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Investing/Strategies / Bonds & Fixed Income Investments
|Subject: Re: Implications of Fed pause||Date: 8/13/2006 12:52 AM|
|Author: dueyafa||Number: 17812 of 35379|
I think a key question, duey, is what are you intereted in Merk for?
Currently is not an 'investment' in the traditional sense. It will not grow in value, it will not pay you back. Currently trading is a zero sum game. The 'average' investor will gain nothing. Its not something that will naturally increase in value over the long haul like the market or real estate or pay you for your investment like bonds.
On another board you were talking about home savings, for which this seems completely inappropriate to me. So I hope that's not it.
It seems telling to me that the main page says "The Fund may be appropriate for you if you are pursuing a long-term goal with a hard currency component to your portfolio." Well, are you? Do you know what a 'hard currency component' means? (I'm not being insulting, I don't really. If so, do you know why, do you know the pros and cons?
I won't say no, but I'd sure like to know 'why' first.
Hello Delta and All,
Just to let you know, having spent 20 years in the military (not to mention a bad marriage), you'd be hard-pressed to insult, although I do appreciate your courtesy. Truly.
As I'd mentioned on the other board, the approach that suits me well is to simply "ask the question." Whether to "make 'em tell you NO!, while hoping for an affirmative" -- an oft-used technique in the military, at least it worked for me.
Or, presently because I am interested in hearing what the experience of the boards have to say, if anything at all. Lurking is tough, discussion is better and yet the boards do NOT lend themselves to direct discussion, like a telephone, for example.
So, I'll simply "ask the question," regardless of appearances. Appearances are for cake-eaters, IM(not so)HO.
Moreover, I appreciate folks that reply consistently because there is an element of steadiness and dependability.
So, with all of that being said, I can tell you that I have learned quite a bit from your reply and I do appreciate it.
For starters, you've told me "It will not grow in value, it will not pay you back. Currently trading is a zero sum game. The 'average' investor will gain nothing. Its not something that will naturally increase in value over the long haul like the market or real estate or pay you for your investment like bonds."
Where did you see all of that? I find all of this odd. Am I even an "average" investor? Probably not.
I spent more time looking and listening @ that site than I care to admit and (taken with a grain of salt), learned more from you in less than two minutes.
How cool is that? So, this is probably not something I'm after, taken at face value.
Now, do I know what a hard currency component is? Nope.
But, in nosing around I did notice this might "mitigate downside risk in or profit from a secular bear market." I have a feeling this might be where we're headed.
And, I saw some discussion with regard to foreign currency on this thread.
No more, no less. So, I inquired on this thread -- simply willing to learn the best way I know.
And look who replied. Delta. How cool is that?
Thanks, man. Thank you kindly.
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