Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
how much is enough?
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 2190933, member: 26302"]I would agree. To me, pm is valuable only if the <span style="color: #ff0000">edited</span> in MY country, but not ALL countries. Pm enthusiasts like to point out the value of gold in wartime, well that is only valid because there was a place to escape TO. If the whole world turn to crud, pm will be as valuable as a Porshe or a fancy iphone.</p><p><br /></p><p>There are two reasons I invest in pm. One, as a counterbalance to other investments. Many times pm is a contra asset, helping balance out overall portfolio returns. Second, I like shiny, pretty metal. I like Scrooge McDuck'ing it and running my hands through piles and piles of silver coins. No harm done. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>To directly answer your question, if you have debts or haven't invested in yourself with education that comes first. Once you have some "extra" money laying around, then I would say 5-15% of your net worth is a range that would be acceptable in my eyes for you to have in pm. It really makes no sense buying pm and paying 18% interest on a credit card, right? Cut expenses, improve income, then you can afford to buy pm.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2190933, member: 26302"]I would agree. To me, pm is valuable only if the [COLOR=#ff0000]edited[/COLOR] in MY country, but not ALL countries. Pm enthusiasts like to point out the value of gold in wartime, well that is only valid because there was a place to escape TO. If the whole world turn to crud, pm will be as valuable as a Porshe or a fancy iphone. There are two reasons I invest in pm. One, as a counterbalance to other investments. Many times pm is a contra asset, helping balance out overall portfolio returns. Second, I like shiny, pretty metal. I like Scrooge McDuck'ing it and running my hands through piles and piles of silver coins. No harm done. :) To directly answer your question, if you have debts or haven't invested in yourself with education that comes first. Once you have some "extra" money laying around, then I would say 5-15% of your net worth is a range that would be acceptable in my eyes for you to have in pm. It really makes no sense buying pm and paying 18% interest on a credit card, right? Cut expenses, improve income, then you can afford to buy pm.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
how much is enough?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...