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Originally Posted by jimmycooper
Paragraph #1 suggests that have a low risk profile and likely spend more time reading the news than tracking individual investments.
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Well, I think you might be saying that I'm more a macro rather than a micro guy. That's certainly not true, I do follow the news closely but I also do track individual investments and I do own equities.
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Paragraph #2 suggests that you're a contrarian and maybe a little bit paranoid.
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Not at all, I can't think of any highly successful investor that doesn't own exposure to PMs and I wouldn't call 10% contrarian or paranoid. I think over a long period building a 10% allocation to physical precious metals and even gold mining stocks is a highly smart move right now - it's an insurance policy against monetary debasement and negative outcomes.
If I look out to 2020, I expect gold and silver to outperform many other asset classes in US dollar terms. The Chinese state is buying up gold at unprecedented levels. Some of the most successful investors have taken big exposure this year including billionaires Ray Dalio, George Soros and Stan Druckenmiller. Gold now sitting at $1070/oz and silver at $14/oz.
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Paragraph #3 not only runs counter to Paragraph #1 in suggesting that you have a high risk profile.
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I beg to differ. I simply said that Bitcoins and Domain Names have performed well. I would suggest some of you might look into Domain Names. It's a very niche area of investment but it offers a highly favourable risk - reward right now:
https://gfy.com/fucking-around-and-pr...oom-2-0-a.html
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Paragraph #2 combined with Paragraph #3 suggests that you likely do not have the slightest clue as to what you're talking about.
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I basically am well diversified as all people should be. I'm not going to say I've been the most successful investor over the last year (in 2015) but I've done okay. If I take a longer view, I most certainly have been successful.
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I always enjoy hearing what they have to say so was initially a bit perplexed by your post because it suggested neither intelligence nor wealth but I'm pretty sure I've narrowed it down to two possible reasons
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I am wealthy class and for sure, I'm in the 1% (entirely self made).
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...are you bangladeshi or filpino?
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Nope and I think you're guess is based on the fact that Dubai has a high ratio of Bangleshi and Filipino who work there. Of course, there's no way for you to know whether your right on your assessment about my calls, except to revisit this thread in 2020 and then you'll have your answer.