a ponzi scheme is?

The stock market isn't a ponzi scheme, and it doesn't take lucky guesses if you had just parked your money in an index fund and ignored it you'd have made money over the majority decades.

 

[Snouter]

I'm running a yearly average of around 14% a year on my gold hedges, dating from 1978 through 1981, when I bought most of my bullion over a 4 year spread. I don't worry about the stock market, it's a ponzi scheme and bucket shop, and doesn't reflect the real American economy. Most everybody I know has lost money in it; of course, like most people who lose money in the stock market on average, they only brag about their lucky guesses, never their dumb speculations, as all gamblers do.

Farnsworth, you ridiculous idiot. GOLD is DEAD. Might as well buy lead. I trade primarily in one of my IRAs so there is NO TAX at all. And I do a LOT better than you and your GOLD ever have!

 

[jwoodie]

What is this, an anger management therapy session? Please leave your negative comments in the Politics forum.