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<p>[QUOTE="scooterv, post: 1768534, member: 56677"]Wow, talk about information overload <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Thanks for all of the input, and ideas for me to dwell on. In5urgent, thanks for all that work in the highly detailed response as well!</p><p> </p><p>Yes, I'm looking mostly for fun on this, at least initially. Any benefit in being able to sell some off in a crunch would be an incidental thought. However, now that it has been brought up, adding some PM exposure via funds, ETF, or mining stocks is a good idea once I bump up how much I am investing when I officially become debt free soon, since I'm well past 90% in equities. With the total amount now where I need it I DO need to diversify and start worrying a little more about protecting it. </p><p> </p><p>LOL, In5urent, while it isn't precious metals I'm more than familiar with the commodity cycles while owning an iron ore/metallurgical coal stock, along with another mining company primarily copper and a bit of silver. Every time China burps they go down like the world is ending or up like the future is nothing but bright <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> I've never "intentionally" used dollar cost averaging, as I haven't needed to and pretty much got it anyway since I've been investing set amounts monthly even when I was only 18 and fresh out of Navy bootcamp. </p><p> </p><p>Unfortunately there is only one coin shop in town, which I don't trust and I'm moving soon as well anyway to get the equity out of my over-sized empty nest house and get a duplex and some rental income in a town closer to a company site I can work from. I can't find a single coin store listed there, lol. There is one near my parent's a couple hours away I can visit on occasion though when I am there. With all the input I think for now I'll go the online route, although I'll keep trying to find the best deal I can manage. Once I'm debt free though I'll add more by smarter means.</p><p> </p><p>LOL, some may freak over all the physical handling, but I'm looking forward to a lot of variety and letting my grandson handle them, ask questions, and maybe spark an interest. I certainly failed in getting two of four kids to save like I did, so maybe something will get the grandkids interested <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Can't beat shiny treasure![/QUOTE]</p><p><br /></p>
[QUOTE="scooterv, post: 1768534, member: 56677"]Wow, talk about information overload :) Thanks for all of the input, and ideas for me to dwell on. In5urgent, thanks for all that work in the highly detailed response as well! Yes, I'm looking mostly for fun on this, at least initially. Any benefit in being able to sell some off in a crunch would be an incidental thought. However, now that it has been brought up, adding some PM exposure via funds, ETF, or mining stocks is a good idea once I bump up how much I am investing when I officially become debt free soon, since I'm well past 90% in equities. With the total amount now where I need it I DO need to diversify and start worrying a little more about protecting it. LOL, In5urent, while it isn't precious metals I'm more than familiar with the commodity cycles while owning an iron ore/metallurgical coal stock, along with another mining company primarily copper and a bit of silver. Every time China burps they go down like the world is ending or up like the future is nothing but bright :) I've never "intentionally" used dollar cost averaging, as I haven't needed to and pretty much got it anyway since I've been investing set amounts monthly even when I was only 18 and fresh out of Navy bootcamp. Unfortunately there is only one coin shop in town, which I don't trust and I'm moving soon as well anyway to get the equity out of my over-sized empty nest house and get a duplex and some rental income in a town closer to a company site I can work from. I can't find a single coin store listed there, lol. There is one near my parent's a couple hours away I can visit on occasion though when I am there. With all the input I think for now I'll go the online route, although I'll keep trying to find the best deal I can manage. Once I'm debt free though I'll add more by smarter means. LOL, some may freak over all the physical handling, but I'm looking forward to a lot of variety and letting my grandson handle them, ask questions, and maybe spark an interest. I certainly failed in getting two of four kids to save like I did, so maybe something will get the grandkids interested :) Can't beat shiny treasure![/QUOTE]
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