When Foreign Companies who are building extremely complex products, machines, and various other rCLthings,rCY come into the United States with massive Investments, I want them to bring their people of expertise for
a period of time to teach and train our people how to make these very
unique and complex products, as they phase out of our Country, and back
into their land. If we didnrCOt do this, all of that massive Investment
will never come in the first place rCo Chips, Semiconductors, Computers, Ships, Trains, and so many other products that we have to learn from
others how to make, or, in many cases, relearn, because we used to be
great at it, but not anymore. For example, Shipbuilding, where we used
to build a Ship a day and now, we barely build a Ship a year. I donrCOt
want to frighten off or disincentivize Investment into America by
outside Countries or Companies. We welcome them, we welcome their
employees, and we are willing to proudly say we will learn from them,
and do even better than them at their own rCLgame,rCY sometime into the not too distant future!
https://truthsocial.com/@realDonaldTrump/posts/115204049358078594
Great marketing speech, Small Hands! "We'll give you the money, know-
how, and off to Quantamo we eff!"
On 16.9.2025 19.57, Pelle Svansl||s wrote:
When Foreign Companies who are building extremely complex products,
machines, and various other rCLthings,rCY come into the United States with >> massive Investments, I want them to bring their people of expertise
for a period of time to teach and train our people how to make these
very unique and complex products, as they phase out of our Country,
and back into their land. If we didnrCOt do this, all of that massive
Investment will never come in the first place rCo Chips, Semiconductors,
Computers, Ships, Trains, and so many other products that we have to
learn from others how to make, or, in many cases, relearn, because we
used to be great at it, but not anymore. For example, Shipbuilding,
where we used to build a Ship a day and now, we barely build a Ship a
year. I donrCOt want to frighten off or disincentivize Investment into
America by outside Countries or Companies. We welcome them, we welcome
their employees, and we are willing to proudly say we will learn from
them, and do even better than them at their own rCLgame,rCY sometime into >> the not too distant future!
https://truthsocial.com/@realDonaldTrump/posts/115204049358078594
Great marketing speech, Small Hands! "We'll give you the money, know-
how, and off to Quantamo we eff!"
And whattayouknow. Who do you think swallowed the bait? And then some.
The blue eyed Finnskies have agreed to build seven icebreakers in the US.
It's almost as if Trump knew who he was talking about!
This one's for JD: https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900
This one's for JD: https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900
TT kirjoitti 11.10.2025 klo 13.24:
This one's for JD:
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900
"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S
TARIFF
ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for
anything...
Gold - now *that* is a hedge.
TT kirjoitti 11.10.2025 klo 13.24:
This one's for JD:
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900
"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S
TARIFF
ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for
anything...
Gold - now *that* is a hedge.
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:
This one's for JD:
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900
"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S TARIFF
ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for anything...
Gold - now *that* is a hedge.
er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic-gold-nasa- see/20577/
jdeluise kirjoitti 11.10.2025 klo 23.44:
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic-gold-nasa-
This one's for JD:
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900
"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S
TARIFF
ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for
anything...
Gold - now *that* is a hedge.
see/20577/
Oh, no, the value is gone even before I invested in it. Damn. :)
Seriously, takes 6 years to fly there, and the window with Mars
propulsion opens every 2 years. Psyche isn't even coming back,
which
would be even more complicated.
So I guess we could all bathe in gold at earlies in about 20
years?
Of course we may need a couple decades more to master space
mining. Unless the chinese can do that already.
So yes, the current problem will be whether the gold price will
fall
after I buy it & to choose between gold britannia, buffalo or
maple
leaf. Or the cheaper option of gold bar.
Wisest would likely be to put money in gold etf but what's the
fun in that!
But by Jove the price is high currently. One oz (31g) gold coin
is
currently 4000 dollars, and little less euros. One coin.
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 11.10.2025 klo 23.44:
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic-gold-nasa- >>> see/20577/
This one's for JD:
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900
"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S TARIFF
ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for anything... >>>> Gold - now *that* is a hedge.
Oh, no, the value is gone even before I invested in it. Damn. :)
Seriously, takes 6 years to fly there, and the window with Mars
propulsion opens every 2 years. Psyche isn't even coming back, which
would be even more complicated.
So I guess we could all bathe in gold at earlies in about 20 years?
Of course we may need a couple decades more to master space
mining. Unless the chinese can do that already.
So yes, the current problem will be whether the gold price will fall
after I buy it & to choose between gold britannia, buffalo or maple
leaf. Or the cheaper option of gold bar.
Wisest would likely be to put money in gold etf but what's the fun in
that!
But by Jove the price is high currently. One oz (31g) gold coin is
currently 4000 dollars, and little less euros. One coin.
The point is, if the value of gold comes primarily from scarcity then
you're only a large discovery or two away from losing your shirt.-a That discovery may be out of reach for now, but surely there are massive gold deposits we haven't found on earth yet.
Practically speaking, gold is a pain at any kind of scale.-a Do you have
the space and security to store it effectively?-a How will you sell it
when needed?-a In some kind of societal collapse, it'd likely get taken
by looters and you'd be left with nothing for all your efforts...
I'm not arguing crypto solves it all, but it has its place. You're a perma-hater and that's OK.-a If you're happy sticking exclusively to
trading papers and spanish doubloons, more power to you :)
jdeluise kirjoitti 12.10.2025 klo 2.13:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 11.10.2025 klo 23.44:
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic-gold-
This one's for JD:"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S TARIFF
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900 >>>>>
ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for anything... >>>>> Gold - now *that* is a hedge.
nasa-
see/20577/
Oh, no, the value is gone even before I invested in it. Damn. :)
Seriously, takes 6 years to fly there, and the window with Mars
propulsion opens every 2 years. Psyche isn't even coming back, which
would be even more complicated.
So I guess we could all bathe in gold at earlies in about 20 years?
Of course we may need a couple decades more to master space
mining. Unless the chinese can do that already.
So yes, the current problem will be whether the gold price will fall
after I buy it & to choose between gold britannia, buffalo or maple
leaf. Or the cheaper option of gold bar.
Wisest would likely be to put money in gold etf but what's the fun in
that!
But by Jove the price is high currently. One oz (31g) gold coin is
currently 4000 dollars, and little less euros. One coin.
The point is, if the value of gold comes primarily from scarcity then
you're only a large discovery or two away from losing your shirt.
That discovery may be out of reach for now, but surely there are
massive gold deposits we haven't found on earth yet.
Not afraid of that. Not putting all my money on gold anyway.
Practically speaking, gold is a pain at any kind of scale.-a Do you
have the space and security to store it effectively?-a How will you
sell it when needed?-a In some kind of societal collapse, it'd likely
get taken by looters and you'd be left with nothing for all your
efforts...
Yes, storing it is PITA. Also, if going for physical gold at these
prices, you don't want to own fake gold which can be a risk as well.
Buffett is not a fan of gold, it's not a productive asset. Then again
it's not like he has to ever liquidate investments for his expenses. Different rules for these billionaire investors than normal people.
Point being; gold doesn't have much correlation with other asset
classes, perhaps good to have a bit for the day when you need money & everything else is crashing. Moving a small portion of bonds to gold.
It's kind of a peace of mind extra investment.
Or maybe I'm just trying to rationalize my gold fever fomo. Ecstasy of
Gold. Anyway, the practical problem with crypto is that it correlates
highly with Nasdaq, so it's not really a store of value for bad times.
I'm not arguing crypto solves it all, but it has its place. You're a
perma-hater and that's OK.-a If you're happy sticking exclusively to
trading papers and spanish doubloons, more power to you :)
I'm sure I've previously shared this wisdom from Munger... https://youtu.be/tGmhFx_7w4I?si=DRKUFY2oQPdp321o
But owning stocks aka parts of businesses is the way to go. Businesses
make pretty much everything in the world. So whatever happens, not all
are going to disappear, and if they do, money is the least of our problems.
On 10/11/25 6:01 PM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 11.10.2025 klo 23.44:
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic-gold- >>>>> nasa-
This one's for JD:"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S TARIFF >>>>>> ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900 >>>>>>
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for
anything...
Gold - now *that* is a hedge.
see/20577/
Oh, no, the value is gone even before I invested in it. Damn. :)
Seriously, takes 6 years to fly there, and the window with Mars
propulsion opens every 2 years. Psyche isn't even coming back, which
would be even more complicated.
So I guess we could all bathe in gold at earlies in about 20 years?
Of course we may need a couple decades more to master space
mining. Unless the chinese can do that already.
So yes, the current problem will be whether the gold price will fall
after I buy it & to choose between gold britannia, buffalo or maple
leaf. Or the cheaper option of gold bar.
Wisest would likely be to put money in gold etf but what's the fun
in that!
But by Jove the price is high currently. One oz (31g) gold coin is
currently 4000 dollars, and little less euros. One coin.
The point is, if the value of gold comes primarily from scarcity then
you're only a large discovery or two away from losing your shirt.
That discovery may be out of reach for now, but surely there are
massive gold deposits we haven't found on earth yet.
Not afraid of that. Not putting all my money on gold anyway.
Practically speaking, gold is a pain at any kind of scale.-a Do you
have the space and security to store it effectively?-a How will you
sell it when needed?-a In some kind of societal collapse, it'd likely
get taken by looters and you'd be left with nothing for all your
efforts...
Yes, storing it is PITA. Also, if going for physical gold at these
prices, you don't want to own fake gold which can be a risk as well.
Buffett is not a fan of gold, it's not a productive asset. Then again
it's not like he has to ever liquidate investments for his expenses.
Different rules for these billionaire investors than normal people.
Point being; gold doesn't have much correlation with other asset
classes, perhaps good to have a bit for the day when you need money &
everything else is crashing. Moving a small portion of bonds to gold.
It's kind of a peace of mind extra investment.
Or maybe I'm just trying to rationalize my gold fever fomo. Ecstasy of
Gold. Anyway, the practical problem with crypto is that it correlates
highly with Nasdaq, so it's not really a store of value for bad times.
I'm not arguing crypto solves it all, but it has its place. You're a
perma-hater and that's OK.-a If you're happy sticking exclusively to
trading papers and spanish doubloons, more power to you :)
I'm sure I've previously shared this wisdom from Munger...
https://youtu.be/tGmhFx_7w4I?si=DRKUFY2oQPdp321o
But owning stocks aka parts of businesses is the way to go. Businesses
make pretty much everything in the world. So whatever happens, not all
are going to disappear, and if they do, money is the least of our
problems.
In considering a substantial purchase of gold, I view it was a sort of
sunk cost for a type of insurance. If all goes reasonably well, you
would then *never* liquidate it. You'd pass it along to heirs intact,
with a lot of explanation before hand what the intent of the investment
is and what it's for, and hope that it takes.
Alternatively you could take the gold stash and make it the sole asset
of an irrevocable trust with explicit instruction on how it can be used.
If you have all other bases covered, and then some, maybe 5-10% net worth.
With any luck, you, and your heirs, will never liquidate any of it.
In some kind of societal collapse, it'd likely get taken by looters and you'd be left with nothing for all your efforts...
Sawfish kirjoitti 12.10.2025 klo 5.42:
On 10/11/25 6:01 PM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 11.10.2025 klo 23.44:
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic-
This one's for JD:"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S TARIFF >>>>>>> ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900 >>>>>>>
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for
anything...
Gold - now *that* is a hedge.
gold- nasa-
see/20577/
Oh, no, the value is gone even before I invested in it. Damn. :)
Seriously, takes 6 years to fly there, and the window with Mars
propulsion opens every 2 years. Psyche isn't even coming back, which >>>>> would be even more complicated.
So I guess we could all bathe in gold at earlies in about 20 years?
Of course we may need a couple decades more to master space
mining. Unless the chinese can do that already.
So yes, the current problem will be whether the gold price will fall >>>>> after I buy it & to choose between gold britannia, buffalo or maple
leaf. Or the cheaper option of gold bar.
Wisest would likely be to put money in gold etf but what's the fun
in that!
But by Jove the price is high currently. One oz (31g) gold coin is
currently 4000 dollars, and little less euros. One coin.
The point is, if the value of gold comes primarily from scarcity
then you're only a large discovery or two away from losing your
shirt. That discovery may be out of reach for now, but surely there
are massive gold deposits we haven't found on earth yet.
Not afraid of that. Not putting all my money on gold anyway.
Practically speaking, gold is a pain at any kind of scale.-a Do you
have the space and security to store it effectively?-a How will you
sell it when needed?-a In some kind of societal collapse, it'd likely >>>> get taken by looters and you'd be left with nothing for all your
efforts...
Yes, storing it is PITA. Also, if going for physical gold at these
prices, you don't want to own fake gold which can be a risk as well.
Buffett is not a fan of gold, it's not a productive asset. Then again
it's not like he has to ever liquidate investments for his expenses.
Different rules for these billionaire investors than normal people.
Point being; gold doesn't have much correlation with other asset
classes, perhaps good to have a bit for the day when you need money &
everything else is crashing. Moving a small portion of bonds to gold.
It's kind of a peace of mind extra investment.
Or maybe I'm just trying to rationalize my gold fever fomo. Ecstasy
of Gold. Anyway, the practical problem with crypto is that it
correlates highly with Nasdaq, so it's not really a store of value
for bad times.
I'm not arguing crypto solves it all, but it has its place. You're a
perma-hater and that's OK.-a If you're happy sticking exclusively to
trading papers and spanish doubloons, more power to you :)
I'm sure I've previously shared this wisdom from Munger...
https://youtu.be/tGmhFx_7w4I?si=DRKUFY2oQPdp321o
But owning stocks aka parts of businesses is the way to go.
Businesses make pretty much everything in the world. So whatever
happens, not all are going to disappear, and if they do, money is the
least of our problems.
In considering a substantial purchase of gold, I view it was a sort of
sunk cost for a type of insurance. If all goes reasonably well, you
would then *never* liquidate it. You'd pass it along to heirs intact,
with a lot of explanation before hand what the intent of the
investment is and what it's for, and hope that it takes.
Alternatively you could take the gold stash and make it the sole asset
of an irrevocable trust with explicit instruction on how it can be used.
If you have all other bases covered, and then some, maybe 5-10% net
worth.
With any luck, you, and your heirs, will never liquidate any of it.
Yes.
I may have also solved the location for storing it... https://youtu.be/6dMQPIK3PCU?t=49
:)
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters
and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters
and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
On 10/12/25 5:15 AM, TT wrote:
Sawfish kirjoitti 12.10.2025 klo 5.42:
On 10/11/25 6:01 PM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 11.10.2025 klo 23.44:
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic-
This one's for JD:
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?
format=jpg&name=900x900
"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S TARIFF >>>>>>>> ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for
anything...
Gold - now *that* is a hedge.
gold- nasa-
see/20577/
Oh, no, the value is gone even before I invested in it. Damn. :)
Seriously, takes 6 years to fly there, and the window with Mars
propulsion opens every 2 years. Psyche isn't even coming back, which >>>>>> would be even more complicated.
So I guess we could all bathe in gold at earlies in about 20 years? >>>>>> Of course we may need a couple decades more to master space
mining. Unless the chinese can do that already.
So yes, the current problem will be whether the gold price will fall >>>>>> after I buy it & to choose between gold britannia, buffalo or maple >>>>>> leaf. Or the cheaper option of gold bar.
Wisest would likely be to put money in gold etf but what's the fun >>>>>> in that!
But by Jove the price is high currently. One oz (31g) gold coin is >>>>>> currently 4000 dollars, and little less euros. One coin.
The point is, if the value of gold comes primarily from scarcity
then you're only a large discovery or two away from losing your
shirt. That discovery may be out of reach for now, but surely there >>>>> are massive gold deposits we haven't found on earth yet.
Not afraid of that. Not putting all my money on gold anyway.
Practically speaking, gold is a pain at any kind of scale.-a Do you >>>>> have the space and security to store it effectively?-a How will you >>>>> sell it when needed?-a In some kind of societal collapse, it'd
likely get taken by looters and you'd be left with nothing for all
your efforts...
Yes, storing it is PITA. Also, if going for physical gold at these
prices, you don't want to own fake gold which can be a risk as well.
Buffett is not a fan of gold, it's not a productive asset. Then
again it's not like he has to ever liquidate investments for his
expenses. Different rules for these billionaire investors than
normal people.
Point being; gold doesn't have much correlation with other asset
classes, perhaps good to have a bit for the day when you need money
& everything else is crashing. Moving a small portion of bonds to gold. >>>> It's kind of a peace of mind extra investment.
Or maybe I'm just trying to rationalize my gold fever fomo. Ecstasy
of Gold. Anyway, the practical problem with crypto is that it
correlates highly with Nasdaq, so it's not really a store of value
for bad times.
I'm not arguing crypto solves it all, but it has its place. You're
a perma-hater and that's OK.-a If you're happy sticking exclusively >>>>> to trading papers and spanish doubloons, more power to you :)
I'm sure I've previously shared this wisdom from Munger...
https://youtu.be/tGmhFx_7w4I?si=DRKUFY2oQPdp321o
But owning stocks aka parts of businesses is the way to go.
Businesses make pretty much everything in the world. So whatever
happens, not all are going to disappear, and if they do, money is
the least of our problems.
In considering a substantial purchase of gold, I view it was a sort
of sunk cost for a type of insurance. If all goes reasonably well,
you would then *never* liquidate it. You'd pass it along to heirs
intact, with a lot of explanation before hand what the intent of the
investment is and what it's for, and hope that it takes.
Alternatively you could take the gold stash and make it the sole
asset of an irrevocable trust with explicit instruction on how it can
be used.
If you have all other bases covered, and then some, maybe 5-10% net
worth.
With any luck, you, and your heirs, will never liquidate any of it.
Yes.
I may have also solved the location for storing it...
https://youtu.be/6dMQPIK3PCU?t=49
:)
That's one thing I really admire about Leone: he's never over-the-top.
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters
and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs crypto
in a dire emergency is that one needs to be *told* why/how bitcoin has
any value. You have to understand it; it is an *intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity, as anyone who has held a US Double Eagle in his/her (their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters
and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity,
as anyone who has held a US Double Eagle in his/her (their?) hand.
Nothing needs to be explained.
