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#1
11-14-2012, 01:17 PM
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Investors thread ( please no politics )
I was just wondering what Dorkis were doing these day with this so called fiscal cliff looming. Are we buying Gold ? Staying the course with Stocks and mutual funds ? Bonds ?
Spoke to my guy at ML and he is suggesting staying on the sidelines for a while or getting into Gold and Silver.
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Scott Bresnahan Purcellville Va. 2014 GTB1 World Champion 8 Time National DE champion 88 911 Cup 2021 GT4 13 Boxster S 1969 Saab Sonett 2013 Cayenne 2014 F150 Hurricane race trailer with A/C  05 Cup car 02 Koni 996 
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#2
11-14-2012, 01:30 PM
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Quote:
 Don't you have videos of your glories to keep you occupied?For most people who work for their money and have their money in 401(K)s, investment options are limited and buying gold at $1700+/oz is not an option. If a crash/depression occurs, soup kitchen is the only viable option for most. At this point, I don't even have a job to request my wages be paid in gold.
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Nader There are 3 sides to every story. Mine, yours, and the truth. 91 944 S2 - Mine, Sold 7? 914-6 Vintage racer - Mine 93 964 - Not mine 95 993 - Hers - Sold and will be missed 04 GT3 - ours? Doing double duties at DE, anyway 06 987 - Hers - plan to let son use for DE - My DIY A few others Last edited by N Fotouhi; 11-14-2012 at 01:36 PM. Reason: change
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#3
11-14-2012, 01:35 PM
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Seems like the stock market has pulled back a bit. I'm buying a couple select stocks right now. Sure, they may wind up going down more, but the market is fairly beat-up right now.
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David D. '87 Targa - 2024 was the year, beeches...
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#4
11-14-2012, 01:37 PM
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Ken '03 - boxster - Joy Toy -rolling convertible action -de-ambered -Boxster Brey-Krause Roll Bar '05 - 955s Gold - My Other / On Road / Off Road -coolant pipe by pass 08/11 -heart & short soul block replaced @50k 01/12 -cardan shafted & replaced @125k 09/16 Quote:
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#5
11-14-2012, 01:47 PM
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Stock in gun makers. Demand for their products is soaring out of fear bans are on the horizon.
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Bob 04 GT3 86 Carrera 97 318ti "Guys, I'm coming in, I have too much grip."
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#6
11-14-2012, 02:04 PM
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Volatile market = lots of upside for day trades and swing trades in stocks with high Beta values. I've been having a lot of fun with Ford (F) in recent months. This post-election market drop was predicted by many, so no surprise there. I'm not clever enough to foresee big long term trends, so I don't do the buy 'n hold thing.
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George 2004 BMW 325iT 1998 MB E300 turbo Vindaloo Racing FTW!! 944's are fun When the Wright brothers set out to create a flying machine, Science told them it was impossible.
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#7
11-14-2012, 02:37 PM
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Stephen www.salazar-racing.com 1970 914/6 - 3.0L GT 1983 911SC - 3.32L IROC 1984 930 - 3.6L dirt bikes (some gas, some electric), Sherco trials bike Sold: 2001 Boxster (hers), 2003 996tt x50  , SpecE30, 1996 E36M3 GTS2 racecar, 2015 Mustang GT, 2008 S2R1000
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#8
11-14-2012, 02:40 PM
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I've decided to stop rubbing my 2 sticks together...might make 'em last a bit longer.
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- Tony P. Currently - 1984 944 SP2 racer - 1977 911 KM Special vintage racer - 2000 Boxster S (now mine) - 1995 993 (garage queen) - 2007 Cayman S (wife's track beast) - 2017 F350 (tow monster) - 2018 Jeep Wrangler - 1982 911 Targa (resurrection in process) Gone but not forgotten - 1989 944S2 - 1979 RX7 - 1986 944 - 1991 944S2 (in car heaven...) - 2001 Chevy Suburban 2500 (FIL's beast now) - 2012 Cayman R
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#9
11-14-2012, 02:42 PM
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I would be careful buying Gold and Silver right now - there has been a huge price run up in the last 4 years, and in my opinion that means (in market parlance) that the "risk is priced in"
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2001 Boxster "S", Some kind of Blue color (sold) 1986 Carrera, Guards Red 1998 Boxster, Guards Red ("amazing") (now amazingly broken) 1991 Audi 200 TQ20V with Stage II Boost kit (sold, alas) x2 Some other crap PCA Potomac Passed President 2015-FOREVER!!!!! PCA Potomac El Presidente 2013 (Chief Complaint Officer) PCA Potomac VEEP 2012 (President of Vice) PCA Potomac Drive & Dine Chair 2008-2011
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#10
11-14-2012, 02:57 PM
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heard that drK's business is looking up
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