Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Question
>
Reply to Thread
Message:
<p>[QUOTE="desertgem, post: 1051634, member: 15199"]Welcome Jholla89 to the forum! It depends if you want to make more money with your investment. The buy and hold philosophy of investment have had some severe adjustments in the last couple of decades. If you want to accumulate silver objects and admire and secure them, and although having an entrance plan ( such as buy whenever) and no real exit plan would be worrisome to me as if I want to do that, I would stick with numismatic items and not call it investing. If 89 is your birth year by any guess, and if you have a job that allows/provides for IRA or ROTH IRA, I would establish those and invest in PM through a discount broker that does IRAs and ROTHs and buy SLV, GLD, IAU Exchange traded funds. You can buy or sell in seconds and it is treated as a stock transaction rather than possibly collectibles which could be taxed at a higher rate. There are many sides to consider if you really want to make the highest return. Some physical PM could come in handy if a worse case scenario occurs, but the best returns (IMO of course) will be from mixed investment of physical and stock shares managed with care by you. If you are going to be holding less than a couple of 100 oz of silver, accumulation is probably the best way.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1051634, member: 15199"]Welcome Jholla89 to the forum! It depends if you want to make more money with your investment. The buy and hold philosophy of investment have had some severe adjustments in the last couple of decades. If you want to accumulate silver objects and admire and secure them, and although having an entrance plan ( such as buy whenever) and no real exit plan would be worrisome to me as if I want to do that, I would stick with numismatic items and not call it investing. If 89 is your birth year by any guess, and if you have a job that allows/provides for IRA or ROTH IRA, I would establish those and invest in PM through a discount broker that does IRAs and ROTHs and buy SLV, GLD, IAU Exchange traded funds. You can buy or sell in seconds and it is treated as a stock transaction rather than possibly collectibles which could be taxed at a higher rate. There are many sides to consider if you really want to make the highest return. Some physical PM could come in handy if a worse case scenario occurs, but the best returns (IMO of course) will be from mixed investment of physical and stock shares managed with care by you. If you are going to be holding less than a couple of 100 oz of silver, accumulation is probably the best way.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Question
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...