Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Dollar Cost Averaging
>
Reply to Thread
Message:
<p>[QUOTE="Garlicus, post: 2503225, member: 73190"]First, determine what is your reason for buying silver.</p><p><br /></p><p>Don't be offended by this, but it sounds like you are a "day trader" of silver, making small profits that may not cover the expense of your time. I'm sure you're having fun with it, and it can keep one out of trouble, but would your time be better spent on something else? Think about how much <i>real</i> profit you have made this year. What does that equate to, as an hourly wage, for the time you have spent on this endeavor?</p><p><br /></p><p>I have the "luxury" of spending a couple hundred dollars a month on coins/silver and I try to buy silver that can also have a numismatic aspect, as well. I've read that you do the same, by buying "junk" silver. If you're not making ample money on the buying and selling, perhaps you can focus on the numismatics and build a little "wealth" for yourself.</p><p><br /></p><p>Just my 2 pennies worth, lol. (for the sticklers who get upset when someone doesn't say cent)[/QUOTE]</p><p><br /></p>
[QUOTE="Garlicus, post: 2503225, member: 73190"]First, determine what is your reason for buying silver. Don't be offended by this, but it sounds like you are a "day trader" of silver, making small profits that may not cover the expense of your time. I'm sure you're having fun with it, and it can keep one out of trouble, but would your time be better spent on something else? Think about how much [I]real[/I] profit you have made this year. What does that equate to, as an hourly wage, for the time you have spent on this endeavor? I have the "luxury" of spending a couple hundred dollars a month on coins/silver and I try to buy silver that can also have a numismatic aspect, as well. I've read that you do the same, by buying "junk" silver. If you're not making ample money on the buying and selling, perhaps you can focus on the numismatics and build a little "wealth" for yourself. Just my 2 pennies worth, lol. (for the sticklers who get upset when someone doesn't say cent)[/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
>
Dollar Cost Averaging
>
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...