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<p>[QUOTE="yakpoo, post: 1379174, member: 18157"]<font size="3">Don't get me wrong...I LOVE numismatic PMs. </font></p><p><font size="3"><br /></font></p><p><font size="3">However, when I buy them it's almost always from stock returns...meaning, if you're young, don't waste your time with PMs...learn how to invest (not speculate...<i><b>INVEST!!</b></i>) in stocks. </font>:thumb:</p><p><br /></p><p>OK...here's some advice my Father gave to me at an early age and I'll pass it along. Agree or disagree...makes no difference...it's simply advice. </p><p><br /></p><p>Dad said...</p><p><br /></p><p>1. "If you can eliminate an expense, it's the same as a tax-free investment"</p><p>2. "Reduce your expenses and invest...until you save $1 for every $1 you spend"</p><p>3. "Once you are saving $1 for every $1 spent, you can then <i><b>BEGIN </b></i>to think about luxuries...such as a new car"</p><p><br /></p><p><i><b>NOTE: </b></i>I was 40 when I bought my first new car. I'm 53 now...and <i><b>very </b></i>comfortable (Dad was right!...and I'm still driving the same car!)</p><p><br /></p><p><br /></p><p><br /></p><p><b>EDIT: </b>I guess this is a bit "Off-Topic"...I apologize. Somehow the topic got me thinking about this. I hate to see young folks thinking of "bullion" as an investment. I guess it is...but not like stocks.</p><p><br /></p><p><br /></p><p><br /></p><p><font size="3"><br /></font></p><p><font size="3"><br /></font></p><p><font size="3"></font><font size="3"></font></p><p><font size="3"></font>[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1379174, member: 18157"][SIZE=3]Don't get me wrong...I LOVE numismatic PMs. However, when I buy them it's almost always from stock returns...meaning, if you're young, don't waste your time with PMs...learn how to invest (not speculate...[I][B]INVEST!![/B][/I]) in stocks. [/SIZE]:thumb: OK...here's some advice my Father gave to me at an early age and I'll pass it along. Agree or disagree...makes no difference...it's simply advice. Dad said... 1. "If you can eliminate an expense, it's the same as a tax-free investment" 2. "Reduce your expenses and invest...until you save $1 for every $1 you spend" 3. "Once you are saving $1 for every $1 spent, you can then [I][B]BEGIN [/B][/I]to think about luxuries...such as a new car" [I][B]NOTE: [/B][/I]I was 40 when I bought my first new car. I'm 53 now...and [I][B]very [/B][/I]comfortable (Dad was right!...and I'm still driving the same car!) [B]EDIT: [/B]I guess this is a bit "Off-Topic"...I apologize. Somehow the topic got me thinking about this. I hate to see young folks thinking of "bullion" as an investment. I guess it is...but not like stocks. [SIZE=3] [/SIZE][SIZE=3] [/SIZE][/QUOTE]
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