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<p>[QUOTE="Brett_in_Sacto, post: 2165862, member: 71510"]This will sound cheesy and cliche but it comes down to sticking to your plan and knowing what you will make.</p><p><br /></p><p>I saw a guy on Pawn Stars walk in with "pounds" of silver bullion. I think it was around 100-200lb. Several 100oz and kilo bars among the smaller weights. He was young and had started investing in silver at a young age he stated, and staying true to his plan - kept buying and buying.</p><p><br /></p><p>As I recall he stated he stopped buying somewhere in the early 2000's - so I'm quite sure his dollar cost average was less than $10/oz. </p><p><br /></p><p>I don't recall the whole episode, or whether he sold it - or even whether it was all real. </p><p><br /></p><p>I do recall thinking " the guy had a long term plan and vision " and made it happen, and made good money doing it.</p><p><br /></p><p>That's the way you should approach any investment. Otherwise you're just speculating and guessing - which can also pay off - but requires a lot more luck. (But I do it too sometimes).[/QUOTE]</p><p><br /></p>
[QUOTE="Brett_in_Sacto, post: 2165862, member: 71510"]This will sound cheesy and cliche but it comes down to sticking to your plan and knowing what you will make. I saw a guy on Pawn Stars walk in with "pounds" of silver bullion. I think it was around 100-200lb. Several 100oz and kilo bars among the smaller weights. He was young and had started investing in silver at a young age he stated, and staying true to his plan - kept buying and buying. As I recall he stated he stopped buying somewhere in the early 2000's - so I'm quite sure his dollar cost average was less than $10/oz. I don't recall the whole episode, or whether he sold it - or even whether it was all real. I do recall thinking " the guy had a long term plan and vision " and made it happen, and made good money doing it. That's the way you should approach any investment. Otherwise you're just speculating and guessing - which can also pay off - but requires a lot more luck. (But I do it too sometimes).[/QUOTE]
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< $15 Silver: Is this something worth waiting on?
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