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<p>[QUOTE="AshcraftCoin, post: 585393, member: 17767"]Yeah, but for physical delivery silver... if someone does this, it is going to be hard to just set a dollar amount... say $175 and then take the silver out every month. There would have to be tracking of any remainder and roll it over or refund or whatever... equals more work and possibly being considered a depository... that opens the company up to all kinds of other rules and regulations.</p><p><br /></p><p>Dollar cost averaging does not necessarily have to fit in the the box you put it in. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> Obviously, that scenario wouldn't be traditional, but still valuable to some... in fact, I come across many people who want to regularly buy the same amount of silver... regardless of cost. Also, it still results in averaging of their costs.</p><p><br /></p><p><br /></p><p>Actually, I had already begun thinking in these terms... instead of a set amount of silver... a set <i>capped</i> dollar amount. So, if someone put in a cap of $175... the system would automatically figure out the optimum amount up to the dollar amount without going over... and then charge the correct amount.</p><p><br /></p><p>Now, normally, from what I know about recurring payment systems... they generally have a set dollar amount... which is why the first scenario was most obvious, but I am sure with the proper effort it is possible to set it up with varied amounts.</p><p><br /></p><p>This way there would be no roll over needed and no "depository" issues.</p><p><br /></p><p>Yeah, shipping would be a consideration that would have to be dealt with.</p><p><br /></p><p>Thanks for the input guys.</p><p><br /></p><p>Thanks.</p><p>Michael[/QUOTE]</p><p><br /></p>
[QUOTE="AshcraftCoin, post: 585393, member: 17767"]Yeah, but for physical delivery silver... if someone does this, it is going to be hard to just set a dollar amount... say $175 and then take the silver out every month. There would have to be tracking of any remainder and roll it over or refund or whatever... equals more work and possibly being considered a depository... that opens the company up to all kinds of other rules and regulations. Dollar cost averaging does not necessarily have to fit in the the box you put it in. ;) Obviously, that scenario wouldn't be traditional, but still valuable to some... in fact, I come across many people who want to regularly buy the same amount of silver... regardless of cost. Also, it still results in averaging of their costs. Actually, I had already begun thinking in these terms... instead of a set amount of silver... a set [I]capped[/I] dollar amount. So, if someone put in a cap of $175... the system would automatically figure out the optimum amount up to the dollar amount without going over... and then charge the correct amount. Now, normally, from what I know about recurring payment systems... they generally have a set dollar amount... which is why the first scenario was most obvious, but I am sure with the proper effort it is possible to set it up with varied amounts. This way there would be no roll over needed and no "depository" issues. Yeah, shipping would be a consideration that would have to be dealt with. Thanks for the input guys. Thanks. Michael[/QUOTE]
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