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intelinside

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  1. Like
    intelinside got a reaction from KDave in Platinum - who's buying?   
    I also think that it's so low and a good value play now
    The thing is the short term 6 month trend is so downward it will be hard to reverse especially if the economy takes a dive... It's an industrial so maybe it could break $650 @KDave If it does I'm a buyer.  I'm actually buying it now too and dollar cost averaging 5% of my PM portfolio into Platinum.
    I'm not touching Palladium at it's current prices.....
    But really nobody knows for sure...palladium might be the future for cars but really things might change with technology, the economy (or recession) etc... but good to hedge with it
  2. Like
    intelinside reacted to Golddigger69 in Platinum - who's buying?   
    I am with about 5K into platinum and now its about 30% minus. 
    I will buy myself 2 coins to lower my average cost and wait what will happen to palladium. 
    I am cursing myself that i didnt get more Pd earlier when it was low.😤
  3. Like
    intelinside reacted to KDave in Platinum - who's buying?   
    Platinum is looking cheap again in £, near the 2015 lows, now is your chance, anyone who missed out last time.  
    I checked the dollar price and it is even cheaper than the 2015 low, at first looked like a breakdown, but going back a bit with my untrained eye, it appears to be trying to retest 2008 lows around $770ish - that is arguably strong resistance level yes?
    If we break 2008 level then $650/$450 on the cards? If not a breakdown, then platinum needs to catch up with palladium over next few years to achieve historical normality, normally double at minimum. Palladium might fall to help us out a bit with that one though.
  4. Thanks
    intelinside reacted to Golddigger69 in Platinum - who's buying?   
    @intelinside 
    I would aim for 1 full oz with those 'exotic' metals
  5. Like
    intelinside reacted to JinKesef in Silver Deals.....   
    Thank you!
  6. Like
    intelinside reacted to Frost in Silver Deals.....   
    it's the cheapest price out of the other dealers, you can look there https://trustedpmdealers.com/compare-prices/100-oz-johnson-matthey-silver-bar-999
  7. Like
    intelinside reacted to vand in Gold & Silver vs Mortgage   
    BTW, if you want to be logically consistent, those who say you should wholly invest rather than overpay the mortgage because of higher (expected) returns should also say never buy a home, as that would tie up your capital in a sub-optimal asset that could be earning more elsewhere.
     
     
  8. Like
    intelinside reacted to vand in Gold & Silver vs Mortgage   
    @intelinside as you yourself say, it depends on your personal situation.
    That's why its called personal finance.
     
    I agree that mortgage debt is very cheap at the moment and you can probably get better returns elsewhere, but then again most paper assets are richly valued right now so even that is far from guaranteed, and it also presupposes that the most important thing to your is earning the best achievable return. Strange as it may sounds, that is not necessarily the case. A risk adjusted return is far more important. 
    Have you considered that having a fully paid off roof over your head provides you with the ability and cashflow to actually go out and aggressively buy stocks when the market is next in meltdown? Compare and contrast that to someone who took out a huge mortgage and then also put everything into the stock market hoping to just gain the long term return as a strategy for eventually paying down the mortgage. This is precisely the sort of "investor" who loses their bottle when the SHTF, dumps the stock portfolio and switches to worrying about his mortgage and makes the switch from investing to mortgage overpaying just at the wrong time. 
     
  9. Like
    intelinside reacted to 4Nines7Hills in Gold & Silver vs Mortgage   
    Two reasons
     
    1.  Mortgage debt is low now but Could you still pay your mortgage if interested rates go up to 7 , 10  or 15%
    2.  Even if you did want to invest rather than  pay off the mortgage Gold is not the best investment and should only be a part of your portfolio and a relatively small part at that. 
     
  10. Like
    intelinside reacted to Cornishfarmer in Gold & Silver vs Mortgage   
    What happening if proberty that was worth $1m now $2m goes to $0.5m.   Would it matter to you, probably not because company will go scat and the rest will have to absorb the debt.      If I can pay mortgage off at 3% quicker it’s better to me than spending the extra money of frivolous things then interest rates potentially exploding . Different outlooks neither right or wrong
  11. Like
    intelinside got a reaction from AuricGoldfinger in Gold & Silver vs Mortgage   
    I'm a real estate investor... if you have low interst do not pay off your loan 
     
    Use your money for other things.
     
