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<p>[QUOTE=&quot;Kasia, post: 1669410, member: 31533&quot;]You should start reading about booms and busts. And how sure things have a habit of not working out for investors. </p><p><br /></p><p>That being said, if you can put money long-term into stocks, overall they historically have done well. </p><p><br /></p><p><br /></p><p>Silver may tank or it may go up --- who knows. I sure don&#039;t. 5 years ago, no one was saying gold would basically double in price, especially since it had essentially tripled it&#039;s price in the previous 10 years. And 7 years ago, everyone was still buying into the real estate boom. No one was saying the factors in easy buying would burst. But both happened. Silver has had some really good high points, and many times lows. Go to <a href="http://silverprice.org/silver-price-history.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://silverprice.org/silver-price-history.html" rel="nofollow">http://silverprice.org/silver-price-history.html</a> and scroll down to the bottom for the 34 year chart on silver prices. Take a good note of the two peaks and the close to 20 years in between those peaks where silver stayed at about 5$ an oz. I&#039;m not saying silver is going back to 5$ an oz, but if it does, I will try to buy some...... so I can keep it for the next boom and sell the stuff. </p><p><br /></p><p>So.... do what you want, but I would venture to say to keep these rules:</p><p><br /></p><p>1) diversify your holdings (don&#039;t keep all your eggs in one basket)</p><p>2) learn about investments and trust yourself for your investments. More people, IMO, are scammed by or lose money to &quot;professional&quot; investors/money managers than those who lose out when they make their own decisions. In other words, don&#039;t trust your money decisions to others, even when they appear smart. It&#039;s not their money they are losing.</p><p>3) Don&#039;t buy coins or silver for &quot;investment&quot; purposes unless you just want to hoard. More likely, you will not make money on this. But it may give you peace of mind. Or buy because you love silver coins.</p><p>4) Buy a home and get some tax breaks. Put the money you &quot;save&quot; in tax breaks into a bank or buy savings bonds. Consider it not income, but the government allowing you to keep part of your taxes in your own bank account and earn interest on it. Perhaps in 30 years it will double, which is a low return, but its a better return than losing it to the government as a &quot;tax&quot;.</p><p>5) Get a good estate lawyer who can help you set up a trust and help you keep your property safer than not using one and protect it from being attached if you have other losses in life. It&#039;s money worth the spending.</p><p>6) Save money. Use it to buy a car as a cash deal. You will actually &quot;save&quot; upwards of 10,000 or more dollars by not having to pay monthly interest as well as other benefits (you may be able to get a better deal for your old car &quot;trade in cost&quot;) if the dealer thinks you will be financing.... if you play it right, you can make them think they will be financing, and then spring the cash on them after the deal is done. Many times dealers will offer a more favorable front door deal or a back door deal if they think they are going to make $$$ by financing. Believe me, if you save 10,000 over 6 years of not paying interest, etc, on a car you pay 10-15,000 for, for example, you will be almost &quot;doubling&quot; your money (long term) in a way. </p><p><br /></p><p><br /></p><p>Just some ideas.[/QUOTE]</p><p><br /></p>

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