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<p>[QUOTE="saltysam-1, post: 2417208, member: 23368"]If you have the time and patience, almost any reasonable buy or sell price can be realized in two days or twenty years. You should be more interested in return of investment in a shorter time period. Especially at a young age. My son had the foresight to do this. He now is 45 years old with a net worth in seven figures. Nothing more than maximum deduction to his 401k. Even consider the dividends accrued elsewhere. There are none on precious metals or most collectables. I keep precious metals as a hedge, not as an income. However, I don't keep stocks and bonds as fun investments in my present life. Coins, paper currency and bullion - YES. The pleasure is worth a little risk. Only in limited amounts. 5%-8% of your net worth. That is what I would recommend for silver purchases. If you have no net worth, don't buy silver. Buy some bonds or equivalents. Or if not there, you should spend it on good clothes, a haircut, or anything else where you would make a better impression during a job interview. Then do what my son did. Invest in your 401k.[/QUOTE]</p><p><br /></p>
[QUOTE="saltysam-1, post: 2417208, member: 23368"]If you have the time and patience, almost any reasonable buy or sell price can be realized in two days or twenty years. You should be more interested in return of investment in a shorter time period. Especially at a young age. My son had the foresight to do this. He now is 45 years old with a net worth in seven figures. Nothing more than maximum deduction to his 401k. Even consider the dividends accrued elsewhere. There are none on precious metals or most collectables. I keep precious metals as a hedge, not as an income. However, I don't keep stocks and bonds as fun investments in my present life. Coins, paper currency and bullion - YES. The pleasure is worth a little risk. Only in limited amounts. 5%-8% of your net worth. That is what I would recommend for silver purchases. If you have no net worth, don't buy silver. Buy some bonds or equivalents. Or if not there, you should spend it on good clothes, a haircut, or anything else where you would make a better impression during a job interview. Then do what my son did. Invest in your 401k.[/QUOTE]
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