Investing - can you make any sens of it ?

02/13/2012 08:02:15 PM · #1

I will grow old living in a cardboard box, or at Art Roflmao's house as part of his posse.

As far as I know,
Yankees like their 401K's,
Canucks like their RRSP's.

But what investment, if you have the nards, do you put in your retirement fund?

My bank tries to sell me on their Mutual Funds, some safe, some not so safe. ETFs are also out there. If you fancy yourself some sort of genius, I suppose you could gamble on your own mix of stocks.

What is one to do?

Canon EF 28-135mm f/3.5-5.6 IS USM

02/13/2012 08:03:36 PM · #2

Apple? ;-D

Kelli

Canon EOS-D60

02/13/2012 08:05:03 PM · #3

Dude, just buy gold. Preferably bars.

cowboy221977

Canon EOS-60D

Canon EF-S 10-22mm f/3.5-4.5 USM

02/13/2012 08:06:28 PM · #4

There is an IPO coming up soon that I plan on investing in....Facebook. The symbol will be FB.

cowboy221977

Canon EOS-60D

Canon EF-S 10-22mm f/3.5-4.5 USM

02/13/2012 08:06:52 PM · #5

I already own some gold bars

02/13/2012 08:11:10 PM · #6

Originally posted by cowboy221977:

There is an IPO coming up soon that I plan on investing in....Facebook. The symbol will be FB.

haha, I bought some "SOCL", an ETF, on nasdaq a while back as it may have access to the actual IPO, which the rest of us mortals will not. I'm at a profit on it, so far.

02/13/2012 08:14:56 PM · #7

Originally posted by Kelli:

Dude, just buy gold. Preferably bars.

I've made some sweet moolah on some options just this last two weeks, and it wasn't from an African Princess.

Canon EF-S 10-22mm f/3.5-4.5 USM

02/13/2012 08:16:17 PM · #8

Originally posted by cowboy221977:

I already own some gold bars

I would love to have some physical gold bars, the stuff just feels so amazing! I would no doubt do nasty things to it!

cowboy221977

Canon EOS-60D

02/13/2012 08:29:13 PM · #9

Originally posted by Strikeslip:

Originally posted by cowboy221977:
I already own some gold bars

I would love to have some physical gold bars, the stuff just feels so amazing! I would no doubt do nasty things to it!

Oh wow...so you would molest your gold...I will admit that I have slept with a bar before

Yo_Spiff

Olympus OM-D E-M5 Mark III

Olympus 12-100mm f/4.0 M.Zuiko ED IS PRO

02/13/2012 08:34:58 PM · #10

I've invested my savings in high yield porn.

02/13/2012 08:36:18 PM · #11

Originally posted by cowboy221977:

Originally posted by Strikeslip:

Originally posted by cowboy221977:
I already own some gold bars

I would love to have some physical gold bars, the stuff just feels so amazing! I would no doubt do nasty things to it!

Oh wow...so you would molest your gold...I will admit that I have slept with a bar before

At a second year geology field camp, while doing a mapping project near an old gold mining camp, my partner and I found some weathered malachite which fit all the physical properties of gold (to us). We freaked out. The teaching assistant laughed his ass off, but congratulated us for being so observant where nobody else was. Real gold has an effect. :-)

Canon EF 24-70mm f/2.8L USM

02/13/2012 08:36:55 PM · #12

Originally posted by Yo_Spiff:

I've invested my savings in high yield porn.

I like it! what's the stock symbol!

Giles

Canon EOS-5D Mark III

02/13/2012 08:39:23 PM · #13

with gold at its highest price is it a good time to be buying gold? with all the increased mining for it etc good time to be digging it up but maybe not buying it, discuss? hehe

Yo_Spiff

Olympus OM-D E-M5 Mark III

Olympus 12-100mm f/4.0 M.Zuiko ED IS PRO

02/13/2012 08:48:37 PM · #14

Originally posted by Strikeslip:

I like it! what's the stock symbol!

It's a special fund, only sold through a brokerage in Nigeria. I'll send you the number.

nickyb

Apple iPhone 16 Pro

Sony 50mm f/1.8 e mount

02/13/2012 08:50:21 PM · #15

Originally posted by Kelli:

Dude, just buy gold. Preferably bars.

02/13/2012 08:58:09 PM · #16

Actually, The TD Bank Precious Metals mutual fund made ~20% over the last 10 years. But of course, Canada kicks arse at exploration. While Americans can dig up what they find on surface, Canadians can discover what's beneath.

ShutterRev

02/13/2012 08:58:57 PM · #17

''Well, the key is you got to di-ver-si-fy wi' yer money. What we'll do is we'll take half of it, put it in a big mayonnaise jar, bury it out in yer backyard. The other half we'll take down to the dog track and bet on the one that does his business right before the race starts.'' - Jeff Foxworthy