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Activism
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Title: What to Do?
Source: [None]
URL Source: [None]
Published: Jun 16, 2011
Author: me
Post Date: 2011-06-16 21:41:46 by Lod
Keywords: None
Views: 2253
Comments: 24

A question for you friends - should we liquidate all stocks and bond holdings, and put the proceeds into gold and silver, or real estate, or whatever?

Thanks much.

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Begin Trace Mode for Comment # 17.

#3. To: Lod (#0)

No for real estate, yes for gold and silver. Real estate hasn't hit bottom yet, not even close. When it does, then jump in cautiously, cause the government can easily take your land, but they can't as easily take your gold and silver when they don't even know you have it or where it is.

RickyJ  posted on  2011-06-16   23:25:00 ET  Reply   Untrace   Trace   Private Reply  

No for real estate, yes for gold and silver.

I disagree on real estate. You can go to the court house steps and purchase property on the auction block for 20K under value right now. It's a tangible asset and people need a place to live. Don't forget to run a check on outstanding dues on the property that cloud title and factor that into paying 20K less than worth.

abraxas  posted on  2011-06-17   9:55:05 ET  Reply   Untrace   Trace   Private Reply  

There are good deals now, but real estate has not bottomed out, until it does you won't make any money off of it, you will lose money.

RickyJ  posted on  2011-06-17   15:15:30 ET  Reply   Untrace   Trace   Private Reply  

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