What kind of PM investor are you ?

Discussion in 'Bullion Investing' started by mpcusa, Jun 5, 2022.

  1. slackaction1

    slackaction1 Supporter! Supporter

    I have objectives and goals, but they get shot down when I read you can't make any money with silver purchases. But I see it sell and I am thinking you can't get rich, but you can make a little money on purchases if bought right and time the market when it goes back up. I am looking to purchase PATIENTS. having none..
     
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  3. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    Really? Are you a doctor? Insurance company? Big pharma? ;)
     
  4. slackaction1

    slackaction1 Supporter! Supporter

    Well lol... not that kind did I spell it wrong or worded it incorrectly..
     
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    The secret is buying something unique
    that isn’t readily available, I just made a
    purchase that fits that bill perfectly not so
    much the coin but the holder it’s in.
     
    fretboard and slackaction1 like this.
  6. Jeffjay

    Jeffjay Well-Known Member

    I just keep buying stuff I like that is silver.
    Liberty Mutual customer I've done well on it in the past but now my plan is I won't sell it till I need the money regardless of what the price is. Could be sooner than later the way things are going one may need an ounce of silver for a loaf of bread.
     
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Trying to keep my GOLD purchases steady
    3-4 inches a month.
     
  8. Andy

    Andy Coin Collector

    Three to four ounces a month is fantastic and definitely is over an IRA plan. My hat, or sports’ cap, is off to you. My Real Estate and Stocks are for my kids and wife if I leave early to live on or cash in whenever needed. I have two pension plans and hope to work till 67 so investments are just something I do but not plan on using for self. I currently work at home the majority of time so it can be do able in my line of work with luck and blessings. I hope my children keep the Gold coins and build upon them for a safe guard, a family legacy, and for enjoyment.
    I agree with you, based upon your posting
    history, that gold will only get stronger over time for many reasons. When all is said and done, people all around the world like to have something they can hide, pass down and hold without government oversight, taxing, or dependence upon.
     
    mpcusa likes this.
  9. slackaction1

    slackaction1 Supporter! Supporter

    mpcusa
    If BITCOIN hits 20,000$ would YOU BUY IT
     
  10. Andy

    Andy Coin Collector

    If you can afford it, then you investing in your quality of life for you enjoy it as well.
     
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Not sure if your asking that question for your self ? or of me ? I have two accounts one that
    I don’t touch and one that I trade daily, so
    regardless of the ups and down I am all in :)
     
  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I am pretty much along those same lines
    investing in my kids future and grand kids
    and yes free of taxes and the courts..LOL
     
    Andy likes this.
  13. Mr. Flute

    Mr. Flute Well-Known Member

    Rhetorical question:

    Why is an ASE worth more on the market than a 1970 Panama 5 Balboa?

    Both have approx. the same amount of silver (ASW). Alternatively, the ASE is effectively pure silver whereas the 5 Balboa is only 92.5% silver....but a common ASE is selling for $15-17 over melt value (~68% premium) and a 5 Balboa can easily be had melt value and/or a small premium (1%-5%).

    Lastly, the 5 Balboa mintage was ~6% of the 2020 ASE business strike alone.

    Markets and marketing are so interesting.
     
  14. Clawcoins

    Clawcoins Damaging Coins Daily

    I never Invest,
    when I have PMS.


    I stayed on the sidelines for along time.
    Just getting back in to it ... me thinks ...
    a pre33 $2.50 is $420ish .. yikes ...
    collecting full oz gold coins is outta the question now
    might buy a few mixed years Silver Eagles though from time to time instead.

    I just like collecting shiny things.
     
    Last edited: Jun 20, 2022
  15. Clawcoins

    Clawcoins Damaging Coins Daily

    you can though.
    Last Century I bought some ASE rolls for about $140 each.

    I look like a PM hero now !! LOL
     
    slackaction1 likes this.
  16. Clawcoins

    Clawcoins Damaging Coins Daily

    I just got notified (and charged) for the 2022 Silver Proof Set Enrollment ... for ... gag ... $105.00

    I hope no one else buys it so it has a low mintage.

    this is why we can't have nice and shiny things :)
     
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