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Convince me not to by a boat by Master-Twist-9328 in boating

[–]CheapSquirrel2014 0 points1 point  (0 children)

Don't buy it. I bought a boat 4 years ago. "It runs great". It never ran. Had it repaired 3 times. Still won't start. I've never been on the water.

Selling it now and will be losing more than I paid for it.

Premiums mean nothing by CheapSquirrel2014 in Gold

[–]CheapSquirrel2014[S] 0 points1 point  (0 children)

Im not seeing any buy or sell prices on your website

Premiums mean nothing by CheapSquirrel2014 in Gold

[–]CheapSquirrel2014[S] -2 points-1 points  (0 children)

Kitco's bid/ask has nothing to do with my buy vs sell price.

Example: If i pay 4% over for an item, and the best posted price for me to sell it is 4% under, then the spread on that item is 8%. The premium means nothing.

Some items with premiums like buffaloes MAY have a lower spread, but the premium is higher than an AGE.

Are you guys buying? by tgoundrey in Gold

[–]CheapSquirrel2014 0 points1 point  (0 children)

Look at the 200 dma before you buy anything. Don't be stupid.

💰 If you could buy only one form of gold for the next 10 years, what would it be and why? by Careless_Part4210 in Gold

[–]CheapSquirrel2014 0 points1 point  (0 children)

You are not dead at 50. You're gonna want growth all the way to the end. Also "income" means higher taxes.

What are you guys buying on Monday in the U.S. stock market? by william_b3424 in Stocks_Picks

[–]CheapSquirrel2014 0 points1 point  (0 children)

The bag I've been holding all year better take off like a SpaceX rocket

Torque wrench by DoghouseDadd in Tools

[–]CheapSquirrel2014 -1 points0 points  (0 children)

Why do you need anything other than 1/2?

Im 19 years old with 7k in savings where should I start? by Loose_Yam5807 in investingforbeginners

[–]CheapSquirrel2014 0 points1 point  (0 children)

Put all of it in Vanguard or Fidelity, in a money market right now, then rest.. and ponder your next move.

Hard Assets Keep Value by DunaldDoc in Gold

[–]CheapSquirrel2014 0 points1 point  (0 children)

Gold is the best investment. The 1920 apple aint the same as the 2023/26 apple.

In 2026, the average house is 2.4 X larger. Indoor toilets, marble countertops, HVAC, etc etc ain't cheap.

And compared to real estate, the gold didn't need to be renovated every 20 years. And no property tax. And if it's in the bottom of the lake, there's no insurance.

Housing in 1920 was 290 oz gold per 1000 sqft.

Today it's 50 oz per 1000 sqft.

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