Comments on: Investment Outlook for 2008 http://www.1stMillionAt33.com/2008/01/investment-outlook-for-2008/ A site to share my tips, tools, and humble thoughts on the journey to wealth Tue, 27 Jul 2010 22:24:37 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Darren http://www.1stMillionAt33.com/2008/01/investment-outlook-for-2008/comment-page-1/#comment-3716 Darren Thu, 03 Jan 2008 04:00:55 +0000 http://www.1stMillionAt33.com/2008/01/investment-outlook-for-2008/#comment-3716 The dollar is expected to rebound mid 2008, but yes historicaly it trades opposite the US$. It's considered the 3rd reserve currency as of today. If you want to own GLD, hold it in a retirement account to avoid the tax consequences. Its taxed as a collectable, not a normal stock. disclosure: I own 20 ounces of bullion and will sell 5-10 ounces in March to rebalance my portfolio. my 2 cents, Darren The dollar is expected to rebound mid 2008, but yes historicaly it trades opposite the US$. It’s considered the 3rd reserve currency as of today.

If you want to own GLD, hold it in a retirement account to avoid the tax consequences. Its taxed as a collectable, not a normal stock.

disclosure: I own 20 ounces of bullion and will sell 5-10 ounces in March to rebalance my portfolio.

my 2 cents,

Darren

]]> By: pacman http://www.1stMillionAt33.com/2008/01/investment-outlook-for-2008/comment-page-1/#comment-3715 pacman Wed, 02 Jan 2008 09:59:45 +0000 http://www.1stMillionAt33.com/2008/01/investment-outlook-for-2008/#comment-3715 Would GLD be a decent way of playing Gold as a hedge against a falling dollar ? Would GLD be a decent way of playing Gold as a hedge against a falling dollar ?

]]> By: Todd http://www.1stMillionAt33.com/2008/01/investment-outlook-for-2008/comment-page-1/#comment-3713 Todd Wed, 02 Jan 2008 03:27:29 +0000 http://www.1stMillionAt33.com/2008/01/investment-outlook-for-2008/#comment-3713 Good post. The real estate market is a buyer's market right now, so investing in real estate property (residential) would be a good decision. Especially with all the foreclosures, sellers are desparate to sell. Good post. The real estate market is a buyer’s market right now, so investing in real estate property (residential) would be a good decision. Especially with all the foreclosures, sellers are desparate to sell.

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