Recent content by Focu$ed

Claire, If you feel that you are sacrificing and saving so much that it's a chore, maybe you are indeed trying too hard. I agree with the posters who suggested  that saving is partly about not spending, and partly about making thoughtful purchases and maximizing what you get for your money. My...

No matter who the timeshare "invitation" is adressed to, wife or husband, BOTH are required to attend the presentation. If they are going to sell you anything, which is their hope, they need both of you to sign the dotted line. That said, the offer is not a bad deal if this is an area you would...

Around 126%, down big time from two weeks ago. Sorry, don't stone me. I am not diversified.

Yes that was the main company I had in mind. I am up 100s of percent on Goldcorp. I believe they will replace both Newmont and Barrick as the institutional favorite.

Barrick is a very bad choice. They have had the least gains from gold's runup of virtually all the miners/producers as they forward sell (hedge) production and are actually loosing money the higher the price of gold climbs. If you buy a mining company, buy a miner that does not hedge, so that...

I don't LOVE my job, but it is as good as a job gets, notwithstanding I have made more money in my life. Current job is work at home. I have a few managers, some of which live in other states. They IM or email if they need something, otherwise I log onto a website for my work. Some days it's...

Look at the bright side: a lot of people would not have the $420 cash, and would have put the repair on their credit card and be PAYING for it 5 years from now!

Interesting point. Do you think people outside the US who hold US stocks will be inclined to sell them and move into something else?

Commodity booms run in cycles, usually at least 20 year cycles. Prices typically become low enough that it's barely economic to produce the commodity, which depresses production. When production dwindles to the point that demand overcomes supply, prices start rising again, until new production...

This is always a fascinating topic. I have skimmed through the replies and read the interesting article at the link provided by CFB. My personal view is that inflation does appear to be higher than reported, and we personally are doing whatever we can to lock in some of our expenses at today's...

Re: Dow/Gold ratio Or, heaven forbid, we could view it the other way. If the ratio travels from 1 at one extreme, to 40 at the other, and makes it's way periodically over that course like a pendulum, then the lesson is as much about where to sell and buy the DOW as it is about where to buy and...

I guess what some of us are saying, is that gold still is a rare metal, and hard to come by. The fact that we went off the gold standard and currencies are no longer pinned to it isn't because gold ceased to be rare and valuable. Gold has always been the enemy of fiat money. When the gold...

Re: G**d But not in inflation adjusted dollars. The same price point would be considerably higher now.

I agree, and wish I could find the data on the Dow:Gold ratio over the last 100+ years.  There have been times in the not so distant history when buying the Dow was considered the speculative investment. There have been times when stocks in general were considered risky. Cycles come and go. We...

A few random thoughts concerning gold and silver ownership: First, I think a Mad Max scenario, or even Weimar (sp)? Republic meltdown like in 1920s Germany is a bit extreme. We have a few 10,000,000 Mark bank notes in our coin/currency collection just as a reminder, though, that such things...