hello everyone have a question about Apmex

Duh. By far most buy EVERYTHING when it's up and sell when it's down.

The "average joe" invests with his emotions, chasing returns and buying at the exact time he should be selling, and vice versa.

An intelligent, informed and dispassionate contrarian investor, on the other hand, will make money more often than not, whether it's in equities, PMs and other commodities, or anything else.

Your invective toward PMs, versus human nature in general, is somewhat misdirected. People lose money in the stock market ALL...THE...TIME. You should rail at them too. Stupidity is a driving force across all asset classes.

 

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Note that the comment to which you're replying said "one of the PRIMARY reasons", not "the sole reason".

You're "folks", all right, but you're not all folks, nor representative of anything approaching a majority. And as you and I both know, there can be great advantages to being out-of-step with the majority.

 

[QUOTE="CoinAlbum1704, post: 2155188, member: 74456"with that said i will buy silver bullion coins . i have watched enough jim kramer to know i'm making the right decision. and with that said never ask for advice on how to spend your money to someone you don't know often there gonna steer you the wrong way or try to have all for themself.

credit card debt sucks but the interest rates on credit cards and the fact i have one and the fact i have to oppurtunity is reason of to stay in this game[/QUOTE]

First fatal mistake, never bet on a guy who, like a weatherman, still gets paid when he's wrong.
Second fatal mistake, you can not and never will be able to charge your way out of dept. Cut up the card!!

 

Hardly. Below are the 5 year charts for the DJIA and spot silver. I see a slight difference. Do you? Do you think stackers do?

 

Lol. Those charts have zero to do with what I said.

 

Sure they do. It's hard to lose with an ongoing investment plan involving stocks. It's hard to win with one involving metals. The reason is stocks outperform metals during most intervals, and metals outperform stocks during very short but meteoric intervals, so timing becomes so much more crucial. Add to that stocks' preferential tax treatment and metals investing is like gambling, nothing more.

 

No, they don't.

Kurt, go back and read again. I said nothing about the relative merits of stocks vs. metals vs. any other asset class. You said most "average Joes" buy silver when it's up and sell when it's down. My point was, that's not unique to metals. Literally millions upon millions of "average Joes" have lost money in the stock market for the very same reason.

Are all asset classes equal when it comes to risk and opportunity? Of course not. That's elementary. But it's not at all what I was talking about.

 

Well...........if the OP had bought silver on the day he first posted, he'd have lost $1.38 an ounce as of today's spot price of silver.

5/19/2015 = $17.62
6/08/2015 = $16.24

Not only a loss on the Silver, but a months worth of interest to boot.

I think there are cheaper methods for learning how to "hang on to money".

Edited to add:

Goal = Hang on to Money
Status = Goal Not Achieved