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GOLD VS. PLATINUM VS. SILVER --- Which is the best long term investment?
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<p>[QUOTE="ewomack, post: 576744, member: 15588"]They're all so purty I must have them all and rub my face in them...</p><p><br /></p><p>Platinum does seem harder to come by and also tends to carry the highest premiums. But rarity doesn't always make for the best investment. Anyone want to invest in rhodium? Insane market demand and media speculation can drive prices up regardless of supply. Look at colletor beanie babies. They were about as rare as weeds and people paid $500 for the little styrofoam dumplings. Of course that's not a great analogy, but it does show that many factors enter into an investment, many of which remain far beyond our control. So, as was said, diversify. Put many colored eggs in many baskets of varying shapes and sizes. Diversification remains one reason why index funds have better than average success. But, of course, everything can crash.</p><p><br /></p><p>And they're all so purty... who doesn't want one of each?[/QUOTE]</p><p><br /></p>
[QUOTE="ewomack, post: 576744, member: 15588"]They're all so purty I must have them all and rub my face in them... Platinum does seem harder to come by and also tends to carry the highest premiums. But rarity doesn't always make for the best investment. Anyone want to invest in rhodium? Insane market demand and media speculation can drive prices up regardless of supply. Look at colletor beanie babies. They were about as rare as weeds and people paid $500 for the little styrofoam dumplings. Of course that's not a great analogy, but it does show that many factors enter into an investment, many of which remain far beyond our control. So, as was said, diversify. Put many colored eggs in many baskets of varying shapes and sizes. Diversification remains one reason why index funds have better than average success. But, of course, everything can crash. And they're all so purty... who doesn't want one of each?[/QUOTE]
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GOLD VS. PLATINUM VS. SILVER --- Which is the best long term investment?
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