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<p>[QUOTE=&quot;Clawcoins, post: 2632349, member: 77814&quot;]Depends what your debt is.&nbsp; </p><p><br /></p><p>I&#039;m not going to pay my house off in a while even though every payment I make, with additional principal I&#039;m knocking off about a month of the term.&nbsp; But still, I&#039;m going to invest in other investments such as Silver.</p><p><br /></p><p>The thing is, have a plan, even for your debt.&nbsp; I actually carry a load on my CC month to month.&nbsp; But this is due to credit building since a financial episode a few years back.&nbsp; The key is, for me, making sure that debt is below a 30% threshold for credit improvement.</p><p><br /></p><p>I buy only American Silver Eagles for silver.&nbsp; This is an asset that the banks identify with, and you can use as an asset leverage to obtain better financing if needed.</p><p><br /></p><p>If you are buying for flipping then buying as close to spot as possible is the primary goal.</p><p><br /></p><p>I track and maintain spending habits in relation to </p><p>[1] asset wealth that maintains or increases in valuation over time (or hope so) (PMs, 401K, house, etc)</p><p>[2] assets that have depreciation (such as a car, etc)</p><p>[3] trinkets /general sundries - which have a long term wealth of nill.&nbsp; I stay away from these as much as possible unless necessary.</p><p><br /></p><p>Silver is a small part of the #1 category.&nbsp;&nbsp; And if you buy when it seems low you would be set at least for the long term.&nbsp; I consider $20 or so the important barrier for Silver right now.&nbsp; If it goes above $20, I&#039;ll stop buying silver for &quot;silver&quot;&nbsp; Though for numismatic purposes I would still buy certain coins, maybe Proof ASEs, etc.</p><p><br /></p><p>back when gold rose to around $50oz I actually kept my ASE silver as i bought it back when it was $7.&nbsp; Nostalgic I guess.&nbsp; LOL&nbsp; but my latest batch I don&#039;t have that Nostalga .. it&#039;ll be sold and converted to anther asset.&nbsp; LOL[/QUOTE]</p><p><br /></p>

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