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Off-Topic Stock Market & Crypto Discussion

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Kjdcanefan said:
Just threw GLD into a portfolio with some recently public companies like PLTR about a month ago. Hoping for continued good days.
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From experience, gold and silver are highly volatile, so you will experience large moves up and down, dont panic if the next move is down.

Also, gold and silver are considered collectibles for tax purposes, so you are better off using an IRA for them.
 

Goldman forecasts just a 3% S&P 500 annual return the next 10 years, down from 13% the last decade​

 
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SpikeUM said:
From experience, gold and silver are highly volatile, so you will experience large moves up and down, dont panic if the next move is down.

Also, gold and silver are considered collectibles for tax purposes, so you are better off using an IRA for them.
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That's real great, do other metal commodities count as well? I'm not familiar with the tax code.
 
SpikeUM said:
From experience, gold and silver are highly volatile, so you will experience large moves up and down, dont panic if the next move is down.

Also, gold and silver are considered collectibles for tax purposes, so you are better off using an IRA for them.
Click to expand...
Rare gold coins are an excellent investment opportunity, increasing in value whatever the value of gold.
 
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Bloomberg
Markets
Bonds

Treasuries Plunge Like It’s 1995 as Traders See Soft Landing​

  • Two-year yields have jumped 34 basis points since Fed meeting
  • Resilient economy limits room for rate cuts as election looms
Election year boys..
 
Yahoo finance
“We remain very confident in the long-term outlook for US economic growth," Snider said in an interview on Tuesday. "We remain very confident in the outlook for long-term corporate profit growth. We feel good about the long-term outlook for the average [S&P 500] stock”
 
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