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I know they're gimmicky, but I still like them
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<p>[QUOTE="myownprivy, post: 2714965, member: 84588"]Look, I'm not a robot. This is a hobby for me, too. It's why I visit a message board to discuss it. If it were purely an investment I would be meticulously disciplined and never pay ridiculous premiums on trendy, gimmicky precious metals. I would expect the same of all investors. Investing in any other way than with discipline is stupid.</p><p><br /></p><p>However, in addition to my disciplined investing, I also buy a few hundred dollars of things each year with premiums that negate the investment qualities of the item. (I.e. I would lose most or all of the premium when selling it). However, like all sophisticated investors, I max out my retirement contribution every year, I save/invest a set amount of my income every month no matter what. In addition to that, I also invest 5-ish% into precious metals with modest premiums that are near counterfeit proof, are widely respected and accepted around the world. The few hundred I spend frivolously on high premium items I enjoy doesn't even dent any of this.</p><p><br /></p><p>Stupid stackers often view their stacking as an investment. They often seem to also pursue it as a primary means of investment. These people do things like spend thousands per year on puck-sized lunar silver that they will never recoup the premium on. Bumpkin preppers fill their shed with copper pennies. Idiots buy precious metals with their credit cards that they are unable to pay the balance on at the end of the month. These people are foolish because they think what they are doing is an investment.</p><p><br /></p><p>Please don't conflate the two.[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 2714965, member: 84588"]Look, I'm not a robot. This is a hobby for me, too. It's why I visit a message board to discuss it. If it were purely an investment I would be meticulously disciplined and never pay ridiculous premiums on trendy, gimmicky precious metals. I would expect the same of all investors. Investing in any other way than with discipline is stupid. However, in addition to my disciplined investing, I also buy a few hundred dollars of things each year with premiums that negate the investment qualities of the item. (I.e. I would lose most or all of the premium when selling it). However, like all sophisticated investors, I max out my retirement contribution every year, I save/invest a set amount of my income every month no matter what. In addition to that, I also invest 5-ish% into precious metals with modest premiums that are near counterfeit proof, are widely respected and accepted around the world. The few hundred I spend frivolously on high premium items I enjoy doesn't even dent any of this. Stupid stackers often view their stacking as an investment. They often seem to also pursue it as a primary means of investment. These people do things like spend thousands per year on puck-sized lunar silver that they will never recoup the premium on. Bumpkin preppers fill their shed with copper pennies. Idiots buy precious metals with their credit cards that they are unable to pay the balance on at the end of the month. These people are foolish because they think what they are doing is an investment. Please don't conflate the two.[/QUOTE]
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I know they're gimmicky, but I still like them
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