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Spot Price Update: GOLD 1135.47, SILVER 16.10


Fazzer
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Thank you.... I'm thinking we paid close to a dime...oh well, must think long term.

 

unless you need the money i think of it like gas in your car...  yes you're holding some gas in the tank but don't you want lower prices since you're going to be buying more?

 

most people have the wrong view on it, i talk to 30 year olds that are glad their 401k is up and the stock market is at a record high, they should be thinking the opposite because now they are overpaying

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unless you need the money i think of it like gas in your car... yes you're holding some gas in the tank but don't you want lower prices since you're going to be buying more?

 

most people have the wrong view on it, i talk to 30 year olds that are glad their 401k is up and the stock market is at a record high, they should be thinking the opposite because now they are overpaying

This guy gets it

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unless you need the money i think of it like gas in your car...  yes you're holding some gas in the tank but don't you want lower prices since you're going to be buying more?

 

most people have the wrong view on it, i talk to 30 year olds that are glad their 401k is up and the stock market is at a record high, they should be thinking the opposite because now they are overpaying

Yeah I know. Maybe I should buy more. I'm just frustrated because my one stock I have any real money in is going down, while the Dow goes up. It's done well for me this year, but when you hear about these gains everyone is making it's disappointing. So I'm a chickenshit and sitting on money at 1% which even if you had $2 million in the bank would put you in poverty level living off the interest.

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Yeah I know. Maybe I should buy more. I'm just frustrated because my one stock I have any real money in is going down, while the Dow goes up. It's done well for me this year, but when you hear about these gains everyone is making it's disappointing. So I'm a chickenshit and sitting on money at 1% which even if you had $2 million in the bank would put you in poverty level living off the interest.

 

preferred stocks are looking really cheap right now, with interest rates rising some of them have gotten clobbered unfairly, to the point where you get 8-10% dividends

 

i like all of these, base price is $25/share if they buy them back so you're getting in cheap

 

vno-l (21.77)

aht-f (22.90)

cio-a (22.44)

rexr-a (22.35)

omaa (20.96)

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preferred stocks are looking really cheap right now, with interest rates rising some of them have gotten clobbered unfairly, to the point where you get 8-10% dividends

 

i like all of these, base price is $25/share if they buy them back so you're getting in cheap

 

vno-l (21.77)

aht-f (22.90)

cio-a (22.44)

rexr-a (22.35)

omaa (20.96)

Awesome..thank you. I'll take a look!

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  • 3 months later...

preferred stocks are looking really cheap right now, with interest rates rising some of them have gotten clobbered unfairly, to the point where you get 8-10% dividends

 

i like all of these, base price is $25/share if they buy them back so you're getting in cheap

 

vno-l (21.77)

aht-f (22.90)

cio-a (22.44)

rexr-a (22.35)

omaa (20.96)

all of these have ticked up around 10%..good stuff mike

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