@victoria-sakura
1 Year
Would you buy gold as an investment in 2025?
Posted by Solo
Investment probably not, storing value yeah?
I agree. It's a good place to store your money in the event of complete economic collapse. I belive gold will still hold value long after we lose intertent and electricity. As an investment however I don't think it will go up a significant amount in anyone's lifetime.
Things like bitcoin and stocks is another story I hear. Ive never tried to actually research either, but tons of people seem to be willing to die on the hill of both crypto and stocks as an investment.
A year or so ago when this came up in the BTC thread, you should have bought it.
If I was to get it, I'd probably only get it as a hedge investment. Sadly I didn't have any funds to purchase gold last year. I suppose I could buy BTC now, but it's crazy volatile and even more expensive than gold.
No. If things go to shit, there's only one currency that's worth a damn: ammunition.
Posted by WarAngel79
No. If things go to shit, there's only one currency that's worth a damn: ammunition.
In the absence of ammunition, would you buy gold?
Firearm license is not easy to get here. If things go crazy, I don't have that option.
Posted by WarAngel79
No. If things go to shit, there's only one currency that's worth a damn: ammunition.
In that situation the best investment you could make is moving somewhere less likely to turn into a warzone.
Posted by victoria-sakura
If I was to get it, I'd probably only get it as a hedge investment. Sadly I didn't have any funds to purchase gold last year. I suppose I could buy BTC now, but it's crazy volatile and even more expensive than gold.
Idk how gold markets work, but the current price of gold probably won't hold up.
Posted by victoria-sakura
If I was to get it, I'd probably only get it as a hedge investment. Sadly I didn't have any funds to purchase gold last year. I suppose I could buy BTC now, but it's crazy volatile and even more expensive than gold.
If you have a trading account you can use leverage. I'm regularly trading 50k in gold but it's not like I hand over 50k. 20x leverage so it's a 2.5k investment each time. But I buy or short, depending on market swings
If you just want to buy and hold, with no leverage, then it's fairly low-risk but you're not going to make a ton of money (or lose a lot)
That's assuming you're not planning to buy a heap of actual gold and sit on it like a dragon
Btw you say BTC is expensive but that's irrelevant because it doesn't matter if you buy 100 units of something or 1 unit or 0.0001 unit. It's the percentage change on your investment that matters
Posted by WarAngel79
No. If things go to shit, there's only one currency that's worth a damn: ammunition.In the absence of ammunition, would you buy gold?
Firearm license is not easy to get here. If things go crazy, I don't have that option.
click to expand
Land. Somebody will always want a piece of dirt with some imaginary lines drawn over it.
Posted by WarAngel79
No. If things go to shit, there's only one currency that's worth a damn: ammunition.In that situation the best investment you could make is moving somewhere less likely to turn into a warzone.
click to expand
You know, most people just don't have the money to move just like that. Whether it be roots that they put down or just plain ole lack of money.
I always find it kind of funny: here in America most people don't even have enough money put away in a savings account and yet they always find funds for things like fireworks or the newest cell phone or electronic device. 🤷🏻♂️
Thank you for all the inputs so far. 🙂
Posted by WarAngel79
No. If things go to shit, there's only one currency that's worth a damn: ammunition.In that situation the best investment you could make is moving somewhere less likely to turn into a warzone.
click to expandYou know, most people just don't have the money to move just like that. Whether it be roots that they put down or just plain ole lack of money.
I always find it kind of funny: here in America most people don't even have enough money put away in a savings account and yet they always find funds for things like fireworks or the newest cell phone or electronic device. 🤷🏻♂️
click to expand
Probably how credit card debts happen...
I'd rather just buy an apartment(s) someplace cheap with potential growth factor (tourism) and rent it out either long term or turn it into an AirBnB
I'm looking at some real estate in Albania, will prolly not set my foot there, but the place is steadily on the rise as far as tourism goes (shares the same coast line with Croatia) ... basically what Croatia was in the 90's before it boomed.
Should have done it a few years back like my colleague, his apartment is worth 4x now what he paid for it.
The irony of this showing up on the main page the same day I was panning for gold on my lunch break 💀 I think I just got pyrite or mica though 😔
whatever you do don't buy paper gold, or any scheme where they "keep the gold safe for you" , you're getting scammed.
Anything you own is what you can protect. Also anything you own, will most likely deteriorate over time. Everything deteriorates over time, even bank account numbers (inflation)
Best investment is flesh, flesh is stronger than steel (and gold)
Posted by Enfant-Terrible-II
I'd rather just buy an apartment(s) someplace cheap with potential growth factor (tourism) and rent it out either long term or turn it into an AirBnBI'm looking at some real estate in Albania, will prolly not set my foot there, but the place is steadily on the rise as far as tourism goes (shares the same coast line with Croatia) ... basically what Croatia was in the 90's before it boomed.
Should have done it a few years back like my colleague, his apartment is worth 4x now what he paid for it.
