There are expenses/risks associated with holding physical PMs that shouldn't be overlooked. Space, security, and environmental hazards are a few...
It's too bad you don't have an interest in numismatics...it's a really interesting hobby and your Grandfather gave you such a nice start...oh well.
The slab clearly states $135K...why wasn't that the starting price??
I was thinking S-169 due to the relative position of the "7" and "9" in the date...the "9" is much higher than the S-170. I don't feel 100% about...
My guess is you saved yourself $150.
Heck yeah!! ...if it's genuine. I don't know enough about that series of half dollars to offer an opinion...other than the reverse suggests it is...
I bought/read a book a while ago (don't recall where I put it) called "Coin Chemistry". I thought it would tell me how coins toned various...
Thanks! I'll give it a read...:bow: ...and you're right...Dollar Cost Averaging requires you to..."Set it, and FORGET it"! [IMG]
:grandpa:
Granted, this is a simple example to illustrate a point, but I think you're wrong (and you know I NEVER say to you!!). Let's just take this...
I love DRIPs!! I have a COMCAST DRIP that's done quite well.
I don't detest the Prez dollars...I LOVE the Prez dollars!! I detest what they're made of...and that they have less PM than large cent. :(
Wait...wasn't that when they raised the top marginal income tax rate to 90%? :scratch:
I have to agree with you. In today's society, everyone is equal and the only people that get ahead do it by luck and privilege! If someone has...
No worries, though...Raum Emanual will get it all straightened out.
Here's another example... You have $500 to buy shares of a stock that initially sells for $10/share. The share price at the beginning of each...
Cloud, you're assuming that stocks (or stock indices) never fall; but they do...that's what makes DCA work! OK...take your example...year #1...
I just hope the Federal government doesn't declare California or Illinois "too big to fail" and buys them, too.
True...but given market fluctuations within any 25 year period, I think you'll find that DCA will produce a superior return to Buy&Hold.
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