Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Asked myself - Why do I buy Silver?
>
Reply to Thread
Message:
<p>[QUOTE="spazmodic, post: 2012613, member: 55417"]Thanks for making this an interesting thread, enjoying reading it, since I started it.</p><p><br /></p><p>As a 50 year old father of a 12 year old daughter, I have to say I have no clue what the future holds. I believe in diversification, but I don't believe you can diversify just within stocks. They tend to be more highly correlated than I originally thought.</p><p><br /></p><p>So PM accumulation is part of my plan to give my daughter something of a head start in life. Also have a brokerage account for her under the Uniform Gifts to minors act, (UGMA / UTMA) since legally minors aren't allowed to own stocks in their own names.</p><p><br /></p><p>Either silver will be a shiny, heavy cheap burden for her one day, or it may have more value than it does today.</p><p><br /></p><p>As I read more about it this week, an increasing worry would be a repeat of the government seizing pressure metals again, as they did in 1933 and 1934 if they became increasingly scarce or increasingly valuable, or if the dollar becomes unstable.</p><p><br /></p><p>I'm starting to sound paranoid, perhaps I am.[/QUOTE]</p><p><br /></p>
[QUOTE="spazmodic, post: 2012613, member: 55417"]Thanks for making this an interesting thread, enjoying reading it, since I started it. As a 50 year old father of a 12 year old daughter, I have to say I have no clue what the future holds. I believe in diversification, but I don't believe you can diversify just within stocks. They tend to be more highly correlated than I originally thought. So PM accumulation is part of my plan to give my daughter something of a head start in life. Also have a brokerage account for her under the Uniform Gifts to minors act, (UGMA / UTMA) since legally minors aren't allowed to own stocks in their own names. Either silver will be a shiny, heavy cheap burden for her one day, or it may have more value than it does today. As I read more about it this week, an increasing worry would be a repeat of the government seizing pressure metals again, as they did in 1933 and 1934 if they became increasingly scarce or increasingly valuable, or if the dollar becomes unstable. I'm starting to sound paranoid, perhaps I am.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Asked myself - Why do I buy Silver?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...