"Ecstasy of gold", indeed...
Yes. I bet Tuco wouldn't be running around in such ecstasy for a bitcoin hard drive.
Sawfish kirjoitti 12.10.2025 klo 19.19:
On 10/12/25 5:15 AM, TT wrote:
Sawfish kirjoitti 12.10.2025 klo 5.42:
On 10/11/25 6:01 PM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 11.10.2025 klo 23.44:
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic- >>>>>>>> gold- nasa-
This one's for JD:
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?
format=jpg&name=900x900
"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S >>>>>>>>> TARIFF
ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for
anything...
Gold - now *that* is a hedge.
see/20577/
Oh, no, the value is gone even before I invested in it. Damn. :) >>>>>>>
Seriously, takes 6 years to fly there, and the window with Mars
propulsion opens every 2 years. Psyche isn't even coming back, which >>>>>>> would be even more complicated.
So I guess we could all bathe in gold at earlies in about 20 years? >>>>>>> Of course we may need a couple decades more to master space
mining. Unless the chinese can do that already.
So yes, the current problem will be whether the gold price will fall >>>>>>> after I buy it & to choose between gold britannia, buffalo or maple >>>>>>> leaf. Or the cheaper option of gold bar.
Wisest would likely be to put money in gold etf but what's the
fun in that!
But by Jove the price is high currently. One oz (31g) gold coin is >>>>>>> currently 4000 dollars, and little less euros. One coin.
The point is, if the value of gold comes primarily from scarcity
then you're only a large discovery or two away from losing your
shirt. That discovery may be out of reach for now, but surely
there are massive gold deposits we haven't found on earth yet.
Not afraid of that. Not putting all my money on gold anyway.
Practically speaking, gold is a pain at any kind of scale.-a Do you >>>>>> have the space and security to store it effectively?-a How will you >>>>>> sell it when needed?-a In some kind of societal collapse, it'd
likely get taken by looters and you'd be left with nothing for all >>>>>> your efforts...
Yes, storing it is PITA. Also, if going for physical gold at these
prices, you don't want to own fake gold which can be a risk as well. >>>>>
Buffett is not a fan of gold, it's not a productive asset. Then
again it's not like he has to ever liquidate investments for his
expenses. Different rules for these billionaire investors than
normal people.
Point being; gold doesn't have much correlation with other asset
classes, perhaps good to have a bit for the day when you need money >>>>> & everything else is crashing. Moving a small portion of bonds to
gold.
It's kind of a peace of mind extra investment.
Or maybe I'm just trying to rationalize my gold fever fomo. Ecstasy >>>>> of Gold. Anyway, the practical problem with crypto is that it
correlates highly with Nasdaq, so it's not really a store of value
for bad times.
I'm not arguing crypto solves it all, but it has its place. You're >>>>>> a perma-hater and that's OK.-a If you're happy sticking exclusively >>>>>> to trading papers and spanish doubloons, more power to you :)
I'm sure I've previously shared this wisdom from Munger...
https://youtu.be/tGmhFx_7w4I?si=DRKUFY2oQPdp321o
But owning stocks aka parts of businesses is the way to go.
Businesses make pretty much everything in the world. So whatever
happens, not all are going to disappear, and if they do, money is
the least of our problems.
In considering a substantial purchase of gold, I view it was a sort
of sunk cost for a type of insurance. If all goes reasonably well,
you would then *never* liquidate it. You'd pass it along to heirs
intact, with a lot of explanation before hand what the intent of the
investment is and what it's for, and hope that it takes.
Alternatively you could take the gold stash and make it the sole
asset of an irrevocable trust with explicit instruction on how it
can be used.
If you have all other bases covered, and then some, maybe 5-10% net
worth.
With any luck, you, and your heirs, will never liquidate any of it.
Yes.
I may have also solved the location for storing it...
https://youtu.be/6dMQPIK3PCU?t=49
:)
That's one thing I really admire about Leone: he's never over-the-top.
Was watching that scene and thinking how none of modern CGI filled films come even close to that scene some odd 60 years ago. Music of course contributes bigly.
On 10/12/25 10:09 AM, TT wrote:> Sawfish kirjoitti 12.10.2025 klo 19.19:>=25 klo 23.44:>>>>>>>> TT <TT@dprk.kp> writes:>>>>>>>>>>>>>>>>> TT kirjoitti=
On 10/12/25 5:15 AM, TT wrote:>>> Sawfish kirjoitti 12.10.2025 klo 5.42:>=
On 10/11/25 6:01 PM, TT wrote:>>>>> jdeluise kirjoitti 12.10.2025 klo 2= .13:>>>>>> TT <TT@dprk.kp> writes:>>>>>>>>>>>>> jdeluise kirjoitti 11.10.20=
ractically speaking, gold is a pain at any kind of scale. Do you >>>>>> ha=Not afraid of that. Not putting all my money on gold anyway.>>>>>>>>>>> P=then you're only a large discovery or two away from losing your >>>= >>> shirt. That discovery may be out of reach for now, but surely >>>>>> th= ere are massive gold deposits we haven't found on earth yet.>>>>>>>>>>>>>>>=
other asset >>>>> classes, perhaps good to have a bit for the day when you=normal people.>>>>> Point being; gold doesn't have much correlation with=
r bad times.>>>>>>>>>>>>>>>>> I'm not arguing crypto solves it all, but it = has its place. You're >>>>>> a perma-hater and that's OK. If you're happy = sticking exclusively >>>>>> to trading papers and spanish doubloons, more p= ower to you :)>>>>>>>>>> I'm sure I've previously shared this wisdom from M= unger...>>>>> https://youtu.be/tGmhFx_7w4I?si=3DDRKUFY2oQPdp321o>>>>>>>>>> = But owning stocks aka parts of businesses is the way to go. >>>>> Businesse=of Gold. Anyway, the practical problem with crypto is that it >>>>> = correlates highly with Nasdaq, so it's not really a store of value >>>>> fo=
On 10/12/25 10:12 AM, TT wrote:
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters >>>>> and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity,
as anyone who has held a US Double Eagle in his/her (their?) hand.
Nothing needs to be explained.
"Ecstasy of gold", indeed...
Yes. I bet Tuco wouldn't be running around in such ecstasy for a
bitcoin hard drive.
It would really have to be filmed differently, that's for sure...
BTW, did you ever see the 2012 film "Killing Them Softly"? Extremely
poor title (the novel was "Cogan's Trade", but there is some great,
great macho stuff in it. Not showy stuff, gritty, rings true...
Moon landings too.
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken byThe looters won't come after your bitcoin?
looters
and you'd be left with nothing for all your efforts...
The thing about gold as an effective non-utilitarian commodity
vs
crypto in a dire emergency is that one needs to be *told*
why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual"
commodity,
as anyone who has held a US Double Eagle in his/her (their?)
hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Sawfish <sawfish666@gmail.com> writes:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by lootersThe looters won't come after your bitcoin?
and you'd be left with nothing for all your efforts...
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity,
as anyone who has held a US Double Eagle in his/her (their?)
hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
At a surface level I suppose.-a But you can't be sure it's genuine just
by looking/holding it either.-a At some point you're going to have to
trust yourself, or an expert.
Sawfish kirjoitti 12.10.2025 klo 20.45:
On 10/12/25 10:12 AM, TT wrote:
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by
looters and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in his/her
(their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Yes. I bet Tuco wouldn't be running around in such ecstasy for a
bitcoin hard drive.
It would really have to be filmed differently, that's for sure...
BTW, did you ever see the 2012 film "Killing Them Softly"? Extremely
poor title (the novel was "Cogan's Trade", but there is some great,
great macho stuff in it. Not showy stuff, gritty, rings true...
Not seen it. Might watch soon.
Probably a macho film, yes, as imdb lists 18 members of cast and there's only one woman included - and she portrays a black hooker! :)
Now we're talking.
jdeluise kirjoitti 12.10.2025 klo 23.30:
Sawfish <sawfish666@gmail.com> writes:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by lootersThe looters won't come after your bitcoin?
and you'd be left with nothing for all your efforts...
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity,
as anyone who has held a US Double Eagle in his/her (their?)
hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
At a surface level I suppose.-a But you can't be sure it's genuine just
by looking/holding it either.-a At some point you're going to have to
trust yourself, or an expert.
If you buy Britannia gold coin 2015-, it's pretty damn sure it's the
real one... I bet it's impossible to fake complicated security features
that coin has.
Maple Leaf also has couple security features probably exceeding forging ability / the effort.
Then with, say, American Buffalo & American Gold Eagle etc, they make
quite distinct sound on a ping test at home. Fold Eagle can ring like 30 seconds if you slap it gently with a wooden stick for example. A high quality fake coin would have tungsten inside and it hardly makes a sound
at all, just a dead thud.
If you can't hear it yourself there's apparently a mobile app which can
hear with high precision whether the coin is real.
...then there's magnet test etc for home use.
And of course most gold shops have x-ray machines etc which see what materials the coin / gold bar is made of.
jdeluise kirjoitti 12.10.2025 klo 23.30:
Sawfish <sawfish666@gmail.com> writes:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by lootersThe looters won't come after your bitcoin?
and you'd be left with nothing for all your efforts...
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity,
as anyone who has held a US Double Eagle in his/her (their?)
hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
At a surface level I suppose.-a But you can't be sure it's genuine just
by looking/holding it either.-a At some point you're going to have to
trust yourself, or an expert.
If you buy Britannia gold coin 2015-, it's pretty damn sure it's the
real one... I bet it's impossible to fake complicated security features
that coin has.
Maple Leaf also has couple security features probably exceeding forging ability / the effort.
Then with, say, American Buffalo & American Gold Eagle etc, they make
quite distinct sound on a ping test at home. Fold Eagle can ring like 30 seconds if you slap it gently with a wooden stick for example. A high quality fake coin would have tungsten inside and it hardly makes a sound
at all, just a dead thud.
If you can't hear it yourself there's apparently a mobile app which can
hear with high precision whether the coin is real.
...then there's magnet test etc for home use.
And of course most gold shops have x-ray machines etc which see what materials the coin / gold bar is made of.
TT kirjoitti 13.10.2025 klo 0.30:
jdeluise kirjoitti 12.10.2025 klo 23.30:
Sawfish <sawfish666@gmail.com> writes:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters >>>>>> and you'd be left with nothing for all your efforts...The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity,
as anyone who has held a US Double Eagle in his/her (their?)
hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
At a surface level I suppose.-a But you can't be sure it's genuine
just by looking/holding it either.-a At some point you're going to
have to trust yourself, or an expert.
If you buy Britannia gold coin 2015-, it's pretty damn sure it's the
real one... I bet it's impossible to fake complicated security
features that coin has.
Maple Leaf also has couple security features probably exceeding
forging ability / the effort.
Then with, say, American Buffalo & American Gold Eagle etc, they make
quite distinct sound on a ping test at home. Fold Eagle can ring like
30 seconds if you slap it gently with a wooden stick for example. A
high quality fake coin would have tungsten inside and it hardly makes
a sound at all, just a dead thud.
If you can't hear it yourself there's apparently a mobile app which
can hear with high precision whether the coin is real.
...then there's magnet test etc for home use.
And of course most gold shops have x-ray machines etc which see what
materials the coin / gold bar is made of.
Anyway, gold starts going up in Asia. Not sure if I wanna buy at these prices. Stocks may give better opportunities monday-
TT kirjoitti 12.10.2025 klo 21.32:
Sawfish kirjoitti 12.10.2025 klo 20.45:
On 10/12/25 10:12 AM, TT wrote:
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by
looters and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in his/her
(their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Yes. I bet Tuco wouldn't be running around in such ecstasy for a
bitcoin hard drive.
It would really have to be filmed differently, that's for sure...
BTW, did you ever see the 2012 film "Killing Them Softly"? Extremely
poor title (the novel was "Cogan's Trade", but there is some great,
great macho stuff in it. Not showy stuff, gritty, rings true...
Not seen it. Might watch soon.
Probably a macho film, yes, as imdb lists 18 members of cast and
there's only one woman included - and she portrays a black hooker! :)
Now we're talking.
Watched it. Not much connection to Leone really.
good actors and nicely flowing story... Something between Tarantino & Sopranos. Interesting contrast with this killing stuff & Obama's
election campaign speeches. 7/10. Thank you.
Indeed, the hooker had like a minute screen time. I think the only woman with lines. Yet they managed to make it a heart breaking love story. Not.
All with Gandolfini as Mickey were very good.
"It's my hobby...".-a :^)
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters
and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs crypto
in a dire emergency is that one needs to be *told* why/how bitcoin has
any value. You have to understand it; it is an *intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity, as anyone who has held a US Double Eagle in his/her (their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters
and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
The problem is that it's not a hedge against stock market crashes. So
hard to see any purpose & value other than speculation.
Not so with gold. It is to a very large degree a *sensual" commodity,
as anyone who has held a US Double Eagle in his/her (their?) hand.
Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here... https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian commodity
In some kind of societal collapse, it'd likely get taken by
looters and you'd be left with nothing for all your
efforts...
The looters won't come after your bitcoin?
vs
crypto in a dire emergency is that one needs to be *told*
why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
The problem is that it's not a hedge against stock market
crashes. So
hard to see any purpose & value other than speculation.
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in his/her
(their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here... https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian commodity vs
In some kind of societal collapse, it'd likely get taken by
looters and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
The problem is that it's not a hedge against stock market crashes. So
hard to see any purpose & value other than speculation.
I know one thing, since you first predicted its price would go to zero,
it actually doubled or tripled.
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in his/her
(their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy
Be careful about FOMOing into an ongoing bull run.-a That's usually a
newb move.
jdeluise kirjoitti 16.10.2025 klo 6.25:
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian commodity vs
In some kind of societal collapse, it'd likely get taken by
looters and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
The problem is that it's not a hedge against stock market crashes. So
hard to see any purpose & value other than speculation.
I know one thing, since you first predicted its price would go to
zero, it actually doubled or tripled.
Well, it can still go to zero... at least if Nasdaq AI crash happens,
the result will likely be very ugly.
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in his/her
(their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy
Be careful about FOMOing into an ongoing bull run.-a That's usually a
newb move.
I don't think it was a newb move really, I did put some thought into it.
The thing is also that I have "too much" money in bonds & cash.
Anyway, asked Grok about it and it gave rather a good answer imo,
touching about all relevant bullet points.
TT:
I bought gold at all time high few days ago, but only a small amount compared to my portfolio size. Yes, I had some fomo, but I view it as a starter position and plan to buy more if it pulls back (which may not
happen for some time still). Tell me counter arguments to this claim:
"Be careful about FOMOing into an ongoing bull run.-a That's usually a
newb move."
...also, do you think he has a point?
Grok:
Counterarguments to the Claim: "Be careful about FOMOing into an ongoing bull run. That's usually a newb move."
1. Strategic Entry with a Starter Position: Your approach of buying a
small amount as a starter position mitigates the risk of FOMO-driven overcommitment. By allocating only a small portion of your portfolio,
you're maintaining discipline and limiting exposure while still participating in the market. This is a calculated move, not a reckless
one driven by pure emotion.
2. Dollar-Cost Averaging Potential: Your plan to buy more if the price
pulls back aligns with a dollar-cost averaging strategy, which can
reduce the average cost per unit over time. This approach demonstrates foresight and patience, countering the idea that you're impulsively
chasing the market.
3. Long-Term Perspective: Gold is often viewed as a hedge against
inflation, currency devaluation, or economic uncertainty. If your
purchase aligns with a long-term investment thesis (e.g., concerns about fiat currency or geopolitical risks), buying at an all-time high may not
be as risky as it seems, especially if fundamentals support further upside.
4. Market Timing is Difficult: Waiting for a pullback carries its own
risks, as markets can continue to rise longer than expected. By
establishing a position now, you're ensuring exposure to potential gains while avoiding the regret of missing out entirely. This is particularly relevant if goldrCOs bull run is driven by strong macroeconomic factors (e.g., central bank buying, declining real yields).
5. FOMO vs. Conviction: Not all purchases during a bull run are driven
by FOMO. If your decision was based on research, such as goldrCOs
historical role as a safe-haven asset or current market dynamics (e.g., rising debt levels, monetary policy shifts), itrCOs less about chasing
hype and more about acting on conviction.
6. Portfolio Diversification: If gold represents a small portion of your portfolio, as you mentioned, it serves as a diversification tool rather
than a speculative bet. This reduces the risk of overexposure and aligns with prudent portfolio management, countering the "newb move" critique.
Does the Claim Have a Point?
Yes, the claim has some merit, but itrCOs not universally applicable. FOMO-driven investingrCobuying an asset solely because its price is rising rCocan lead to poor decisions, especially if it results in overpaying or neglecting risk management. Historically, buying at all-time highs
during euphoric market phases can lead to losses if a correction
follows, as seen in various asset bubbles (e.g., dot-com crash, crypto peaks). For gold specifically, its price can be volatile, and buying at
a peak without a clear exit or risk management strategy can be risky.
However, your situation differs from the typical "newb move." Your small position size and plan to buy more on a pullback suggest a disciplined approach rather than blind FOMO. The claim oversimplifies the nuance of
your strategy and assumes emotional impulsiveness, which doesnrCOt fully apply here. GoldrCOs bull run, as of October 2025, may still have legs if driven by macroeconomic factors like persistent inflation or
geopolitical tensions (though IrCOd need to check real-time data to
confirm current drivers). The key is whether your investment aligns with your risk tolerance and broader portfolio goals.
On 10/18/25 11:33 AM, TT wrote:
jdeluise kirjoitti 16.10.2025 klo 6.25:
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian commodity vs
In some kind of societal collapse, it'd likely get taken by
looters and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
The problem is that it's not a hedge against stock market crashes. So
hard to see any purpose & value other than speculation.
I know one thing, since you first predicted its price would go to
zero, it actually doubled or tripled.
Well, it can still go to zero... at least if Nasdaq AI crash happens,
the result will likely be very ugly.
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in his/her
(their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy
Be careful about FOMOing into an ongoing bull run.-a That's usually a
newb move.
I don't think it was a newb move really, I did put some thought into
it. The thing is also that I have "too much" money in bonds & cash.
