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<p>[QUOTE="medoraman, post: 1353004, member: 26302"]If you wanted more of a guarantee for a year why not just have cash in a SDB? At least you have an idea of the amount of purchase power loss to expect in a year.</p><p><br /></p><p>No investment is "safe" in such a short time frame save a CD, money market, or short bond. Even if a PM went up 10% in a year's timeframe, (historically a good year), that profit could be eaten up on the buy/sell spread. Physical PM is a good long term hold, not short term if you NEED the money.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1353004, member: 26302"]If you wanted more of a guarantee for a year why not just have cash in a SDB? At least you have an idea of the amount of purchase power loss to expect in a year. No investment is "safe" in such a short time frame save a CD, money market, or short bond. Even if a PM went up 10% in a year's timeframe, (historically a good year), that profit could be eaten up on the buy/sell spread. Physical PM is a good long term hold, not short term if you NEED the money.[/QUOTE]
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