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<p>[QUOTE="Clawcoins, post: 3232934, member: 77814"][USER=99270]@calebmurphy[/USER] This probably wasn't the reception you were expecting from a Bullion/Coin website, right? We've all already talked up and down about it. many "investment people" that have some profit to be made from any investment will recommend what you like.</p><p><br /></p><p>It is hard to find an investment person who won't recommend most things as they really need to know your long term objective and such. I can't really diss PMs as an "investment" depending upon how you invested it as most platforms create high annual fees and such that make them into losses unless by chance a situation like in 2011 occurs when *you* have the chance to convert.</p><p><br /></p><p>I have PMs as an "investment". But not in an IRA. So this gives me full control. They also are in a Bank so I have access at any time, and I store other stuff in the big box so I don't really mentally count the "annual storage fees" so it's just acquisition cost (except maybe for tax time). So if the market pops like in 2011 then I can move on it right then.</p><p><br /></p><p>Many investment professionals are not very knowledgeable about PM IRAs and such. on the flipside, the companies that make the "idiots guides" for what you want, are the very companies that sell these IRAs and such.</p><p><br /></p><p>As any investment I always tell people to not search for the "positive" aspects of it, but search for the "negative" aspects of it. People's behavior will be to look for positive results to further support their desires; which always is a slippery downward slope instead of what they think is an upwards slope. This is not just PM stuff, but even certain Investment Agencies that loose customer monies based upon their investment strategies. I'm sure you've seen the ads on TV too of some in particular.</p><p><br /></p><p>Read the links I gave previously.</p><p>And continue to research this .. search for "bad things about silver IRAs", you have to bypass the "ads" you'll get in a search result. You also have to ignore the articles of companies that provide these type of investments. Look for results of investment magazines or the like that do not sell these products.</p><p><br /></p><p>I already gave some links to Forbes.com but here's another non-magazine result</p><p><a href="https://investorjunkie.com/34727/gold-ira-dumb-idea/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://investorjunkie.com/34727/gold-ira-dumb-idea/" rel="nofollow">https://investorjunkie.com/34727/gold-ira-dumb-idea/</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3232934, member: 77814"][USER=99270]@calebmurphy[/USER] This probably wasn't the reception you were expecting from a Bullion/Coin website, right? We've all already talked up and down about it. many "investment people" that have some profit to be made from any investment will recommend what you like. It is hard to find an investment person who won't recommend most things as they really need to know your long term objective and such. I can't really diss PMs as an "investment" depending upon how you invested it as most platforms create high annual fees and such that make them into losses unless by chance a situation like in 2011 occurs when *you* have the chance to convert. I have PMs as an "investment". But not in an IRA. So this gives me full control. They also are in a Bank so I have access at any time, and I store other stuff in the big box so I don't really mentally count the "annual storage fees" so it's just acquisition cost (except maybe for tax time). So if the market pops like in 2011 then I can move on it right then. Many investment professionals are not very knowledgeable about PM IRAs and such. on the flipside, the companies that make the "idiots guides" for what you want, are the very companies that sell these IRAs and such. As any investment I always tell people to not search for the "positive" aspects of it, but search for the "negative" aspects of it. People's behavior will be to look for positive results to further support their desires; which always is a slippery downward slope instead of what they think is an upwards slope. This is not just PM stuff, but even certain Investment Agencies that loose customer monies based upon their investment strategies. I'm sure you've seen the ads on TV too of some in particular. Read the links I gave previously. And continue to research this .. search for "bad things about silver IRAs", you have to bypass the "ads" you'll get in a search result. You also have to ignore the articles of companies that provide these type of investments. Look for results of investment magazines or the like that do not sell these products. I already gave some links to Forbes.com but here's another non-magazine result [url]https://investorjunkie.com/34727/gold-ira-dumb-idea/[/url][/QUOTE]
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