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Good first/low budget investments. Modern Mom 14/09/13(Sat)08:47 No. 2312 ID: 1862b0
2312

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Hey there guys. I am a hard working 21 year old, and I've set aside $1500 from wage slaving to begin an investment portfolio. I'm currently considering using a chunk of that money to purchase silver bullion, because it seems like a guaranteed profit over the long run. Pictured is the exact object with which I would like to start my financial future, a 1kg silver bar that can be had for only $629 in the current economic climate. Does anybody have any tips for the poor, wannabe investor such as myself? And is anybody else starting this journey or thinking about it?


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Modern Mom 14/09/13(Sat)09:06 No. 2313 ID: 15121f

>>1999
This thread is the same topic, repost there and delete this thread?

If you can't delete it just report it and it'll get removed.

Silver's cool but afaik its price fluctuates greatly. It will be useful in a post economic crash era though.


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Modern Mom 15/02/21(Sat)02:25 No. 2546 ID: 0b7694

if you have a large stable piece of property, just buy copper

it is way down due to gas being down, but it will inevetable rise as it is used in all sorts of stuff

its like $2/lb and hopfully up to 4$/lb within five years but definitely will be within 10years


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Modern Mom 15/02/22(Sun)12:28 No. 2550 ID: 8289b5

Don't speculate with commodities. Check this video.
https://www.youtube.com/watch?v=7O5Y4K4yE_0#t=2m39s


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Modern Mom 15/04/29(Wed)23:01 No. 2574 ID: ddd46b

First off, there's no such thing as wage slaving/slavery. If you believe your skills aren't being compensated enough, find another job. you're not forced to work there, and simply because there "are no other jobs" isn't an excuse. There's always something. In primitive societies, they don't accuse nature of enslaving them because they'll die if the don't work. Same concept. If you are literally being held at gunpoint with this job, and aren't getting paid, that is illegal. Last I checked, businesses don't do that, nor do they take any of your pay. Governments do. It's accurate to say that for a portion of the year, you are a slave to Government, but I digress.

Silver and copper bullion are great investments over the long term. I wouldn't get a solid bar, get it in 1oz coins, or 5oz at the most. If you need to sell a few oz for whatever reason, it will be easier to do so. you can keep them in plastic coin containers, and any decent site that sells metal bullion will sell the containers too. I like to use provident metals.


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Modern Mom 15/05/05(Tue)19:53 No. 2583 ID: 3c5808

>>2574
investing in ingots of silver or gold won't make you money for at least 30yrs or the next "artificial" price spike

Look up online listings of scarcity of resources and timelines online. Oil will temporarily go down, and will reach maximum value in a couple decades. Maple syrup, platinum, and various so called "rare earth" minerals are ONLY expensive now because of industrial cartels and said production/growing regions not moving to more sustainable/profitable regions. EVERYONE, even the US has LARGE AMOUNTS of access to rare earth minerals, it is just not feasible for the economic and undeniable environmental(no eyes, wasting away cancer) impacts.


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That Guy 15/05/22(Fri)20:44 No. 2592 ID: 25fc56
2592

File 143232028859.gif - (3.24MB , 300x194 , ani statue stare.gif )

OP, you are off to a great job getting an investment portfolio started in your young twenties. Having a tiny bit of savings is a much less stressful life than having zero and living hand to mouth.

Regarding on what to buy, I and going to buck the trend here. I own a couple of small silver coins for something that I can turn into cash quickly if I need them. Otherwise, I leave precious metals alone. The companies who sell precious metals to you are making the money, otherwise they would be buying instead of selling.

Follow the standard advice of the 15% Rule: Invest no more than 15% of your portfolio into any single investment. An exception to this rule can be forgiven if one is buying a home.

I suggest starting with stocks which pay dividends. I like to invest in companies which balance each other, like an oil company stock and stock in a company which manufactures bicycles. Even if an entire industry collapses, at least part of your portfolio will soften the loss by gaining ground. Cherry pick some stocks of companies which you personally like, regardless of their past stock market performance. Hold onto these stocks for as long as you can; day traders often see their winnings wiped out by hundreds of transaction fees.

I have an account with the online broker, TradeKing, and I am pleased as spiked-punch with that service. Purchases are dirt cheap, thus protecting my razor thin profit margins. There are a couple of catches for having an online broker. First, monitor your investments at least twice a year to see if you are changing your mind about any particular item and to see if you are due soon to be hit with an inactivity fee. When my computer crapped out on me, one of those $50 inactivity fees hit my portfolio, resulting in a net loss for the year. The other thing you need to watch if your taxes. The IRS frequently mistakes a sale of stock as a windfall of income even if you sell at a loss. I once had to write the IRS a letter explaining such, and that letter was adequate.

Bonds are a measure of confidence in a government. Being not very confident, I own none. I suggest sticking to the 15% Rule so that all of your bonds combined compose no more than 15% of wealth.

