Investing General Discussion

Omayga

Omayga

Lord Nagafen Raider
186
123
most of the larger online places are SELLING silver at 29-30 per oz but are only BUYING at 23-24 per oz

the spread seems to always be 20-40% so you need a massive movement in silver to make any profit if you have bought in the last 5-10 years

if you have older silver you can make some bank though if your basis is really low in it
 
  • 1Like
Reactions: 1 user
Borzak

Borzak

Bronze Baron of the Realm
24,601
31,908
Gravel said:
Maybe now is the time I finally sell all my pre-1965 quarters. Don't remember how many I have, but it was about $700 worth a few years ago.
Click to expand...

That's how I got a lot of mine. Worked retail in high school and pocketed all the silver turned in and exchanged them, company didn't mind. Took them to the coin shop and exchanged them for silver rounds back then.
 
  • 2Like
Reactions: 1 users
Borzak

Borzak

Bronze Baron of the Realm
24,601
31,908
Omayga said:
most of the larger online places are SELLING silver at 29-30 per oz but are only BUYING at 23-24 per oz

the spread seems to always be 20-40% so you need a massive movement in silver to make any profit if you have bought in the last 5-10 years

if you have older silver you can make some bank though if your basis is really low in it
Click to expand...

Silver eagles are buying and selling for a higher amount over spot than they have in my lifetime compared to other types.
 
Sanrith Descartes

Sanrith Descartes

Veteran of a thousand threadban wars
<Aristocrat╭ರ_•́>
41,467
107,518
finance.yahoo.com

Nikola Announces $100.0 Million Public Offering of Common Stock

Nikola Corporation (Nasdaq: NKLA) today announced that it has commenced an SEC-registered underwritten public offering of up to $100.0 million of shares of its common stock, before deducting underwriting discounts and commissions and other offering expenses. Nikola expects to grant the...
finance.yahoo.com finance.yahoo.com


Black Ink Crew Laughing GIF by VH1
 
Mist

Mist

Eeyore Enthusiast
<Gold Donor>
30,396
22,170
Jysin

Jysin

Ahn'Qiraj Raider
6,273
4,017
Banking crisis over, right?

Morgan Stanley downgrades Schwab (SCHW) yesterday and mentions its vulnerable to bank runs, forced to sell securities at a loss.

Chart looks like a red waterfall the last 2 days.
 
  • 1Like
Reactions: 1 user
Sanrith Descartes

Sanrith Descartes

Veteran of a thousand threadban wars
<Aristocrat╭ರ_•́>
41,467
107,518
AAPL, CRM, META and MSFT all hitting 26-week highs this morning. Big Tech finally reasserting itself?
 
Sanrith Descartes

Sanrith Descartes

Veteran of a thousand threadban wars
<Aristocrat╭ರ_•́>
41,467
107,518
Jysin said:
Banking crisis over, right?

Morgan Stanley downgrades Schwab (SCHW) yesterday and mentions its vulnerable to bank runs, forced to sell securities at a loss.

Chart looks like a red waterfall the last 2 days.
Click to expand...
Yeah I have been watching Schwab. Its not small and its got $7T in AUM (+/-)
 
Sanrith Descartes

Sanrith Descartes

Veteran of a thousand threadban wars
<Aristocrat╭ರ_•́>
41,467
107,518
Big Phoenix said:
As well as nvda.

Also fucking schwab.
Click to expand...
Forgot the Chipmaster. Only like 3% from setting a new high.

edit: Forgot to add, NVDA was $275 (current price) on 1/3/2022. If you didnt panic sell in those summer months of 2022 and held tight, you rode out the storm and came out on the other side today. Quality stocks you just have to strap in for the long ride. Bonus points if you were adding the NVDA down around $130 or less.
 
  • 1Like
Reactions: 1 user
Sanrith Descartes

Sanrith Descartes

Veteran of a thousand threadban wars
<Aristocrat╭ರ_•́>
41,467
107,518
Buy and hold is your friend.

3-year performance chart. From the Covid low to today. +46% up from the bottom.

1680281047873.png
 
  • 3Like
Reactions: 2 users
You must log in or register to reply here.