Anyway, asked Grok about it and it gave rather a good answer imo,
touching about all relevant bullet points.
TT:
I bought gold at all time high few days ago, but only a small amount
compared to my portfolio size. Yes, I had some fomo, but I view it as
a starter position and plan to buy more if it pulls back (which may
not happen for some time still). Tell me counter arguments to this
claim: "Be careful about FOMOing into an ongoing bull run.-a That's
usually a newb move."
...also, do you think he has a point?
Grok:
Counterarguments to the Claim: "Be careful about FOMOing into an
ongoing bull run. That's usually a newb move."
1. Strategic Entry with a Starter Position: Your approach of buying a
small amount as a starter position mitigates the risk of FOMO-driven
overcommitment. By allocating only a small portion of your portfolio,
you're maintaining discipline and limiting exposure while still
participating in the market. This is a calculated move, not a reckless
one driven by pure emotion.
2. Dollar-Cost Averaging Potential: Your plan to buy more if the price
pulls back aligns with a dollar-cost averaging strategy, which can
reduce the average cost per unit over time. This approach demonstrates
foresight and patience, countering the idea that you're impulsively
chasing the market.
3. Long-Term Perspective: Gold is often viewed as a hedge against
inflation, currency devaluation, or economic uncertainty. If your
purchase aligns with a long-term investment thesis (e.g., concerns
about fiat currency or geopolitical risks), buying at an all-time high
may not be as risky as it seems, especially if fundamentals support
further upside.
4. Market Timing is Difficult: Waiting for a pullback carries its own
risks, as markets can continue to rise longer than expected. By
establishing a position now, you're ensuring exposure to potential
gains while avoiding the regret of missing out entirely. This is
particularly relevant if goldrCOs bull run is driven by strong
macroeconomic factors (e.g., central bank buying, declining real yields).
5. FOMO vs. Conviction: Not all purchases during a bull run are driven
by FOMO. If your decision was based on research, such as goldrCOs
historical role as a safe-haven asset or current market dynamics
(e.g., rising debt levels, monetary policy shifts), itrCOs less about
chasing hype and more about acting on conviction.
6. Portfolio Diversification: If gold represents a small portion of
your portfolio, as you mentioned, it serves as a diversification tool
rather than a speculative bet. This reduces the risk of overexposure
and aligns with prudent portfolio management, countering the "newb
move" critique.
Does the Claim Have a Point?
Yes, the claim has some merit, but itrCOs not universally applicable.
FOMO-driven investingrCobuying an asset solely because its price is
rising rCocan lead to poor decisions, especially if it results in
overpaying or neglecting risk management. Historically, buying at all-
time highs during euphoric market phases can lead to losses if a
correction follows, as seen in various asset bubbles (e.g., dot-com
crash, crypto peaks). For gold specifically, its price can be
volatile, and buying at a peak without a clear exit or risk management
strategy can be risky.
However, your situation differs from the typical "newb move." Your
small position size and plan to buy more on a pullback suggest a
disciplined approach rather than blind FOMO. The claim oversimplifies
the nuance of your strategy and assumes emotional impulsiveness, which
doesnrCOt fully apply here. GoldrCOs bull run, as of October 2025, may
still have legs if driven by macroeconomic factors like persistent
inflation or geopolitical tensions (though IrCOd need to check real-time
data to confirm current drivers). The key is whether your investment
aligns with your risk tolerance and broader portfolio goals.
TT, was Grok in "Jerk-Off Mode" when you asked it to comment?
You've got to be careful. I find that telling Grok to jerk me off a bit (setting Jerk-Off Mode) when answering my next question tends to persist from session to session--in effect, it becomes the default setting.
Jus' sayin'...
jdeluise kirjoitti 16.10.2025 klo 6.25:
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:I know one thing, since you first predicted its price would go
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian
In some kind of societal collapse, it'd likely get taken by
looters and you'd be left with nothing for all your
efforts...
The looters won't come after your bitcoin?
commodity vs
crypto in a dire emergency is that one needs to be *told*
why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
The problem is that it's not a hedge against stock market
crashes. So
hard to see any purpose & value other than speculation.
to
zero, it actually doubled or tripled.
Well, it can still go to zero... at least if Nasdaq AI crash
happens,
the result will likely be very ugly.
Be careful about FOMOing into an ongoing bull run.-a That's
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in
his/her
(their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy
usually a
newb move.
I don't think it was a newb move really, I did put some thought
into
it. The thing is also that I have "too much" money in bonds &
cash.
Anyway, asked Grok about it and it gave rather a good answer
imo,
touching about all relevant bullet points.
TT:
I bought gold at all time high few days ago, but only a small
amount
compared to my portfolio size. Yes, I had some fomo, but I view
it as
a starter position and plan to buy more if it pulls back (which
may
not happen for some time still). Tell me counter arguments to
this
claim: "Be careful about FOMOing into an ongoing bull run.
That's
usually a newb move."
...also, do you think he has a point?
Grok:
Counterarguments to the Claim: "Be careful about FOMOing into an
ongoing bull run. That's usually a newb move."
1. Strategic Entry with a Starter Position: Your approach of
buying a
small amount as a starter position mitigates the risk of
FOMO-driven
overcommitment. By allocating only a small portion of your
portfolio,
you're maintaining discipline and limiting exposure while still
participating in the market. This is a calculated move, not a
reckless
one driven by pure emotion.
2. Dollar-Cost Averaging Potential: Your plan to buy more if the
price
pulls back aligns with a dollar-cost averaging strategy, which
can
reduce the average cost per unit over time. This approach
demonstrates
foresight and patience, countering the idea that you're
impulsively
chasing the market.
3. Long-Term Perspective: Gold is often viewed as a hedge
against
inflation, currency devaluation, or economic uncertainty. If
your
purchase aligns with a long-term investment thesis (e.g.,
concerns
about fiat currency or geopolitical risks), buying at an
all-time high
may not be as risky as it seems, especially if fundamentals
support
further upside.
4. Market Timing is Difficult: Waiting for a pullback carries
its own
risks, as markets can continue to rise longer than expected. By
establishing a position now, you're ensuring exposure to
potential
gains while avoiding the regret of missing out entirely. This is
particularly relevant if goldrCOs bull run is driven by strong
macroeconomic factors (e.g., central bank buying, declining real
yields).
5. FOMO vs. Conviction: Not all purchases during a bull run are
driven
by FOMO. If your decision was based on research, such as goldrCOs
historical role as a safe-haven asset or current market dynamics
(e.g., rising debt levels, monetary policy shifts), itrCOs less
about
chasing hype and more about acting on conviction.
6. Portfolio Diversification: If gold represents a small portion
of
your portfolio, as you mentioned, it serves as a diversification
tool
rather than a speculative bet. This reduces the risk of
overexposure
and aligns with prudent portfolio management, countering the
"newb
move" critique.
Does the Claim Have a Point?
Yes, the claim has some merit, but itrCOs not universally
applicable. FOMO-driven investingrCobuying an asset solely because
its
price is risingrCocan lead to poor decisions, especially if it
results
in overpaying or neglecting risk management. Historically,
buying at
all-time highs during euphoric market phases can lead to losses
if a
correction follows, as seen in various asset bubbles (e.g.,
dot-com
crash, crypto peaks). For gold specifically, its price can be
volatile, and buying at a peak without a clear exit or risk
management
strategy can be risky.
However, your situation differs from the typical "newb move."
Your
small position size and plan to buy more on a pullback suggest a
disciplined approach rather than blind FOMO. The claim
oversimplifies
the nuance of your strategy and assumes emotional impulsiveness,
which
doesnrCOt fully apply here. GoldrCOs bull run, as of October 2025,
may
still have legs if driven by macroeconomic factors like
persistent
inflation or geopolitical tensions (though IrCOd need to check
real-time
data to confirm current drivers). The key is whether your
investment
aligns with your risk tolerance and broader portfolio goals.
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 16.10.2025 klo 6.25:
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:I know one thing, since you first predicted its price would go to
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian commodity vs
In some kind of societal collapse, it'd likely get taken by
looters and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
The problem is that it's not a hedge against stock market crashes. So
hard to see any purpose & value other than speculation.
zero, it actually doubled or tripled.
Well, it can still go to zero... at least if Nasdaq AI crash happens,
the result will likely be very ugly.
Be careful about FOMOing into an ongoing bull run.-a That's usually a
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in his/her
(their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy
newb move.
I don't think it was a newb move really, I did put some thought into
it. The thing is also that I have "too much" money in bonds & cash.
Anyway, asked Grok about it and it gave rather a good answer imo,
touching about all relevant bullet points.
TT:
I bought gold at all time high few days ago, but only a small amount
compared to my portfolio size. Yes, I had some fomo, but I view it as
a starter position and plan to buy more if it pulls back (which may
not happen for some time still). Tell me counter arguments to this
claim: "Be careful about FOMOing into an ongoing bull run. That's
usually a newb move."
...also, do you think he has a point?
Grok:
Counterarguments to the Claim: "Be careful about FOMOing into an
ongoing bull run. That's usually a newb move."
1. Strategic Entry with a Starter Position: Your approach of buying a
small amount as a starter position mitigates the risk of FOMO-driven
overcommitment. By allocating only a small portion of your portfolio,
you're maintaining discipline and limiting exposure while still
participating in the market. This is a calculated move, not a reckless
one driven by pure emotion.
2. Dollar-Cost Averaging Potential: Your plan to buy more if the price
pulls back aligns with a dollar-cost averaging strategy, which can
reduce the average cost per unit over time. This approach demonstrates
foresight and patience, countering the idea that you're impulsively
chasing the market.
3. Long-Term Perspective: Gold is often viewed as a hedge against
inflation, currency devaluation, or economic uncertainty. If your
purchase aligns with a long-term investment thesis (e.g., concerns
about fiat currency or geopolitical risks), buying at an all-time high
may not be as risky as it seems, especially if fundamentals support
further upside.
4. Market Timing is Difficult: Waiting for a pullback carries its own
risks, as markets can continue to rise longer than expected. By
establishing a position now, you're ensuring exposure to potential
gains while avoiding the regret of missing out entirely. This is
particularly relevant if goldrCOs bull run is driven by strong
macroeconomic factors (e.g., central bank buying, declining real
yields).
5. FOMO vs. Conviction: Not all purchases during a bull run are driven
by FOMO. If your decision was based on research, such as goldrCOs
historical role as a safe-haven asset or current market dynamics
(e.g., rising debt levels, monetary policy shifts), itrCOs less about
chasing hype and more about acting on conviction.
6. Portfolio Diversification: If gold represents a small portion of
your portfolio, as you mentioned, it serves as a diversification tool
rather than a speculative bet. This reduces the risk of overexposure
and aligns with prudent portfolio management, countering the "newb
move" critique.
Does the Claim Have a Point?
Yes, the claim has some merit, but itrCOs not universally
applicable. FOMO-driven investingrCobuying an asset solely because its
price is risingrCocan lead to poor decisions, especially if it results
in overpaying or neglecting risk management. Historically, buying at
all-time highs during euphoric market phases can lead to losses if a
correction follows, as seen in various asset bubbles (e.g., dot-com
crash, crypto peaks). For gold specifically, its price can be
volatile, and buying at a peak without a clear exit or risk management
strategy can be risky.
However, your situation differs from the typical "newb move." Your
small position size and plan to buy more on a pullback suggest a
disciplined approach rather than blind FOMO. The claim oversimplifies
the nuance of your strategy and assumes emotional impulsiveness, which
doesnrCOt fully apply here. GoldrCOs bull run, as of October 2025, may
still have legs if driven by macroeconomic factors like persistent
inflation or geopolitical tensions (though IrCOd need to check real-time
data to confirm current drivers). The key is whether your investment
aligns with your risk tolerance and broader portfolio goals.
Well, you provided a lot more context to the chatbot than you did to
us.-a I actually agree with the idea of DCAing from a high start position/small amount.-a But if you do, you have to be prepared to commit
to buying at higher quantities if the price drops, to bring down the
entry price.-a Otherwise you could stay underwater for a long time. Probably gold won't crash, but in that case such a small amount isn't
going to do you much good in the future either. If it was a super long-
term (generational) investment like Sawfish is talking about, that's different as well.
jdeluise kirjoitti 19.10.2025 klo 2.17:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 16.10.2025 klo 6.25:
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:I know one thing, since you first predicted its price would go to
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian commodity vs
In some kind of societal collapse, it'd likely get taken by
looters and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
The problem is that it's not a hedge against stock market crashes. So >>>>> hard to see any purpose & value other than speculation.
zero, it actually doubled or tripled.
Well, it can still go to zero... at least if Nasdaq AI crash happens,
the result will likely be very ugly.
Be careful about FOMOing into an ongoing bull run.-a That's usually a
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in his/her
(their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy
newb move.
I don't think it was a newb move really, I did put some thought into
it. The thing is also that I have "too much" money in bonds & cash.
Anyway, asked Grok about it and it gave rather a good answer imo,
touching about all relevant bullet points.
TT:
I bought gold at all time high few days ago, but only a small amount
compared to my portfolio size. Yes, I had some fomo, but I view it as
a starter position and plan to buy more if it pulls back (which may
not happen for some time still). Tell me counter arguments to this
claim: "Be careful about FOMOing into an ongoing bull run. That's
usually a newb move."
...also, do you think he has a point?
Grok:
Counterarguments to the Claim: "Be careful about FOMOing into an
ongoing bull run. That's usually a newb move."
1. Strategic Entry with a Starter Position: Your approach of buying a
small amount as a starter position mitigates the risk of FOMO-driven
overcommitment. By allocating only a small portion of your portfolio,
you're maintaining discipline and limiting exposure while still
participating in the market. This is a calculated move, not a reckless
one driven by pure emotion.
2. Dollar-Cost Averaging Potential: Your plan to buy more if the price
pulls back aligns with a dollar-cost averaging strategy, which can
reduce the average cost per unit over time. This approach demonstrates
foresight and patience, countering the idea that you're impulsively
chasing the market.
3. Long-Term Perspective: Gold is often viewed as a hedge against
inflation, currency devaluation, or economic uncertainty. If your
purchase aligns with a long-term investment thesis (e.g., concerns
about fiat currency or geopolitical risks), buying at an all-time high
may not be as risky as it seems, especially if fundamentals support
further upside.
4. Market Timing is Difficult: Waiting for a pullback carries its own
risks, as markets can continue to rise longer than expected. By
establishing a position now, you're ensuring exposure to potential
gains while avoiding the regret of missing out entirely. This is
particularly relevant if goldrCOs bull run is driven by strong
macroeconomic factors (e.g., central bank buying, declining real
yields).
5. FOMO vs. Conviction: Not all purchases during a bull run are driven
by FOMO. If your decision was based on research, such as goldrCOs
historical role as a safe-haven asset or current market dynamics
(e.g., rising debt levels, monetary policy shifts), itrCOs less about
chasing hype and more about acting on conviction.
6. Portfolio Diversification: If gold represents a small portion of
your portfolio, as you mentioned, it serves as a diversification tool
rather than a speculative bet. This reduces the risk of overexposure
and aligns with prudent portfolio management, countering the "newb
move" critique.
Does the Claim Have a Point?
Yes, the claim has some merit, but itrCOs not universally
applicable. FOMO-driven investingrCobuying an asset solely because its
price is risingrCocan lead to poor decisions, especially if it results
in overpaying or neglecting risk management. Historically, buying at
all-time highs during euphoric market phases can lead to losses if a
correction follows, as seen in various asset bubbles (e.g., dot-com
crash, crypto peaks). For gold specifically, its price can be
volatile, and buying at a peak without a clear exit or risk management
strategy can be risky.
However, your situation differs from the typical "newb move." Your
small position size and plan to buy more on a pullback suggest a
disciplined approach rather than blind FOMO. The claim oversimplifies
the nuance of your strategy and assumes emotional impulsiveness, which
doesnrCOt fully apply here. GoldrCOs bull run, as of October 2025, may
still have legs if driven by macroeconomic factors like persistent
inflation or geopolitical tensions (though IrCOd need to check real-time >>> data to confirm current drivers). The key is whether your investment
aligns with your risk tolerance and broader portfolio goals.
Well, you provided a lot more context to the chatbot than you did to
us.-a I actually agree with the idea of DCAing from a high start
position/small amount.-a But if you do, you have to be prepared to
commit to buying at higher quantities if the price drops, to bring
down the entry price.-a Otherwise you could stay underwater for a long
time. Probably gold won't crash, but in that case such a small amount
isn't going to do you much good in the future either. If it was a
super long- term (generational) investment like Sawfish is talking
about, that's different as well.
Yes, the amount is too small at this point to have much of an impact portfolio-wise... then again, little droplets make a river. Yes, I'm prepared to invest more at it... whether the price declines enough (the problem being what is enough /just DCA gradually regardless of price movements / moving money from winners when they become even more risky
than gold (expensive) etc.
Anyways, it's my most beautiful investment, that's for sure. Apart from
the bridge I bought.
On 10/19/25 12:38 AM, TT wrote:
jdeluise kirjoitti 19.10.2025 klo 2.17:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 16.10.2025 klo 6.25:
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:I know one thing, since you first predicted its price would go to
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian commodity vs >>>>>>> crypto in a dire emergency is that one needs to be *told* why/how >>>>>>> bitcoin has any value. You have to understand it; it is an
In some kind of societal collapse, it'd likely get taken byThe looters won't come after your bitcoin?
looters and you'd be left with nothing for all your efforts... >>>>>>>>
*intellectual* commodity.
The problem is that it's not a hedge against stock market crashes. So >>>>>> hard to see any purpose & value other than speculation.
zero, it actually doubled or tripled.
Well, it can still go to zero... at least if Nasdaq AI crash happens,
the result will likely be very ugly.
Be careful about FOMOing into an ongoing bull run.-a That's usually a >>>>> newb move.
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in his/her
(their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy
I don't think it was a newb move really, I did put some thought into
it. The thing is also that I have "too much" money in bonds & cash.
Anyway, asked Grok about it and it gave rather a good answer imo,
touching about all relevant bullet points.
