Have to agree with the Parkers (and Lugers Walthers as well as other unmessed with pre war/war time guns) for investment but NOT the S&P !

To answer your gold vs stocks question gold has way outperformed stocks (180% vs 16.7% since 1999).
http://news.goldseek.com/EuroCapital/1129298400.php
The market IMO,as well as many others will retest the lows and maybe,if we are lucky trade flat for the year.This is NOT a market for investors and selling into any ralley will be the prudent move.
Buy and hold is a fast way to lose money in this market.If you trade,and can hedge(write calls,sell puts) you might do ok.Commodities same,you can do them with ETF's and hedge as well.
I have a few MLP(like ETP, KPM and adding to LINE) that are keeping me from working for a living and the distributions are not taxed as high as those dividends (The great messiah will be letting that tax cut expire)

Otherwise money is safer in bank of sealy!





Last edited by Dave K; 01/03/09 07:30 PM.
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