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<p>[QUOTE=&quot;medoraman, post: 1019746, member: 26302&quot;]To the OP, and as per Cloud&#039;s suggestion, if you are a long term holder the best investing advice I can give you is dollar cost average. Put aside a set amount to be used to purchase each month. Purchase this dolalr amount regardless of whether you think the price is high, low, or in between. This will ensure your weighted average is lower than it would have been buying XXX ounces a month. Unless you wish to risk money knowing that silver will be going up or down, dollar cost averaging is your friend. I have friends who have waited for a correction in a stock and missed 400% price appreciations. The same could happen to silver, and you would be kicking yourself when you could have bought at $24, or it could go down. Either way dollar cost averaging ensures you don&#039;t buy all of your stock at one price, like you have done now, and it forces you to buy at $25 if it goes up. Many people on this board have been waiting for a pullback on silver for a while, and now wish they would have made purchases in the last 6 months.</p><p><br /></p><p>If you are sure you wish to invest in silver, that is how I would. I use the same method for stocks, since I pick which ones I want to own, but am not smart enough to know when the best price is. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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