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<p>[QUOTE="Brett_in_Sacto, post: 2211314, member: 71510"]I'd suggest taking a few basic economics, finance and civics courses before trying to understand and build a strategy for bullion investing.</p><p><br /></p><p>Most of your investment strategies depend on your particular goals and timeline.</p><p><br /></p><p>Figure out where you want to be, what the timeframe is, and what available resources you have. Then start developing a strategy.</p><p><br /></p><p>Are you looking to preserve wealth, create wealth or maintain a lifestyle while spending wealth?</p><p><br /></p><p>A 5 year plan is a good place to start.</p><p><br /></p><p>Last - "bullion investing" is part of an investing strategy. To look at bullion in an isolated bubble is probably a bad idea. Markets go up and down, the key is to understand what markets you want to participate in and then use them to manage your assets.</p><p><br /></p><p>Those looking for the "easy button" are best left to IRA's and 401k's in automatic mode (target date funds). They won't maximize earnings by any means, but they will give you some protection of principal over the long term.</p><p><br /></p><p>Of course if you'd like, I can sell you some really nice gold bars at a high premium and convince you that the premium was for my excellent advice. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> In fact that goes for everyone! I'll gladly sell you an ounce of gold bullion for $1900 today. After all, it was there once and at some point in time it will go up past that mark again. YMMV <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Brett_in_Sacto, post: 2211314, member: 71510"]I'd suggest taking a few basic economics, finance and civics courses before trying to understand and build a strategy for bullion investing. Most of your investment strategies depend on your particular goals and timeline. Figure out where you want to be, what the timeframe is, and what available resources you have. Then start developing a strategy. Are you looking to preserve wealth, create wealth or maintain a lifestyle while spending wealth? A 5 year plan is a good place to start. Last - "bullion investing" is part of an investing strategy. To look at bullion in an isolated bubble is probably a bad idea. Markets go up and down, the key is to understand what markets you want to participate in and then use them to manage your assets. Those looking for the "easy button" are best left to IRA's and 401k's in automatic mode (target date funds). They won't maximize earnings by any means, but they will give you some protection of principal over the long term. Of course if you'd like, I can sell you some really nice gold bars at a high premium and convince you that the premium was for my excellent advice. :) In fact that goes for everyone! I'll gladly sell you an ounce of gold bullion for $1900 today. After all, it was there once and at some point in time it will go up past that mark again. YMMV :)[/QUOTE]
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