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Lets get rich. Responsibily. #8632519
7 hours ago
7 hours ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
DO YOUR OWN RESEARCH. NONE OF THIS IS ADVICE BUT YOU KNOW HOW TO USE GOOGLE.

Gold is supposed to be 10-15% some say 30% of your portfolio. Be responsible.

https://youtu.be/Y4FSMYSt2zQ?is=AxKhNEsWVJcckuBX

Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632523
6 hours ago
6 hours ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo

Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632526
6 hours ago
6 hours ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
Dollar goes down assets are supposed to go up. You need more assets.

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Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632615
3 hours ago
3 hours ago
Joined: Jan 2018
MN
Donnersurvivor Offline
trapper
Donnersurvivor  Offline
trapper

Joined: Jan 2018
MN
I'll pass on the gold, if inflation causes the dollar to decrease in value I'll just charge more.


Chief of staff @ Mensa Tree division/vison officer
Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632632
3 hours ago
3 hours ago
Joined: Dec 2006
williamsburg ks
D
danny clifton Offline
"Grumpy Old Man"
danny clifton  Offline
"Grumpy Old Man"
D

Joined: Dec 2006
williamsburg ks
House and debt is cheaper than rent from a citizen. Renting from your local government is cheaper. (property tax) Rental properties can make you money. If you have the right stuff to be a landlord. LOTS of headaches involved. A little metal is a hedge against the dollar collapsing. A possibility though not likely in the near future IMO. People are pretty accepting of the dollars value. Another depression is also possible. Debt for your home will hurt you bad if it happens.

If the economy crumbles it will be because of the national debt. If every country that holds treasury bonds dumped them, a little metal and a debt free home will be very valuable.

Debt as a tool is best when what is mortgaged won't be a hardship if something prevents you from paying the debt. If its not a need don't borrow to buy. Especially with credit cards unless you intend to pay it in full before any interest is charged. Credit card interest is worse than ridiculous. There are advantages to using them. The biggest advantage is very low theft risk from scammers. You may get scammed/hacked but your money wont be tied up while its being sorted out.

If you sell your home after figuring interest on the debt, maintenance, tax, insurance, you wont have gained much most times if any. Then you have to buy a new home in the same market you sold in. Much better than renting but not a money maker very often.


Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632642
2 hours ago
2 hours ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo

Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632645
2 hours ago
2 hours ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
Some people think buying gold is a good idea…

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Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632647
2 hours ago
2 hours ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
Search

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Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632649
2 hours ago
2 hours ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
Assets are…

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Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632651
2 hours ago
2 hours ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
Inflation

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Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632695
54 minutes ago
54 minutes ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
You got this guy out here saying this…. I mean this isnt steve down at the grocery store with a theory.

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Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632699
47 minutes ago
47 minutes ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
Gold is $4,187.30

Silver is $62.81

Ticker IAUM (GOLD) is $41.06

Ticker SLV (SILVER) is $55.02

Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632704
43 minutes ago
43 minutes ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
Just googling

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Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632707
40 minutes ago
40 minutes ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
Just another google…. When they say “follow the money”.

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Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632726
14 minutes ago
14 minutes ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
Miners are more risky like can be really risky but if you throw a couple poker chips over here they might do something or they might go to zero. Just make it a responsible chip size. So they say. Not advice. Do your own research.

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Re: Lets get rich. Responsibily. [Re: OhioBoy] #8632730
3 minutes ago
3 minutes ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
Googling around…

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