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Message:: [QUOTE="beeze, post: 794155, member: 22816"]Hello, I am new to this forum and love it and have appreciated all of your thoughts and idea.  I have been collecting for years but just recently decided that I am going to start investing in Silver Bullion Coins as more of an investment than a hobby. I am fearful that I could be buying in at the market high so I am going to use the power of dollar cost averaging to ensure I limit any potential losses and I want to get your thoughts.  I plan on buying every month but for simplicity sake I will use $100 as my the amount I purchase each month. I am going to assume some wild swings here over the next year (sorry I can't get this to format the way I want it but it's amount per month, price per ounce, and ounces per month)... $ per ounce - ounces/month$100 $18 5.555555556$100 $16 6.25$100 $12 8.333333333$100 $9 11.11111111$100 $8 12.5$100 $12 8.333333333$100 $13 7.692307692$100 $9 11.11111111$100 $8 12.5$100 $7 14.28571429$100 $9 11.11111111$100 $7 14.28571429 At the end of the year I wil have purchased $1200 worth of silver and my average cost per ounce will be $9.75. So worst case scenario I am down $2.75 an ounce. Best case scenario the price does not drop nearly this much and I am up. Especially if my time horizon is 10+ years, which it is.  So, is my thinking flawed? Am I missing something?  Thanks, RJ[/QUOTE]