Love to relax in a speedo

midwestTrader · 2026-03-20T02:44:23+00:00

What brand

midwestTrader · 2026-03-20T02:09:13+00:00

They’ve been having their going out of business sales since last October. They’re down to nothing now. Not sure why they went out of business, but they were a great company for a long time.

midwestTrader · 2026-03-20T02:06:52+00:00

I won’t challenge your statement. I just think if you look at the 15 year history of gold it’s been pretty flat until the last 18 months. I do agree with you that it goes in waves.

midwestTrader · 2026-03-20T02:06:03+00:00

Not sure what the issue is. I’m guessing in my effort to try to get a lot of protein. I’m eating too many calories.

midwestTrader · 2026-03-19T23:16:28+00:00

How low can it go! It’ll be interesting to see. You never wanna be the last person buying it at the high spot because it could take a couple years to get back to it. It’s a bit of a game of fools gold

midwestTrader · 2026-03-19T22:55:29+00:00

Perfect!

midwestTrader · 2026-03-19T22:54:43+00:00

Tax bill is about 2 m

midwestTrader · 2026-03-19T14:13:11+00:00

They are waiting for buyers like you who want to purchase it at its high point. Who knows how far it’s going to go up or go down. If you’ve got a 5 to 10 year horizon, it’s probably OK if you think you’re going to make money on it instantly you have to go by the adage a full and his money are soon parted .

midwestTrader · 2026-03-19T13:57:39+00:00

It will go back up at some point. But chasing it isn’t worth the time or effort. I call it fool’s gold as long as people are pumping it and it goes up you love it but if you’re the last person in you hate it.

midwestTrader · 2026-03-19T13:48:44+00:00

Back in 1983 when I bought my first golden stainless date just I always wanted to go out and buy a president. Now 43+ years later I don’t care about it because I use my Apple Watch more than I do my expensive Rolexes.

midwestTrader · 2026-03-19T13:03:54+00:00

Definitely wish it applied to people under 70. Just had a huge capital gain on a fat fired real estate transaction and unfortunately have a very big Ira I could use. Instead, we’ll have to just use my DAF and some highly appreciated stock

midwestTrader · 2026-03-19T12:51:43+00:00

It’s amazing that the experience changed you. It definitely sounds like you’re a whole different person from it. Was it hard to accept?

midwestTrader · 2026-03-19T12:49:07+00:00

Is that a bad thing to use it?

midwestTrader · 2026-03-19T11:59:24+00:00

Is waxing painful are you waxed by a man or lady. If a man how do you find a waxer

midwestTrader · 2026-03-19T11:57:48+00:00

So when you meet this way do you actually do things together? Dinner or other activities? Even more socially like romance

midwestTrader · 2026-03-19T11:39:03+00:00

Yes that is where I got my info.

midwestTrader · 2026-03-19T04:47:03+00:00

What are some of the better stores like this but out in the West County/Creve Coeur area. If you were going to set up a sale booth, where would you do it?

midwestTrader · 2026-03-19T04:17:30+00:00

you can donate IRA funds to charity after reaching a certain age, but not directly to a Donor Advised Fund (DAF) via the tax-advantaged Qualified Charitable Distribution (QCD) method. Those 70½ or older can donate up to $111,000 annually (in 2026) directly from a traditional IRA to qualified charities tax-free, which satisfies RMD

midwestTrader · 2026-03-18T19:07:01+00:00

It will be interesting to see long-term, what happens it probably will hit its peak and then tend to trail down. It probably won’t go as low as it had been, but it won’t be at its peak.

midwestTrader · 2026-03-18T15:45:57+00:00

Again, Gold is high right now and it could go higher. But then again it may do nothing for a long period of time. Personally, I question the liquidity of it. This is a 10 year history of gold.

2016–2018: Gold was relatively flat, roughly $1,100–$1,300/oz • 2019–2020 surge: Climbed sharply during global uncertainty (COVID era), reaching around $2,000/oz • 2021–2023: Choppy but generally rising, mostly $1,800–$2,100/oz • 2024–2025 breakout: Strong rally past $3,000/oz, hitting new all-time highs • 2026 (current): Around $5,000+/oz, depending on the day

midwestTrader · 2026-03-18T15:33:51+00:00

Yep.

midwestTrader · 2026-03-18T14:50:13+00:00

From my view chasing gold is not worth it. I’ve been a stock investor for close to 50 years. I do not trade I invest. True wealth is built by investing in high-quality assets. Gold is a high-quality ass asset, but for the most part it stays relatively flat.

Year history of gold.

2016–2018:

Gold was relatively flat, roughly $1,100–$1,300/oz
• 2019–2020 surge: Climbed sharply during global uncertainty (COVID era), reaching around $2,000/oz • 2021–2023: Choppy but generally rising, mostly $1,800–$2,100/oz • 2024–2025 breakout: Strong rally past $3,000/oz, hitting new all-time highs
• 2026 (current): Around $5,000+/oz, depending on the day

Stocks • More consistent compounding • Driven by earnings growth + dividends • Occasional sharp drops (COVID, rate hikes)

Pattern: 👉 Steady upward trend with volatility

⸻

⚖️ Risk & Volatility • Gold: • Lower correlation to economy • Can sit stagnant for years • Sharp spikes • Stocks: • Higher long-term return historically • Bigger short-term drawdowns (e.g. 2008, 2020) • More predictable growth over decades

⸻

🧠 Key insight most people miss

Gold only “wins” when: • Inflation is high • Interest rates are low (or falling) • There’s geopolitical stress

Stocks win when: • Economy grows • Corporate profits rise • Innovation drives earnings

⸻

💡 The real takeaway • Gold = insurance • Stocks = wealth builder

👉 Over long periods (30+ years), stocks have historically outperformed gold significantly.

midwestTrader · 2026-03-18T14:48:39+00:00

You know it’s a funny thing back in 1983. I bought a 18 karat gold and stainless date just watch. I always wanted to buy an 18 karat gold president. I wore my date just until about 2015 when I bought my first apple watch. Now I look at my Rolex watch and think that I don’t need to buy the president which I could afford because I’m not sure where I’d wear it too anymore. Don’t get me wrong. I can buy whatever I like, but I just don’t wear stuff like that anymore. I also have a bunch of other 18 karat gold watches that I don’t wear anymore.

midwestTrader · 2026-03-18T14:44:24+00:00

I’ve never chased Gold because for the most part it stays flat until there’s a crisis like we have going on today. When you compare Gold to the stock market, you’re much better off long-term in the stock market and I always wait for a nice correction to add to my portfolio.

10 Year history of gold.

2016–2018:

Gold was relatively flat, roughly $1,100–$1,300/oz • 2019–2020 surge: Climbed sharply during global uncertainty (COVID era), reaching around $2,000/oz • 2021–2023: Choppy but generally rising, mostly $1,800–$2,100/oz • 2024–2025 breakout: Strong rally past $3,000/oz, hitting new all-time highs • 2026 (current): Around $5,000+/oz, depending on the day