eastmn
Senior Member
Cash: $ 81.20
Posts: 393
Joined: 04 Apr 2010
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| Gold Bubble Popped? |
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(paste from elsewhere)
Gold is down almost $100 today
GLD is down 7.5% over the past two days
A recent Financial Times article mentioned gold was
down 40% in 2 days in 1981 and just looking at the
chart it was off 2/3 in 3 months.
No, you can't get out "in time."
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Wed Aug 24, 2011 8:57 pm |
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coaster
Senior Advisor
Cash: $ 1357.80
Posts: 6686
Joined: 11 Oct 2005
Location: Wisconsin
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If it goes down 40% from here (or a little more) I think that I might get interested again.
It's odd though .... the USDX did a whole lot of nothing today.
~Tim~
Eye Candy : Why Whimsy
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Wed Aug 24, 2011 9:16 pm |
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coaster
Senior Advisor
Cash: $ 1357.80
Posts: 6686
Joined: 11 Oct 2005
Location: Wisconsin
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Gadaffi is irrelevant; always has been. 
Gold started going up (and down) some time ago; it had been stagnant for a couple decades, so maybe it's still playing catch-up. Getting very close to bubble-status, though, IMO.
That CD sounds very interesting. I'm already planning on pulling some of my liquid money out of a money-market account. That might be one option for it. I'm going to take a look at what my credit union account has been yielding. I know it's been doing better than the MMF, but I don't think it'll beat that CD. Can't remember what the last dividend was right off the top, though.
I still think the best place to get yield is a dividend-paying stock. A blue-chip company like KMB is over four percent. I'm getting over eight percent on SCCO. (But that one varies a lot depending on their profits) Naturally, that option is only if you don't need the principal in the near future.
~Tim~
Eye Candy : Why Whimsy
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Thu Aug 25, 2011 6:14 am |
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Damon Day
New Member
Cash: $ 1.00
Posts: 5
Joined: 25 Aug 2011
Location: California
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I was born in 1977. Looking at this chart I am wishing that my grandparents would have bought gold for me instead of savings bonds 
Damon Day
Financial Consultant
SEO Enthusiast
http://DamonDay.com
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Thu Aug 25, 2011 10:26 am |
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eastmn
Senior Member
Cash: $ 81.20
Posts: 393
Joined: 04 Apr 2010
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PS:
Zero Risk 7% IRA here, but they're changing to floating rate next year.
Choice of Roth or Traditional. No fees or equities involved.
https://www.lacapfcu.org/accounts/iras/bonus_ira.html
Their Share (CDs) are 2.5% yield for 5 year CDs (super saver CDs).
Withdrawal penalty is 3 months interest.
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Fri Aug 26, 2011 5:33 pm |
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coaster
Senior Advisor
Cash: $ 1357.80
Posts: 6686
Joined: 11 Oct 2005
Location: Wisconsin
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I'm in the process of moving all my investment records (at least the ones on positions open end-of-year 2010) to a MySQL database, because they were in Windows Exel 2007 spreadsheets on my Windows XP box, I moved to iMac, and I don't like either of the Mac OS X spreadsheets (MS Office 2011/Exel and OpenOffice/OpenDoc -- the MS product is especially crappy) --- anyhow, that's just to explain why I'm going through and tallying all my dividend payments for about the last six years, and I gotta tell ya, it never fails to impress me what a pot of gold a dividend-paying blue-chip stock is. Who needs gold? Who needs bonds? You want income? Buy a blue-chip stock and forget it. The payout just keeps growing and growing and growing, and it just keeps paying year after year after year. THAT'S where the real gold mine is.
~Tim~
Eye Candy : Why Whimsy
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Sat Aug 27, 2011 5:19 am |
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eastmn
Senior Member
Cash: $ 81.20
Posts: 393
Joined: 04 Apr 2010
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Coaster,
Many many thanks for your feedback and tips. Weather you realize it or not, this site is a true goldmine for many (a blessing). I'm wondering, have you ever considered adding an investor tutorial to the left main menu, like this one? http://www.bogleheads.org/wiki/Getting_Started
What program are you using to work locally with mysql; or, are you working online? I've always used sitepoint's forums for help with any programming hangups (html-css-php-mysql). Mostly retirees who do it just to keep their minds sharp 
I ran across this tool yesterday, cool...
http://stockcharts.com/freecharts/perf.html?$SPX,XLF,XLK,XLI,XLB,XLE,XLP,XLV,XLU,XLY
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Sun Aug 28, 2011 5:23 pm |
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coaster
Senior Advisor
Cash: $ 1357.80
Posts: 6686
Joined: 11 Oct 2005
Location: Wisconsin
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Well, that would be up to admin, but my own opinion is there are other sites that do a much better job at tutoring than we could do here. This is an opinion site, and I hope everybody understands that.
MySQL - mostly I'm using phpMyAdmin. I also use Navicat Lite; it's a little easier to use. But to get the same functionality as phpMyAdmin I'd have to buy the full-feature premium version. After the databases are all set up, I'll write a series of php scripts to do what the VBA macros did in Exel.
~Tim~
Eye Candy : Why Whimsy
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Sun Aug 28, 2011 6:08 pm |
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eastmn
Senior Member
Cash: $ 81.20
Posts: 393
Joined: 04 Apr 2010
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Just crossed my mind that you might want to view your spreadsheets in google docs or yahoo docs. It does handle html/css, and it may handle php and dbase. I'm always kidding that when I'm dead (afterlife), that I'll be able to grab my data from the cloud
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Last edited by eastmn on Mon Aug 29, 2011 3:58 am; edited 1 time in total |
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Sun Aug 28, 2011 7:00 pm |
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coaster
Senior Advisor
Cash: $ 1357.80
Posts: 6686
Joined: 11 Oct 2005
Location: Wisconsin
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quote:
Originally posted by eastmn
I'm always kidding that when I'm dead, that I'll be able to grab my data from the cloud
That's a hoot
Well, it's more fun coding it from scratch.
~Tim~
Eye Candy : Why Whimsy
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Mon Aug 29, 2011 1:34 am |
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eastmn
Senior Member
Cash: $ 81.20
Posts: 393
Joined: 04 Apr 2010
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I've got a friend in Jersey, retired AT&T Programmer, if you get stuck
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Mon Aug 29, 2011 2:07 am |
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