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-   -   How to do 30K extra by doing nothing (https://gfy.com/showthread.php?t=1020201)

Lamis 04-27-2011 03:54 PM

How to do 30K extra by doing nothing
 
Many webmasters have at least 100K in their USD savings account, sitting in the bank and getting very small percentage in interest return.

Just by buying gold, you can do 30% per year.

And if you invest with 1:10 leverage, you could do 300% per year.

:2 cents:

Fat Panda 04-27-2011 03:56 PM

I doubt a lot of webmasters even have $10k in their bank accounts

Sagi 04-27-2011 03:56 PM

Quote:

Originally Posted by Lamis (Post 18091983)
Many webmasters have at least 100K in their USD savings account, sitting in the bank and getting very small percentage in interest return.

Just by buying gold, you can do 30% per year.

And if you invest with 1:10 leverage, you could do 300% per year.

:2 cents:

Gold never goes down. Just like real estate. :upsidedow

genoveze 04-27-2011 03:59 PM

have any gold for sale :)?

woj 04-27-2011 04:04 PM

thanks for the tip :thumbsup

goldassets 04-27-2011 04:11 PM

I have a LOT of gold.

bronco67 04-27-2011 06:03 PM

No one ever got 30k for doing nothing, except Paris Hilton.

yabate 04-27-2011 08:32 PM

^^ :thumbsup :censored:censored

mechanicvirus 04-27-2011 08:34 PM

gold is old news, are we in 2007 rofl

Seth Manson 04-27-2011 10:18 PM

Quote:

Originally Posted by Lamis (Post 18091983)
Many webmasters have at least 100K in their USD savings account

Hahaha!! This fucker brought jokes!!
:1orglaugh:1orglaugh:1orglaugh:1orglaugh

BSleazy 04-27-2011 10:29 PM

Dude, I have like $5.99 in paxum...wtf can I do with that?

DBS.US 04-27-2011 10:33 PM

Many webmasters have at least 100K in their USD savings account:1orglaugh:1orglaugh:1orglaugh

96ukssob 04-27-2011 10:46 PM

Quote:

Originally Posted by Sagi (Post 18091991)
Gold never goes down. Just like real estate. :upsidedow

tell that to Detriot, Florida and parts of Nevada :1orglaugh

Sid70 04-27-2011 10:54 PM

Quote:

Originally Posted by bossku69 (Post 18092651)
tell that to Detriot, Florida and parts of Nevada :1orglaugh

US should allow Russians buying real estate for naturalization purpose. Problem solved.

marlboroack 04-28-2011 12:06 AM

:)
 
100k eh

The message you have entered is too short. Please lengthen your message to at least 8 characters.

cooldude7 04-28-2011 12:56 AM

Quote:

Originally Posted by sac (Post 18091990)
i doubt a lot of webmasters even have $10k in their bank accounts

+1 .........

Vendot 04-28-2011 02:06 AM

The Euro debt crisis is far from over which *may* mean some upside for gold this year. More crucially, interest rates on all the majors (EUR, USD, GBP) are still very low but theyre likely to start to creep up in 2012 which will make holding gold somewhat less attractive but I would imagine that interest rates will stay below the rate of inflation which means negative real interest rates ie youre still better off holding gold in a theoretical sense.

Its hard to call but i would imagine its better to hold gold this year rather than next year or the year after from an interest rates point of view.

Price of gold right now is $1533/oz

The Ghost 04-28-2011 04:17 AM

Gold gets any higher i'll be trading in my laptop for a shovel and one of these:

http://i9.ebayimg.com/05/i/000/f8/e6/b3c0_1.GIF

Sausage 04-28-2011 04:26 AM

Quote:

Originally Posted by SAC (Post 18091990)
I doubt a lot of adult webmasters even have $10k in their bank accounts

Fixed. :)

GatorB 04-28-2011 04:37 AM

Quote:

Originally Posted by Sagi (Post 18091991)
Gold never goes down. Just like real estate. :upsidedow

Yep ask the guys that paid $800 an ounce for gold in the late 70's

Lykos 04-28-2011 04:53 AM

Gold is always good.Used to buy it before when times were better:)

beta-tester 04-28-2011 05:17 AM

I think the upward trend for gold won't work for a while... Right now, since dollar shrinks every day, oil and gold prices rise, but I expect dollar to get better in June when there will be second Fed conference where Ben might increase interest rates (or at least give different outlook of the US economy).

Kenny B! 04-28-2011 05:36 AM

Quote:

Originally Posted by Sagi (Post 18091991)
Gold never goes down. Just like real estate. :upsidedow

Tell that to the people I'm buying houses from in Phoenix for a fraction of what they paid. :thumbsup

SomeCreep 04-28-2011 08:07 AM

Quote:

Originally Posted by Lamis (Post 18091983)
Many webmasters have at least 100K in their USD savings account, sitting in the bank and getting very small percentage in interest return.

