Discussion in 'Members' Lounge' started by pissedoffsol, Dec 4, 2006.
but no one listened.
and now i'm rich, and you all suck
You said gold, putz !
gold is a good investment..... if you bought it 5 years ago.
today, its too damn pricey for a novice to get into it enough to make enough off it.
dollar for dollar, gold is way more money, but silver is growing much faster.
gold is around $700/oz now.
10 yr trend FTW.
warren buffett recently sold 125 million ounces at $7.50 per ounce. he lost...um....$750,000,000 by selling too early. wow!
coppers' come and gone. you're a year too late on that too.
I can already turn a profit on that, and I don't spend a dime. hell, I can get paid to do it.
Tearing out old phone/network lines at a customer FTW!
I've done 20% in a month with my 401(k)
I did by silver. 16,999 worth of silver.
But on another note. My old work(big electrical company) cashed in on the copper craze. I was selling about 4-6000 worth of copper every single day for atleast a solid month. I just stripped the big start up cables and old stuff that they started the company with in 1911.....
.... that you can't touch until you're 59.
I can pull out at any time
How much would tax rape you though? I cant remember how you purchased the silver...
long term tax rate > short term tax rate
hold it for more than a year
sell it on ebay......
silver > 401k and government ownage
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