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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (70820)12/12/2008 9:09:13 PM
From: Maurice Winn3 Recommendations   of 74559
 
TJ, in reply to the post you sent me via ElM's defended zone, regarding QCOM as savings vs gold and platinum, QCOM isn't for savings and time travel of value in cryogenic state to a time I or descendants might require the value. QCOM is investment and productive enterprise, inventing and developing the New World Order, which China is buying flat out and you love using too as do people around the world.

My saving programme ended last century.

The Five Financial Factors For Freedom [copyright/TM] of Virtuous Victorian Values [copyright/TM], namely; Learn, Work, Save, Invest, Spend,[copyright/TM] have been my bywords for decades. I've done the first 3, am working on the 4th, while making progress on the 5th.

Having been compulsive on the first 4 for several decades, I find the transition to the 5th difficult and tend to spend on high risk investments which might or might not turn out to be useful and profitable. I have succeeded in spending some money and can, I have found, spend a LOT like that. Far more than if I bought trinkets like Lexus SUV, boats, booze and holidays in hotels in exotic locations.

Thanks for the graphs on QCOM vs GLD. They look like entwined DNA rather than separate entities with one a clear winner.

Mqurice
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