    It also depends how much you are LTV loan to value and if this is your primary vs second investment house etc
    Usually I'd say if you are paying below 4.5% interest just leave it and pay it off amortized over as long a period as possible.
  12. Like
    intelinside got a reaction from KDave in Gold & Silver vs Mortgage   
    Why would you pay off good debt. If it’s under 4% don’t pay it off
    then use your money to invest in something making more than 4%   That’s what OP is asking. Basic Econ. opportunity cost of using money to pay off a mortgage vs using to buy another asset  
    yes it’s diff when it’s ur own house  but the real answer is it depends on tons  how much does he make  does he have other investments doing better return then what his APR is...sheesh common sense just make most logical decision  he would know best
     
    i have 2 million in debt. I also own 6.5 mill in real estate
    what maters is your LTV
    id your LTV is low you’re more than fine 
     
    problem is ignorance and not applying things differently to different sutuetions
    blanket statements like pay off all debt. Is what poor people and lower middle class think
      people see how they can use low debt 
    rhats what I did last 9 years. I used low interest rates to buy real estate. Millions in real estate
    as people were complaining about the FED printing money I just used 3-4% interest rates. Bought property at $1 mill that’s now worth 2mill  just learn  and use sound advice  do ur own research and execute  
    its simple math  but depends on your situ
    read a real estate book like Robert kiyosaki or gary Keller and see debt service and debt ratios
    i own dozens of apartments doing this. Wasn’t easy lost some here and there. Failed. Got back up etc but it’s easy when you do your fifth or sixth RE deal...
     
    thats why the true answer is that paying off debt depends
     
    one more thing is if you think hyperinflation will occur then definitely do not pay off your mortgage cuz interest will go through roof 10-20% int rates. Hypotheticall.  y that money you owe will be nothing. And it would be better to have used that money for something better another asset. Do your own opportunity cost analysis
  13. Thanks
    intelinside reacted to Guybrush in Gold & Silver vs Mortgage   
    It entirely depends on your exact situation. I am in a similar position to you but the amount on the mortgage is low.  I cannot throw all my spare income at the mortgage because it would go over the 10% allowed before I hit charges for overpaying.  Because of this I do both.
  14. Like
    intelinside got a reaction from KevinFlynn in Time to buy China   
    I'm part chinese american. 
    These people (mainland chinese) want to beat the west. They're highly competitive, have stolen from us for decades etc but they're also a lot of differnt types of chinese.  A large amount of them envy and are fond of American culture and productivity.  But their government squaishes individualism and is socialist/capitalist and they are controlling their people.
    Chinese they want to trade and grow prosper too but they definitely want to beat us.  I don't trust them myself.  We need to work with them yes, but these people are differnent.  They're commies and run by a collective state run government. We are about freedom and need to avoid going the chinese route (big brother 1984)
    It's part of their culture to be entrepreneurial...as is ours, but we have to remain capitalist and fight socialism to beat these people.  Our government doesn't know what it's doing (US British, western gov) and the chinese government is more controlling but is also commie
    Ther's a space wher we can work with china, but I think that the US needs to step up their game for sure.  We need to prepare like they are.  There's lots of blind consumerism type people in the west.  Chinese have high savings and low debt per person.  Their government is high debt though and likely bubbly.  
    We have to step up our game
  15. Like
    intelinside got a reaction from Sal in Time to buy China   
    I'm part chinese american. 
    These people (mainland chinese) want to beat the west. They're highly competitive, have stolen from us for decades etc but they're also a lot of differnt types of chinese.  A large amount of them envy and are fond of American culture and productivity.  But their government squaishes individualism and is socialist/capitalist and they are controlling their people.
    Chinese they want to trade and grow prosper too but they definitely want to beat us.  I don't trust them myself.  We need to work with them yes, but these people are differnent.  They're commies and run by a collective state run government. We are about freedom and need to avoid going the chinese route (big brother 1984)
    It's part of their culture to be entrepreneurial...as is ours, but we have to remain capitalist and fight socialism to beat these people.  Our government doesn't know what it's doing (US British, western gov) and the chinese government is more controlling but is also commie
    Ther's a space wher we can work with china, but I think that the US needs to step up their game for sure.  We need to prepare like they are.  There's lots of blind consumerism type people in the west.  Chinese have high savings and low debt per person.  Their government is high debt though and likely bubbly.  
    We have to step up our game
  16. Like
    intelinside reacted to KevinFlynn in Time to buy China   
    I would treat China (and India) as high risk investments, expecting high returns over five to ten years. I feel that like with silver it is a speculation waiting for a correction.
    But I would never make the mistake to make it my main investment.
     