The housing market here is far from what it used to be. These days, it feels like it's built on a house of cards with prices propped up by inflation and new condos being built with subpar materials. Also that it's harder to sell. That's what I hear anyways...
Posted by hydorah
whatever you do don't buy paper gold, or any scheme where they "keep the gold safe for you" , you're getting scammed.Anything you own is what you can protect. Also anything you own, will most likely deteriorate over time. Everything deteriorates over time, even bank account numbers (inflation)
Best investment is flesh, flesh is stronger than steel (and gold)
What's the second best investment?
Posted by hydorah
whatever you do don't buy paper gold, or any scheme where they "keep the gold safe for you" , you're getting scammed.
Anything you own is what you can protect. Also anything you own, will most likely deteriorate over time. Everything deteriorates over time, even bank account numbers (inflation)
Best investment is flesh, flesh is stronger than steel (and gold)What's the second best investment?
click to expand
Call me at the office tomorrow morning, I'll arrange a meeting with Barney just for you
Posted by Enfant-Terrible-II
I'd rather just buy an apartment(s) someplace cheap with potential growth factor (tourism) and rent it out either long term or turn it into an AirBnBI'm looking at some real estate in Albania, will prolly not set my foot there, but the place is steadily on the rise as far as tourism goes (shares the same coast line with Croatia) ... basically what Croatia was in the 90's before it boomed.
Should have done it a few years back like my colleague, his apartment is worth 4x now what he paid for it.
The housing market here is far from what it used to be. These days, it feels like it's built on a house of cards with prices propped up by inflation and new condos being built with subpar materials. Also that it's harder to sell. That's what I hear anyways...
click to expand
Yeah I don't know where you live but you would definitely have to zero in somewhere internationally . I'd never buy a place in the country I live in either for those very reasons
Shoot I don't know 😀 knowing me I wouldn't know what to do with it anyway. I like to own a 14 karot gold guitar but not as an investment but to cherish it like a mother would to her newborn. But that'll probably cost almost a million dollars so I couldn't afford it anyway. Just wishful thinking.
Thank you for all the responses so far. 🙂
Gold, silver. Molten salt.
Posted by stope2pt0
Gold, silver. Molten salt.
Molten salt? 🤔
Posted by stope2pt0
Gold, silver. Molten salt.Molten salt? 🤔
click to expand
They are like a mirror to a tower power plant. Will supersede solar in 2027.
Check out their plant. Of course made by US, Germany & Netherlands. And Canada state.
I believe there are thorium plants being devised with MS tech, to be built in China.
Buy land.
If you don't have a chicken coop yet, you should set one up before buying gold
Posted by hydorah
If you don't have a chicken coop yet, you should set one up before buying gold
I need the land before the chicken coop and maybe if taniwha teach me how to raise chickens...
I think I would try and invest in something that was exempt from capital gains taxes. However worth nothing you don't pay VAT on gold investments but you dont pay VAT on govt stocks and they are exempt from capital gains taxes. So i dont know.
Posted by Textosmoon
I think I would try and invest in something that was exempt from capital gains taxes. However worth nothing you don't pay VAT on gold investments but you dont pay VAT on govt stocks and they are exempt from capital gains taxes. So i dont know.
Say hello to Canada, the land of where you pay taxes on every corner of your existence...
Yes.
Posted by Bluemoon86
Yes.
Why?
Posted by Textosmoon
I think I would try and invest in something that was exempt from capital gains taxes. However worth nothing you don't pay VAT on gold investments but you dont pay VAT on govt stocks and they are exempt from capital gains taxes. So i dont know.Say hello to Canada, the land of where you pay taxes on every corner of your existence...
click to expand
Wow im in ireland govt stocks even gambling like poker etc .. no tax .. there are a lot of tax free streams of income here.
Like if you are a writer and dont use AI .. and are original .. tax free for all arts actually.. its pretty cool.
Posted by Textosmoon
I think I would try and invest in something that was exempt from capital gains taxes. However worth nothing you don't pay VAT on gold investments but you dont pay VAT on govt stocks and they are exempt from capital gains taxes. So i dont know.Say hello to Canada, the land of where you pay taxes on every corner of your existence...
click to expandWow im in ireland govt stocks even gambling like poker etc .. no tax .. there are a lot of tax free streams of income here.
Like if you are a writer and dont use AI .. and are original .. tax free for all arts actually.. its pretty cool.
click to expand
Nothing tax free outside of a tax free savings account here, though you may be eligible for certain tax credits...
Posted by victoria-sakura
If I was to get it, I'd probably only get it as a hedge investment. Sadly I didn't have any funds to purchase gold last year. I suppose I could buy BTC now, but it's crazy volatile and even more expensive than gold.Idk how gold markets work, but the current price of gold probably won't hold up.
click to expand
What would you invest these days? I bet you could pull off twitch streams for sports commentary as a side hustle.
As a easy flips = definitely.
1-2 months , its worth XYZ (Buy).
in a few months, its worth a little bit more.
