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Do you buy Precious Metals because you don't know how to invest?
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<p>[QUOTE="myownprivy, post: 3409511, member: 84588"]Let me try to make my point less condescending and more simple: learning how the market works, or how to start a business, or how to own a home requires a certain level of knowledge. Many will accumulate this knowledge from family growing up. Buying something and hoping it gains value is something anyone can do. There is no barrier to entry for buying Beanie Babies, Bobble heads or silver, on the other hand.</p><p>My post was more out of concern than arrogance. Are you buying precious metals because you think they are an investment? Are they your investment because you never really learned how the market works, or how home ownership works, or the benefits of owning your business?</p><p><br /></p><p>If this is the case, slow your PM buying, please, and seek some advice from a financial planner.</p><p><br /></p><p>There are a lot of blue collar folks without any money in the market who buy 10oz of silver every paycheck instead of putting money into the market (or even a CD). This is not going to turn out well for you...[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 3409511, member: 84588"]Let me try to make my point less condescending and more simple: learning how the market works, or how to start a business, or how to own a home requires a certain level of knowledge. Many will accumulate this knowledge from family growing up. Buying something and hoping it gains value is something anyone can do. There is no barrier to entry for buying Beanie Babies, Bobble heads or silver, on the other hand. My post was more out of concern than arrogance. Are you buying precious metals because you think they are an investment? Are they your investment because you never really learned how the market works, or how home ownership works, or the benefits of owning your business? If this is the case, slow your PM buying, please, and seek some advice from a financial planner. There are a lot of blue collar folks without any money in the market who buy 10oz of silver every paycheck instead of putting money into the market (or even a CD). This is not going to turn out well for you...[/QUOTE]
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