    Turkey is a special case, as they bowed to a religious nutcase and let the unwashed masses decide. I think China will never make that mistake. They are exerting too much control and are breeding their system into the coming generation (social credits).
  17. Like
    intelinside reacted to Sal in Time to buy China   
    And what happens if Trump and the USA escalate the tariffs and/or no deal is worked out between the two. Personally I don't see China backing off on their technology transfer/stealing from other countries. Could go either way but if it goes wrong watch out below. Do you actually believe any of the #'s China puts out concerning their economy? Not me
  18. Like
    intelinside reacted to KevinFlynn in Time to buy China   
    All In is never a good strategy in my eyes (not unless it is your own house to live in and you amass your capital there).
    I am by no means an expert, I am trying to use the cost average effect and hope it works out.
    With the logic of a non expert: next to every fund has done bad recently. To me that looks like a general trend, not like the fault of the specific market or the fonds management. Whatever happens, China cannot help being a growth market. So the general tendency is there and if I want China I can buy, and it will most likely be relatively cheap at this moment. But it is at least a mid time investment, no riches to come quickly [/none expert out]
    Then there's opportunity cost - there are very good perfoming funds at the moment, those are however not tied to China...
    Like with gold, it is about what you want from the investment.
  19. Like
    intelinside reacted to vand in Time to buy China   
    Agree, all-in on anything is much less investing and more gambling. 
    I look for markets that could double or triple in the next 5-10 years. If you ask me is there a chance the FTSE or SP500 could double from these levels, I would say no chance at all, but China has a good chance.
    I did this buying the Nikkei when it was grinding below 10,000, and recently bagged the gains and moved the money into other cheap sectors. You couldn't find anyone even interested in discussing Japanese stocks back in 2010-2012 (remember Fukishima and all that stuff?). I only wish I have bought a lot more.
    Somewhere in the world there is always a market that is cheap, crushed by a bear market and ready to bounce back. 5-7 years ago that was Japan. Today it is commodities and Chinese stocks. Buy them with enthusiasm when no one else is interested. Don't worry where they'll be in 12 months time. Sit on them and wait for them to turnaround, and don't even think about selling them until the mainstream media says you should be buying them, because that only happens after the bulk of the gains have come and the past performance is then projected into the future.
  20. Like
    intelinside reacted to KevinFlynn in Time to buy China   
    135 funds, all of them were in the red last year but massively in plus the last three years. Now would be the time to buy...
     
  21. Like
    intelinside reacted to PansPurse in Time to buy China   
    I think most brokers will at least offer funds that target China or that part of the far east?
    This is just a fraction of the Chinese-exposed funds offered by Hargreaves Lansdown

  22. Like
    intelinside reacted to vand in Time to buy China   
    Chinese stock market has broken its long term downtrend after double bottom:

    Market is fundamentally very cheap: https://www.gurufocus.com/global-market-valuation.php?country=CHN 
    Time to buy this market aggressively.
  23. Like
    intelinside reacted to 1000ozs in JP Morgan & Silver   
    Hello everyone.  This article is 3yrs old... and refutes the commonly held notion of JP Morgan's silver hoard - not sure what to believe anymore.  Most of the follow-on comments are useless but Ali and Paul Sellon make interesting observations worth reading imho.  
    https://www.sprottmoney.com/Blog/jpmorgans-imaginary-silver-hoard-is-explained-jeff-nielson.html
    Oh and btw, I'm thinking of changing my handle to 1132ozs, ha!
    V/r, 1000ozs
  24. Thanks
    intelinside reacted to VonHaida in JP Morgan & Silver   
    THEORY: Prices falling so low that it will be soon uneconomic to continue mining production for many companies. What if this was always the part of the plan. Bring the mining corps. on the verge of bancruptcy, step in and take over the production also. 
    Rip my theory to shreds if you wish so ?
     
  25. Like
    intelinside reacted to Tn21 in JP Morgan & Silver   
    I knew a guy on a training course who worked for JP morgan previously not on the investment banking side but procurement. He told me the have loads of assests inc books,art, wines etc. He said there is a book which lists it all.