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Thread: if you had 10,000 to invest

  1. #41
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    Quote Originally Posted by iris lilies View Post
    I’ll dump all of my money in bitcoin when Ldahl does the same.
    All my capital is tied up in tulip bulbs right now.

  2. #42
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    Quote Originally Posted by Xmac View Post
    Bitcoin wil outperform any and all asset classes, all claims of bubble notwithstanding. I said it on this forum years ago when it was worth less than $200. 10,000 invested then would now be well over 100,000.
    I see Bitcoin is now at 3,330. I recently read the cost of “mining” BTC is around 5,000. Are we approaching the twilight of crypto?

  3. #43
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    I still don't understand bitcoin so I don't know, are we?
    I bought a Vanguard index fund for my son and he bought a share of Amazon. His Amazon is up 44% and the index fund is up 4.18%. Early in the year, he was up about 20% since we bought for him, a little over a year ago. Now the account is up 9%, since the first buy in October 2017, since the Vanguard has gone down so much in the last couple of months.

    I discussed it with him and told him what various people had said to do. He decided that Bae was the one he wanted to listen to since he probably had the most money of anyone weighing in. I thought that showed good instincts, to model one's behavior on the goal one wanted to reach, in lieu of any other definitive information. As in, if you want to get somewhere, follow a role model who is already there.

    I thought that was smart of him. I picked the Vanguard index since I understood better how to do that.

    The Amazon was his own addition, using logic. He still has some cash since he is so loss-averse; he wanted to leave some in cash.

  4. #44
    Senior Member iris lilies's Avatar
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    Quote Originally Posted by LDAHL View Post
    All my capital is tied up in tulip bulbs right now.
    Still hilarious a year later.

    I am making an educational display for the next flower show about the Dutch tulip speculation phoenomena. It will be pretty! The theme of the show is “Lifestyles of the Rich and Famous.”

  5. #45
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    Martha Stewart built a fortune on that kind of beauty, so really, were the Dutch that far off? Prettier than bitcoin, which reminds me of the Matrix.

  6. #46
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    Quote Originally Posted by iris lilies View Post
    Still hilarious a year later.

    I am making an educational display for the next flower show about the Dutch tulip speculation phoenomena. It will be pretty! The theme of the show is “Lifestyles of the Rich and Famous.”
    Lifestyles of the Rich and Bulbiferous?

  7. #47
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    As Will Rogers said,

    Buy stocks that are going to go up. If they don't go up, don't buy.

  8. #48
    Senior Member iris lilies's Avatar
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    Quote Originally Posted by LDAHL View Post
    Lifestyles of the Rich and Bulbiferous?
    Ok, I’m not sure that worked.

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