If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Yahoo)   Investment question of the day: Would you rather own 1 ounce of gold or 3 shares of Apple?   (finance.yahoo.com) divider line 60
    More: Advice, index funds, currency devaluations, investments, Lee Munson, John Smith, Dow Jones Industrial Average, gold  
•       •       •

846 clicks; posted to Business » on 05 Jun 2012 at 11:33 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



60 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

Archived thread

First | « | 1 | 2 | » | Last | Show all
 
2012-06-05 11:36:59 AM
Gold. Others disagree I'm sure.
 
2012-06-05 11:37:07 AM
Trick question, they both weigh the same.
 
2012-06-05 11:37:15 AM
Neither
 
2012-06-05 11:39:58 AM
you left out the part about the pope shiatting in the woods or something
 
2012-06-05 11:44:10 AM
I'll take the lasagna.
 
2012-06-05 11:44:54 AM
I would take 1 oz of Apples, which I would then eat. Because I am hungry right now and can eat neither of the things in the headline without exchanging it.
 
2012-06-05 11:48:27 AM
Take the gold for the following reasons:
Euro crash will result in a flight to safety;
In light of the upcoming presidential election, quantitative easing #3 et al is right around the corner;
In light of the upcoming presidential election, the war drums will be beaten which will drive the rush to gold;
The dollar is already showing some signs of losing its status as the world's reserve currency.
The economy is already showing signs of our proliferate money printing (debasement of our currency)-food prices etc

/not a gold bug
/in the process of moving my investments from equities to more weight in the real estate sector (Farm land and Austin area for example)

/the above is not to be construed as investment advice-just one guy's opinion
 
2012-06-05 11:50:05 AM
Apple, no question. When Obama loses, stocks will skyrocket and gold will plummet.
 
2012-06-05 11:50:56 AM
In some post-apocalyptic scenario where gold is king, it'd be nice to have, but I wouldn't be any more screwed than any of the other 299 million Americans with no gold.

And, honestly, even owning a gun or two, I'm not really in a position to defend a gold hoard if it came down to it. Not actually a hardcore warrior.

So, since there's limited downside in the pessimist 'gold wins' scenario ("I'm in the same boat as everyone else"), I might as well invest for the optimistic case.
 
2012-06-05 11:52:38 AM
For posterity's sake (I'd love to think we will re-visit this thread in a year and declare some winners and losers):

3 shares of AAPL: 1685.55
1 oz gold: 1615.49
 
2012-06-05 11:54:36 AM
I would take either... right now I only have two plug nickels to rub together so having either would be lightyears beyond my current standing.
 
2012-06-05 11:54:56 AM

GoodyearPimp: Gold. Others disagree I'm sure.


And yet owning Gold or any other precious medal doesn't produce anything. You are entirely relying on someone else wanting that shiny piece of metal.

/owning a gun, tons of ammo, and knowing how to survive is infinitely more valuable than having lots of shiny rocks
 
2012-06-05 11:56:28 AM
Gold IS shiny, so....

As far as the dollar's status as the world's reserve currency, the dollar has strengthened against pretty much everything else recently. I suspect it's safe given the turmoil in the eurozone.

Im also shooting for November to dump my pumpkin futures.
 
2012-06-05 11:59:54 AM
Pumpkin futures. Should peak around November.
 
2012-06-05 12:00:47 PM

Thank You Black Jesus!:
Im also shooting for November to dump my pumpkin futures.


You're the worst...
 
2012-06-05 12:01:27 PM
Gold doesn't pay dividends.
 
2012-06-05 12:09:23 PM

Lawnchair: In some post-apocalyptic scenario where gold is king,


You obviously aren't very familiar with your post-apocalyptic scenarios.

www.gamesniped.com
 
2012-06-05 12:11:33 PM
The dollar is getting stronger as the Euro falters and depositors pull out of Greece and Spain. As a result, the price of gold is falling. People are flying to safety, but that safety is the dollar; not gold. Apple's been relatively stable since it crashed at the end of 2008, and as has been pointed out already, pays dividends.
 
