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Two Years Of Zero Interest! Oh Yeah, She's Going Up!
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<p>[QUOTE="desertgem, post: 1358050, member: 15199"]Almost every thread on Precious metals contain apprehension of everything but physical metal. and advocate rather large % of holdings for one's future. I seldom, very seldom see a thought out exit strategy for this type of investment, It is almost as if everyone thinks it will go on forever and ever, and they will just accumulate "wealth", and everyone lives happily. Surprisingly, I think people will lose more money by not having a firm exit strategy, than by hesitating to buy large chunks of physical metal at this time. It is easy to moan money "lost" by not buying yesterday than by not selling yesterday ( one tends to hang on hoping it will always go back up). So write out an exit plan before you trade and stick to it. You may be selling one day when everyone is euphoric such as today, but you will be happy if it drops 10% in a week. You can buy back in. Be smart, not sheepish. IMO. </p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1358050, member: 15199"]Almost every thread on Precious metals contain apprehension of everything but physical metal. and advocate rather large % of holdings for one's future. I seldom, very seldom see a thought out exit strategy for this type of investment, It is almost as if everyone thinks it will go on forever and ever, and they will just accumulate "wealth", and everyone lives happily. Surprisingly, I think people will lose more money by not having a firm exit strategy, than by hesitating to buy large chunks of physical metal at this time. It is easy to moan money "lost" by not buying yesterday than by not selling yesterday ( one tends to hang on hoping it will always go back up). So write out an exit plan before you trade and stick to it. You may be selling one day when everyone is euphoric such as today, but you will be happy if it drops 10% in a week. You can buy back in. Be smart, not sheepish. IMO. Jim[/QUOTE]
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