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fltsfshr 03-13-2023 05:00 AM

Gold
 
Wonder what the effect of bank closures will do to it? There are 2 now. Any thoughts? Do you own gold or other metals?

dlq04 03-13-2023 05:35 AM

Nope, no gold or other metals. Vanguard has always discourage it as an investment. Be balanced, be diversified, think long-term, and tune out the noise. Don’t feel compelled to look at the prices every day.

Most importantly, have a portfolio that allows you to sleep well every night no matter what's happening.

I received no compensation for my free investment advice. :LOL:

Emil St-Hilaire 03-13-2023 08:12 AM

Yes…got a titanium shift knob !!!:LOL:

Scooterboy 03-13-2023 08:25 AM

When i had a Ford I was deeply invested in Iron Oxide! :rolleyes:

tof 03-13-2023 08:53 AM

^^^ :D

jukngene 03-13-2023 02:48 PM

https://mediacloud.theweek.com/image...6_1536_rgb.jpg

zeroptzero 03-13-2023 04:06 PM

It seems like you can't avoid a major financial shake-up every 10 years or so in today's world, there is always a new scam coming around the corner to replace one that has passed. I've been out of the market for the past year, I will gladly take my meager 5% gain until such time as I feel safe jumping back in, in about 1.25 years. Inflation won't be kind to me but I want to preserve my capital.

valentine 03-14-2023 04:00 AM

I'm just hoping the recent bank failures do not have a cascade effect.

zeroptzero 03-14-2023 04:21 AM


Originally Posted by Emil St-Hilaire (Post 24991556)
Yes…got a titanium shift knob !!!:LOL:

I believe the metal plate in my left leg is titanium , it must be worth a couple bucks ? :)

zeroptzero 03-14-2023 04:25 AM


Originally Posted by valentine (Post 24991686)
I'm just hoping the recent bank failures do not have a cascade effect.

This had started to some extent, some banks in Europe and Canada are also affected. But one good thing is that oil prices dropped as a result. Thankfully the US taxpayer is going to be on the hook for this so some bailout is eminent according to Biden. He tried to settle fears on this quickly by making an announcement.


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