Bigmurph6
Banned
So I don’t know about anyone else but does anyone else like investing. I ofcourse don’t invest but a friend of mine does and lately a few investments have been really good.
Silver bullion
Silver was just below 20$ a troy oz a few months back and because of the strong economy it had dropped to as low as $13.98 a troy oz if you were to have gotten in at under $14.10 you will do great with a couple of 100oz. Its going to go back up to around 20$ an oz I believe after the elections in November. Especially if the Democrats do well the price will jump really high. 5 yrs ago silver was $40 an oz and im hoping that it goes that high again as my friend will have done very well.
Bitcoin
Everyone talks about bitcoin being a risky thing. With every investment comes risk but even btc is still a great investment. It has floated between $6000 to $7500 a coin for a couple of months now back and forth in a bull market. If you buy at $6200 and wait a couple of weeks it will climb to say $7200. Cash out and reinvest when it drops back to around $6000 doing this over and over for say 3 months straight just as an example would have gained you minimum $3000 for basically nothing but moving electronic numbers.
Gold bullion
Gold has been sitting around $1200 a troy oz and has dropped down to 1700 and went back up to 1300+ I believe that gold is a long term investment right now because some forget that gold was 2400$ when silver was $40 5 yrs ago and I believe that after November it will go up to around 1500$.
The classic equation is gold and silver are 50:1 well right now gold and silver are 85:1 so either gold is way over priced or silver is way under priced.
I believe that silver is way under priced and will out perform gold but both are a good investment in my personal opinion.
Anyone else have any stock tips or any opinions on good investments like real estate or really anything else that is legal to invest in.
Im curious to hear.
This is a complete opinion not advice im not allowed to give financial advice or am I qualified. Just a good off topic conversation I thought I would post.
Hope to hear somethings that maybe your friends have invested in and made money or even you.
Silver bullion
Silver was just below 20$ a troy oz a few months back and because of the strong economy it had dropped to as low as $13.98 a troy oz if you were to have gotten in at under $14.10 you will do great with a couple of 100oz. Its going to go back up to around 20$ an oz I believe after the elections in November. Especially if the Democrats do well the price will jump really high. 5 yrs ago silver was $40 an oz and im hoping that it goes that high again as my friend will have done very well.
Bitcoin
Everyone talks about bitcoin being a risky thing. With every investment comes risk but even btc is still a great investment. It has floated between $6000 to $7500 a coin for a couple of months now back and forth in a bull market. If you buy at $6200 and wait a couple of weeks it will climb to say $7200. Cash out and reinvest when it drops back to around $6000 doing this over and over for say 3 months straight just as an example would have gained you minimum $3000 for basically nothing but moving electronic numbers.
Gold bullion
Gold has been sitting around $1200 a troy oz and has dropped down to 1700 and went back up to 1300+ I believe that gold is a long term investment right now because some forget that gold was 2400$ when silver was $40 5 yrs ago and I believe that after November it will go up to around 1500$.
The classic equation is gold and silver are 50:1 well right now gold and silver are 85:1 so either gold is way over priced or silver is way under priced.
I believe that silver is way under priced and will out perform gold but both are a good investment in my personal opinion.
Anyone else have any stock tips or any opinions on good investments like real estate or really anything else that is legal to invest in.
Im curious to hear.
This is a complete opinion not advice im not allowed to give financial advice or am I qualified. Just a good off topic conversation I thought I would post.
Hope to hear somethings that maybe your friends have invested in and made money or even you.