Author Topic: Bisjac's Posts about money  (Read 2675 times)

the only stock i have left is some chinese steel i got in 2005 that i am scared tp pull out on because it keeps growing. and i would basically never get any more of it.
i dont trust the stock markets anymore. i wouldnt try to learn them these days.

the only real money being made now are brokers with automated apps that speculate for them, and buy and sell faster then the ticker will even load to us normal people.
technically the stock market crashes like 100 times a day. but since trading is done so loving fast, no one can panic and react to it anymore, and it corrects itself a millisecond later with normal trades being done.

if you want high risk investing now, try out ETFs. they use the stock markets but they are just mutual funds, so they are less forgeted up.
and even then, dont buy ETFs of companies and stuff, go into the commodity speculation market and trade that stuff. like oil/gold/corn (non company specific)

if you want to SAVE money. then buy physical silver (not gold)
silver ETFs are being traded at ridiculous amounts more then silver even exists. that is a bubble waiting to burst lol.
and when people call in their physical silver just to find out it dosnt exist :D
$$$$$

Bisjac stores gold bars in his fridge

Commodity ETFs are pretty exposed, had ~40% growth to ~80% loss in about a week with silver or some stuff, greed is such a killer with investments :(

My business teacher knew a guy who spent a bit of his salary every year to buy silver bars. He had a fridge sized safe filled with silver and gold. :P

the only stock i have left is some chinese steel i got in 2005 that i am scared tp pull out on because it keeps growing. and i would basically never get any more of it.
i dont trust the stock markets anymore. i wouldnt try to learn them these days.

the only real money being made now are brokers with automated apps that speculate for them, and buy and sell faster then the ticker will even load to us normal people.
technically the stock market crashes like 100 times a day. but since trading is done so loving fast, no one can panic and react to it anymore, and it corrects itself a millisecond later with normal trades being done.

if you want high risk investing now, try out ETFs. they use the stock markets but they are just mutual funds, so they are less forgeted up.
and even then, dont buy ETFs of companies and stuff, go into the commodity speculation market and trade that stuff. like oil/gold/corn (non company specific)

if you want to SAVE money. then buy physical silver (not gold)
silver ETFs are being traded at ridiculous amounts more then silver even exists. that is a bubble waiting to burst lol.
and when people call in their physical silver just to find out it dosnt exist :D
$$$$$

Sweet, Thanks Bisjac!

Bisjac stores gold bars in his fridge
More like platinum

More like platinum

As I recall platinum is cheaper and more common than gold

That's all like basic information about stocks, and common sense for bitcoins. None of this is amazing at all.
it's not amazing, but it's pretty handy for some people.

I've learned a lot from Bisjac. Thanks.

I think Bisjac should start a topic about money and investing and saving and such. Also revealing his deepest darkest secrets about money

Sounds like good advice to me. I might start buying gold with unnecessary funds too.

Y'know, for when people give up on the USD.

Sounds like good advice to me. I might start buying gold with unnecessary funds too.

Y'know, for when people give up on the USD.

If the USD tanks gold isn't going to be doing you much good really.