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<p>[QUOTE=&quot;-jeffB, post: 1915520, member: 27832&quot;]Well, I&#039;d be a little bit sore about how silver dollars I bought five years later (end of 1979/beginning of 1980) &quot;preserved their value&quot;. Or, for that matter, the ones I bought&nbsp; in 2011.</p><p><br /></p><p>It&#039;s a shame I wasn&#039;t paying attention to the market in 1980. I didn&#039;t have a big collection then, but I could&#039;ve probably come up with $10 FV or so that I would&#039;ve been willing to part with. At 36x FV, that would&#039;ve been a nice grub stake to put into CDs when interest rates were in double-digits -- I could&#039;ve bumped it up to $600 or so by 1984, and then added that to the IRA I opened that year. I put everything into AWSHX -- $2K in each of 1984 and 1985, I think (maybe it was 1983 and 1984). In any event, that $4K initial investment is now worth almost $45K, so my $600 from the silver would&#039;ve been worth something like $6700 today.</p><p><br /></p><p>Of course, market timing is for fools. How could I have known the right time to sell off the silver?</p><p><br /></p><p>Well, if I&#039;d cashed it in in 1984, after silver had fallen back to $6, I would&#039;ve gotten maybe $40 for it. That $40, put into the same mutual fund, would now be around $450.</p><p><br /></p><p>Instead, I&#039;ve got the silver. How much value has it &quot;preserved&quot;? A bit under $140, as of this evening. If I&#039;d sold it off at the very peak of silver&#039;s most recent spike, I could&#039;ve gotten about $350 for it -- but, again, that would have required <i>perfect</i> timing.</p><p><br /></p><p>There&#039;s a time for preserving value. But I&#039;m glad I didn&#039;t focus on &quot;preserving&quot; value when I opened that IRA.[/QUOTE]</p><p><br /></p>

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