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<p>[QUOTE="medoraman, post: 1499867, member: 26302"]Its always dangerous to make investment choices based upon only a short period. This is a sucker move, just like small investors always want to invest in the fund that did the best alst quarter.</p><p><br /></p><p>For "investing", you need to keep your eye on where you want to go, not where you are. This is why most advise diversified portfolios to reduce overall risk.</p><p><br /></p><p>The problem with the PM market is the large buy/sell spread. Lets say the market was flat for a few years, and you go to sell those ASE's you just bought. Well, you just lost about 10% sir, since the dealer will not pay you what you bought them for. That is assuming the market will be flat, with the tremendous runup of PM in the last 5-10 years there is a distinct chance it could go down. You are not buying PM at the bottom of the market by a long shot, and its possible you are buying at the top.</p><p><br /></p><p>For those reasons I would suggest caution and diversification. If you know you need this money in 3-5 years, even though the yields suck, the best place for the money in probably in cd's.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1499867, member: 26302"]Its always dangerous to make investment choices based upon only a short period. This is a sucker move, just like small investors always want to invest in the fund that did the best alst quarter. For "investing", you need to keep your eye on where you want to go, not where you are. This is why most advise diversified portfolios to reduce overall risk. The problem with the PM market is the large buy/sell spread. Lets say the market was flat for a few years, and you go to sell those ASE's you just bought. Well, you just lost about 10% sir, since the dealer will not pay you what you bought them for. That is assuming the market will be flat, with the tremendous runup of PM in the last 5-10 years there is a distinct chance it could go down. You are not buying PM at the bottom of the market by a long shot, and its possible you are buying at the top. For those reasons I would suggest caution and diversification. If you know you need this money in 3-5 years, even though the yields suck, the best place for the money in probably in cd's.[/QUOTE]
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