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<p>[QUOTE="model77, post: 1369069, member: 34102"]Hum... I understand what you are saying, dollar cost averaging is when you spend the same amount of money on an investment every month regardless of it's price. </p><p><br /></p><p>In regards to silver I am used to people saying my DCA is 17.50 as an example. meaning that they may have bought some ounces at $9 and and some at $40 but the average cost of all their ounces is $17.50. </p><p><br /></p><p>Mine is a bit more complicated, or at least I am making it so! Right now I am keeping my average cost in two seperate categories. My roll searching finds which only cost face value, and my purchases. </p><p><br /></p><p>I recently sold two rolls of 40% half dollars for roughly $190. My cost was $20. so I have $170 profit. I then turned around though and bought $193 in 90%. </p><p><br /></p><p>I'm not sure how much I should figure as my cost for the recently bought ounces as I was really just converting the found silver to bought silver. It was not a perfect swap though so I do need to somehow figure in my loss. Does my question make sense?[/QUOTE]</p><p><br /></p>
[QUOTE="model77, post: 1369069, member: 34102"]Hum... I understand what you are saying, dollar cost averaging is when you spend the same amount of money on an investment every month regardless of it's price. In regards to silver I am used to people saying my DCA is 17.50 as an example. meaning that they may have bought some ounces at $9 and and some at $40 but the average cost of all their ounces is $17.50. Mine is a bit more complicated, or at least I am making it so! Right now I am keeping my average cost in two seperate categories. My roll searching finds which only cost face value, and my purchases. I recently sold two rolls of 40% half dollars for roughly $190. My cost was $20. so I have $170 profit. I then turned around though and bought $193 in 90%. I'm not sure how much I should figure as my cost for the recently bought ounces as I was really just converting the found silver to bought silver. It was not a perfect swap though so I do need to somehow figure in my loss. Does my question make sense?[/QUOTE]
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