/biz/ - Business & Finance

>>18593239
>>18594668
First 7 grand in physical Gold, followed by 3 grand in physical Silver; then maintain ratio from there. Once you've got enough saved, move into property with a 50/50 split between PM's and Land. It's as foolproof of an investment plan as it gets, and in the current times PM's are set to be extra profitable if you sell before correction due to their usual boosts during economic crashes.

Shit like >>18593464 >>18593474 (pajeet) >>18594271 and >>18594618 (reddit spacing, avatarfagging tripnigger advertising the redditcoins) not only assumes that you have general knowledge of the markets- which for newcomers, lack of knowledge and not realising that they're on a Duning Kreuger curve's peak can not only lead to lost money via simple mistakes, but also overinvesture due to not knowing what is and is not good general market prediction.

tl;dr Gold and Silver have almost never been a historically bad investment (as in, they're deemed more of a value safe haven than liquid cash), are long term, slow burners, don't need any signup or shit like that to get into, only need to account for premiums (and VAT on some Silver), and are unlikely to lose money due to the fact they are (together) the two most stable market assests on the planet (even more than government bonds and, topically coincedental, crude oil). You're not going to gain that much money, but at the same time, you'd have to buy at a pretty fucking high peak to lose money (and even then, just wait a few years and you'll be back in the green). To further add to PM's being good for beginners, having them physically in your hand is uniroincally a good psychological reminder for the value of money, and there's only 2 (4 if you count Plat and Pall) market variables to learn (as oppose to the 100's of bonds/indexes, 1,000's of cryptos and 1,000,000's of stocks)

>tl;tl;dr
gold

when am i supposed to sell my contract?
when is enough, enough?

>>17719736
A repsresentitive of /pmg/ here to led an open hand to any /smg/ bros caught in this freefall.
It's not over yet.

Cut your losses. Buy the shiny rocks.

>>17527157
If you're new to investment, it's better to go for Gold. It's easier to throw around, less volitile and (generally) a better chance of going up. Obviously for the sake of diversification (not putting your eggs in one basket) it's easy to say both, but if it comes down to making a choice, Gold is great to learn the basics of the market with.
Gold's in a highly likely bear trap right now (which in short means a dip before a surge - bull meaning a surge and bear meaning a slack; a trap meaning a false dip indicator) and has been historically the safest investment you can make full stop (since, in simple terms, your paper money and coinage is simply a ease of use middle man for the price of your currency against gold). Obviously there are a multitude of other factors, but put simplest, if shit looks like it's getting unstable with the economy, then Gold will go up in value (since bonds, stocks, crypto and currency etc is all a middle man dancing around the price of gold - cutting the middle men means less chance of growth, but also an equally less chance of relative monetary loss). With Corona being what it is and kicking the shit out of the supply chain, Gold has already experienced a small peak; but the fact it's licked the ceiling of $1600/oz has a lot of people saying that $2000 is almost guaranteed now (since, when it hit that, it showed a definite line in the markets where things are a little too volitile).

>>16341370
I have only 50link and 54 000 gaytoms

Are any of them worth investing in now? Is it over?

>>10034098

>>10001766
You fucked us all and all you care about is your (You)'s? I would do the same.

>>8599466
My uni in Aus is considering a blockchain oriented course in the next semester, and if it happens I'm applying the fuck out of it.

>>6838891
thanks for torpedoing this thread with your abhorrent views of how the world works

>>6108032

>>4576394
This is a breakthrough. Macaroni indicators! /biz/ is truly a magical place.

Aaaand we're taking off

i see you picked up the signs as well anon, i was about to make a thread myself

>>3150862
i want super quick gains, and yeah i was considering trading the MEME for something else, just didnt know what.. I'll consider BAT tho, thanks

https://youtu.be/VqmonN0fi7Q
LTC lyfe senpai

John Mcafee

what a guy

SKLN
K
L
N

>mfw bought SKLN at .13

Out: Shitcoins
In: Shithereums

How low does gold have to get before it's time to buy?

>>354874
>business heroes