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Do you buy Precious Metals because you don't know how to invest?
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<p>[QUOTE="Silver Eagle, post: 3424011, member: 100655"]I bought Peapod when it looked like the future of food delivery. Peapod went bankrupt came back after a couple years but it was too late for me my money was gone.</p><p><br /></p><p>Bought Apple at $16 / share, sold it at $124 / share but it continued to go up.</p><p><br /></p><p>I then put my money in Mutual Funds, stock and bond funds. Saw the market go up, then down in March 2009. The market hit bottom but I did not panic just left the money alone. That money is growing nicely now.</p><p><br /></p><p>I have money in ETF's as well as Mutual Funds. I did buy some AT&T stock and Ford stock mostly for the dividends but that is as far as I'm willing to go with individual stocks.</p><p><br /></p><p>Saw a 30 minute TV ad on the 1986 - 2016 Silver Eagles set and decided to investigate further to discover THEIR price was about $500 more than other sellers for the exact same set.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie57" alt=":jawdrop:" unselectable="on" unselectable="on" /></p><p><br /></p><p>I purchased more silver coins and rounds so now I have a small silver investment to round out my portfolio.</p><p>BTW: The wife was not too thrilled with the Silver Eagles until she noticed how shiny they were. LOL[/QUOTE]</p><p><br /></p>
[QUOTE="Silver Eagle, post: 3424011, member: 100655"]I bought Peapod when it looked like the future of food delivery. Peapod went bankrupt came back after a couple years but it was too late for me my money was gone. Bought Apple at $16 / share, sold it at $124 / share but it continued to go up. I then put my money in Mutual Funds, stock and bond funds. Saw the market go up, then down in March 2009. The market hit bottom but I did not panic just left the money alone. That money is growing nicely now. I have money in ETF's as well as Mutual Funds. I did buy some AT&T stock and Ford stock mostly for the dividends but that is as far as I'm willing to go with individual stocks. Saw a 30 minute TV ad on the 1986 - 2016 Silver Eagles set and decided to investigate further to discover THEIR price was about $500 more than other sellers for the exact same set.:jawdrop: I purchased more silver coins and rounds so now I have a small silver investment to round out my portfolio. BTW: The wife was not too thrilled with the Silver Eagles until she noticed how shiny they were. LOL[/QUOTE]
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Do you buy Precious Metals because you don't know how to invest?
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