Doesn’t seem right. I bought gold at $950 per oz in 2009. Doubled down at roughly $1,900 in late 2023. Now $2,700+. Meanwhile your dollar buys less. Something passed by I guess I didn’t notice.
Yeah. It’s a risk, a bet on your Mind. Never bought Bitcoin, crossed my radar at about $300. I said wtf is this? My money in the cloud? Nah, Bro, I said to myself, not me. Makes me the fool, I guess. I tend to have really bad timing on real estate for sure. My Uncle told me never sell a property you bought. Just rent it. I couldn’t do that. I didn’t want some stranger, with a one month deposit, to have control over a major asset of mine. I don’t know too many lawyers, but I do know they’re expensive. My financial advisor, who I fired, told me, Seems if you can’t live in it, touch it, see it, you don’t want to go there. I said, Yeah, that’s me.
Agreed, Jon. Just sold my house too, instead of 'turn it into an economic engine' as one colleague suggested. I think as you intimated, we become more and more 'dispersed', or at least those of us who endeavor to be where we are, and not where we're not. So its a Mongolian yurt for me on some patch of land I will buy, and I will be all there. Best
If you can’t touch it, or be touched by it, why bother? Haven’t read it myself. I’m more of a natural entrepreneur, who knows his limitations. Retired first at 54, then again at 61. Started consulting at 63, but I wasn’t advertising. Former client called and said I need your help. Agreed on my terms…now handling disaster response to LA wildfires. I’ll be 71 this year. You know what you know, and at my age, you see a bit farther than the end of your nose. Old but Golden, eh?
Yep. Seems the Conspiracy Theorists win, again. Did anyone buy Gold and Silver 10+ years ago? The paranoids did. Who’s paranoid now?
I went to Europe in 2003. Gold was 363.83
2024 $616 and change per Troy Ounce.
Doesn’t seem right. I bought gold at $950 per oz in 2009. Doubled down at roughly $1,900 in late 2023. Now $2,700+. Meanwhile your dollar buys less. Something passed by I guess I didn’t notice.
Of course. Just a moment of thought required as to Gold as the decision of frugality and safety. https://www.dollartimes.com/inflation/items/price-of-gold-in-2003
Yeah. It’s a risk, a bet on your Mind. Never bought Bitcoin, crossed my radar at about $300. I said wtf is this? My money in the cloud? Nah, Bro, I said to myself, not me. Makes me the fool, I guess. I tend to have really bad timing on real estate for sure. My Uncle told me never sell a property you bought. Just rent it. I couldn’t do that. I didn’t want some stranger, with a one month deposit, to have control over a major asset of mine. I don’t know too many lawyers, but I do know they’re expensive. My financial advisor, who I fired, told me, Seems if you can’t live in it, touch it, see it, you don’t want to go there. I said, Yeah, that’s me.
Agreed, Jon. Just sold my house too, instead of 'turn it into an economic engine' as one colleague suggested. I think as you intimated, we become more and more 'dispersed', or at least those of us who endeavor to be where we are, and not where we're not. So its a Mongolian yurt for me on some patch of land I will buy, and I will be all there. Best
I share your opinion. I did choose a radical investment at 18. I allowed myself the luxury of reading Henry Miller on money and took it to heart.
If you can’t touch it, or be touched by it, why bother? Haven’t read it myself. I’m more of a natural entrepreneur, who knows his limitations. Retired first at 54, then again at 61. Started consulting at 63, but I wasn’t advertising. Former client called and said I need your help. Agreed on my terms…now handling disaster response to LA wildfires. I’ll be 71 this year. You know what you know, and at my age, you see a bit farther than the end of your nose. Old but Golden, eh?