TT:
I bought gold at all time high few days ago, but only a small amount
compared to my portfolio size. Yes, I had some fomo, but I view it as
a starter position and plan to buy more if it pulls back (which may
not happen for some time still). Tell me counter arguments to this
claim: "Be careful about FOMOing into an ongoing bull run. That's
usually a newb move."
...also, do you think he has a point?
Grok:
Counterarguments to the Claim: "Be careful about FOMOing into an
ongoing bull run. That's usually a newb move."
1. Strategic Entry with a Starter Position: Your approach of buying a
small amount as a starter position mitigates the risk of FOMO-driven
overcommitment. By allocating only a small portion of your portfolio,
you're maintaining discipline and limiting exposure while still
participating in the market. This is a calculated move, not a reckless >>>> one driven by pure emotion.
2. Dollar-Cost Averaging Potential: Your plan to buy more if the price >>>> pulls back aligns with a dollar-cost averaging strategy, which can
reduce the average cost per unit over time. This approach demonstrates >>>> foresight and patience, countering the idea that you're impulsively
chasing the market.
3. Long-Term Perspective: Gold is often viewed as a hedge against
inflation, currency devaluation, or economic uncertainty. If your
purchase aligns with a long-term investment thesis (e.g., concerns
about fiat currency or geopolitical risks), buying at an all-time high >>>> may not be as risky as it seems, especially if fundamentals support
further upside.
4. Market Timing is Difficult: Waiting for a pullback carries its own
risks, as markets can continue to rise longer than expected. By
establishing a position now, you're ensuring exposure to potential
gains while avoiding the regret of missing out entirely. This is
particularly relevant if goldrCOs bull run is driven by strong
macroeconomic factors (e.g., central bank buying, declining real
yields).
5. FOMO vs. Conviction: Not all purchases during a bull run are driven >>>> by FOMO. If your decision was based on research, such as goldrCOs
historical role as a safe-haven asset or current market dynamics
(e.g., rising debt levels, monetary policy shifts), itrCOs less about
chasing hype and more about acting on conviction.
6. Portfolio Diversification: If gold represents a small portion of
your portfolio, as you mentioned, it serves as a diversification tool
rather than a speculative bet. This reduces the risk of overexposure
and aligns with prudent portfolio management, countering the "newb
move" critique.
Does the Claim Have a Point?
Yes, the claim has some merit, but itrCOs not universally
applicable. FOMO-driven investingrCobuying an asset solely because its >>>> price is risingrCocan lead to poor decisions, especially if it results >>>> in overpaying or neglecting risk management. Historically, buying at
all-time highs during euphoric market phases can lead to losses if a
correction follows, as seen in various asset bubbles (e.g., dot-com
crash, crypto peaks). For gold specifically, its price can be
volatile, and buying at a peak without a clear exit or risk management >>>> strategy can be risky.
However, your situation differs from the typical "newb move." Your
small position size and plan to buy more on a pullback suggest a
disciplined approach rather than blind FOMO. The claim oversimplifies
the nuance of your strategy and assumes emotional impulsiveness, which >>>> doesnrCOt fully apply here. GoldrCOs bull run, as of October 2025, may >>>> still have legs if driven by macroeconomic factors like persistent
inflation or geopolitical tensions (though IrCOd need to check real-time >>>> data to confirm current drivers). The key is whether your investment
aligns with your risk tolerance and broader portfolio goals.
Well, you provided a lot more context to the chatbot than you did to
us.-a I actually agree with the idea of DCAing from a high start
position/small amount.-a But if you do, you have to be prepared to
commit to buying at higher quantities if the price drops, to bring
down the entry price.-a Otherwise you could stay underwater for a long
time. Probably gold won't crash, but in that case such a small amount
isn't going to do you much good in the future either. If it was a
super long- term (generational) investment like Sawfish is talking
about, that's different as well.
Yes, the amount is too small at this point to have much of an impact
portfolio-wise... then again, little droplets make a river. Yes, I'm
prepared to invest more at it... whether the price declines enough
(the problem being what is enough /just DCA gradually regardless of
price movements / moving money from winners when they become even more
risky than gold (expensive) etc.
Anyways, it's my most beautiful investment, that's for sure. Apart
from the bridge I bought.
A general open question for market investors--by this I mean-a markets
for investment instruments and commodities.
To me it looks like these markets are loaded with variables, many of
which are quite abstruse, with some entirely new perturbations popping
up unexpectedly.
Most of this is not subject to your control (or anyone's, often) and
they happen very fast, and often covertly.
This is a very hard financial environment to feel any comfort in. Would
you invest in personally owned real estate if the opportunity arose?
Naturally, you'd diversify between hard RE and market investments. Right
now I'm probably at about 60-70% hard RE, the remainder in managed accounts--some retirement, some after-tax brokerage portfolios. These
scare me in a general sense. It does not look to me like I have the
level of insight and potential control that it takes me to feel
relatively calm.
If each type of investment was a dance, market investments would be a hyper-frenetic Charleston, with hard RE is a very slow and stately minuet.
Sawfish kirjoitti 19.10.2025 klo 20.23:
On 10/19/25 12:38 AM, TT wrote:
jdeluise kirjoitti 19.10.2025 klo 2.17:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 16.10.2025 klo 6.25:
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:I know one thing, since you first predicted its price would go to
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian commodity vs >>>>>>>> crypto in a dire emergency is that one needs to be *told* why/how >>>>>>>> bitcoin has any value. You have to understand it; it is an
In some kind of societal collapse, it'd likely get taken by >>>>>>>>>> looters and you'd be left with nothing for all your efforts... >>>>>>>>>The looters won't come after your bitcoin?
*intellectual* commodity.
The problem is that it's not a hedge against stock market
crashes. So
hard to see any purpose & value other than speculation.
zero, it actually doubled or tripled.
Well, it can still go to zero... at least if Nasdaq AI crash happens, >>>>> the result will likely be very ugly.
Be careful about FOMOing into an ongoing bull run.-a That's usually a >>>>>> newb move.
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in his/her >>>>>>>> (their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy
I don't think it was a newb move really, I did put some thought into >>>>> it. The thing is also that I have "too much" money in bonds & cash.
Anyway, asked Grok about it and it gave rather a good answer imo,
touching about all relevant bullet points.
TT:
I bought gold at all time high few days ago, but only a small amount >>>>> compared to my portfolio size. Yes, I had some fomo, but I view it as >>>>> a starter position and plan to buy more if it pulls back (which may
not happen for some time still). Tell me counter arguments to this
claim: "Be careful about FOMOing into an ongoing bull run. That's
usually a newb move."
...also, do you think he has a point?
Grok:
Counterarguments to the Claim: "Be careful about FOMOing into an
ongoing bull run. That's usually a newb move."
1. Strategic Entry with a Starter Position: Your approach of buying a >>>>> small amount as a starter position mitigates the risk of FOMO-driven >>>>> overcommitment. By allocating only a small portion of your portfolio, >>>>> you're maintaining discipline and limiting exposure while still
participating in the market. This is a calculated move, not a reckless >>>>> one driven by pure emotion.
2. Dollar-Cost Averaging Potential: Your plan to buy more if the price >>>>> pulls back aligns with a dollar-cost averaging strategy, which can
reduce the average cost per unit over time. This approach demonstrates >>>>> foresight and patience, countering the idea that you're impulsively
chasing the market.
3. Long-Term Perspective: Gold is often viewed as a hedge against
inflation, currency devaluation, or economic uncertainty. If your
purchase aligns with a long-term investment thesis (e.g., concerns
about fiat currency or geopolitical risks), buying at an all-time high >>>>> may not be as risky as it seems, especially if fundamentals support
further upside.
4. Market Timing is Difficult: Waiting for a pullback carries its own >>>>> risks, as markets can continue to rise longer than expected. By
establishing a position now, you're ensuring exposure to potential
gains while avoiding the regret of missing out entirely. This is
particularly relevant if goldrCOs bull run is driven by strong
macroeconomic factors (e.g., central bank buying, declining real
yields).
5. FOMO vs. Conviction: Not all purchases during a bull run are driven >>>>> by FOMO. If your decision was based on research, such as goldrCOs
historical role as a safe-haven asset or current market dynamics
(e.g., rising debt levels, monetary policy shifts), itrCOs less about >>>>> chasing hype and more about acting on conviction.
6. Portfolio Diversification: If gold represents a small portion of
your portfolio, as you mentioned, it serves as a diversification tool >>>>> rather than a speculative bet. This reduces the risk of overexposure >>>>> and aligns with prudent portfolio management, countering the "newb
move" critique.
Does the Claim Have a Point?
Yes, the claim has some merit, but itrCOs not universally
applicable. FOMO-driven investingrCobuying an asset solely because its >>>>> price is risingrCocan lead to poor decisions, especially if it results >>>>> in overpaying or neglecting risk management. Historically, buying at >>>>> all-time highs during euphoric market phases can lead to losses if a >>>>> correction follows, as seen in various asset bubbles (e.g., dot-com
crash, crypto peaks). For gold specifically, its price can be
volatile, and buying at a peak without a clear exit or risk management >>>>> strategy can be risky.
However, your situation differs from the typical "newb move." Your
small position size and plan to buy more on a pullback suggest a
disciplined approach rather than blind FOMO. The claim oversimplifies >>>>> the nuance of your strategy and assumes emotional impulsiveness, which >>>>> doesnrCOt fully apply here. GoldrCOs bull run, as of October 2025, may >>>>> still have legs if driven by macroeconomic factors like persistent
inflation or geopolitical tensions (though IrCOd need to check real-time >>>>> data to confirm current drivers). The key is whether your investment >>>>> aligns with your risk tolerance and broader portfolio goals.
Well, you provided a lot more context to the chatbot than you did to
us.-a I actually agree with the idea of DCAing from a high start
position/small amount.-a But if you do, you have to be prepared to
commit to buying at higher quantities if the price drops, to bring
down the entry price.-a Otherwise you could stay underwater for a
long time. Probably gold won't crash, but in that case such a small
amount isn't going to do you much good in the future either. If it
was a super long- term (generational) investment like Sawfish is
talking about, that's different as well.
Yes, the amount is too small at this point to have much of an impact
portfolio-wise... then again, little droplets make a river. Yes, I'm
prepared to invest more at it... whether the price declines enough
(the problem being what is enough /just DCA gradually regardless of
price movements / moving money from winners when they become even
more risky than gold (expensive) etc.
Anyways, it's my most beautiful investment, that's for sure. Apart
from the bridge I bought.
A general open question for market investors--by this I mean-a markets
for investment instruments and commodities.
To me it looks like these markets are loaded with variables, many of
which are quite abstruse, with some entirely new perturbations popping
up unexpectedly.
Most of this is not subject to your control (or anyone's, often) and
they happen very fast, and often covertly.
This is a very hard financial environment to feel any comfort in.
Would you invest in personally owned real estate if the opportunity
arose?
Isn't real estate in US extremely expensive currently?
Naturally, you'd diversify between hard RE and market investments.
Right now I'm probably at about 60-70% hard RE, the remainder in
managed accounts--some retirement, some after-tax brokerage
portfolios. These scare me in a general sense. It does not look to me
like I have the level of insight and potential control that it takes
me to feel relatively calm.
If each type of investment was a dance, market investments would be a
hyper-frenetic Charleston, with hard RE is a very slow and stately
minuet.
You don't have to dance.
Few globally diversified index funds & bonds/cash, maybe little gold -
and just hold & do nothing.
Here's an interesting interview with Charlie Munger... https://youtu.be/_4VWM0h1D00?si=W6IeCow-noOvuvtA
...Basically says that the most important thing when over 50 is to avoid mistakes & greed, running after latest investing fads etc. "Play
defence, not offence"
On 10/19/25 11:37 AM, TT wrote:
Sawfish kirjoitti 19.10.2025 klo 20.23:
On 10/19/25 12:38 AM, TT wrote:
jdeluise kirjoitti 19.10.2025 klo 2.17:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 16.10.2025 klo 6.25:
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:I know one thing, since you first predicted its price would go to >>>>>>> zero, it actually doubled or tripled.
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian commodity vs >>>>>>>>> crypto in a dire emergency is that one needs to be *told* why/how >>>>>>>>> bitcoin has any value. You have to understand it; it is an
In some kind of societal collapse, it'd likely get taken by >>>>>>>>>>> looters and you'd be left with nothing for all your efforts... >>>>>>>>>>The looters won't come after your bitcoin?
*intellectual* commodity.
The problem is that it's not a hedge against stock market
crashes. So
hard to see any purpose & value other than speculation.
Well, it can still go to zero... at least if Nasdaq AI crash happens, >>>>>> the result will likely be very ugly.
Be careful about FOMOing into an ongoing bull run.-a That's usually a >>>>>>> newb move.
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in his/her >>>>>>>>> (their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy
I don't think it was a newb move really, I did put some thought into >>>>>> it. The thing is also that I have "too much" money in bonds & cash. >>>>>> Anyway, asked Grok about it and it gave rather a good answer imo,
touching about all relevant bullet points.
TT:
I bought gold at all time high few days ago, but only a small amount >>>>>> compared to my portfolio size. Yes, I had some fomo, but I view it as >>>>>> a starter position and plan to buy more if it pulls back (which may >>>>>> not happen for some time still). Tell me counter arguments to this >>>>>> claim: "Be careful about FOMOing into an ongoing bull run. That's
usually a newb move."
...also, do you think he has a point?
Grok:
Counterarguments to the Claim: "Be careful about FOMOing into an
ongoing bull run. That's usually a newb move."
1. Strategic Entry with a Starter Position: Your approach of buying a >>>>>> small amount as a starter position mitigates the risk of FOMO-driven >>>>>> overcommitment. By allocating only a small portion of your portfolio, >>>>>> you're maintaining discipline and limiting exposure while still
participating in the market. This is a calculated move, not a
reckless
one driven by pure emotion.
2. Dollar-Cost Averaging Potential: Your plan to buy more if the
price
pulls back aligns with a dollar-cost averaging strategy, which can >>>>>> reduce the average cost per unit over time. This approach
demonstrates
foresight and patience, countering the idea that you're impulsively >>>>>> chasing the market.
3. Long-Term Perspective: Gold is often viewed as a hedge against
inflation, currency devaluation, or economic uncertainty. If your
purchase aligns with a long-term investment thesis (e.g., concerns >>>>>> about fiat currency or geopolitical risks), buying at an all-time >>>>>> high
may not be as risky as it seems, especially if fundamentals support >>>>>> further upside.
4. Market Timing is Difficult: Waiting for a pullback carries its own >>>>>> risks, as markets can continue to rise longer than expected. By
establishing a position now, you're ensuring exposure to potential >>>>>> gains while avoiding the regret of missing out entirely. This is
particularly relevant if goldrCOs bull run is driven by strong
macroeconomic factors (e.g., central bank buying, declining real
yields).
5. FOMO vs. Conviction: Not all purchases during a bull run are
driven
by FOMO. If your decision was based on research, such as goldrCOs
historical role as a safe-haven asset or current market dynamics
(e.g., rising debt levels, monetary policy shifts), itrCOs less about >>>>>> chasing hype and more about acting on conviction.
6. Portfolio Diversification: If gold represents a small portion of >>>>>> your portfolio, as you mentioned, it serves as a diversification tool >>>>>> rather than a speculative bet. This reduces the risk of overexposure >>>>>> and aligns with prudent portfolio management, countering the "newb >>>>>> move" critique.
Does the Claim Have a Point?
Yes, the claim has some merit, but itrCOs not universally
applicable. FOMO-driven investingrCobuying an asset solely because its >>>>>> price is risingrCocan lead to poor decisions, especially if it results >>>>>> in overpaying or neglecting risk management. Historically, buying at >>>>>> all-time highs during euphoric market phases can lead to losses if a >>>>>> correction follows, as seen in various asset bubbles (e.g., dot-com >>>>>> crash, crypto peaks). For gold specifically, its price can be
volatile, and buying at a peak without a clear exit or risk
management
strategy can be risky.
However, your situation differs from the typical "newb move." Your >>>>>> small position size and plan to buy more on a pullback suggest a
disciplined approach rather than blind FOMO. The claim oversimplifies >>>>>> the nuance of your strategy and assumes emotional impulsiveness,
which
doesnrCOt fully apply here. GoldrCOs bull run, as of October 2025, may >>>>>> still have legs if driven by macroeconomic factors like persistent >>>>>> inflation or geopolitical tensions (though IrCOd need to check real- >>>>>> time
data to confirm current drivers). The key is whether your investment >>>>>> aligns with your risk tolerance and broader portfolio goals.
Well, you provided a lot more context to the chatbot than you did
to us.-a I actually agree with the idea of DCAing from a high start >>>>> position/small amount.-a But if you do, you have to be prepared to
commit to buying at higher quantities if the price drops, to bring
down the entry price.-a Otherwise you could stay underwater for a
long time. Probably gold won't crash, but in that case such a small >>>>> amount isn't going to do you much good in the future either. If it
was a super long- term (generational) investment like Sawfish is
talking about, that's different as well.
Yes, the amount is too small at this point to have much of an impact
portfolio-wise... then again, little droplets make a river. Yes, I'm
prepared to invest more at it... whether the price declines enough
(the problem being what is enough /just DCA gradually regardless of
price movements / moving money from winners when they become even
more risky than gold (expensive) etc.
Anyways, it's my most beautiful investment, that's for sure. Apart
from the bridge I bought.
A general open question for market investors--by this I mean-a markets
for investment instruments and commodities.
To me it looks like these markets are loaded with variables, many of
which are quite abstruse, with some entirely new perturbations
popping up unexpectedly.
Most of this is not subject to your control (or anyone's, often) and
they happen very fast, and often covertly.
This is a very hard financial environment to feel any comfort in.
Would you invest in personally owned real estate if the opportunity
arose?
Isn't real estate in US extremely expensive currently?
Naturally, you'd diversify between hard RE and market investments.
Right now I'm probably at about 60-70% hard RE, the remainder in
managed accounts--some retirement, some after-tax brokerage
portfolios. These scare me in a general sense. It does not look to me
like I have the level of insight and potential control that it takes
me to feel relatively calm.
If each type of investment was a dance, market investments would be a
hyper-frenetic Charleston, with hard RE is a very slow and stately
minuet.
