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<p>[QUOTE="The Eidolon, post: 5152440, member: 102103"]My problem with holding junk silver, is that the longer one holds it, the worse an</p><p>investment it tends to be. For example, I bought some 90% US coins at 3.5x face</p><p>around 1995. Seemed like an attractive price at that time.</p><p>Now in 2020 at about 18x face that would be a 5:1 gain.</p><p><br /></p><p>If I had put that money in an S&P 500 index fund and reinvested the dividends, </p><p>I would have had about a 5.7x gain over that same time period. Even buying </p><p>low and selling high for silver, it's very hard to keep up with other investment </p><p>categories. And in the US coins are taxed less favorably than stocks.</p><p><br /></p><p>Seems like the only way to consistently make money on bulk silver would be to buy </p><p>something which you know you could turn around and resell quickly for a profit.</p><p>Longer term the cost of capital eats up all the potential gains.[/QUOTE]</p><p><br /></p>
[QUOTE="The Eidolon, post: 5152440, member: 102103"]My problem with holding junk silver, is that the longer one holds it, the worse an investment it tends to be. For example, I bought some 90% US coins at 3.5x face around 1995. Seemed like an attractive price at that time. Now in 2020 at about 18x face that would be a 5:1 gain. If I had put that money in an S&P 500 index fund and reinvested the dividends, I would have had about a 5.7x gain over that same time period. Even buying low and selling high for silver, it's very hard to keep up with other investment categories. And in the US coins are taxed less favorably than stocks. Seems like the only way to consistently make money on bulk silver would be to buy something which you know you could turn around and resell quickly for a profit. Longer term the cost of capital eats up all the potential gains.[/QUOTE]
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