Message:

<p>[QUOTE=&quot;Cloudsweeper99, post: 1556430, member: 3011&quot;]Corzine wasn&#039;t managing money so I don&#039;t consider what he did or does to be investing in the sense used by individuals.&nbsp; He isn&#039;t the competition.&nbsp; One of the nice things about investing, as Warren Buffett pointed out, is that it isn&#039;t a game where a higher IQ player will do better than a lower IQ player.&nbsp; The investor who will do well is the one with a sound investment philosophy [value investing is a good one], the skill to know how to use it, and the discipline to stick with it.&nbsp; I have no problem owning paper PMs in the form of ETFs and closed end funds.&nbsp; I&#039;ve owned SLV and GLD in the past, and I currently own CEF.&nbsp; You just have to be careful with the tax reporting rules for SLV and GLD and the PFIC reporting requirements for CEF.&nbsp; Own physical is more for long term holdings, so it depends on a person&#039;s goals and expected holding period.[/QUOTE]</p><p><br /></p>

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