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Pittsburg, Kansas | LOL
Good observations.
Almost sounds like you should talk yourself into a 10% gold allocation with those thoughts.
I am a value investor at heart. My early readings were of the Benjamin Graham persuasion who was a big influence on Warren Buffet. Ben bought cheap stuff. Warren branched off to companies with solid earnings with a moat.
I did some lucky investments in chip manufacturing way back before the dot com melt down. Fortunately for me I was just smart enough to know I sucked at it and had mostly gotten lucky. Having read the book by Vanguard founder decided index funds had merrit and that was the way to go.
Then got to studying gold and silver fifteen or more years ago. Having lived through the 80s farming crisis I was sure inflation was again going to be in our future.
I was right but ten years too early. Thus I gave up ten years of potential stock gains owning mostly silver with a little gold.
Then when we retired and sold out the proceeds went entirely into gold and silver 4-5 years ago. I had some wealth to protect (from inflation). That has turned out pretty well. | |
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An interesting presentation on currencies
