Re:Ask HN: How does one actually buy gold
by yalurker on Thursday January 28, 2010 @07:19PM
(#1085458)
Historically, by the time inexperienced retail investors are hearing/thinking/talking about an investment, all the profit to be made is gone.
When everyone was flipping houses every 6 months, that signaled the end of the housing bubble. When everyone was buying dot com IPOs, that was the end of the internet bubble. By the time Glen Beck is telling every Fox News viewer to buy gold...
My point isn't to tell you what is, or isn't a good investment. Just pointing out that a little bit of knowledge can be a dangerous thing when investing.
When everyone was flipping houses every 6 months, that signaled the end of the housing bubble. When everyone was buying dot com IPOs, that was the end of the internet bubble. By the time Glen Beck is telling every Fox News viewer to buy gold...
My point isn't to tell you what is, or isn't a good investment. Just pointing out that a little bit of knowledge can be a dangerous thing when investing.