Just by buying gold, you can do 30% per year.

And if you invest with 1:10 leverage, you could do 300% per year.

:2 cents:

:1orglaugh:1orglaugh

oh man, this is exactly the type of thinking that destroys retail investors. My advice, if you have profits in gold, get out now while the gettin's good.

fris 04-28-2011 08:52 AM

all Lamis needs now is actual money to buy gold with

Vendot 04-28-2011 09:10 AM

Quote:

Originally Posted by SomeCreep (Post 18093300)
:1orglaugh:1orglaugh

oh man, this is exactly the type of thinking that destroys retail investors. My advice, if you have profits in gold, get out now while the gettin's good.

:1orglaugh:1orglaugh:1orglaugh:1orglaugh

Exactly...... when you start hearing this kind of talk on a porn message board, the time to exit is now. Seriously though, I have a feeling that big gains for gold are coming to an end over the next two years but I can see at least some price growth year on year for a while to come simply because of increasing demand from emerging markets which is likely to be huge in coming years.

Especially when traditional buyers (India) and new buyers (China) switch to a more consumption oriented economy. Once their currencies strengthen, so will their purchasing power and gold has to be up there somewhere.

mineistaken 04-28-2011 10:34 AM

everybody jums in gold bandwagon, bubble should burst soon.

Lamis 04-28-2011 11:01 AM

Quote:

Originally Posted by mechanicvirus (Post 18092492)
gold is old news, are we in 2007 rofl

lol, last year alone it increased 30%... get a clue dude...

djroof 04-28-2011 11:23 AM

bank??? what is that? Poker is my bank :)

fuzebox 04-28-2011 11:49 AM

Yes, today is the best time to put all your savings into gold :1orglaugh

mayabong 04-30-2011 02:38 PM

I bought
 
200 ounces of silver a while back when it was $29 and have been very happy with the result. Almost doubled my money in just a couple months.

This recent spike kinda has me nervous. But from what I understand JP Morgan has been keeping the price artifically low for years and they are being investigated.

http://opinionator.blogs.nytimes.com...silver-lining/

The normal ratio silver to gold is historically 16 to 1 or something but now its still 35 to one or something.

Who knows what the real value of these metals is. As long as the keep printing dollars and inflating the currency, people will run to gold and silver to keep up with inflation.

I bought one ounce of gold the other day. I felt pretty dumb paying 1500 bucks for something that fits into the palm of your hand. But even that investment has payed off.

mayabong 04-30-2011 02:41 PM

Quote:

Originally Posted by mineistaken (Post 18093802)
everybody jums in gold bandwagon, bubble should burst soon.

I think the real bubble is the dollar which is falling like a brick.

directfiesta 04-30-2011 02:44 PM

Quote:

Originally Posted by Sagi (Post 18091991)
Gold never goes down. Just like real estate. :upsidedow

:1orglaugh:1orglaugh:1orglaugh so true..

but on topic, for people with US currency, it is a way of protection again the fall of the US$.

Sausage 04-30-2011 03:11 PM

If I was in the $US I would throw a chunk into gold .. the $US is freefalling. Gold is a good protector of wealth.

babymaker 04-30-2011 11:49 PM

Quote:

Originally Posted by BCyber (Post 18092633)
Dude, I have like $5.99 in paxum...wtf can I do with that?

:1orglaugh:1orglaugh:1orglaugh


:thumbsup

cam_girls 05-01-2011 12:04 AM

buy some $AU.

wait 3 days.

SELL

Better yet, any of you heard of the CamGirls industry??

nikki99 05-01-2011 07:05 AM

Quote:

Originally Posted by Lamis (Post 18091983)
Many webmasters have at least 100K in their USD savings account

:1orglaugh:1orglaugh:1orglaugh:1orglaugh

Scott McD 05-01-2011 07:10 AM

Quote:

Originally Posted by Lamis (Post 18091983)
Many webmasters have at least 100K in their USD savings account

I needed that laugh today... :thumbsup

Cash4Me 05-01-2011 07:27 AM

It's too late now. The value is close to max.

directfiesta 05-01-2011 08:33 AM

I doubt a lot of webmasters have an actual bank account ...

nikki99 05-01-2011 08:35 AM

I have net-pond points :), how can I invest?

J. Falcon 05-01-2011 10:18 AM

Quote:

Originally Posted by Lamis (Post 18091983)
Many webmasters have at least 100K in their USD savings account

Sure they do :thumbsup


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