I would always buy coins over bars. If you plan on buying numismatic coins for investment, the price should be reasonably close to melt value....
I started lightening up on my holdings last November. If the price continues to rise, I'll continue to sell off a little at a time each month....
Good point.
I just happen to think it is a highly overrated tool that doesn't do what many financial planner claim it can do. And that sets up people for...
If you never owned gold or silver or mining stocks before, recognize that you aren't buying low or early in the game. Don't buy either...
Well, in your first example, lump sum investing beats DCA. But I would argue that the lump sum investor would be more likely to bail out of a...
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Well, the other part that I didn't bother repeating is that DCA works only in the special case where the price stays low or goes below the initial...
I'm not sure that the person in #1 of your examples belongs in the stock market at all, even with dollar cost averaging. DCA can't protect a...
The history of past bubbles is never irrelevant. I think Sir Ed was just using that as an example of what not to do, and unfortunately we are...
I read an article years ago, "Twenty Five Ways to Lose Money by Dollar Cost Averaging." I wish I had saved it. But basically it is a myth that...
jeffB, well put. But I doubt passant will admit it.:thumb:
That's pretty funny. :)
Well, you're wrong there. I would venture to say that more money has been lost trying to anticipate changes in direction in the market than from...
This statement is entirely wrong. The benefits of productivity improvements show up in the real economic growth rate [i.e., nominal minus inflation].
One thing to consider is that back in the late 70s when gold and silver prices were exploding to the upside, people still didn't have 1% invested...
I try to own things in major long term uptrends [primarily PMs and oil stocks these days] and trade a little along the way on major moves. So...
Maybe, maybe not. My whole approach to market is to expect volitility and structure my holdings with that in mind. So my personal expectations...
If you have plans to go to medical school, it might be a good idea to avoid anything that is a "time killer."
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