You don't have to dance.
Few globally diversified index funds & bonds/cash, maybe little gold -
and just hold & do nothing.
Here's an interesting interview with Charlie Munger...
https://youtu.be/_4VWM0h1D00?si=W6IeCow-noOvuvtA
...Basically says that the most important thing when over 50 is to
avoid mistakes & greed, running after latest investing fads etc. "Play
defence, not offence"
How do cap gains taxes work in-a Finland?
In the US, simply put, for assets held > 1 year (long term cap gain),
it's 15% of the gain for those with income 600K or less, 20% for those above.
Sawfish kirjoitti 19.10.2025 klo 22.56:
On 10/19/25 11:37 AM, TT wrote:
Sawfish kirjoitti 19.10.2025 klo 20.23:
On 10/19/25 12:38 AM, TT wrote:
jdeluise kirjoitti 19.10.2025 klo 2.17:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 16.10.2025 klo 6.25:
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:I know one thing, since you first predicted its price would go to >>>>>>>> zero, it actually doubled or tripled.
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian commodity vs >>>>>>>>>> crypto in a dire emergency is that one needs to be *told* why/how >>>>>>>>>> bitcoin has any value. You have to understand it; it is an >>>>>>>>>> *intellectual* commodity.
In some kind of societal collapse, it'd likely get taken by >>>>>>>>>>>> looters and you'd be left with nothing for all your efforts... >>>>>>>>>>>The looters won't come after your bitcoin?
The problem is that it's not a hedge against stock market
crashes. So
hard to see any purpose & value other than speculation.
Well, it can still go to zero... at least if Nasdaq AI crash
happens,
the result will likely be very ugly.
Be careful about FOMOing into an ongoing bull run.-a That's
Not so with gold. It is to a very large degree a *sensual" >>>>>>>>>> commodity, as anyone who has held a US Double Eagle in his/her >>>>>>>>>> (their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy
usually a
newb move.
I don't think it was a newb move really, I did put some thought into >>>>>>> it. The thing is also that I have "too much" money in bonds & cash. >>>>>>> Anyway, asked Grok about it and it gave rather a good answer imo, >>>>>>> touching about all relevant bullet points.
TT:
I bought gold at all time high few days ago, but only a small amount >>>>>>> compared to my portfolio size. Yes, I had some fomo, but I view >>>>>>> it as
a starter position and plan to buy more if it pulls back (which may >>>>>>> not happen for some time still). Tell me counter arguments to this >>>>>>> claim: "Be careful about FOMOing into an ongoing bull run. That's >>>>>>> usually a newb move."
...also, do you think he has a point?
Grok:
Counterarguments to the Claim: "Be careful about FOMOing into an >>>>>>> ongoing bull run. That's usually a newb move."
1. Strategic Entry with a Starter Position: Your approach of
buying a
small amount as a starter position mitigates the risk of FOMO-driven >>>>>>> overcommitment. By allocating only a small portion of your
portfolio,
you're maintaining discipline and limiting exposure while still
participating in the market. This is a calculated move, not a
reckless
one driven by pure emotion.
2. Dollar-Cost Averaging Potential: Your plan to buy more if the >>>>>>> price
pulls back aligns with a dollar-cost averaging strategy, which can >>>>>>> reduce the average cost per unit over time. This approach
demonstrates
foresight and patience, countering the idea that you're impulsively >>>>>>> chasing the market.
3. Long-Term Perspective: Gold is often viewed as a hedge against >>>>>>> inflation, currency devaluation, or economic uncertainty. If your >>>>>>> purchase aligns with a long-term investment thesis (e.g., concerns >>>>>>> about fiat currency or geopolitical risks), buying at an all-time >>>>>>> high
may not be as risky as it seems, especially if fundamentals support >>>>>>> further upside.
4. Market Timing is Difficult: Waiting for a pullback carries its >>>>>>> own
risks, as markets can continue to rise longer than expected. By
establishing a position now, you're ensuring exposure to potential >>>>>>> gains while avoiding the regret of missing out entirely. This is >>>>>>> particularly relevant if goldrCOs bull run is driven by strong
macroeconomic factors (e.g., central bank buying, declining real >>>>>>> yields).
5. FOMO vs. Conviction: Not all purchases during a bull run are >>>>>>> driven
by FOMO. If your decision was based on research, such as goldrCOs >>>>>>> historical role as a safe-haven asset or current market dynamics >>>>>>> (e.g., rising debt levels, monetary policy shifts), itrCOs less about >>>>>>> chasing hype and more about acting on conviction.
6. Portfolio Diversification: If gold represents a small portion of >>>>>>> your portfolio, as you mentioned, it serves as a diversification >>>>>>> tool
rather than a speculative bet. This reduces the risk of overexposure >>>>>>> and aligns with prudent portfolio management, countering the "newb >>>>>>> move" critique.
Does the Claim Have a Point?
Yes, the claim has some merit, but itrCOs not universally
applicable. FOMO-driven investingrCobuying an asset solely because its >>>>>>> price is risingrCocan lead to poor decisions, especially if it results >>>>>>> in overpaying or neglecting risk management. Historically, buying at >>>>>>> all-time highs during euphoric market phases can lead to losses if a >>>>>>> correction follows, as seen in various asset bubbles (e.g., dot-com >>>>>>> crash, crypto peaks). For gold specifically, its price can be
volatile, and buying at a peak without a clear exit or risk
management
strategy can be risky.
However, your situation differs from the typical "newb move." Your >>>>>>> small position size and plan to buy more on a pullback suggest a >>>>>>> disciplined approach rather than blind FOMO. The claim
oversimplifies
the nuance of your strategy and assumes emotional impulsiveness, >>>>>>> which
doesnrCOt fully apply here. GoldrCOs bull run, as of October 2025, may >>>>>>> still have legs if driven by macroeconomic factors like persistent >>>>>>> inflation or geopolitical tensions (though IrCOd need to check
real- time
data to confirm current drivers). The key is whether your investment >>>>>>> aligns with your risk tolerance and broader portfolio goals.
Well, you provided a lot more context to the chatbot than you did >>>>>> to us.-a I actually agree with the idea of DCAing from a high start >>>>>> position/small amount.-a But if you do, you have to be prepared to >>>>>> commit to buying at higher quantities if the price drops, to bring >>>>>> down the entry price.-a Otherwise you could stay underwater for a >>>>>> long time. Probably gold won't crash, but in that case such a
small amount isn't going to do you much good in the future either. >>>>>> If it was a super long- term (generational) investment like
Sawfish is talking about, that's different as well.
Yes, the amount is too small at this point to have much of an
impact portfolio-wise... then again, little droplets make a river.
Yes, I'm prepared to invest more at it... whether the price
declines enough (the problem being what is enough /just DCA
gradually regardless of price movements / moving money from winners >>>>> when they become even more risky than gold (expensive) etc.
Anyways, it's my most beautiful investment, that's for sure. Apart
from the bridge I bought.
A general open question for market investors--by this I mean
markets for investment instruments and commodities.
To me it looks like these markets are loaded with variables, many of
which are quite abstruse, with some entirely new perturbations
popping up unexpectedly.
Most of this is not subject to your control (or anyone's, often) and
they happen very fast, and often covertly.
This is a very hard financial environment to feel any comfort in.
Would you invest in personally owned real estate if the opportunity
arose?
Isn't real estate in US extremely expensive currently?
Naturally, you'd diversify between hard RE and market investments.
Right now I'm probably at about 60-70% hard RE, the remainder in
managed accounts--some retirement, some after-tax brokerage
portfolios. These scare me in a general sense. It does not look to
me like I have the level of insight and potential control that it
takes me to feel relatively calm.
If each type of investment was a dance, market investments would be
a hyper-frenetic Charleston, with hard RE is a very slow and stately
minuet.
You don't have to dance.
Few globally diversified index funds & bonds/cash, maybe little gold
- and just hold & do nothing.
Here's an interesting interview with Charlie Munger...
https://youtu.be/_4VWM0h1D00?si=W6IeCow-noOvuvtA
...Basically says that the most important thing when over 50 is to
avoid mistakes & greed, running after latest investing fads etc.
"Play defence, not offence"
How do cap gains taxes work in-a Finland?
In the US, simply put, for assets held > 1 year (long term cap gain),
it's 15% of the gain for those with income 600K or less, 20% for those
above.
Basically 30% capital gains tax for stocks. The socialists are trying everything in their power to avoid "unequal distribution of wealth" - or
in plain English they're trying to keep everybody equally poor, and
doing a great job at it.
So buy & hold is crucial when investing here, no point paying taxes inbetween unnecessary "portfolio rebalancing" if your holdings have increased a lot in value.
Have also a special investment account where you can do stock picking
etc better... paying capital gains tax only after you withdraw money
from the account, not immediately after the sale. But you can transfer
only 100k worth of euros to that account.
On 10/19/25 1:42 PM, TT wrote:
Sawfish kirjoitti 19.10.2025 klo 22.56:
On 10/19/25 11:37 AM, TT wrote:
Sawfish kirjoitti 19.10.2025 klo 20.23:
On 10/19/25 12:38 AM, TT wrote:
jdeluise kirjoitti 19.10.2025 klo 2.17:
TT <TT@dprk.kp> writes:Yes, the amount is too small at this point to have much of an
jdeluise kirjoitti 16.10.2025 klo 6.25:
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:I know one thing, since you first predicted its price would go to >>>>>>>>> zero, it actually doubled or tripled.
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian
In some kind of societal collapse, it'd likely get taken by >>>>>>>>>>>>> looters and you'd be left with nothing for all your efforts... >>>>>>>>>>>>The looters won't come after your bitcoin?
commodity vs
crypto in a dire emergency is that one needs to be *told* >>>>>>>>>>> why/how
bitcoin has any value. You have to understand it; it is an >>>>>>>>>>> *intellectual* commodity.
The problem is that it's not a hedge against stock market >>>>>>>>>> crashes. So
hard to see any purpose & value other than speculation.
Well, it can still go to zero... at least if Nasdaq AI crash
happens,
the result will likely be very ugly.
Be careful about FOMOing into an ongoing bull run.-a That's >>>>>>>>> usually a
Not so with gold. It is to a very large degree a *sensual" >>>>>>>>>>> commodity, as anyone who has held a US Double Eagle in his/her >>>>>>>>>>> (their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy
newb move.
I don't think it was a newb move really, I did put some thought >>>>>>>> into
it. The thing is also that I have "too much" money in bonds & cash. >>>>>>>> Anyway, asked Grok about it and it gave rather a good answer imo, >>>>>>>> touching about all relevant bullet points.
TT:
I bought gold at all time high few days ago, but only a small >>>>>>>> amount
compared to my portfolio size. Yes, I had some fomo, but I view >>>>>>>> it as
a starter position and plan to buy more if it pulls back (which may >>>>>>>> not happen for some time still). Tell me counter arguments to this >>>>>>>> claim: "Be careful about FOMOing into an ongoing bull run. That's >>>>>>>> usually a newb move."
...also, do you think he has a point?
Grok:
Counterarguments to the Claim: "Be careful about FOMOing into an >>>>>>>> ongoing bull run. That's usually a newb move."
1. Strategic Entry with a Starter Position: Your approach of
buying a
small amount as a starter position mitigates the risk of FOMO- >>>>>>>> driven
overcommitment. By allocating only a small portion of your
portfolio,
you're maintaining discipline and limiting exposure while still >>>>>>>> participating in the market. This is a calculated move, not a >>>>>>>> reckless
one driven by pure emotion.
2. Dollar-Cost Averaging Potential: Your plan to buy more if the >>>>>>>> price
pulls back aligns with a dollar-cost averaging strategy, which can >>>>>>>> reduce the average cost per unit over time. This approach
demonstrates
foresight and patience, countering the idea that you're impulsively >>>>>>>> chasing the market.
3. Long-Term Perspective: Gold is often viewed as a hedge against >>>>>>>> inflation, currency devaluation, or economic uncertainty. If your >>>>>>>> purchase aligns with a long-term investment thesis (e.g., concerns >>>>>>>> about fiat currency or geopolitical risks), buying at an all- >>>>>>>> time high
may not be as risky as it seems, especially if fundamentals support >>>>>>>> further upside.
4. Market Timing is Difficult: Waiting for a pullback carries >>>>>>>> its own
risks, as markets can continue to rise longer than expected. By >>>>>>>> establishing a position now, you're ensuring exposure to potential >>>>>>>> gains while avoiding the regret of missing out entirely. This is >>>>>>>> particularly relevant if goldrCOs bull run is driven by strong >>>>>>>> macroeconomic factors (e.g., central bank buying, declining real >>>>>>>> yields).
5. FOMO vs. Conviction: Not all purchases during a bull run are >>>>>>>> driven
by FOMO. If your decision was based on research, such as goldrCOs >>>>>>>> historical role as a safe-haven asset or current market dynamics >>>>>>>> (e.g., rising debt levels, monetary policy shifts), itrCOs less about >>>>>>>> chasing hype and more about acting on conviction.
6. Portfolio Diversification: If gold represents a small portion of >>>>>>>> your portfolio, as you mentioned, it serves as a diversification >>>>>>>> tool
rather than a speculative bet. This reduces the risk of
overexposure
and aligns with prudent portfolio management, countering the "newb >>>>>>>> move" critique.
Does the Claim Have a Point?
Yes, the claim has some merit, but itrCOs not universally
applicable. FOMO-driven investingrCobuying an asset solely because >>>>>>>> its
price is risingrCocan lead to poor decisions, especially if it >>>>>>>> results
in overpaying or neglecting risk management. Historically,
buying at
all-time highs during euphoric market phases can lead to losses >>>>>>>> if a
correction follows, as seen in various asset bubbles (e.g., dot-com >>>>>>>> crash, crypto peaks). For gold specifically, its price can be
volatile, and buying at a peak without a clear exit or risk
management
strategy can be risky.
However, your situation differs from the typical "newb move." Your >>>>>>>> small position size and plan to buy more on a pullback suggest a >>>>>>>> disciplined approach rather than blind FOMO. The claim
oversimplifies
the nuance of your strategy and assumes emotional impulsiveness, >>>>>>>> which
doesnrCOt fully apply here. GoldrCOs bull run, as of October 2025, may >>>>>>>> still have legs if driven by macroeconomic factors like persistent >>>>>>>> inflation or geopolitical tensions (though IrCOd need to check >>>>>>>> real- time
data to confirm current drivers). The key is whether your
investment
aligns with your risk tolerance and broader portfolio goals.
Well, you provided a lot more context to the chatbot than you did >>>>>>> to us.-a I actually agree with the idea of DCAing from a high
start position/small amount.-a But if you do, you have to be
prepared to commit to buying at higher quantities if the price
drops, to bring down the entry price.-a Otherwise you could stay >>>>>>> underwater for a long time. Probably gold won't crash, but in
that case such a small amount isn't going to do you much good in >>>>>>> the future either. If it was a super long- term (generational)
investment like Sawfish is talking about, that's different as well. >>>>>>
impact portfolio-wise... then again, little droplets make a river. >>>>>> Yes, I'm prepared to invest more at it... whether the price
declines enough (the problem being what is enough /just DCA
gradually regardless of price movements / moving money from
winners when they become even more risky than gold (expensive) etc. >>>>>>
Anyways, it's my most beautiful investment, that's for sure. Apart >>>>>> from the bridge I bought.
A general open question for market investors--by this I mean
markets for investment instruments and commodities.
To me it looks like these markets are loaded with variables, many
of which are quite abstruse, with some entirely new perturbations
popping up unexpectedly.
Most of this is not subject to your control (or anyone's, often)
and they happen very fast, and often covertly.
This is a very hard financial environment to feel any comfort in.
Would you invest in personally owned real estate if the opportunity >>>>> arose?
Isn't real estate in US extremely expensive currently?
Naturally, you'd diversify between hard RE and market investments.
Right now I'm probably at about 60-70% hard RE, the remainder in
managed accounts--some retirement, some after-tax brokerage
portfolios. These scare me in a general sense. It does not look to
me like I have the level of insight and potential control that it
takes me to feel relatively calm.
If each type of investment was a dance, market investments would be >>>>> a hyper-frenetic Charleston, with hard RE is a very slow and
stately minuet.
You don't have to dance.
Few globally diversified index funds & bonds/cash, maybe little gold
- and just hold & do nothing.
Here's an interesting interview with Charlie Munger...
https://youtu.be/_4VWM0h1D00?si=W6IeCow-noOvuvtA
...Basically says that the most important thing when over 50 is to
avoid mistakes & greed, running after latest investing fads etc.
"Play defence, not offence"
How do cap gains taxes work in-a Finland?
In the US, simply put, for assets held > 1 year (long term cap gain),
it's 15% of the gain for those with income 600K or less, 20% for
those above.
Basically 30% capital gains tax for stocks. The socialists are trying
everything in their power to avoid "unequal distribution of wealth" -
or in plain English they're trying to keep everybody equally poor, and
doing a great job at it.
So buy & hold is crucial when investing here, no point paying taxes
inbetween unnecessary "portfolio rebalancing" if your holdings have
increased a lot in value.
Have also a special investment account where you can do stock picking
etc better... paying capital gains tax only after you withdraw money
from the account, not immediately after the sale. But you can transfer
only 100k worth of euros to that account.
Do you have retirement accounts that are taxed (or not taxed) favorably?
-aIn-a the US, while working (earned assets, mostly--I'll have to check) you can divert up to a certain-a amount per year into either an IRA or
401K account that lets you put untaxed money in these accounts. You must hold them until age 59.5 or pay penalties, but after 59.5 you can with
draw them and they are treated as ordinary income and taxed at that rate.
Better still are Roths, where you can use a defined amount of after-tax money to invest until 59.5 but after that when you withdraw the money at
any amount, any rate, it will be completely tax free. This means that if
you start such an account at age 25 (e.g.) and over 40 years of contributions totaling 500k of after-tax money, and it has tripled to
1.5M, you could, all at one time, withdraw all of it and pay no tax. In
this scenario you'd be 65, past 59.5.
These are *very* good programs for regular savers, forming a core of late-life money.