2012-06-05 12:12:32 PM
AAPL. No question. Of course, I'd probably sell it either during or immediately after WWDC next week...
 
2012-06-05 12:15:05 PM
Here is a better question: I inherited a bunch of gaudy gold jewelry I will never wear. Have no idea as to the quality but there are a couple of pretty heavy pieces including a large gold bracelet. I will never wear gold so do I hold on to the stuff or go ahead and try to sell it? If I do sell it, where should i get to not get ripped off?
 
2012-06-05 12:17:23 PM
Hold the tip of your tongue and say I'm an apple.

TEEHEEHEEHEEHEE!


There was an interesting article in the Sunday Times about picking stocks after the Facebook IPO fiasco. The kicker was that the stock that made the most in annualized returns over the last thirty years was (and I never would have guessed this) Home Depot.
 
2012-06-05 12:19:44 PM

GoodyearPimp: For posterity's sake (I'd love to think we will re-visit this thread in a year and declare some winners and losers):

3 shares of AAPL: 1685.55
1 oz gold: 1615.49


Apple is less overvalued, IMO
 
2012-06-05 12:20:24 PM
I'm pretty sure AAPL doesn't pay dividends. Microsoft does though...
 
2012-06-05 12:22:01 PM

Brontes: I'm pretty sure AAPL doesn't pay dividends.


They're about to.
 
2012-06-05 12:28:33 PM
AAPL, since they're about to pay dividends.

Not gold because it looks like we're starting the bull trap phase.
 
2012-06-05 12:42:31 PM
i280.photobucket.com
"...but then I thought, if I bought 1 oz of Jamaican Gold, I'd be better off in the long run, cause the high from that stuff takes hours to wear off, and the american Apple, if I had had 3 shares of that man, that would be good too, because that stuff, like, pays wicked dividends, man, you give a toke of that to some random dude at a beach party, BAM, you got a friend for life man."


/auto-play video? BAD subby
 
2012-06-05 12:55:48 PM
Virtually every hedge fund of any note has spent the last 6 months loading up on AAPL, so when they start selling its going to get ugly. Not much place to go except down.

vs

Gold, which will continue to increase in value due to the continued money printing.
 
2012-06-05 12:56:10 PM
Gold, but only if you physically own it. If the gold you own is only on paper, it's worthless.
 
2012-06-05 12:57:35 PM

ModernPrimitive01: Here is a better question: I inherited a bunch of gaudy gold jewelry I will never wear. Have no idea as to the quality but there are a couple of pretty heavy pieces including a large gold bracelet. I will never wear gold so do I hold on to the stuff or go ahead and try to sell it? If I do sell it, where should i get to not get ripped off?


cash4gold.com Is pretty reputable I believe...
 
2012-06-05 01:05:41 PM

Thank You Black Jesus!: Gold IS shiny, so....


But iPhones are ALSO shiny. And it has pictures on it that sometimes move.
 
2012-06-05 01:11:10 PM

ModernPrimitive01: Here is a better question: I inherited a bunch of gaudy gold jewelry I will never wear. Have no idea as to the quality but there are a couple of pretty heavy pieces including a large gold bracelet. I will never wear gold so do I hold on to the stuff or go ahead and try to sell it? If I do sell it, where should i get to not get ripped off?


These guys:

media.avclub.com
 
2012-06-05 01:20:16 PM

thurstonxhowell: Brontes: I'm pretty sure AAPL doesn't pay dividends.

They're about to.


Once every 17 years isn't really a reliable dividend stream.

/A dividend of $2.65/share means my dividends will be.............carry the 1............$2.65.
 
2012-06-05 01:21:47 PM

ModernPrimitive01: Here is a better question: I inherited a bunch of gaudy gold jewelry I will never wear. Have no idea as to the quality but there are a couple of pretty heavy pieces including a large gold bracelet. I will never wear gold so do I hold on to the stuff or go ahead and try to sell it? If I do sell it, where should i get to not get ripped off?


