2 years ago, I was fresh out of college. I had a lot credit card debts, stuff I needed to buy that hadn't had a chance to do in college. Even with me owing money, I was able to buy a gold onze. I told everyone, I printed out articles about how gold raises its value during uncertain economic times, I knew Bush was going to get the entire economy unstable making gold to raise it's value. I tried convincing my parents to buy gold, I tried convincing my sisters, I tried convincing my co-workers. I was so frustrated I knew what was coming, and I didn't money to buy gold. Two years later, gold doubled its value. I'm out of debt, I have money, I could invest in gold now, but I just don't see it raising it's value at this time. I tell everyone how if they had listened to me, they would've doubled their money, but that doesn't change the fact, I didn't have money back when it was a great time to invest.
And no one believed my very well researched forecast.
2006-06-19
09:08:12
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11 answers
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asked by
Anonymous
in
Investing