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bucolic_frolic

(49,676 posts)
9. The question is really about hedging the US Dollar
Sat Dec 28, 2024, 06:40 PM
Dec 2024

and thus is a query about allocation: what asset class will grow?

Owning physical assets is a pain to store and protect. Supposedly there are a handful of ETF funds that guarantee they hold the actual precious metal. One's in Australia as I recall.

Hi quality dividend paying stocks have merit. There are blue chip or large cap dividend growth ETFs.

Can't avoid mentioning AI. These companies are where Microsoft and Apple were in 1990, and Amazon was in 2005. There are plays on chips and memory which is to say hardware, software companies that leverage AI.

I'm not throwing this out there as an idea, just to illustrate missed opportunity. Nov 2 2022, Facebook (META) traded at $86.50. In 15 months it was $500.00, now it's over $600. Or take a look at the 10 year chart on LLY.



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0 members have recommended this reply (displayed in chronological order):

Which one is the best investment? [View all] littlemissmartypants Dec 2024 OP
Why buy such? elleng Dec 2024 #1
Study pricing and go to a known coin/gold/silver shop. Absolutely avoid the tv ads. keithbvadu2 Dec 2024 #2
Buy gold from a reputable dealer. no_hypocrisy Dec 2024 #3
I already have a 1923 silver dollar... littlemissmartypants Dec 2024 #12
A long time ago claudette Dec 2024 #4
Interesting. Thanks. ❤️ littlemissmartypants Dec 2024 #19
My Dad had a collection of silver coins he inherited and they are not worth much kimbutgar Apr 3 #27
As I said claudette Apr 3 #29
Maintain a balanced portfolio. Gold could be a part of that. surfered Dec 2024 #5
Permanent Portfolio PRPFX Turbineguy Apr 3 #28
Can anyone you know recommend a financial adviser? Jim__ Dec 2024 #6
I have one. Thanks, Jim__. ❤️ littlemissmartypants Dec 2024 #13
Neither Fiendish Thingy Dec 2024 #7
Got one, thanks. ❤️ littlemissmartypants Dec 2024 #14
Stay the hell out of metals. Firestorm49 Dec 2024 #8
Thanks, Firestorm49. I appreciate your candidly direct reply. ❤️ littlemissmartypants Dec 2024 #15
The question is really about hedging the US Dollar bucolic_frolic Dec 2024 #9
Just looking at the LLY five got my attention. ... littlemissmartypants Dec 2024 #10
You know more than your think bucolic_frolic Dec 2024 #16
Thanks. I learned long ago... littlemissmartypants Dec 2024 #18
Real Estate. (No, I didn't go to Trump University) usonian Dec 2024 #11
Got some of that. ... littlemissmartypants Dec 2024 #17
That was my 14,666th post. LOL usonian Dec 2024 #20
If you must ... Bob Carlson of Retirement Watch newsletter has some IAU - iShares Gold Trust ETF, "which is often nmmi Dec 2024 #21
Gold and Silver and other precious metals are not "investments" per se, they are commodities. A HERETIC I AM Dec 2024 #22
IMHO, your safest bet right now is probably Money Market Funds bif Jan 2025 #23
Personal Finance and Investing, Bookmark. littlemissmartypants Apr 1 #24
If you want to own gold or silver, buy PoindexterOglethorpe Apr 3 #25
Join NASA FCU and buy their CDs. Excellent rates. OLDMDDEM Apr 3 #26
Your relationships and dried goods LuvLoogie Apr 3 #30
Put in a limit buy order for Ford (F on the ticker) for 8.00 prodigitalson Apr 3 #31
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