Sawfish kirjoitti 20.10.2025 klo 0.33:
On 10/19/25 1:42 PM, TT wrote:
Sawfish kirjoitti 19.10.2025 klo 22.56:Do you have retirement accounts that are taxed (or not taxed)
On 10/19/25 11:37 AM, TT wrote:
Sawfish kirjoitti 19.10.2025 klo 20.23:
On 10/19/25 12:38 AM, TT wrote:
jdeluise kirjoitti 19.10.2025 klo 2.17:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 16.10.2025 klo 6.25:
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:I know one thing, since you first predicted its price
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian
In some kind of societal collapse, it'd likely get >>>>>>>>>>>>>> taken by
looters and you'd be left with nothing for all your >>>>>>>>>>>>>> efforts...
The looters won't come after your bitcoin?
commodity vs
crypto in a dire emergency is that one needs to be
*told*
why/how
bitcoin has any value. You have to understand it; it
is an
*intellectual* commodity.
The problem is that it's not a hedge against stock
market
crashes. So
hard to see any purpose & value other than
speculation.
would go to
zero, it actually doubled or tripled.
Well, it can still go to zero... at least if Nasdaq AI
crash
happens,
the result will likely be very ugly.
That's
Not so with gold. It is to a very large degree a
*sensual"
commodity, as anyone who has held a US Double Eagle
in his/her
(their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy >>>>>>>>>> Be careful about FOMOing into an ongoing bull run.-a
usually a
newb move.
I don't think it was a newb move really, I did put some
thought into
it. The thing is also that I have "too much" money in
bonds & cash.
Anyway, asked Grok about it and it gave rather a good
answer imo,
touching about all relevant bullet points.
TT:
I bought gold at all time high few days ago, but only a
small
amount
compared to my portfolio size. Yes, I had some fomo, but
I
view it as
a starter position and plan to buy more if it pulls back
(which may
not happen for some time still). Tell me counter
arguments to this
claim: "Be careful about FOMOing into an ongoing bull
run. That's
usually a newb move."
...also, do you think he has a point?
Grok:
Counterarguments to the Claim: "Be careful about FOMOing
into an
ongoing bull run. That's usually a newb move."
1. Strategic Entry with a Starter Position: Your
approach of
buying a
small amount as a starter position mitigates the risk of
FOMO- driven
overcommitment. By allocating only a small portion of
your
portfolio,
you're maintaining discipline and limiting exposure
while still
participating in the market. This is a calculated move,
not a
reckless
one driven by pure emotion.
2. Dollar-Cost Averaging Potential: Your plan to buy
more if
the price
pulls back aligns with a dollar-cost averaging strategy,
which can
reduce the average cost per unit over time. This
approach
demonstrates
foresight and patience, countering the idea that you're
impulsively
chasing the market.
3. Long-Term Perspective: Gold is often viewed as a
hedge against
inflation, currency devaluation, or economic
uncertainty. If your
purchase aligns with a long-term investment thesis
(e.g., concerns
about fiat currency or geopolitical risks), buying at an
all-
time high
may not be as risky as it seems, especially if
fundamentals support
further upside.
4. Market Timing is Difficult: Waiting for a pullback
carries
its own
risks, as markets can continue to rise longer than
expected. By
establishing a position now, you're ensuring exposure to
potential
gains while avoiding the regret of missing out
entirely. This is
particularly relevant if goldrCOs bull run is driven by
strong
macroeconomic factors (e.g., central bank buying,
declining real
yields).
5. FOMO vs. Conviction: Not all purchases during a bull
run
are driven
by FOMO. If your decision was based on research, such as
goldrCOs
historical role as a safe-haven asset or current market
dynamics
(e.g., rising debt levels, monetary policy shifts), itrCOs
less about
chasing hype and more about acting on conviction.
6. Portfolio Diversification: If gold represents a small
portion of
your portfolio, as you mentioned, it serves as a
diversification tool
rather than a speculative bet. This reduces the risk of
overexposure
and aligns with prudent portfolio management, countering
the "newb
move" critique.
Does the Claim Have a Point?
Yes, the claim has some merit, but itrCOs not universally
applicable. FOMO-driven investingrCobuying an asset solely
because its
price is risingrCocan lead to poor decisions, especially
if it
results
in overpaying or neglecting risk
management. Historically,
buying at
all-time highs during euphoric market phases can lead to
losses if a
correction follows, as seen in various asset bubbles
(e.g., dot-com
crash, crypto peaks). For gold specifically, its price
can be
volatile, and buying at a peak without a clear exit or
risk
management
strategy can be risky.
However, your situation differs from the typical "newb
move." Your
small position size and plan to buy more on a pullback
suggest a
disciplined approach rather than blind FOMO. The claim
oversimplifies
the nuance of your strategy and assumes emotional
impulsiveness, which
doesnrCOt fully apply here. GoldrCOs bull run, as of October >>>>>>>>> 2025, may
still have legs if driven by macroeconomic factors like
persistent
inflation or geopolitical tensions (though IrCOd need to
check
real- time
data to confirm current drivers). The key is whether
your
investment
aligns with your risk tolerance and broader portfolio
goals.
Well, you provided a lot more context to the chatbot than
you
did to us.-a I actually agree with the idea of DCAing from
a
high start position/small amount.-a But if you do, you
have to
be prepared to commit to buying at higher quantities if
the
price drops, to bring down the entry price.-a Otherwise
you
could stay underwater for a long time. Probably gold
won't
crash, but in that case such a small amount isn't going
to do
you much good in the future either. If it was a super
long-
term (generational) investment like Sawfish is talking
about,
that's different as well.
Yes, the amount is too small at this point to have much of
an
impact portfolio-wise... then again, little droplets make
a
river. Yes, I'm prepared to invest more at it... whether
the
price declines enough (the problem being what is enough
/just
DCA gradually regardless of price movements / moving money
from
winners when they become even more risky than gold
(expensive)
etc.
Anyways, it's my most beautiful investment, that's for
sure. Apart from the bridge I bought.
A general open question for market investors--by this I
mean
markets for investment instruments and commodities.
To me it looks like these markets are loaded with
variables,
many of which are quite abstruse, with some entirely new
perturbations popping up unexpectedly.
Most of this is not subject to your control (or anyone's,
often)
and they happen very fast, and often covertly.
This is a very hard financial environment to feel any
comfort
in. Would you invest in personally owned real estate if the
opportunity arose?
Isn't real estate in US extremely expensive currently?
Naturally, you'd diversify between hard RE and market
investments. Right now I'm probably at about 60-70% hard
RE, the
remainder in managed accounts--some retirement, some
after-tax
brokerage portfolios. These scare me in a general sense. It
does
not look to me like I have the level of insight and
potential
control that it takes me to feel relatively calm.
If each type of investment was a dance, market investments
would
be a hyper-frenetic Charleston, with hard RE is a very slow
and
stately minuet.
You don't have to dance.
Few globally diversified index funds & bonds/cash, maybe
little
gold - and just hold & do nothing.
Here's an interesting interview with Charlie Munger...
https://youtu.be/_4VWM0h1D00?si=W6IeCow-noOvuvtA
...Basically says that the most important thing when over 50
is
to avoid mistakes & greed, running after latest investing
fads
etc. "Play defence, not offence"
How do cap gains taxes work in-a Finland?
In the US, simply put, for assets held > 1 year (long term
cap
gain), it's 15% of the gain for those with income 600K or
less,
20% for those above.
Basically 30% capital gains tax for stocks. The socialists are
trying everything in their power to avoid "unequal
distribution of
wealth" - or in plain English they're trying to keep everybody
equally poor, and doing a great job at it.
So buy & hold is crucial when investing here, no point paying
taxes
inbetween unnecessary "portfolio rebalancing" if your holdings
have
increased a lot in value.
Have also a special investment account where you can do stock
picking etc better... paying capital gains tax only after you
withdraw money from the account, not immediately after the
sale. But you can transfer only 100k worth of euros to that
account.
favorably? -aIn-a the US, while working (earned assets,
mostly--I'll
have to check) you can divert up to a certain-a amount per year
into
either an IRA or 401K account that lets you put untaxed money
in
these accounts. You must hold them until age 59.5 or pay
penalties,
but after 59.5 you can with draw them and they are treated as
ordinary income and taxed at that rate.
Better still are Roths, where you can use a defined amount of
after-tax money to invest until 59.5 but after that when you
withdraw the money at any amount, any rate, it will be
completely
tax free. This means that if you start such an account at age
25
(e.g.) and over 40 years of contributions totaling 500k of
after-tax
money, and it has tripled to 1.5M, you could, all at one time,
withdraw all of it and pay no tax. In this scenario you'd be
65,
past 59.5.
These are *very* good programs for regular savers, forming a
core of
late-life money.
Yes, that is perfect and no doubt a big reason for US stock
market
success/prices as well.
Speaking of portfolios... I asked opinions from 3 different AI
about
my portfolio. All said that I have too much Finland &
China. Well yes,
China has some risks & Finland is too concentrated on few big
companies. And they keep going up. But to sell some, again, or
not -
that is the question. Munger's "play defence" equals to selling
- but
how do you compound when you keep selling stuff...
Also, funny thing... Gemini's "deep research - mode" said that
my bond
funds have too big duration risk and I should sell *ALL* and
move it
to money market funds. Doh.
...The other AI said exactly opposite: sell money market funds
and
move it to bond funds. Because money market funds will miss
appreciation from interest rate cuts, it said.
The third AI said that my fixed income allocation is just
perfect. Maybe it had the infamous jerk-off-mode on.
Only one remarked about the too small gold position.
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 20.10.2025 klo 0.33:
On 10/19/25 1:42 PM, TT wrote:
Sawfish kirjoitti 19.10.2025 klo 22.56:Do you have retirement accounts that are taxed (or not taxed)
On 10/19/25 11:37 AM, TT wrote:
Sawfish kirjoitti 19.10.2025 klo 20.23:
On 10/19/25 12:38 AM, TT wrote:
jdeluise kirjoitti 19.10.2025 klo 2.17:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 16.10.2025 klo 6.25:Well, you provided a lot more context to the chatbot than you >>>>>>>>> did to us.-a I actually agree with the idea of DCAing from a >>>>>>>>> high start position/small amount.-a But if you do, you have to >>>>>>>>> be prepared to commit to buying at higher quantities if the
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:zero, it actually doubled or tripled.
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian >>>>>>>>>>>>> commodity vs
In some kind of societal collapse, it'd likely get taken by >>>>>>>>>>>>>>> looters and you'd be left with nothing for all your >>>>>>>>>>>>>>> efforts...
The looters won't come after your bitcoin?
crypto in a dire emergency is that one needs to be *told* >>>>>>>>>>>>> why/how
bitcoin has any value. You have to understand it; it is an >>>>>>>>>>>>> *intellectual* commodity.
The problem is that it's not a hedge against stock market >>>>>>>>>>>> crashes. So
hard to see any purpose & value other than speculation. >>>>>>>>>>> I know one thing, since you first predicted its price would >>>>>>>>>>> go to
Well, it can still go to zero... at least if Nasdaq AI crash >>>>>>>>>> happens,
the result will likely be very ugly.
newb move.
Not so with gold. It is to a very large degree a *sensual" >>>>>>>>>>>>> commodity, as anyone who has held a US Double Eagle in his/her >>>>>>>>>>>>> (their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy >>>>>>>>>>> Be careful about FOMOing into an ongoing bull run. That's >>>>>>>>>>> usually a
I don't think it was a newb move really, I did put some
thought into
it. The thing is also that I have "too much" money in bonds & >>>>>>>>>> cash.
Anyway, asked Grok about it and it gave rather a good answer imo, >>>>>>>>>> touching about all relevant bullet points.
TT:
I bought gold at all time high few days ago, but only a small >>>>>>>>>> amount
compared to my portfolio size. Yes, I had some fomo, but I >>>>>>>>>> view it as
a starter position and plan to buy more if it pulls back
(which may
not happen for some time still). Tell me counter arguments to >>>>>>>>>> this
claim: "Be careful about FOMOing into an ongoing bull run. That's >>>>>>>>>> usually a newb move."
...also, do you think he has a point?
Grok:
Counterarguments to the Claim: "Be careful about FOMOing into an >>>>>>>>>> ongoing bull run. That's usually a newb move."
1. Strategic Entry with a Starter Position: Your approach of >>>>>>>>>> buying a
small amount as a starter position mitigates the risk of
FOMO- driven
overcommitment. By allocating only a small portion of your >>>>>>>>>> portfolio,
you're maintaining discipline and limiting exposure while still >>>>>>>>>> participating in the market. This is a calculated move, not a >>>>>>>>>> reckless
one driven by pure emotion.
2. Dollar-Cost Averaging Potential: Your plan to buy more if >>>>>>>>>> the price
pulls back aligns with a dollar-cost averaging strategy, which >>>>>>>>>> can
reduce the average cost per unit over time. This approach
demonstrates
foresight and patience, countering the idea that you're
impulsively
chasing the market.
3. Long-Term Perspective: Gold is often viewed as a hedge against >>>>>>>>>> inflation, currency devaluation, or economic uncertainty. If your >>>>>>>>>> purchase aligns with a long-term investment thesis (e.g., >>>>>>>>>> concerns
about fiat currency or geopolitical risks), buying at an all- >>>>>>>>>> time high
may not be as risky as it seems, especially if fundamentals >>>>>>>>>> support
further upside.
4. Market Timing is Difficult: Waiting for a pullback carries >>>>>>>>>> its own
risks, as markets can continue to rise longer than expected. By >>>>>>>>>> establishing a position now, you're ensuring exposure to
potential
gains while avoiding the regret of missing out entirely. This is >>>>>>>>>> particularly relevant if goldrCOs bull run is driven by strong >>>>>>>>>> macroeconomic factors (e.g., central bank buying, declining real >>>>>>>>>> yields).
5. FOMO vs. Conviction: Not all purchases during a bull run >>>>>>>>>> are driven
by FOMO. If your decision was based on research, such as goldrCOs >>>>>>>>>> historical role as a safe-haven asset or current market dynamics >>>>>>>>>> (e.g., rising debt levels, monetary policy shifts), itrCOs less >>>>>>>>>> about
chasing hype and more about acting on conviction.
6. Portfolio Diversification: If gold represents a small
portion of
your portfolio, as you mentioned, it serves as a
diversification tool
rather than a speculative bet. This reduces the risk of
overexposure
and aligns with prudent portfolio management, countering the >>>>>>>>>> "newb
move" critique.
Does the Claim Have a Point?
Yes, the claim has some merit, but itrCOs not universally
applicable. FOMO-driven investingrCobuying an asset solely >>>>>>>>>> because its
price is risingrCocan lead to poor decisions, especially if it >>>>>>>>>> results
in overpaying or neglecting risk management. Historically, >>>>>>>>>> buying at
all-time highs during euphoric market phases can lead to
losses if a
correction follows, as seen in various asset bubbles (e.g., >>>>>>>>>> dot-com
crash, crypto peaks). For gold specifically, its price can be >>>>>>>>>> volatile, and buying at a peak without a clear exit or risk >>>>>>>>>> management
strategy can be risky.
However, your situation differs from the typical "newb move." >>>>>>>>>> Your
small position size and plan to buy more on a pullback suggest a >>>>>>>>>> disciplined approach rather than blind FOMO. The claim
oversimplifies
the nuance of your strategy and assumes emotional
impulsiveness, which
doesnrCOt fully apply here. GoldrCOs bull run, as of October 2025, >>>>>>>>>> may
still have legs if driven by macroeconomic factors like
persistent
inflation or geopolitical tensions (though IrCOd need to check >>>>>>>>>> real- time
data to confirm current drivers). The key is whether your
investment
aligns with your risk tolerance and broader portfolio goals. >>>>>>>>>
price drops, to bring down the entry price.-a Otherwise you
could stay underwater for a long time. Probably gold won't
crash, but in that case such a small amount isn't going to do >>>>>>>>> you much good in the future either. If it was a super long-
term (generational) investment like Sawfish is talking about, >>>>>>>>> that's different as well.
Yes, the amount is too small at this point to have much of an
impact portfolio-wise... then again, little droplets make a
river. Yes, I'm prepared to invest more at it... whether the
price declines enough (the problem being what is enough /just
DCA gradually regardless of price movements / moving money from >>>>>>>> winners when they become even more risky than gold (expensive) >>>>>>>> etc.
Anyways, it's my most beautiful investment, that's for
sure. Apart from the bridge I bought.
A general open question for market investors--by this I mean
markets for investment instruments and commodities.
To me it looks like these markets are loaded with variables,
many of which are quite abstruse, with some entirely new
perturbations popping up unexpectedly.
Most of this is not subject to your control (or anyone's, often) >>>>>>> and they happen very fast, and often covertly.
This is a very hard financial environment to feel any comfort
in. Would you invest in personally owned real estate if the
opportunity arose?
Isn't real estate in US extremely expensive currently?
Naturally, you'd diversify between hard RE and market
investments. Right now I'm probably at about 60-70% hard RE, the >>>>>>> remainder in managed accounts--some retirement, some after-tax
brokerage portfolios. These scare me in a general sense. It does >>>>>>> not look to me like I have the level of insight and potential
control that it takes me to feel relatively calm.
If each type of investment was a dance, market investments would >>>>>>> be a hyper-frenetic Charleston, with hard RE is a very slow and
stately minuet.
You don't have to dance.
Few globally diversified index funds & bonds/cash, maybe little
gold - and just hold & do nothing.
Here's an interesting interview with Charlie Munger...
https://youtu.be/_4VWM0h1D00?si=W6IeCow-noOvuvtA
...Basically says that the most important thing when over 50 is
to avoid mistakes & greed, running after latest investing fads
etc. "Play defence, not offence"
How do cap gains taxes work in-a Finland?
In the US, simply put, for assets held > 1 year (long term cap
gain), it's 15% of the gain for those with income 600K or less,
20% for those above.
Basically 30% capital gains tax for stocks. The socialists are
trying everything in their power to avoid "unequal distribution of
wealth" - or in plain English they're trying to keep everybody
equally poor, and doing a great job at it.
So buy & hold is crucial when investing here, no point paying taxes
inbetween unnecessary "portfolio rebalancing" if your holdings have
increased a lot in value.
