Thoughts on investing in gold/silver

[smstonypoint]

In my limited research, it seems there are 2 different Kubota stocks. One is KUB the other is KUBTF. Does anyone know the difference?

I believe that KUBTF is the symbol for the Kubota stock that trades on the Japanese market (the Nikkei) with a price denominated in yen. KUB is the symbol for Kubota's ADRs (American Depository Receipts) that trade on the NYSE and with a price denominated in dollars.

 

[bp fick]

I have several books & other sources stating, & backed by historical research, that over any 10-year period stocks have outperformed every other investment including real estate & gold/ silver.

As always, my :2cents:

No, (stock market is) just better than every other investment. According to the research I've encountered.

beppinton, you seem to enjoy chatting about finance and investing, as you say. I am sure you are a fine younger fellow who is very responsible. Investing in the stock market is accepted as wise, diversified investing, true enough.

But much caution needs to observed, especially since you seem to believe that stocks always out perform other investments types. Historically, that is over 40-50 years, that has been the generally accepted wisdom, but I wish to point out, one last time, and then I am done, that the decade just past was a loser for the stock market, on average, using the S&P 500 as a gauge. I say this only as a temperament to your various posts.

There were two or three bubbles burst in the past decade, (dot.com, October 2008) and a lot of folks got pounded hard, especially those who had far too high a concentration of both their portfolio and faith in the stock market.

Quote here:
Indeed, a $1 investment in the S&P 500 on Dec. 31, 1999, was worth roughly 90 cents at the end of 2009 and that negative return includes dividend income. In contrast, investments viewed as havens, or more conservative places to park cash, delivered positive returns in the 2000s. A $1 investment in gold grew to nearly $4, according to Strategas Research Partners. And a buck invested in U.S. government bonds, arguably the world's safest investment, grew to nearly $2.
Source:Will stocks' 'Lost Decade' usher in another bull market? - USATODAY.com

Giving financial advice and investment counseling is pretty much a tight rope act and there's not much of net down below.

Best wishes and regards,

 

[MossRoad]

Just a thought...might not be a bad idea to buy non perishable foods..beans, rice, flour etc and medicines along with verifying your water source. Seeds and equipment to plant them..Again just a thought..Think about it.

I just finished off the last of the beans from my Y2K stash and now you're telling me this?

 

[smstonypoint]

I just finished off the last of the beans from my Y2K stash and now you're telling me this?

Good one!!:laughing:

I've seen snippets on the History Channel about the Mayan calender predicting some sort of apocalypse in 2012. What sort of precautions are you taking?

Steve

 

[beppington]

But much caution needs to observed, especially since you seem to believe that stocks always out perform other investments types. Historically, that is over 40-50 years, that has been the generally accepted wisdom, but I wish to point out, one last time, and then I am done, that the decade just past was a loser for the stock market, on average, using the S&P 500 as a gauge. I say this only as a temperament to your various posts.

There were two or three bubbles burst in the past decade, (dot.com, October 2008) and a lot of folks got pounded hard, especially those who had far too high a concentration of both their portfolio and faith in the stock market.

Note that I did not say "the stock market always goes up"; I said stocks have outperformed every other investment over any 10-year period.

This can even mean that if stocks are down 10% over a particular decade, all other investment types would be down more than 10% over that period ... so you were still better off in the stock market than elsewhere.

... especially those who had far too high a concentration of both their portfolio and faith in the stock market.

I'm trying to be helpful here & keep people from doing this!

Giving financial advice and investment counseling is pretty much a tight rope act and there's not much of net down below.

I'm not a paid or professional financial advisor, just a person who educated himself on personal finance & investing offering advice for free to anyone interested. I'm not even inventing or coming up with any of this on my own; Everything I've written can be researched & discovered elsewhere.

 

[beppington]

I just finished off the last of the beans from my Y2K stash and now you're telling me this?

Now that is hilarious! :laughing:

 

[smstonypoint]

Note that I did not say "the stock market always goes up"; I said stocks have outperformed every other investment over any 10-year period.

In doing so, you ignored the evidence from the poster's link -- the S&P underperformed Treasuries from the end of 1999 to the end of 2009. That's a ten-year period if my math is correct.

Steve

 

[Gale Hawkins]

Buying/selling off "hot" media tips is a good way to by HIGH and SELL low.

 

[foggy1111]

Buying/selling off "hot" media tips is a good way to by HIGH and SELL low.

Amen......and the sheep will be shorn. You haven't lived till you have been whipsawed by a market such as we are now in. Lots of potential volatility.... which you do not want to be on the wrong side of. Beware. IMO.....diversify is to minimize your risks.

