Saw this on another financial forum and figured it might be fun here: 2018 is coming to a close. Which would you rather have for the next year: 10 silver 1oz bullion coins (we can say ASE or kangaroos or anything that goes for roughly spot +10%) or 1 share of APPL stock ($171 USD as of today) One word answers are fine, or you can give a one sentence explanation if you like. Keep it short. Always fun to check back in a year.
Three cartons of Asahi. On second thoughts, that might not make it until 2019. Going to go with 10x bullion coins.
I would go with the coins. At the end of the year if silver has somehow not managed to go to the moon, I will have 10 Christmas presents already bought.
I would take the APPL stock. Apples a great company with great products and unless they do something silly to destroy their brand they will survive and pump out more and more high end products every year and that means the stock price will only go up.
I took the silver. I'd normally bet on a good stock for more growth, but silver's been down and the stock market up up up for awhile now.
Calling this one... both are up in value, but the iphone maker is the winner by a good margin. After a year: 10x bullion (ASE, kanga, etc) = rougly $195 USD (spot price @$17 + premium... silver seesawed to spike in fall but drop back) One Apple stock share AAPL = $275 USD (went pretty steadily up all year ...will try to post a new gold or silver forecasting challenge for the new year. Enjoy the winter holidays
I wonder if the China communist party will kill iPhone sales in that market soon? Apple has plenty of money but faces headwinds, once China bans foreign computers and forces the country to use domestic brands only there will likely be huge disruption in that part of the world markets.
it's a bad image to be using iphone the association of bribe money in China biltong is better than rotten apple trillion dollar company, can it be 2 trillion ? like Aramco etc
I'd rather have the undervalued real thing than the overinflated fake thing. Stocks are a disaster waiting to happen.