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<p>[QUOTE="Clawcoins, post: 3180727, member: 77814"]I'm confused too because you seem more of a "flipper" to me than a stacker with a very fixed and low profit buy/sell process. Why buy/sell from/to the same location? They buy low (from you) and sell high (to you) thus making your profit cycle even harder to attain. You need to buy low and sell high (to other buyers) to maximize profit. But those profit cycles can be extremely long as the latest downwards trend shows.</p><p><br /></p><p>But it's all definitions at this point right? Hoarder vs stacker vs flipper vs investor vs buyer. And then it relies upon our money/investment strategy first and foremost.</p><p><br /></p><p>For instance, I relie upon cash first and foremost. Not PMs. To me PMs are totally worthless for "cash" in an emergency. For some ppl it apparently works. Cash is king in the power outages/local disasters that I've been in, seen and read about. To me, (my viewpoint), not having cash is foolish at any level. Matter of fact I use cash for many person to person/business transactions .. I get some pretty good discounts that way and thus save money.</p><p><br /></p><p>Real Estate. Really if you relie upon property values to go up then I have to question what investment do you have in it? Do you owe about as much as it's worth in which case property values has a significant valuation impact. My goal for any real estate (house) is to have it paid off 100%. At which point any large fluctuation in property value has squat impact on what I do with it.</p><p><br /></p><p>Remember this about any debt (real estate, credit card, etc). You are paying someone else (interest paid) to manage you inability to pay the debt off. This is why many say you need to pay off your debts before investing in stuff like PMs.</p><p><br /></p><p>Stocks/Bonds. This really goes towards people's emotional aspect of any investment. If it goes down they hold on to it. Why? I have a 7% rule .. if it hits 7% going down I sell. This preserves cash (there are some exceptions of course). Of course I've known people to buy stocks at $60 and ride it down to the mid 20s before selling. It makes absolutely no sense to me (emotions rule). But then, I've got stuck in similar scenarios although in shorter timeframes but far less loss. But, if your stocks/bond investments go kaput then one has to blame oneself for that.</p><p><br /></p><p>You could say the same about PMs. Who's bought in 2011 and has held them hoping they'd recover?</p><p><br /></p><p>To me, I buy designs. So I have many PMs in coins. I also have ASEs. I really don't plan on selling them with the minor swings you mention. If it happens to pop over $20 then sure, I may sell; the higher the better. But I didn't sell in 2011; but then my strategy was different than now. Back then PM had a section in my portfolio which I've changed my strategy now and PMs really don't fit but they're they are paid for and inventoried.</p><p><br /></p><p>Some (non business) people do make money on it [USER=77126]@Bman33[/USER] but they don't sell to the same places they buy. People will be all over the board on their strategy/reason for silver or gold or platinum (or palladium).</p><p><br /></p><p>If you add your time and effort as a dollar based valuation, then is it worth it at all to buy/sell in your scenario? Of course, I assume you aren't tracking and paying taxes on your PM capital gains either which would put you even further in the hole.</p><p><br /></p><p>What is the point of all of this?</p><p>Fun ?</p><p>Emotional Lift ?</p><p>Nice pretty things that make kewl sounds when you clang them together?</p><p>short/long profit?</p><p>portfolio? distribution?</p><p><br /></p><p>Each and every one will have their own reasons for PMs. It just depends if it's profitable (either monetarily, or emotionally) for you.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3180727, member: 77814"]I'm confused too because you seem more of a "flipper" to me than a stacker with a very fixed and low profit buy/sell process. Why buy/sell from/to the same location? They buy low (from you) and sell high (to you) thus making your profit cycle even harder to attain. You need to buy low and sell high (to other buyers) to maximize profit. But those profit cycles can be extremely long as the latest downwards trend shows. But it's all definitions at this point right? Hoarder vs stacker vs flipper vs investor vs buyer. And then it relies upon our money/investment strategy first and foremost. For instance, I relie upon cash first and foremost. Not PMs. To me PMs are totally worthless for "cash" in an emergency. For some ppl it apparently works. Cash is king in the power outages/local disasters that I've been in, seen and read about. To me, (my viewpoint), not having cash is foolish at any level. Matter of fact I use cash for many person to person/business transactions .. I get some pretty good discounts that way and thus save money. Real Estate. Really if you relie upon property values to go up then I have to question what investment do you have in it? Do you owe about as much as it's worth in which case property values has a significant valuation impact. My goal for any real estate (house) is to have it paid off 100%. At which point any large fluctuation in property value has squat impact on what I do with it. Remember this about any debt (real estate, credit card, etc). You are paying someone else (interest paid) to manage you inability to pay the debt off. This is why many say you need to pay off your debts before investing in stuff like PMs. Stocks/Bonds. This really goes towards people's emotional aspect of any investment. If it goes down they hold on to it. Why? I have a 7% rule .. if it hits 7% going down I sell. This preserves cash (there are some exceptions of course). Of course I've known people to buy stocks at $60 and ride it down to the mid 20s before selling. It makes absolutely no sense to me (emotions rule). But then, I've got stuck in similar scenarios although in shorter timeframes but far less loss. But, if your stocks/bond investments go kaput then one has to blame oneself for that. You could say the same about PMs. Who's bought in 2011 and has held them hoping they'd recover? To me, I buy designs. So I have many PMs in coins. I also have ASEs. I really don't plan on selling them with the minor swings you mention. If it happens to pop over $20 then sure, I may sell; the higher the better. But I didn't sell in 2011; but then my strategy was different than now. Back then PM had a section in my portfolio which I've changed my strategy now and PMs really don't fit but they're they are paid for and inventoried. Some (non business) people do make money on it [USER=77126]@Bman33[/USER] but they don't sell to the same places they buy. People will be all over the board on their strategy/reason for silver or gold or platinum (or palladium). If you add your time and effort as a dollar based valuation, then is it worth it at all to buy/sell in your scenario? Of course, I assume you aren't tracking and paying taxes on your PM capital gains either which would put you even further in the hole. What is the point of all of this? Fun ? Emotional Lift ? Nice pretty things that make kewl sounds when you clang them together? short/long profit? portfolio? distribution? Each and every one will have their own reasons for PMs. It just depends if it's profitable (either monetarily, or emotionally) for you.[/QUOTE]
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