Have also a special investment account where you can do stock
picking etc better... paying capital gains tax only after you
withdraw money from the account, not immediately after the
sale. But you can transfer only 100k worth of euros to that
account.
favorably?-a -aIn-a the US, while working (earned assets, mostly--I'll
have to check) you can divert up to a certain-a amount per year into
either an IRA or 401K account that lets you put untaxed money in
these accounts. You must hold them until age 59.5 or pay penalties,
but after 59.5 you can with draw them and they are treated as
ordinary income and taxed at that rate.
Better still are Roths, where you can use a defined amount of
after-tax money to invest until 59.5 but after that when you
withdraw the money at any amount, any rate, it will be completely
tax free. This means that if you start such an account at age 25
(e.g.) and over 40 years of contributions totaling 500k of after-tax
money, and it has tripled to 1.5M, you could, all at one time,
withdraw all of it and pay no tax. In this scenario you'd be 65,
past 59.5.
These are *very* good programs for regular savers, forming a core of
late-life money.
Yes, that is perfect and no doubt a big reason for US stock market
success/prices as well.
Speaking of portfolios... I asked opinions from 3 different AI about
my portfolio. All said that I have too much Finland & China. Well yes,
China has some risks & Finland is too concentrated on few big
companies. And they keep going up. But to sell some, again, or not -
that is the question. Munger's "play defence" equals to selling - but
how do you compound when you keep selling stuff...
Also, funny thing... Gemini's "deep research - mode" said that my bond
funds have too big duration risk and I should sell *ALL* and move it
to money market funds. Doh.
...The other AI said exactly opposite: sell money market funds and
move it to bond funds. Because money market funds will miss
appreciation from interest rate cuts, it said.
The third AI said that my fixed income allocation is just
perfect. Maybe it had the infamous jerk-off-mode on.
Only one remarked about the too small gold position.
The LLM is not your friend.-a You should treat it as a tool and a
potential adversary.
Now it can report back to its "handlers" about your precise portfolio,--
use it to manipulate the market.-a And they have a little birdie that can sing in your ear and guide you to desired outcomes.
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 20.10.2025 klo 0.33:
On 10/19/25 1:42 PM, TT wrote:
Sawfish kirjoitti 19.10.2025 klo 22.56:Do you have retirement accounts that are taxed (or not taxed)
On 10/19/25 11:37 AM, TT wrote:
Sawfish kirjoitti 19.10.2025 klo 20.23:
On 10/19/25 12:38 AM, TT wrote:
jdeluise kirjoitti 19.10.2025 klo 2.17:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 16.10.2025 klo 6.25:Well, you provided a lot more context to the chatbot than you >>>>>>>>> did to us.-a I actually agree with the idea of DCAing from a >>>>>>>>> high start position/small amount.-a But if you do, you have to >>>>>>>>> be prepared to commit to buying at higher quantities if the
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:zero, it actually doubled or tripled.
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian >>>>>>>>>>>>> commodity vs
In some kind of societal collapse, it'd likely get taken by >>>>>>>>>>>>>>> looters and you'd be left with nothing for all your >>>>>>>>>>>>>>> efforts...
The looters won't come after your bitcoin?
crypto in a dire emergency is that one needs to be *told* >>>>>>>>>>>>> why/how
bitcoin has any value. You have to understand it; it is an >>>>>>>>>>>>> *intellectual* commodity.
The problem is that it's not a hedge against stock market >>>>>>>>>>>> crashes. So
hard to see any purpose & value other than speculation. >>>>>>>>>>> I know one thing, since you first predicted its price would >>>>>>>>>>> go to
Well, it can still go to zero... at least if Nasdaq AI crash >>>>>>>>>> happens,
the result will likely be very ugly.
newb move.
Not so with gold. It is to a very large degree a *sensual" >>>>>>>>>>>>> commodity, as anyone who has held a US Double Eagle in his/her >>>>>>>>>>>>> (their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy >>>>>>>>>>> Be careful about FOMOing into an ongoing bull run. That's >>>>>>>>>>> usually a
I don't think it was a newb move really, I did put some
thought into
it. The thing is also that I have "too much" money in bonds & >>>>>>>>>> cash.
Anyway, asked Grok about it and it gave rather a good answer imo, >>>>>>>>>> touching about all relevant bullet points.
TT:
I bought gold at all time high few days ago, but only a small >>>>>>>>>> amount
compared to my portfolio size. Yes, I had some fomo, but I >>>>>>>>>> view it as
a starter position and plan to buy more if it pulls back
(which may
not happen for some time still). Tell me counter arguments to >>>>>>>>>> this
claim: "Be careful about FOMOing into an ongoing bull run. That's >>>>>>>>>> usually a newb move."
...also, do you think he has a point?
Grok:
Counterarguments to the Claim: "Be careful about FOMOing into an >>>>>>>>>> ongoing bull run. That's usually a newb move."
1. Strategic Entry with a Starter Position: Your approach of >>>>>>>>>> buying a
small amount as a starter position mitigates the risk of
FOMO- driven
overcommitment. By allocating only a small portion of your >>>>>>>>>> portfolio,
you're maintaining discipline and limiting exposure while still >>>>>>>>>> participating in the market. This is a calculated move, not a >>>>>>>>>> reckless
one driven by pure emotion.
2. Dollar-Cost Averaging Potential: Your plan to buy more if >>>>>>>>>> the price
pulls back aligns with a dollar-cost averaging strategy, which >>>>>>>>>> can
reduce the average cost per unit over time. This approach
demonstrates
foresight and patience, countering the idea that you're
impulsively
chasing the market.
3. Long-Term Perspective: Gold is often viewed as a hedge against >>>>>>>>>> inflation, currency devaluation, or economic uncertainty. If your >>>>>>>>>> purchase aligns with a long-term investment thesis (e.g., >>>>>>>>>> concerns
about fiat currency or geopolitical risks), buying at an all- >>>>>>>>>> time high
may not be as risky as it seems, especially if fundamentals >>>>>>>>>> support
further upside.
4. Market Timing is Difficult: Waiting for a pullback carries >>>>>>>>>> its own
risks, as markets can continue to rise longer than expected. By >>>>>>>>>> establishing a position now, you're ensuring exposure to
potential
gains while avoiding the regret of missing out entirely. This is >>>>>>>>>> particularly relevant if goldrCOs bull run is driven by strong >>>>>>>>>> macroeconomic factors (e.g., central bank buying, declining real >>>>>>>>>> yields).
5. FOMO vs. Conviction: Not all purchases during a bull run >>>>>>>>>> are driven
by FOMO. If your decision was based on research, such as goldrCOs >>>>>>>>>> historical role as a safe-haven asset or current market dynamics >>>>>>>>>> (e.g., rising debt levels, monetary policy shifts), itrCOs less >>>>>>>>>> about
chasing hype and more about acting on conviction.
6. Portfolio Diversification: If gold represents a small
portion of
your portfolio, as you mentioned, it serves as a
diversification tool
rather than a speculative bet. This reduces the risk of
overexposure
and aligns with prudent portfolio management, countering the >>>>>>>>>> "newb
move" critique.
Does the Claim Have a Point?
Yes, the claim has some merit, but itrCOs not universally
applicable. FOMO-driven investingrCobuying an asset solely >>>>>>>>>> because its
price is risingrCocan lead to poor decisions, especially if it >>>>>>>>>> results
in overpaying or neglecting risk management. Historically, >>>>>>>>>> buying at
all-time highs during euphoric market phases can lead to
losses if a
correction follows, as seen in various asset bubbles (e.g., >>>>>>>>>> dot-com
crash, crypto peaks). For gold specifically, its price can be >>>>>>>>>> volatile, and buying at a peak without a clear exit or risk >>>>>>>>>> management
strategy can be risky.
However, your situation differs from the typical "newb move." >>>>>>>>>> Your
small position size and plan to buy more on a pullback suggest a >>>>>>>>>> disciplined approach rather than blind FOMO. The claim
oversimplifies
the nuance of your strategy and assumes emotional
impulsiveness, which
doesnrCOt fully apply here. GoldrCOs bull run, as of October 2025, >>>>>>>>>> may
still have legs if driven by macroeconomic factors like
persistent
inflation or geopolitical tensions (though IrCOd need to check >>>>>>>>>> real- time
data to confirm current drivers). The key is whether your
investment
aligns with your risk tolerance and broader portfolio goals. >>>>>>>>>
price drops, to bring down the entry price.-a Otherwise you
could stay underwater for a long time. Probably gold won't
crash, but in that case such a small amount isn't going to do >>>>>>>>> you much good in the future either. If it was a super long-
term (generational) investment like Sawfish is talking about, >>>>>>>>> that's different as well.
Yes, the amount is too small at this point to have much of an
impact portfolio-wise... then again, little droplets make a
river. Yes, I'm prepared to invest more at it... whether the
price declines enough (the problem being what is enough /just
DCA gradually regardless of price movements / moving money from >>>>>>>> winners when they become even more risky than gold (expensive) >>>>>>>> etc.
Anyways, it's my most beautiful investment, that's for
sure. Apart from the bridge I bought.
A general open question for market investors--by this I mean
markets for investment instruments and commodities.
To me it looks like these markets are loaded with variables,
many of which are quite abstruse, with some entirely new
perturbations popping up unexpectedly.
Most of this is not subject to your control (or anyone's, often) >>>>>>> and they happen very fast, and often covertly.
This is a very hard financial environment to feel any comfort
in. Would you invest in personally owned real estate if the
opportunity arose?
Isn't real estate in US extremely expensive currently?
Naturally, you'd diversify between hard RE and market
investments. Right now I'm probably at about 60-70% hard RE, the >>>>>>> remainder in managed accounts--some retirement, some after-tax
brokerage portfolios. These scare me in a general sense. It does >>>>>>> not look to me like I have the level of insight and potential
control that it takes me to feel relatively calm.
If each type of investment was a dance, market investments would >>>>>>> be a hyper-frenetic Charleston, with hard RE is a very slow and
stately minuet.
You don't have to dance.
Few globally diversified index funds & bonds/cash, maybe little
gold - and just hold & do nothing.
Here's an interesting interview with Charlie Munger...
https://youtu.be/_4VWM0h1D00?si=W6IeCow-noOvuvtA
...Basically says that the most important thing when over 50 is
to avoid mistakes & greed, running after latest investing fads
etc. "Play defence, not offence"
How do cap gains taxes work in-a Finland?
In the US, simply put, for assets held > 1 year (long term cap
gain), it's 15% of the gain for those with income 600K or less,
20% for those above.
Basically 30% capital gains tax for stocks. The socialists are
trying everything in their power to avoid "unequal distribution of
wealth" - or in plain English they're trying to keep everybody
equally poor, and doing a great job at it.
So buy & hold is crucial when investing here, no point paying taxes
inbetween unnecessary "portfolio rebalancing" if your holdings have
increased a lot in value.
Have also a special investment account where you can do stock
picking etc better... paying capital gains tax only after you
withdraw money from the account, not immediately after the
sale. But you can transfer only 100k worth of euros to that
account.
favorably?-a -aIn-a the US, while working (earned assets, mostly--I'll
have to check) you can divert up to a certain-a amount per year into
either an IRA or 401K account that lets you put untaxed money in
these accounts. You must hold them until age 59.5 or pay penalties,
but after 59.5 you can with draw them and they are treated as
ordinary income and taxed at that rate.
Better still are Roths, where you can use a defined amount of
after-tax money to invest until 59.5 but after that when you
withdraw the money at any amount, any rate, it will be completely
tax free. This means that if you start such an account at age 25
(e.g.) and over 40 years of contributions totaling 500k of after-tax
money, and it has tripled to 1.5M, you could, all at one time,
withdraw all of it and pay no tax. In this scenario you'd be 65,
past 59.5.
These are *very* good programs for regular savers, forming a core of
late-life money.
Yes, that is perfect and no doubt a big reason for US stock market
success/prices as well.
Speaking of portfolios... I asked opinions from 3 different AI about
my portfolio. All said that I have too much Finland & China. Well yes,
China has some risks & Finland is too concentrated on few big
companies. And they keep going up. But to sell some, again, or not -
that is the question. Munger's "play defence" equals to selling - but
how do you compound when you keep selling stuff...
Also, funny thing... Gemini's "deep research - mode" said that my bond
funds have too big duration risk and I should sell *ALL* and move it
to money market funds. Doh.
...The other AI said exactly opposite: sell money market funds and
move it to bond funds. Because money market funds will miss
appreciation from interest rate cuts, it said.
The third AI said that my fixed income allocation is just
perfect. Maybe it had the infamous jerk-off-mode on.
Only one remarked about the too small gold position.
The LLM is not your friend.-a You should treat it as a tool and a
potential adversary.
Now it can report back to its "handlers" about your precise portfolio,
use it to manipulate the market.-a And they have a little birdie that can sing in your ear and guide you to desired outcomes.
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 20.10.2025 klo 0.33:
On 10/19/25 1:42 PM, TT wrote:
Sawfish kirjoitti 19.10.2025 klo 22.56:Do you have retirement accounts that are taxed (or not taxed)
On 10/19/25 11:37 AM, TT wrote:
Sawfish kirjoitti 19.10.2025 klo 20.23:
On 10/19/25 12:38 AM, TT wrote:
jdeluise kirjoitti 19.10.2025 klo 2.17:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 16.10.2025 klo 6.25:Well, you provided a lot more context to the chatbot than you >>>>>>>>> did to us.-a I actually agree with the idea of DCAing from a >>>>>>>>> high start position/small amount.-a But if you do, you have to >>>>>>>>> be prepared to commit to buying at higher quantities if the
TT <TT@dprk.kp> writes:
Sawfish kirjoitti 12.10.2025 klo 19.31:zero, it actually doubled or tripled.
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian >>>>>>>>>>>>> commodity vs
In some kind of societal collapse, it'd likely get taken by >>>>>>>>>>>>>>> looters and you'd be left with nothing for all your >>>>>>>>>>>>>>> efforts...
The looters won't come after your bitcoin?
crypto in a dire emergency is that one needs to be *told* >>>>>>>>>>>>> why/how
bitcoin has any value. You have to understand it; it is an >>>>>>>>>>>>> *intellectual* commodity.
The problem is that it's not a hedge against stock market >>>>>>>>>>>> crashes. So
hard to see any purpose & value other than speculation. >>>>>>>>>>> I know one thing, since you first predicted its price would >>>>>>>>>>> go to
Well, it can still go to zero... at least if Nasdaq AI crash >>>>>>>>>> happens,
the result will likely be very ugly.
newb move.
Not so with gold. It is to a very large degree a *sensual" >>>>>>>>>>>>> commodity, as anyone who has held a US Double Eagle in his/her >>>>>>>>>>>>> (their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here...
https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy >>>>>>>>>>> Be careful about FOMOing into an ongoing bull run. That's >>>>>>>>>>> usually a
I don't think it was a newb move really, I did put some
thought into
it. The thing is also that I have "too much" money in bonds & >>>>>>>>>> cash.
Anyway, asked Grok about it and it gave rather a good answer imo, >>>>>>>>>> touching about all relevant bullet points.
TT:
I bought gold at all time high few days ago, but only a small >>>>>>>>>> amount
compared to my portfolio size. Yes, I had some fomo, but I >>>>>>>>>> view it as
a starter position and plan to buy more if it pulls back
(which may
not happen for some time still). Tell me counter arguments to >>>>>>>>>> this
claim: "Be careful about FOMOing into an ongoing bull run. That's >>>>>>>>>> usually a newb move."
...also, do you think he has a point?
Grok:
Counterarguments to the Claim: "Be careful about FOMOing into an >>>>>>>>>> ongoing bull run. That's usually a newb move."
1. Strategic Entry with a Starter Position: Your approach of >>>>>>>>>> buying a
small amount as a starter position mitigates the risk of
FOMO- driven
overcommitment. By allocating only a small portion of your >>>>>>>>>> portfolio,
you're maintaining discipline and limiting exposure while still >>>>>>>>>> participating in the market. This is a calculated move, not a >>>>>>>>>> reckless
one driven by pure emotion.
2. Dollar-Cost Averaging Potential: Your plan to buy more if >>>>>>>>>> the price
pulls back aligns with a dollar-cost averaging strategy, which >>>>>>>>>> can
reduce the average cost per unit over time. This approach
demonstrates
foresight and patience, countering the idea that you're
impulsively
chasing the market.
3. Long-Term Perspective: Gold is often viewed as a hedge against >>>>>>>>>> inflation, currency devaluation, or economic uncertainty. If your >>>>>>>>>> purchase aligns with a long-term investment thesis (e.g., >>>>>>>>>> concerns
about fiat currency or geopolitical risks), buying at an all- >>>>>>>>>> time high
may not be as risky as it seems, especially if fundamentals >>>>>>>>>> support
further upside.
4. Market Timing is Difficult: Waiting for a pullback carries >>>>>>>>>> its own
risks, as markets can continue to rise longer than expected. By >>>>>>>>>> establishing a position now, you're ensuring exposure to
potential
gains while avoiding the regret of missing out entirely. This is >>>>>>>>>> particularly relevant if goldrCOs bull run is driven by strong >>>>>>>>>> macroeconomic factors (e.g., central bank buying, declining real >>>>>>>>>> yields).
5. FOMO vs. Conviction: Not all purchases during a bull run >>>>>>>>>> are driven
by FOMO. If your decision was based on research, such as goldrCOs >>>>>>>>>> historical role as a safe-haven asset or current market dynamics >>>>>>>>>> (e.g., rising debt levels, monetary policy shifts), itrCOs less >>>>>>>>>> about
chasing hype and more about acting on conviction.
6. Portfolio Diversification: If gold represents a small
portion of
your portfolio, as you mentioned, it serves as a
diversification tool
rather than a speculative bet. This reduces the risk of
overexposure
and aligns with prudent portfolio management, countering the >>>>>>>>>> "newb
move" critique.
Does the Claim Have a Point?
