Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Brace Yourself!!
>
Reply to Thread
Message:
<p>[QUOTE="Rono, post: 1645966, member: 6492"]Howdy hertsmatt,</p><p><br /></p><p>I'm both a collector and investor. I think that everyone should have some physical bullion as part of their wealth as an investment in peace of mind. My grandkids have stuffed animals they call their bed buddies. Well, my wee stash of bullion is my bed buddy. This should be somewhere between 5-10% or so. More than this is more speculation than investment. Speculation is fine but is different. It's more geared to making wealth than to preserving wealth. </p><p><br /></p><p>Now what you're describing is speculation and that's OK, just don't confuse it. Will silver hit $100? I don't know. I believe that it will gain in dollar terms from today's price. I much more strongly believe it will retain its value. I also like it better than gold on a profit potential basis. </p><p><br /></p><p>If you want to do it, buy regularly over time and you'll average out your buying price. It's called dollar cost averaging and is an standard investment method. I'd also vary what I bought - just like you suggested. I like new bullion, world bullion, old bullion and new bullion. I like 90% and I like morgans. feh. It's all pretty. ;-)</p><p><br /></p><p>enjoy,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1645966, member: 6492"]Howdy hertsmatt, I'm both a collector and investor. I think that everyone should have some physical bullion as part of their wealth as an investment in peace of mind. My grandkids have stuffed animals they call their bed buddies. Well, my wee stash of bullion is my bed buddy. This should be somewhere between 5-10% or so. More than this is more speculation than investment. Speculation is fine but is different. It's more geared to making wealth than to preserving wealth. Now what you're describing is speculation and that's OK, just don't confuse it. Will silver hit $100? I don't know. I believe that it will gain in dollar terms from today's price. I much more strongly believe it will retain its value. I also like it better than gold on a profit potential basis. If you want to do it, buy regularly over time and you'll average out your buying price. It's called dollar cost averaging and is an standard investment method. I'd also vary what I bought - just like you suggested. I like new bullion, world bullion, old bullion and new bullion. I like 90% and I like morgans. feh. It's all pretty. ;-) enjoy, peace, rono[/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
>
Brace Yourself!!
>
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...