I mean if you have NVIDIA at all yeah sell it and put it into a diversified fund and maybe also some gold. Putting a ton of money into just one company is usually a bad idea, and doubly so when that company is at the nexus of potentially the largest stock market bubble of the post-war period.
it’s all good most of my investments are in etfs, but I play a bit of fun money in stocks and crypto wondering if it’s time to get into direct commodities lol
Ah got it, removed gambling money. Yeah tbh I think gold has a lot more to run. The Chinese and Russian central banks are not going to stop buying gold anytime soon. Even as late as 1980 the international holdings of central banks was 60℅ gold. As of today it’s only 23%, but the first time since the 90s that that number is higher than US Treasuries. Don’t think that’s slowing down.
That said I think gold is probably also a bubble rn driven by crazy retail buying, but between AI bubble and gold bubble I choose gold.
Personally I was going to buy and hold through revolut if you know what that is? through them and other banks and certain financial institutions you can buy what are essentially fractional shares in silver, gold or platinum and they charge iirc < 1% of the market price for the buy and hold it for free, and provide a mechanism for selling it later on
Should I sell my NVIDA and stick it in gold?
At least a portion why not
I mean if you have NVIDIA at all yeah sell it and put it into a diversified fund and maybe also some gold. Putting a ton of money into just one company is usually a bad idea, and doubly so when that company is at the nexus of potentially the largest stock market bubble of the post-war period.
it’s all good most of my investments are in etfs, but I play a bit of fun money in stocks and crypto wondering if it’s time to get into direct commodities lol
Ah got it, removed gambling money. Yeah tbh I think gold has a lot more to run. The Chinese and Russian central banks are not going to stop buying gold anytime soon. Even as late as 1980 the international holdings of central banks was 60℅ gold. As of today it’s only 23%, but the first time since the 90s that that number is higher than US Treasuries. Don’t think that’s slowing down.
That said I think gold is probably also a bubble rn driven by crazy retail buying, but between AI bubble and gold bubble I choose gold.
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I was gonna do that but it turns out… like… how the fuck do you put money in gold other than straight buying gold shit?
Personally I was going to buy and hold through revolut if you know what that is? through them and other banks and certain financial institutions you can buy what are essentially fractional shares in silver, gold or platinum and they charge iirc < 1% of the market price for the buy and hold it for free, and provide a mechanism for selling it later on
nope never heard of them but thanks for the info, ill check it out
please dont ever stick more than you can afford to lose into this or any other stock/crypto or whatever asset, it’s all essentially gambling
yep for sure