Do NOT buy a new car. Don't let anyone sell you a load of crap about building credit. If you aren't taking out a business loan to build a factory, you don't need credit that badly. Cars are a particularly bad use of money. If one takes the average American's car loan payment and extrapolates that over twenty years, then compares placing the same amount of money in a savings account, the difference will be a million dollars in the bank by the time you turn 41 -- or a used car.


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Modern Mom 15/05/31(Sun)00:26 No. 2608 ID: 147149

My advice to you is to read the intelligent investor by Benjamin Graham and The Only Three Questions that count by Ken Fisher.


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Modern Mom 15/06/24(Wed)01:33 No. 2628 ID: ed9537

im investing in asian (23karat) gold which is much cheaper to buy in jewelery form, you only pay around $10 above the spot price of the gold. if it goes back to what it was in 2010 then im laughing


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Modern Mom 15/06/30(Tue)18:27 No. 2631 ID: bda442

>>2312
I feel like silver is pretty stable generally. Neither up too much nor down. I'm with the guy who bought coins. I believe in keeping something like that in case of disasters. you have quick universal currency. Same with a little cash as well but cash can go straight down the toilet in certain situations. Investment is a tough call these days. I think investing in a strong player in oil and gas could pay off in the long run. Prices devalued by saudis flooding the market but eventually they have to make money too, you know? I mean you could be waiting for a year or five but I think eventually it will head back up.


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Modern Mom 15/08/01(Sat)09:33 No. 2639 ID: 245f5b

I hear Craigs List silver is a good place to start.,


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Modern Mom 15/12/21(Mon)16:00 No. 2787 ID: 7e287c

There's only two things you want.

Low cost mutual funds, and Baskets.

Low cost mutual funds, you just go to vanguard and buy some shit and hold it until you're old. Baskets, go to any of the Internet brokerage, and they'll have baskets for no commission. You risk everything to buy a basket, but it's less risky than buying single stocks and there's no commission, so they have a low barrier to entry. Where as you need at least $1000 for single stocks, because commission will eat up all your profit. And if you only have $1500, that's a fucking risky thing to be doing.

Fuck Gold, Silver, Copper and the like. They're for preppers who think the world is going to end tomorrow and circlejerk about their Fallout fantasies. Commodities are not an investment, they're a hedge. They don't make you any money, they are a store of money. If you put your $1500 in silver, in 80 years, you'll have $1500 in silver, adjusted for inflation.

Also, read "a random walk down wall street". http://www.gbv.de/dms/zbw/799529877.pdf


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Modern Mom 16/01/02(Sat)05:55 No. 2793 ID: 8ff5ba

>>2787
How much should one put into a mutual fund?
What traits should one look for in a mutual fund?


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Modern Mom 16/01/06(Wed)16:59 No. 2794 ID: 31957b

>>2793
I wouldn't invest in a mutual fund. You can achieve the same return or better just by investing in ETFs tied to the overall market. Rarely do fund managers consistently beat the market year after year


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Modern Mom 16/01/26(Tue)15:37 No. 2804 ID: 7e287c

>>2793

The Vanguard mutual funds that are tied to the stock market are pretty good.

http://www.investopedia.com/articles/mutualfund/07/picktherightmutualfund.asp


ETF trading is a kind of basket, so I'm ok with that. Just remember, trade over the month, not over the day.

As for how much, you only have $1,500, do all of it. The more you invest now, the better you're going to be over the long run. ETF and mutual funds are low risk.


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Modern Mom 16/10/27(Thu)16:33 No. 2896 ID: e39136

KISS i.e. Keep Investing in Stacked Silver

___88___


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Modern Mom 16/12/09(Fri)12:34 No. 2923 ID: 1fc8a1

Invest in silver. I am 39 now, and when I was 19 silver was $5 an ounce and now it is $17. Over 300% increase in only 20 years! A few years ago it was around $40!!!

Gold great if you can afford it as it's worth is tied to world currencies. In the same 20 year time perios gold has also risen 300% from $500 an ounce to around $1500.


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Modern Mom 17/01/02(Mon)01:53 No. 2937 ID: d3d12c

You can use the 2008 market prices for most things, to determine the cheapest it's willing to get.

Silver hit $9/oz in 2008, went to $48 by 2011 before ComEx started manipulating the price w/ by dumping naked futures on the market.

ECB + JCB are having to buy ~$150bn of "stuff" a month just to keep their economies afloat. We're gonna get slammed with a ton of inflation sooner than later. Interest on fiat is verifiably the problem now, they'll resort to permanent money creation and pay off their own debts. Once that happens we'll get lots of inflation and hard assets will do very nicely.


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Modern Mom 17/01/02(Mon)01:55 No. 2938 ID: d3d12c

>>2937
Forgot to mention, I'm building my position anywhere between $9-16/oz.

Gonna sell $30+ easily.

I'm mostly excited for cryptocurrency, Peercoin is $5m cap vs Bitcoin's $12bn, and is the genesis for the system Ethereum uses (and a ton of other clones). $5m cap will easily get to $100m sometime 2017, it's cheapest I think it'll ever get right *now*. 33c average cost, I'll easily be able to dump these for $1, then $3, then $5-7, and saving a chunk for whatever stupid number it gets to.

