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stockholmer

(3,751 posts)
45. mining stocks(especial the junior and mid-tier sectors) are a space I only venture into with serious
Thu Feb 16, 2012, 01:05 PM
Feb 2012

input from my 2 principal advisors. I have hit some home runs, but also have lost my arse on a couple too. That is the nature of the game. This is but a small part of my overall portfolio, and I am very comfortable with losing all my initial investment, in returns for the chance at huge gains. So far, I am defo in the black overall, and the 2008-2009 correction let me load up on some true deals (also in other stock sectors as well).


Gold bullion, on the other hand, when measured from January to January, has gone up double digits % every year for the last 12 years.

I fail to see a win win there, as I highly recommend a 'dollar cost averaging' purchase plan to just steady accumulate.



cheers

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401K's suck n/t wilt the stilt Feb 2012 #1
I've never worked anywhere more than 6 years. If I didn't have a 401k I'd have no employer help dmallind Feb 2012 #6
Why? truebrit71 Feb 2012 #14
I'm old enough to remember that retirement funds used to be a sure thing me b zola Feb 2012 #31
Spam deleted by gkhouston (MIR Team) nobelaries Jun 2012 #62
They sure do. JDPriestly Feb 2012 #21
My 401k, and my wife's 401k, beg to differ. JoePhilly Feb 2012 #30
Spam deleted by gkhouston (MIR Team) nobelaries Jun 2012 #59
No Summary? JoePhilly Jun 2012 #64
They Don't Have To RobinA Feb 2012 #53
Spam deleted by gkhouston (MIR Team) nobelaries Jun 2012 #63
Spam deleted by gkhouston (MIR Team) nobelaries Jun 2012 #58
Chip, chip, chip ... TBF Feb 2012 #2
The purpose of the 401k is to make people believe that given enough time, they too will be a 1 %'r. harun Feb 2012 #3
Spam deleted by gkhouston (MIR Team) nobelaries Jun 2012 #60
DOOMED. 401Ks are a sham Bennyboy Feb 2012 #4
If it takes millions for each worker to retire, how are pensions viable? dmallind Feb 2012 #7
It takes 3 legs to the stool Sherman A1 Feb 2012 #25
Federal Government moved Civil Service to this for all workers who entered 24601 Feb 2012 #35
Most people retiring now are doing marybourg Feb 2012 #15
I'll add to that... socialindependocrat Feb 2012 #28
If the market crashes in the next 20, 30, 40 years HockeyMom Feb 2012 #16
Depends on what investments you put it in ... and how you manage them ... JoePhilly Feb 2012 #33
This is exactly what spartan61 Feb 2012 #5
Mitt Rmoney can come in and strip the plan naked and send it to his offshore accounts nt msongs Feb 2012 #8
Spam deleted by gkhouston (MIR Team) nobelaries Jun 2012 #61
the banksters are laughing as more & more are forced into their gulag casino (aka the rigged market) stockholmer Feb 2012 #9
Spam deleted by gkhouston (MIR Team) nobelaries Jun 2012 #65
Not enough information to say which is better, actually. Robb Feb 2012 #10
ERISA requires 5-year 100% vesting TahitiNut Feb 2012 #11
hey hi TN annabanana Feb 2012 #50
High! TahitiNut Feb 2012 #56
Forcing people into the stock market. earthside Feb 2012 #12
What are pensions invested in? nt Snake Alchemist Feb 2012 #17
Pension funds have a huge advantage when they invest because they are larger JDPriestly Feb 2012 #23
Several things wrong here Snake Alchemist Feb 2012 #26
I am utterly overwhelmed as a 401(K) investor. JDPriestly Feb 2012 #29
Not really. former9thward Feb 2012 #32
Spam deleted by gkhouston (MIR Team) nobelaries Jun 2012 #67
And if putting money in drives up the market, what happens when Boomers retire and are pulling out? ieoeja Feb 2012 #19
That is the part about our current recession that nobody wants to talk about. JDPriestly Feb 2012 #24
That's why they've walled them off from being "assets". PassingFair Feb 2012 #27
Some companies allow you to take out loans against your 401k. Incitatus Feb 2012 #52
Spam deleted by gkhouston (MIR Team) nobelaries Jun 2012 #66
The trick is................. Knight Hawk Feb 2012 #13
Very good comment. nt TBF Feb 2012 #54
pensions vs esop vs 401k airplaneman Feb 2012 #18
Ugh. The starting salaries have been reduced yup its me Feb 2012 #20
If employers sulphurdunn Feb 2012 #22
403b's SteveG Feb 2012 #36
That's the way 401-k's work Sgent Feb 2012 #47
FEERS sulphurdunn Feb 2012 #49
And how long before GM loots all those 401(k)s as other companies do? harrose Feb 2012 #34
How do they do that? hughee99 Feb 2012 #55
Spam deleted by gkhouston (MIR Team) nobelaries Jun 2012 #69
The pension as it was once known.. sendero Feb 2012 #37
there IS something you can do,(not political)-make informed investments aimed at wealth preservation stockholmer Feb 2012 #38
I agree.. sendero Feb 2012 #39
Gold is another scam. boppers Feb 2012 #40
can you eat or drink copper, nickel, or paper? ret5hd Feb 2012 #41
gold and silver have been stores of wealth for 6000 plus years, and the price they have vis-a-vis stockholmer Feb 2012 #42
Gold and Silver has been a mixed blessing for me. airplaneman Feb 2012 #44
mining stocks(especial the junior and mid-tier sectors) are a space I only venture into with serious stockholmer Feb 2012 #45
You are correct on gold. airplaneman Feb 2012 #51
"... at least you have some control over a 401K ..." SomeGuyInEagan Feb 2012 #43
Good. History has shown us that pensions are more risky and unsustainable than the stock market. cbdo2007 Feb 2012 #46
Yessiree! EVERYBODY into the wall street pool! annabanana Feb 2012 #48
Spam deleted by gkhouston (MIR Team) nobelaries Jun 2012 #68
GM Posted their HIGHEST PROFIT EVER in 2011. Fearless Feb 2012 #57
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