Be a Buffet - holding onto cash right now seems like the most wise thing one could do at the minute.
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"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain -
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Originally posted by scooterscot View PostBe a Buffet - holding onto cash right now seems like the most wise thing one could do at the minute.I am what I drink, and I'm a bitter manComment
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Originally posted by scooterscot View PostBe a Buffet
Would you advise being a Buffett when it comes to airline stocks, selling at the bottom?Comment
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Originally posted by Whorty View PostYeeeeesssss, because holding cash would have got me a 20% return since April"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by TheGreenBastard View PostHe's the quintessential fundamentalist trader. Aren't you a 100% technicals guy?
Would you advise being a Buffett when it comes to airline stocks, selling at the bottom?Comment
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Originally posted by scooterscot View PostHave you taken profits?Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.Comment
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Originally posted by scooterscot View PostBe a Buffet - holding onto cash right now seems like the most wise thing one could do at the minute.
gold is rising for the last 5000 yearsComment
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Originally posted by Andy2 View Poststuff your fiat currency , the best thing to do is buy gold and silver.
gold is rising for the last 5000 years
Originally posted by scooterscot View PostGold is an excellent hedge against inflation. It sucks against currency debasement, however. I don't know why it does not react more positively against money printing. Since 2012 when money printing went out of control Gold has only lost value.
I'm happy to wait until we're around the mean price of $600 before going in large with all my Bitcoin gains.Comment
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Originally posted by scooterscot View PostHave you taken profits?
1) I don't think it's going to drop much. Possible correction, but not crash. I bought in at about 5400 so a long way to go before I need to sell to crystalise profit.
2) I'm in for the long haul. And by this I means years if not decades. These are my ISAs so I'll sit on these for 10+ years. In the long haul the FTSE will go back to 7000+ ... I can be patient as this is not money I expect to need until I'm in my 70'sI am what I drink, and I'm a bitter manComment
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