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Message:: [QUOTE="Rono, post: 1047384, member: 6492"]Hi cubenewb, I congratulate you on having such uncommon sense for a high school student.  Always said the kids were smarter than us old guys. Don't worry about being too late.  In the grand scheme of things, you're early.  Have a plan to regularly add to your stash.  In investing circles they call it Dollar Cost Averaging (DCA).  This is where you buy a fixed dollar amount of shares on a regular periodic basis - let's say once a month with $100.   The stock's at $10.  I buy 10 shares.  Next month the stock goes up to $12.  I buy 8.3 shares.  Next month it goes down to $8 and I buy 12.5 shares.  Over time, I average out the highs and lows of the market.   Granted, this sucks when the market is going straight UP, but most often, and even in this great and glorious bull market in gold and silver, it goes up, comes down, goes up, comes down and looks like a slopping zigzag line.  feh.  That's how markets work.  Many advisors are now recommending that people own some bullion as a core investment.  Perecentages range from 3-5%, although some of us think we need more.  I think of real hands on bullion sort of like my 'bed buddy' after the stuffed animals my grand kids have that they take to bed to help them sleep.  My stash helps me sleep. peace, rono[/QUOTE]