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Silver and gold - physical, or mining stocks?

deerdown

deerdown

Well-Known Member
I didn't want to derail the land ownership thread to discuss alternate investments, so started a new thread.

We've talked on here about alternate investments, stocks, silver, gold, crypto.

With the government spending out of control (still), I'm considering putting some cash into alternate investments, like silver/gold, but thinking about mining stocks as opposed to physical silver/gold. Thoughts? Will a recession hit gold and solver mining stocks even if the price of the physical rises? I haven't been in stocks for decades, I'll admit, and never in mining stocks, so not sure how they respond to ups and downs of the economy. Is their price more reflecting of the spot prices or do other economic factors impact their price significantly?

What else should a guy consider for alternate invesments? Ibonds and Tbills are losing their luster for me.
 
I wouldn't put a ton of faith in it, but thats just me and far from knowledgeable on it. I think for long term growth you are still going to be further ahead buying VTI, VOO, FSKAX etc (U.S. total stock market funds). To be safe, I would not buy individual stocks, thats putting all your eggs in one basket, dont put all your money into one company. Buying any of those about funds i mentioned you are buying a piece of all of the top companies in the U.S. Like for examply I think VTI is share of each of the top 500 US companies. If company number 500 starts to under perform it is pulled out and the next best one is put in. Atleast thats how I understand it.

I bought a bunch of raw silver probably 10ish years ago. Maybe have about 10 pounds of it, before I started investing in VTI etc. Mainly just because I thought it was cool to have silver coins and 10oz bars of raw silver, have tangible raw silver. Fun to look at and hold lol. Its only recently started doing well since I bought it.

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Land land land land land land land land land land land land land land land land land land land land.
& when you have that land ….. maybe u could mine some mineral or metals or maybe some day they find gas or who knows what on it?!? Maybe do some mining & then turn the mined land into solar??? The $ the land puts out…. Could invest in other things with that $ ….. or buy more land. Eah- end of day- find good things to do with the $ & give it away or put it to truly good uses.

Oh man- I’m narrow minded!! ;). My wife & father in law do the stocks, mutual funds, etc. Buddies do crypto. As a kid my side investment was coins (silver & rare coins) & rare baseball cards. Still have em to this day. Wish there was a simple way to trade them in for LAND. :).

I’m open minded to be honest & curious to read. & to be honest - land is not for everyone. In reality- probably not a good fit for 98-99% of the population. I think it’s 1-2% that own it and heck- half those people really have no business owning it as they don’t know what they doing & don’t take care of it. If I had to pick another investment RIGHT NOW- like 30 seconds to decide…. Think I’d pick a rare or highly sought after metal that had a lower price in current market (like NOT gold which just hit $4,000).
Open minded & like reading others thoughts on this for sure.
 
deerdown said:
I didn't want to derail the land ownership thread to discuss alternate investments, so started a new thread.

We've talked on here about alternate investments, stocks, silver, gold, crypto.

With the government spending out of control (still), I'm considering putting some cash into alternate investments, like silver/gold, but thinking about mining stocks as opposed to physical silver/gold. Thoughts? Will a recession hit gold and solver mining stocks even if the price of the physical rises? I haven't been in stocks for decades, I'll admit, and never in mining stocks, so not sure how they respond to ups and downs of the economy. Is their price more reflecting of the spot prices or do other economic factors impact their price significantly?

What else should a guy consider for alternate invesments? Ibonds and Tbills are losing their luster for me.
Click to expand...

Land and Bitcoin.
 
I’m heavy land as well, with an emphasis on income producing land . Been into stocks for many years & manage my portfolio on Schwab.

Apple is my biggest winner, I’ve got some solid dividend producing oil stocks as well .

Just enough silver & gold to make it interesting…

* Unfortunately I sold all my baseball, football, basketball & hockey cards before they were extremely valuable… I’d be retired now if I kept them (Mantle, Aaron, Rose, Nolan Ryan, Gretzky, Montana, Rice, Jordan, Magic …) to name just a few .

No bitcoin !
 
Land is great.

Stocks can be great. For me AAPL, AMZN, & NVDA have been great. Hopefully add AMD to that list 5 years from now.

always fun to play the what if game. Bitcoin obvious. NVDA was trading under $8 during covid AND has since split 10 to 1. $100k investment would be worth north of 23 million today.
 
IowaBowHunter1983 said:
Land is great.

Stocks can be great. For me AAPL, AMZN, & NVDA have been great. Hopefully add AMD to that list 5 years from now.

always fun to play the what if game. Bitcoin obvious. NVDA was trading under $8 during covid AND has since split 10 to 1. $100k investment would be worth north of 23 million today.
Click to expand...
I have some Nvidia, but quite a bit of Broadcom which has jumped way up … I have decent amount of Palantir, & Applied Digital which are also on fire !!
 
Sounds like you need to get back to the basics. You don't need an alternate investment, you just need a well diversified plan based on your age. Keep it simple and dollar cost average. Don't let another decade pass you by and don't buy gold at $4000.
sep0667 said:
I wouldn't put a ton of faith in it, but thats just me and far from knowledgeable on it. I think for long term growth you are still going to be further ahead buying VTI, VOO, FSKAX etc (U.S. total stock market funds). To be safe, I would not buy individual stocks, thats putting all your eggs in one basket, dont put all your money into one company. Buying any of those about funds i mentioned you are buying a piece of all of the top companies in the U.S. Like for examply I think VTI is share of each of the top 500 US companies. If company number 500 starts to under perform it is pulled out and the next best one is put in. Atleast thats how I understand it.
Click to expand...
THIS^^^
 
Hardwood11 said:
Buying stocks every month and then buy more during a big dip like back in April is a strategy we follow …. They were definitely on sale …

Example
Nvidia was $97 in April & $189 today
Casey’s $418 in April $559 today
Palantir $74 in April $182 today
Click to expand...
Amd was down to $80. Trading at $226 this morning.
 
In junior high, our history teacher played a stock market game where he "gave" everybody $1,000 to invest in stocks for 6 weeks. Most bought a blend or blue-chip stocks. One kid, not known for his intelligence, invested all in a "penny stock" that fluctuated greatly and he won the competition. I wouldn't bet on repeating that feat. More of a "fund" guy myself.
 
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