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Re: Stock scream room

Posted: Thu Apr 04, 2019 12:19 pm
by dualstow
Kbg wrote:
Wed Apr 03, 2019 6:52 pm
With the exception of truly immediate cash needs (you know actual dollar bills hidden under your mattress for quick access), cash is an evil wasting asset and your goal should be to have none of it or the absolute minimum possible.
...
You leave a lot on the table if you don't and normally you are in fact losing somewhere between 2-3% annually for anything sitting around doing nothing. 10 years down the road, you got 75%ish of what you had in real terms.
But I've held gold for ~ten years! O0 I know- it doesn't work that way, which is why I continue to hold all four assets, but...I feel more positive about cash after reading the Portfolio Charts piece on it. It didn't change how much I hold. I just feel better now about what I do hold.

Re: Stock scream room

Posted: Fri Apr 05, 2019 8:44 pm
by Kbg
Gold is useless for the most part (not counting jewelry) but it’s pretty hard to argue against its usefulness in a diversified portfolio.

Re: Stock scream room

Posted: Tue Apr 09, 2019 3:08 pm
by Ugly_Bird
buddtholomew wrote:
Mon Apr 01, 2019 3:11 pm
Stocks good, gold bad
Missing daily reports... :P