Find a local, reputable jewelry store in your area and see if they will purchase it. If it sounds crazy lowballing, get a second opinion. Its not like you have to take their offer.

Of go to one the gold buying places that are springing up in the malls. I'm sure their 3 month record of renting expensive mall space means they are trustworthy.
 
2012-06-05 01:25:44 PM
A brick of Peruvian cocaine.
 
2012-06-05 01:30:34 PM
Take the gold

Put it in a sock

Use sock to beat up nerds for their lunch money.
 
2012-06-05 01:37:23 PM
I know where I'm putting my money:
img585.imageshack.us
 
2012-06-05 02:05:02 PM
Time frame?

Short term...gold.

Medium term...apple.

Long term...gold.

Gold will still be here in 1000 years, Apple wont.
 
2012-06-05 02:33:09 PM

my_cats_breath_smells_like_cat_food: I would take 1 oz of Apples, which I would then eat. Because I am hungry right now and can eat neither of the things in the headline without exchanging it.


i.qkme.me

/hotlink
 
2012-06-05 02:52:24 PM
Ammo and canned cat food.
 
2012-06-05 03:02:54 PM

Brontes: I'm pretty sure AAPL doesn't pay dividends. Microsoft does though...


You sound like a savvy investor
 
2012-06-05 03:52:05 PM
What's gold's P/E ratio?
 
2012-06-05 03:55:43 PM
Assuming they are at least relatively close in terms of value, I would say gold.
I am one of those people that thinks that Apple was held together with duct tape. That duct tape was Steve Jobs. Without him, they are a half-ass company. New motto, "That'll do"
 
2012-06-05 04:14:35 PM

impaler: What's gold's P/E ratio?




How much has the S&P increased from where it was 10 years ago?
 
2012-06-05 04:16:49 PM
I'll take the third choice. 3 golden apples
 
2012-06-05 04:45:16 PM

Goodfella: impaler: What's gold's P/E ratio?


How much has the S&P increased from where it was 10 years ago?


1280 today vs 1060 10 years ago. Why?
 
2012-06-05 05:23:03 PM

gingerjet: GoodyearPimp: Gold. Others disagree I'm sure.

And yet owning Gold or any other precious medal doesn't produce anything. You are entirely relying on someone else wanting that shiny piece of metal.

/owning a gun, tons of ammo, and knowing how to survive is infinitely more valuable than having lots of shiny rocks


They're minerals.
hank.jpg
 
2012-06-05 06:30:37 PM
have 10 shares of appl...

screw gold.
 
2012-06-05 06:43:29 PM

Debeo Summa Credo: GoodyearPimp: For posterity's sake (I'd love to think we will re-visit this thread in a year and declare some winners and losers):

3 shares of AAPL: 1685.55
1 oz gold: 1615.49

Apple is less overvalued, IMO


I have by no means done enough research to bet my own money on this (e.g. I'm not sure what their market cap is), but, just to be clear, you think a company sitting on $112 billion in cash, who made more profit last quarter than Google took in in revenue, and who (from what I can tell) has started issuing dividends is overvalued in comparison to gold?

For my own edification would you care to explain this opinion further?
 
2012-06-05 07:01:34 PM
Frowns upon AAPL

starcasm.net
 
2012-06-05 07:07:17 PM
Was going to buy apple at the end of 2005 when it was trading at 75.08.

Was going to buy a thousand shares.

Was also going to buy a thousand from google.

Still have the email from my money manager saying it "didn't fit my portfolio" and it was overvalued. He didn't buy.

sonofabiatch

/i know i should have done it myself but in my defense, i was a youngin' at the time and didn't know how to buy stock
//still dont
 
Displayed 50 of 60 comments

First | « | 1 | 2 | » | Last | Show all

View Voting Results: Smartest and Funniest


This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »






Report