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<p>[QUOTE="MadMartigan, post: 1998440, member: 58925"]Funny thing is now is not the time to sell, it means you bought high and are now selling low if you continue to do so I am not sure how you will ever have anything saved. That's like a dog chasing its tail. Now is the time to buy and hold onto whatever you bought before. Maybe it dips lower maybe it goes down to $10 an ounce but eventually it will go back up to $20-25 and you will recoup your money.</p><p><br /></p><p>If your thinking stacking is going to make you rich your looking at the wrong market entirely. I'll give you two 10 year examples. If you were to buy silver at its all time low of around $3 an ounce and then sold it at its 10 year high of $48 you could have made 16x your investment in about a decade. So a 1k investment would have made you 16k. A different example is priceline.com stock had you invested in it around the year 2000 a 1k investment would have made you $560,000 at its 10 year high (I think right now you could still cash out for around $370k). I mean you could do better at real estate, the stock market plenty of other investments over silver.</p><p><br /></p><p>If I had a time machine I wouldn't be going back and buying silver or gold at their record lows as there is a lot better returns for investments out there. Silver is fun and always retains some value so its a good hedge against inflation and part of an investment portfolio but it should be just a part of your portfolio and a small part. And if you enjoy collecting coins what an added bonus[/QUOTE]</p><p><br /></p>
[QUOTE="MadMartigan, post: 1998440, member: 58925"]Funny thing is now is not the time to sell, it means you bought high and are now selling low if you continue to do so I am not sure how you will ever have anything saved. That's like a dog chasing its tail. Now is the time to buy and hold onto whatever you bought before. Maybe it dips lower maybe it goes down to $10 an ounce but eventually it will go back up to $20-25 and you will recoup your money. If your thinking stacking is going to make you rich your looking at the wrong market entirely. I'll give you two 10 year examples. If you were to buy silver at its all time low of around $3 an ounce and then sold it at its 10 year high of $48 you could have made 16x your investment in about a decade. So a 1k investment would have made you 16k. A different example is priceline.com stock had you invested in it around the year 2000 a 1k investment would have made you $560,000 at its 10 year high (I think right now you could still cash out for around $370k). I mean you could do better at real estate, the stock market plenty of other investments over silver. If I had a time machine I wouldn't be going back and buying silver or gold at their record lows as there is a lot better returns for investments out there. Silver is fun and always retains some value so its a good hedge against inflation and part of an investment portfolio but it should be just a part of your portfolio and a small part. And if you enjoy collecting coins what an added bonus[/QUOTE]
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