I don't view silver as an investment but rather as a store of value. As stated previously, silver probably won't shoot up in value nor drop significantly. I see it as a relatively risk free way of saving money that you would have otherwise used elsewhere. And ASE's are pretty to look at, much unlike old baggies laying around drawers.
Would you agree that quantitative easing and inflation continue to go up? My uncle says "if Hillary gets elected its good for my silver."
I try to keep my religious and political views to myself, makes for better and happier friendships. But in my most humblest of opinions I truly believe that silver and gold will ultimately turn out to be wise areas to have money tied up in. Like i said, not as an investment but rather a store of value.
What better investments are there besides physical silver, a Roth IRA, or emerging markets? I don't trust in paper. Not after we lost the farm in 08.
You're on two very different ends of the spectrum, or maybe all over the spectrum (which isn't necessarily bad). Best advice. . . You should consult with a REPUTABLE financial advisor who can work to understand your situation and make appropriate recommendations.
I've talked to many people that work on wallstreet and if any of them give you an absolute than I'll show you a liar. IMHO financial advisers are well paid gamblers and smell of Purell. Short of a farm with ample room for vegitables, I believe that physical silver is the way to go. Thoughts? Please don't give an answer simply to justify your own investments. Thank you kindly.
Cascade summed it up the best. This guy is beating a drug addiction. Collecting baseball cards from the 90's would be a better investment than throwing perfectly good cash at drugs. If ASE's satisfies that addiction then go for it! You will be much better off in the long run!
Welcome, you might find that a pile of ASE's gets boring, then you spot a pretty Walker, and before you know it, you're no longer a stacker, you've become a collector. It's more fun, believe me. And, it may also be an investment. At least that's what I tell my wife.
A reputable financial adviser will not give you absolutes. He or she will give you a large number of options, then you decide based on your tolerance for risk. One who does give you absolutes, such as I will give you a 10 percent return if you just give me your money, is the one to run, not walk away from.
My family invested with fidelity and did not see a large return. Also that ase looks artificially toned?
Definatly not. This is one of the progressions ase's produce from albums or those small rectangle cardboard holders inside those 3"x2" plastic clamshell cases. This one toned in a Littleton album over a 10yr period. I have 4 other years in pcgs plastic with this deep blue rim toning. Going for the whole set but they can run $100-250 when you find one
Seems your dealer already clued you in on one of the drawbacks to stacking: the buy/sell price spread. Right now, you are 20% in the hole, even if spot prices are steady.
Welcome! I agree with others' comments and think it is wise to add silver slowly to account for the variation in spot. I have silver as a small part of my overall investment but see one major advantage to ASEs is their liquidity. I don't expect to double my money, but diversity leads to an overall better portfolio.
Collect/invest/liquidity. Interesting words. I have a friend who collects toasters. He has spent more for a toaster than I have for an ASE. When we pass on, who's daughter is going to have the better chance of easily liquidity their respective collection? Something I think about.
You might like to see my set kentucky. This is a complete set of both business strikes and proofs to 2006 minus the 95w of coarse...