Actually gold CAN be a good investment if played right. Buying and holding gold is a dumb move. If you buy low and sell high then you can make money. An old timer told me 20 years ago, When inflation is low and in a state of normalcy gold should be the same value as a mans new suit....$400, and that is when to buy, as soon as it skyrockets due to oil crisis, massive printing of money, or other threat to stable money then sell when you see it go to $800 or higher per ounce. I made money off of a Gold mutual fund after slick willy got in office. Buying gold bullion is not smart IMO cause you will have to sell it (how do you do that) and the risk of theft. If you look at gold in the very long term.....Decades actually gold has done poorly.
That old timer if he is still alive is in his mid 90s. He taught me a few things. The best way to make money on an investment is for it to pay dividends........Buying gold bars wont do this. But.......many stocks do.
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Today's Featured Article - Upgrading an Oliver Super 55 Electrical System - by Dennis Hawkins. My old Oliver Super 55 has been just sitting and rusting for several years now. I really hate to see a good tractor being treated that way, but not being able to start it without a 30 minute point filing ritual every time contributed to its demise. If it would just start when I turn the key, then I would use it more often. In addition to a bad case of old age, most of the tractor's original electrical system was simply too unreliable to keep. The main focus of this page is to show how I upgr
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