I hope we are all wise enough to get through this debacle without too much pain.

 

[/pine]

Buying/selling off "hot" media tips is a good way to by HIGH and SELL low

or in cases like the BP disaster...if a trader was quick enough to grab up some "short" shares (sell high and buy low )...they made a very nice profit at very little risk...(it was a no brainer)

to take full advantage of a volatile market you need the fortitude to play both sides of the market when the conditions are ripe...otherwise you are at the end of the line that is "picking crumbs"

 

[CosmoAU]

I believe that KUBTF is the symbol for the Kubota stock that trades on the Japanese market (the Nikkei) with a price denominated in yen.* KUB is the symbol for Kubota's ADRs (American Depository Receipts) that trade on the NYSE and with a price denominated in dollars.

This makes sense.* The info that Ken put up was what I had found.I didn't ever think I could beat the market buying individual stocks, just thought it might be interesting.* Heck, I know my retirement plan involves "welcome to wal-mart" or "would you like fries with that?":laughing:* Maybe not, but I've never really seen myself as retirement potential.

 

[smstonypoint]

This makes sense.* The info that Ken put up was what I had found.I didn't ever think I could beat the market buying individual stocks, just thought it might be interesting.* Heck, I know my retirement plan involves "welcome to wal-mart" or "would you like fries with that?":laughing:* Maybe not, but I've never really seen myself as retirement potential.

It's never too early to start an investment program for retirement. The earlier you start, the better.

Steve

 

[mjarrels]

I have an old tackle box in the garage full of silver coins... I have not researched the value of the possible rare coins, but the silver alone is probably worth big $. I also have a few kenya shellings, not supposed to remove them from the country... but I did. Gold in those coins.

mark

 

[beppington]

In doing so, you ignored the evidence from the poster's link -- the S&P underperformed Treasuries from the end of 1999 to the end of 2009. That's a ten-year period if my math is correct.

I agree that 2009 minus 1999 equals 10! :laughing:

I admit I breezed thru bp flick's post too quickly, & actually missed that he even posted a link. Now that I read the link, I say: Sigh, that's too bad, because I don't feel it much changes the stock market's performance historically or potential future. I imagine there were other times when the 10-year performance of the stock market got very close to equalling or being beaten by other investments, it just never actually happened.

What this means, assuming it's factual, is that financial advisors have one less definitive, easy-to-understand statement they can use when advising folks about the benefits of the stock market.

Edit: Rather than definitively stating "10-year period", I should've written it like this article: "Over the long term, stocks have historically outperformed all other investments. From 1926 to 2010, the S&P 500 returned an average annual 9.8% gain. The next best performing asset class is bonds. Long-term U.S. Treasurys returned, on average, 5.4% over the same period."

 

[Gil Case]

I think that when Gordon Liddy is the spokesperson for gold the bubble is about to burst.

 

[tallyho8]

We are talking about two different things here.
1. Making money
2. Investing money

Everybody that I personally know who is "rich" got rich from real estate investments.

Everybody I know that plays the stock market is "rich" already. (made their money in real estate)

There will always be more stocks to buy, there will never be more land.

 

[beppington]

Everybody that I personally know who is "rich" got rich from real estate investments.

Everybody I know that plays the stock market is "rich" already. (made their money in real estate)

The richest man in the world (or whatever # he is now), Bill Gates, got rich from the stock market. Not the same way I've been writing about, but definitely not from real estate.

There will always be more stocks to buy, there will never be more land.

Just being funny here, but have you not seen this? Or this?

:laughing:

 

[/pine]

...for gold the bubble is about to burst.

The price of gold is directly related to supply and demand...the only way there could be a "bubble burst" effect...is if everyone that currently owns gold started selling it and they did not care what they got for it...

The more people that buy at high prices...the less likely they are to sell it at a loss...

There will be no bubble burst effect in gold like there was in other sectors...

 

[MossRoad]

Good one!!:laughing:

I've seen snippets on the History Channel about the Mayan calender predicting some sort of apocalypse in 2012. What sort of precautions are you taking?

Steve

Now that is hilarious! :laughing:

Thanks! You've been a good crowd. I'll be here all week. Be sure to tip your wait staff. :thumbsup:

Back in 1999 I was giving my neighbor some produce out of my garden. He said something like "Shouldn't you be keeping this food for Y2K?" and laughed. I replied with a very straight face "All I have to do is keep you fat..." He laughed, then got kind of uncomfortable looking! :laughing:

 

[beppington]

I made up this scenario. What do you think?