RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Let's put this into PerspectiveCurvature wrote: Schill If you invest 50k dollars the risk is the same no matter what you pay for the stock ie if you paid a buck and it goes to 0 or you paid .10 and it goes to 0. Zero is Zero so your risk is your investment 50k.
Following this argumentation buying physical gold is ar the same risk as buying a house and buying a car and buying stocks and buying treasuries:
if the gold is stolen, the risk is 100%. If a fire or earthquake happens, the loss is 100%. Buying a car and driving on a road: risk 100%.
Even the whole life is all the time at a risk of 100% loss.
I do not view it that way.
I think the lower the price paid compared to several metrics, the better the deal is and therefore, the lower the risk.
Buying 100.000 shares of GCU at C$4 or C$2 was much more risky than buying 100.000 shares at current prices.