Yes, the claim has some merit, but itrCOs not universally
applicable. FOMO-driven investingrCobuying an asset solely >>>>>>>>>> because its
price is risingrCocan lead to poor decisions, especially if it >>>>>>>>>> results
in overpaying or neglecting risk management. Historically, >>>>>>>>>> buying at
all-time highs during euphoric market phases can lead to
losses if a
correction follows, as seen in various asset bubbles (e.g., >>>>>>>>>> dot-com
crash, crypto peaks). For gold specifically, its price can be >>>>>>>>>> volatile, and buying at a peak without a clear exit or risk >>>>>>>>>> management
strategy can be risky.
However, your situation differs from the typical "newb move." >>>>>>>>>> Your
small position size and plan to buy more on a pullback suggest a >>>>>>>>>> disciplined approach rather than blind FOMO. The claim
oversimplifies
the nuance of your strategy and assumes emotional
impulsiveness, which
doesnrCOt fully apply here. GoldrCOs bull run, as of October 2025, >>>>>>>>>> may
still have legs if driven by macroeconomic factors like
persistent
inflation or geopolitical tensions (though IrCOd need to check >>>>>>>>>> real- time
data to confirm current drivers). The key is whether your
investment
aligns with your risk tolerance and broader portfolio goals. >>>>>>>>>
price drops, to bring down the entry price.-a Otherwise you
could stay underwater for a long time. Probably gold won't
crash, but in that case such a small amount isn't going to do >>>>>>>>> you much good in the future either. If it was a super long-
term (generational) investment like Sawfish is talking about, >>>>>>>>> that's different as well.
Yes, the amount is too small at this point to have much of an
impact portfolio-wise... then again, little droplets make a
river. Yes, I'm prepared to invest more at it... whether the
price declines enough (the problem being what is enough /just
DCA gradually regardless of price movements / moving money from >>>>>>>> winners when they become even more risky than gold (expensive) >>>>>>>> etc.
Anyways, it's my most beautiful investment, that's for
sure. Apart from the bridge I bought.
A general open question for market investors--by this I mean
markets for investment instruments and commodities.
To me it looks like these markets are loaded with variables,
many of which are quite abstruse, with some entirely new
perturbations popping up unexpectedly.
Most of this is not subject to your control (or anyone's, often) >>>>>>> and they happen very fast, and often covertly.
This is a very hard financial environment to feel any comfort
in. Would you invest in personally owned real estate if the
opportunity arose?
Isn't real estate in US extremely expensive currently?
Naturally, you'd diversify between hard RE and market
investments. Right now I'm probably at about 60-70% hard RE, the >>>>>>> remainder in managed accounts--some retirement, some after-tax
brokerage portfolios. These scare me in a general sense. It does >>>>>>> not look to me like I have the level of insight and potential
control that it takes me to feel relatively calm.
If each type of investment was a dance, market investments would >>>>>>> be a hyper-frenetic Charleston, with hard RE is a very slow and
stately minuet.
You don't have to dance.
Few globally diversified index funds & bonds/cash, maybe little
gold - and just hold & do nothing.
Here's an interesting interview with Charlie Munger...
https://youtu.be/_4VWM0h1D00?si=W6IeCow-noOvuvtA
...Basically says that the most important thing when over 50 is
to avoid mistakes & greed, running after latest investing fads
etc. "Play defence, not offence"
How do cap gains taxes work in-a Finland?
In the US, simply put, for assets held > 1 year (long term cap
gain), it's 15% of the gain for those with income 600K or less,
20% for those above.
Basically 30% capital gains tax for stocks. The socialists are
trying everything in their power to avoid "unequal distribution of
wealth" - or in plain English they're trying to keep everybody
equally poor, and doing a great job at it.
So buy & hold is crucial when investing here, no point paying taxes
inbetween unnecessary "portfolio rebalancing" if your holdings have
increased a lot in value.
Have also a special investment account where you can do stock
picking etc better... paying capital gains tax only after you
withdraw money from the account, not immediately after the
sale. But you can transfer only 100k worth of euros to that
account.
favorably?-a -aIn-a the US, while working (earned assets, mostly--I'll
have to check) you can divert up to a certain-a amount per year into
either an IRA or 401K account that lets you put untaxed money in
these accounts. You must hold them until age 59.5 or pay penalties,
but after 59.5 you can with draw them and they are treated as
ordinary income and taxed at that rate.
Better still are Roths, where you can use a defined amount of
after-tax money to invest until 59.5 but after that when you
withdraw the money at any amount, any rate, it will be completely
tax free. This means that if you start such an account at age 25
(e.g.) and over 40 years of contributions totaling 500k of after-tax
money, and it has tripled to 1.5M, you could, all at one time,
withdraw all of it and pay no tax. In this scenario you'd be 65,
past 59.5.
These are *very* good programs for regular savers, forming a core of
late-life money.
Yes, that is perfect and no doubt a big reason for US stock market
success/prices as well.
Speaking of portfolios... I asked opinions from 3 different AI about
my portfolio. All said that I have too much Finland & China. Well yes,
China has some risks & Finland
The LLM is not your friend.-a You should treat it as a tool and a
potential adversary.
Now it can report back to its "handlers" about your precise portfolio,
use it to manipulate the market.-a And they have a little birdie that can sing in your ear and guide you to desired outcomes.
I wouldn't invest a penny in Finland.
In the short term, you might see
meager gains. Probably will. Any perspective beyond 5 years will see
pain pain pain. The "riikka" FUD has already killed the consumer. Next
up: doubling down on the same bet. This time with a vengeance. There
already is a budding consensus.
Poor tsuhnas. It's going to be decades of pain if even half of what
these guys are planning comes to fruitition. Then again, you deserve the leaders you deserve. What me worry.
I recommend applying to be an oblast again.
The LLM is not your friend.-a You should treat it as a tool and a
potential adversary.
Definitely.
Now it can report back to its "handlers" about your precise portfolio,
use it to manipulate the market.-a And they have a little birdie that
can sing in your ear and guide you to desired outcomes.
Tiny has too much night-time and little direction. He's cannon fodder
for these things.
Pelle Svansl||s kirjoitti 20.10.2025 klo 22.57:
I wouldn't invest a penny in Finland.
Yes, because you don't have it.
In the short term, you might see meager gains. Probably will. Any
perspective beyond 5 years will see pain pain pain. The "riikka" FUD
has already killed the consumer. Next up: doubling down on the same
bet. This time with a vengeance. There already is a budding consensus.
Poor tsuhnas. It's going to be decades of pain if even half of what
these guys are planning comes to fruitition. Then again, you deserve
the leaders you deserve. What me worry.
I recommend applying to be an oblast again.
To my recollection OMXH25 index companies average around 80% of their revenue from abroad. And pay large tax free dividends.
The LLM is not your friend.-a You should treat it as a tool and a
potential adversary.
Definitely.
Now it can report back to its "handlers" about your precise
portfolio, use it to manipulate the market.-a And they have a little
birdie that can sing in your ear and guide you to desired outcomes.
Tiny has too much night-time and little direction. He's cannon fodder
for these things.
Are you equally miserable in real life?
On 20.10.2025 23.13, TT wrote:
Pelle Svansl||s kirjoitti 20.10.2025 klo 22.57:
I wouldn't invest a penny in Finland.
Yes, because you don't have it.
In the short term, you might see meager gains. Probably will. Any
perspective beyond 5 years will see pain pain pain. The "riikka" FUD
has already killed the consumer. Next up: doubling down on the same
bet. This time with a vengeance. There already is a budding consensus.
Poor tsuhnas. It's going to be decades of pain if even half of what
these guys are planning comes to fruitition. Then again, you deserve
the leaders you deserve. What me worry.
I recommend applying to be an oblast again.
To my recollection OMXH25 index companies average around 80% of their
revenue from abroad. And pay large tax free dividends.
You and your daft percentages. Exports makes up less than half of the Finnish GDP. The other half can't exactly be igored.
Finland was supposed to have 100k more jobs during the "riikka" tenure. Instead it's 50k less. Unemployment is at levels it was during the 1990
and 2008 crises. But there is no comparable crisis ATM. The rest of the world has recovered from covid years ago. Every expert says the same:
It's the consumer confidence, stupid.
The LLM is not your friend.-a You should treat it as a tool and a
potential adversary.
Definitely.
Now it can report back to its "handlers" about your precise
portfolio, use it to manipulate the market.-a And they have a little
birdie that can sing in your ear and guide you to desired outcomes.
Tiny has too much night-time and little direction. He's cannon fodder
for these things.
Are you equally miserable in real life?
Just my honest observation. My guess is, you concur.
And gold just keeps on absolutely ROCKETING up. I'm starting to
get a
resurgence of fomo again... getting the newb urge to buy
more... *more* ... MORE!
TT <TT@dprk.kp> writes:
And gold just keeps on absolutely ROCKETING up. I'm starting to get a
resurgence of fomo again... getting the newb urge to buy
more... *more* ... MORE!
How's that 5%+ dip feeling today?
jdeluise kirjoitti 21.10.2025 klo 22.43:
TT <TT@dprk.kp> writes:
And gold just keeps on absolutely ROCKETING up. I'm starting to get a
resurgence of fomo again... getting the newb urge to buy
more... *more* ... MORE!
How's that 5%+ dip feeling today?
Loving it... bought a little more. Now I have 2%+ exposure.
Too much? :)))
Certainly wouldn't mind a flash crash to double/triple it.
TT kirjoitti 22.10.2025 klo 15.21:
jdeluise kirjoitti 21.10.2025 klo 22.43:
TT <TT@dprk.kp> writes:
And gold just keeps on absolutely ROCKETING up. I'm starting to get a
resurgence of fomo again... getting the newb urge to buy
more... *more* ... MORE!
How's that 5%+ dip feeling today?
Loving it... bought a little more. Now I have 2%+ exposure.
Too much? :)))
Certainly wouldn't mind a flash crash to double/triple it.
Having said that, my timing wasn't exactly optimal...
On 20.10.2025 23.13, TT wrote:
Pelle Svansl||s kirjoitti 20.10.2025 klo 22.57:
I wouldn't invest a penny in Finland.
Yes, because you don't have it.
In the short term, you might see meager gains. Probably will. Any
perspective beyond 5 years will see pain pain pain. The "riikka" FUD
has already killed the consumer. Next up: doubling down on the same
bet. This time with a vengeance. There already is a budding consensus.
Poor tsuhnas. It's going to be decades of pain if even half of what
these guys are planning comes to fruitition. Then again, you deserve
the leaders you deserve. What me worry.
I recommend applying to be an oblast again.
To my recollection OMXH25 index companies average around 80% of their
revenue from abroad. And pay large tax free dividends.
You and your daft percentages. Exports makes up less than half of the >Finnish GDP. The other half can't exactly be igored.
Finland was supposed to have 100k more jobs during the "riikka" tenure. >Instead it's 50k less. Unemployment is at levels it was during the 1990
and 2008 crises. But there is no comparable crisis ATM. The rest of the >world has recovered from covid years ago. Every expert says the same:
It's the consumer confidence, stupid.
The LLM is not your friend.-a You should treat it as a tool and a
potential adversary.
Definitely.
Now it can report back to its "handlers" about your precise
portfolio, use it to manipulate the market.-a And they have a little
birdie that can sing in your ear and guide you to desired outcomes.
Tiny has too much night-time and little direction. He's cannon fodder
for these things.
Are you equally miserable in real life?
Just my honest observation. My guess is, you concur.
In article <10d66i0$3db07$2@dont-email.me>,
Pelle Svansl||s <pelle@svans.los> wrote:
On 20.10.2025 23.13, TT wrote:
Pelle Svansl||s kirjoitti 20.10.2025 klo 22.57:
I wouldn't invest a penny in Finland.
Yes, because you don't have it.
In the short term, you might see meager gains. Probably will. Any
perspective beyond 5 years will see pain pain pain. The "riikka" FUD
has already killed the consumer. Next up: doubling down on the same
bet. This time with a vengeance. There already is a budding consensus. >>>>
Poor tsuhnas. It's going to be decades of pain if even half of what
these guys are planning comes to fruitition. Then again, you deserve
the leaders you deserve. What me worry.
I recommend applying to be an oblast again.
To my recollection OMXH25 index companies average around 80% of their
revenue from abroad. And pay large tax free dividends.
You and your daft percentages. Exports makes up less than half of the
Finnish GDP. The other half can't exactly be igored.
Finland was supposed to have 100k more jobs during the "riikka" tenure.
Instead it's 50k less. Unemployment is at levels it was during the 1990
and 2008 crises. But there is no comparable crisis ATM. The rest of the
world has recovered from covid years ago. Every expert says the same:
It's the consumer confidence, stupid.
The LLM is not your friend.-a You should treat it as a tool and a
potential adversary.
Definitely.
Now it can report back to its "handlers" about your precise
portfolio, use it to manipulate the market.-a And they have a little >>>>> birdie that can sing in your ear and guide you to desired outcomes.
Tiny has too much night-time and little direction. He's cannon fodder
for these things.
Are you equally miserable in real life?
Just my honest observation. My guess is, you concur.
I can see that some of you are pretty savvy about managing funds. I want to be. How do I get started?
I can see that some of you are pretty savvy about managing
funds. I want to be. How do I get started?
bmoore@nyx.net (bmoore) writes:
I can see that some of you are pretty savvy about managing funds. I
want to be. How do I get started?
It's easy.-a Buy low, sell high ;)
On 10/25/25 11:22 AM, jdeluise wrote:
bmoore@nyx.net (bmoore) writes:
I can see that some of you are pretty savvy about managing funds. I
want to be. How do I get started?
It's easy.-a Buy low, sell high ;)
Assuming that one did not buy at a peak, but perhaps at a mid/high
plateau, you just have to wait out the market to sell at a profit--
always assuming that one deeply believes that markets will always trend
up for the duration of their lives. But people do routinely sell at a
loss from that mid-plateau position, and so the question becomes: why?
What motivates them to sell at a loss?
Assuming that they are liquidating because they *need* the money in
cash, for immediate use (which means that you used liquid or semi-liquid assets to speculate into a volatile market, hoping for a quick return),
they lose patience waiting for their expected return, and so convince themselves to move to something else, similarly expecting a return
within a sort of closed-end time frame from the new position.
Sawfish kirjoitti 26.10.2025 klo 3.13:
On 10/25/25 11:22 AM, jdeluise wrote:
bmoore@nyx.net (bmoore) writes:
I can see that some of you are pretty savvy about managing funds. I
want to be. How do I get started?
It's easy.-a Buy low, sell high ;)
Assuming that one did not buy at a peak, but perhaps at a mid/high
plateau, you just have to wait out the market to sell at a profit--
always assuming that one deeply believes that markets will always
trend up for the duration of their lives. But people do routinely sell
at a loss from that mid-plateau position, and so the question becomes:
why? What motivates them to sell at a loss?
Assuming that they are liquidating because they *need* the money in
cash, for immediate use (which means that you used liquid or
semi-liquid assets to speculate into a volatile market, hoping for a
quick return), they lose patience waiting for their expected return,
and so convince themselves to move to something else, similarly
expecting a return within a sort of closed-end time frame from the new
position.
I guess so, at least I personally got impatient with long duration euro bonds and sold them at a 10% loss. I did put the money to better use,
such as catching a falling knife on gold. :)
Some are probably afraid that they'll lose it all, it never recovers.
Also some tax loss harvesting may be at play... I'm not that fond of the idea of balancing wins with locking in losses.
Some think that they sell now and buy back in later after it's gone more down.
Often times probably just panic.
Sawfish kirjoitti 26.10.2025 klo 3.13:
On 10/25/25 11:22 AM, jdeluise wrote:
bmoore@nyx.net (bmoore) writes:
I can see that some of you are pretty savvy about managing funds. I
want to be. How do I get started?
It's easy.-a Buy low, sell high ;)
Assuming that one did not buy at a peak, but perhaps at a mid/high
plateau, you just have to wait out the market to sell at a profit--
always assuming that one deeply believes that markets will always
trend up for the duration of their lives. But people do routinely sell
at a loss from that mid-plateau position, and so the question becomes:
why? What motivates them to sell at a loss?
Assuming that they are liquidating because they *need* the money in
cash, for immediate use (which means that you used liquid or semi-
liquid assets to speculate into a volatile market, hoping for a quick
return), they lose patience waiting for their expected return, and so
convince themselves to move to something else, similarly expecting a
return within a sort of closed-end time frame from the new position.
I guess so, at least I personally got impatient with long duration euro bonds and sold them at a 10% loss. I did put the money to better use,
such as catching a falling knife on gold. :)
Some are probably afraid that they'll lose it all, it never recovers.
Also some tax loss harvesting may be at play... I'm not that fond of the idea of balancing wins with locking in losses.
Some think that they sell now and buy back in later after it's gone more down.
Often times probably just panic.
On 10/25/25 11:22 AM, jdeluise wrote:
bmoore@nyx.net (bmoore) writes:
I can see that some of you are pretty savvy about managing funds. I
want to be. How do I get started?
It's easy.-a Buy low, sell high ;)
Assuming that one did not buy at a peak, but perhaps at a mid/high
plateau, you just have to wait out the market to sell at a
profit--always assuming that one deeply believes that markets will
always trend up for the duration of their lives. But people do routinely >sell at a loss from that mid-plateau position, and so the question
becomes: why? What motivates them to sell at a loss?
Assuming that they are liquidating because they *need* the money in
cash, for immediate use (which means that you used liquid or semi-liquid >assets to speculate into a volatile market, hoping for a quick return),
they lose patience waiting for their expected return, and so convince >themselves to move to something else, similarly expecting a return
within a sort of closed-end time frame from the new position.
This can be combated if the original position yields an income stream,
like a meaningful dividend. With this the investor can continue to hold, >waiting for a delayed uptick, since they can always tell themselves that
the dividend is paying them to wait for the uptick.
That's fine. The equities that produce an income stream are
comparatively costly to get into as opposed to positions devoid of
equity, but dividends *do* give the investor more stamina.
And actual real estate positions, whose raison d'etre *is* cashflow, pay
you to wait as long as it takes. The reason that I think they don't
appeal to the smaller scale investor is that the minimum amount to >participate directly in the RE market is pretty high as compared to >equities/commodities/bonds/funds/etc. They are less liquid, too, often.
And there are seldom huge and rapid increases in value.
Mainly, everyone seeks out an area they feel comfortable in. Or they
don't invest, at all.
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