Gotta love standard deviation movements in niche assets! Rare, but they exist!


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Modern Mom 21/11/28(Sun)23:23 No. 3595 ID: 05f18e
3595

File 163813819417.jpg - (53.25KB , 320x320 , 8224840835837458.jpg )

I've been dealing in scrap precious metals for a few years if anyone is interested to learn what I know.

The first thing is not to buy any, without knowing where to sell when you decide to. This business is full of dealers who overcharge up front and underpay. Myself included.


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Modern Mom 21/11/29(Mon)18:51 No. 3596 ID: af1d7e

>>3595
Teach me your ways, I only wish I had a truck to haul around scrap metals in.


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Modern Mom 21/12/07(Tue)02:17 No. 3601 ID: 1fa138
3601

File 163883986656.jpg - (28.23KB , 320x320 , 8035869038141276.jpg )

>>3595
I'll try to stick to hard information.

Two useful websites

Kitco.com for precious metals spot prices, historical charts. Daily "fix" price, kitco also runs a refinery and buys from the public however their payout % is not the highest.

925-1000.com the best website for silver hallmark identification.

Coinflation.com handy site giving melt value for US & some world coin based on metal content and spot market price

That's enough for this post. Next up, standard formulas for value of scrap gold by karat.

Antique jeweler's loupe and gold testing needle set from my collection related?


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Business Apps PeterM00use 22/01/24(Mon)20:20 No. 3616 ID: d312b3

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Modern Mom 22/01/28(Fri)05:53 No. 3618 ID: 603d97

Ignore the silver shills.
They are knowingly misleading people because they profit personally from the trade of silver- they are simply shills.

I actually into macroecconmics, and can explain why buying silver is foolish simply.
A. While technical an asset, silver has little practical value and none to the personal buyer. It's actually just a vehicle for speculation.
B.Speculation is just gambling on whether the price of something will rise- it is a specific kind of investment where there is no growth.
You're not investing in a business which is actually growing, your buying a lump of metal that's rising in value due to inflation.
C. Inflation is a market force which you have no control over, the cause is complex but suffice to say you cannot control it.

Conceptually you are betting on a rigged horse race.
You can try to bet with whoever is rigging the race- even if you succeed you will still be behind whoever is rigging the race.
That's really what hedge trading is.

As an individual you have no business hedge trading, because you have nothing to hedge.
If you had a trillion dollar bank doing international currency transactions, you might "hedge" 10% with silver to limit your losses.
That's literally who does 90% of the global silver trading, trillion dollar companies that are protecting their margins.
These are the people rigging the race, and you are just trying to bet with them using a miniscule amount.

As an individual you need the liquidity that comes from regular cash, and rather than investment you need to protect yourself from exploitation.
Rather than silver you need $100 of long store groceries, a car that runs properly, and tools.


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Bteroper 22/05/28(Sat)16:53 No. 3665 ID: dafa3b

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Modern Mom 22/05/29(Sun)05:12 No. 3666 ID: 6f8a99

As somebody who has a substantial position in physical silver, I recommend against this. It's not a get rich quick scheme and if you're poor then there are about thousand other things you should put your money in first before even trying to play pretend investor.


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Modern Mom 22/05/29(Sun)05:12 No. 3667 ID: 6f8a99

As somebody who has a substantial position in physical silver, I recommend against this. It's not a get rich quick scheme and if you're poor then there are about thousand other things you should put your money in first before even trying to play pretend investor.


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OscarWalters 22/08/15(Mon)14:54 No. 3717 ID: 55f91b

I was extremely upset, so I switched my attention to the large variety of online casino rooms. Since we were all stuck at home, I might try and have some fun while I was alone with my cat.
I have played in a few new and old rooms just to compare the experience. I have a few favorites, and one of them is probably, and surprisingly is, this casino room that mostly focuses on slots.


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Modern Mom 23/03/09(Thu)15:34 No. 3805 ID: 1f2e4e
3805

File 167837248936.jpg - (9.61KB , 192x192 , 21607.jpg )

>>3717
> I was extremely upset, so I switched my attention to the large variety of online casino rooms. Since we were all stuck at home, I might try and have some fun while I was alone with my cat.
>I have played in a few new and old rooms just to compare the experience. I have a few favorites, and one of them is probably, and surprisingly is, this casino room that mostly focuses on slots.
GAMBLING IS JUST A TAX ON STUPIDITY!


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Modern Mom 23/03/21(Tue)21:23 No. 3807 ID: 276b44

hex is your best choice


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Modern Mom 23/05/05(Fri)13:50 No. 3813 ID: cda0cf

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Modern Mom 24/02/29(Thu)14:58 No. 3948 ID: c59669

I had a situation where money was urgently needed, but someone did not have it to lend. Then I had to go to the creditors. In order not to get caught by a bad company that I was particularly interested in, I asked a friend, he recommended this website to me https://au.casinologin.mobi/online-baccarat/ I was very grateful to him when this company helped me and I soon returned the money.



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