(Sell).
Ez money, i dont think ive Never taken a loss selling/pawning little bits of gold.
If you Really wanna be a Millionaire
Buy Russian Rubles.
If i had bought 1 million $ worth of Russian currency, in the start of this Russia-Ukraine war.
I would be a fkin Billionaire now.
Went from 37 - to 100.
Once war ends, itll go Back to around 30-50.
Thats half of free money, u got for free, just by buying it.
Now Thats, is fkin Investing.
Posted by wildASF_tommy90
As a easy flips = definitely.1-2 months , its worth XYZ (Buy).
in a few months, its worth a little bit more.
(Sell).
Ez money, i dont think ive Never taken a loss selling/pawning little bits of gold.
If you Really wanna be a Millionaire
Buy Russian Rubles.
If i had bought 1 million $ worth of Russian currency, in the start of this Russia-Ukraine war.
I would be a fkin Billionaire now.
Went from 37 - to 100.
Once war ends, itll go Back to around 30-50.
Thats half of free money, u got for free, just by buying it.
Now Thats, is fkin Investing.
Russian rubles seems like high risk if you don't time it right...
OP was one of the people pooh-poohing my Bitcoin thread (her post since erased). You'd only be up 52k in less than year with one Bitcoin if bought at the time of that thread. Good thing you were already an expert. Solo is right about gold. It's a hedge against inflation but not really an investment. It just depreciates less than the constant money printing. I found an investment that I have high enough conviction in that I sold one of my Bitcoin to go all in on it as well as put 3k from each of my last 2 paychecks into it. It's up 22% this week. I expect it to 2x or 3x by mid October based on info from just the last 3 days. I'll let you know the results 😉
Posted by victoria-sakura
If I was to get it, I'd probably only get it as a hedge investment. Sadly I didn't have any funds to purchase gold last year. I suppose I could buy BTC now, but it's crazy volatile and even more expensive than gold.Idk how gold markets work, but the current price of gold probably won't hold up.
click to expandWhat would you invest these days? I bet you could pull off twitch streams for sports commentary as a side hustle.
click to expand
No idea. Fake boobs if you're tryna be a streamer... 🫤
Posted by wildASF_tommy90
As a easy flips = definitely.1-2 months , its worth XYZ (Buy).
in a few months, its worth a little bit more.
(Sell).Ez money, i dont think ive Never taken a loss selling/pawning little bits of gold.
If you Really wanna be a Millionaire
Buy Russian Rubles.
If i had bought 1 million $ worth of Russian currency, in the start of this Russia-Ukraine war.
I would be a fkin Billionaire now.
Went from 37 - to 100.
Once war ends, itll go Back to around 30-50.
Thats half of free money, u got for free, just by buying it.
Now Thats, is fkin Investing.
Russian rubles seems like high risk if you don't time it right...
click to expand
Not really, because Russia has ICBMs & its Crazy.
& if iT (it's economy/Country) Falls, then, with this Current Regime = ill bet my Life that those ICBMs will be Launched and we All go into Nuclear Destruction.
Even iF Russia Also gets Rekt, it doesnt matter.
We'll All be going 2 Hell lmao
So yea theres your Guarantee that Ruble Will launch back up.
(Not to mention once 20.000 sanctions will be lifted & Free-trade economy opens up again = itll stabilize & YOU = could be Rich..
But its Only AFTER, this war ends & sanctions are Lifted..so its a Long-term investment.. buy when ruble high, sell when ruble Low)
Ez money & mathematics
Posted by victoria-sakura
If I was to get it, I'd probably only get it as a hedge investment. Sadly I didn't have any funds to purchase gold last year. I suppose I could buy BTC now, but it's crazy volatile and even more expensive than gold.Idk how gold markets work, but the current price of gold probably won't hold up.
click to expandWhat would you invest these days? I bet you could pull off twitch streams for sports commentary as a side hustle.
click to expandNo idea. Fake boobs if you're tryna be a streamer... 🫤
click to expand
Posted by Nightcap-
OP was one of the people pooh-poohing my Bitcoin thread (her post since erased). You'd only be up 52k in less than year with one Bitcoin if bought at the time of that thread. Good thing you were already an expert. Solo is right about gold. It's a hedge against inflation but not really an investment. It just depreciates less than the constant money printing. I found an investment that I have high enough conviction in that I sold one of my Bitcoin to go all in on it as well as put 3k from each of my last 2 paychecks into it. It's up 22% this week. I expect it to 2x or 3x by mid October based on info from just the last 3 days. I'll let you know the results 😉
No one likes a show off Mr I-made-a-lot-of-money 😛
I still can't stomach the volatility risks from BTC. 😕
When people ask this question the first thing I ask is. Do you know who or what to sell it to? If not that gold is as worthless as luxury cars in the desert.
Posted by Weeds
When people ask this question the first thing I ask is. Do you know who or what to sell it to? If not that gold is as worthless as luxury cars in the desert.
Bank
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