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Fatherly Advice

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Pillar of the Community
silvercoinrn's Avatar
United States
863 Posts
 Posted 09/08/2012  08:13 am  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
yes but gold has been valuable forever. apple only has 25 years of history. if you go back 100 years with a piece of gold you stil ahave something of value. do that with your stock. the longevity of the gold is what makes it so valuable. Very few things keep their worth gold and property are the few things that are always worth something. even if it is not as much as it once was. it still has some value
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 09/08/2012  1:27 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Im not against gold by any means, but I dont follow the logic that apple is only 25 years old. You cant compare things until they exist. Using clot busters in strokes has only been around about 20 years too, doesn't mean I want the older method of treating it because its older if I have one. Yea gold always has been worth something and always will be worth something, but that has no impact on me. I'm concerned with what will happen in my life time and the near future where as of now nothing has out performed apple.

That said though dont just buy nothing but apple and put all your eggs in basket. Hedge with some pms, spread it around a little and minimize the risk some
Pillar of the Community
silvercoinrn's Avatar
United States
863 Posts
 Posted 09/08/2012  2:57 pm  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
My point it that companies have a history of failing eventually.

And the age old method of eating healthy is the best way to prevent stroke ;)
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 09/08/2012  4:08 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Lol and yea thats a fair point. I'm assuming apple stock wouldnt be passed down for generations, I guess maybe if it keeps doing what its doing. I just think theres a difference between looking at things historically and what they actually mean to us in our life time no matter how healthy we eat
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