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Two Years Of Zero Interest! Oh Yeah, She's Going Up!
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<p>[QUOTE="Rono, post: 1358359, member: 6492"]Howdy,</p><p><br /></p><p>Thanks for this postie. I agree completely. I probably didn't make myself clear. I think that a small percentage of your wealth should be in pm's for insurance purposes and that more than that is speculative. I was also NOT assuming any appreciation on that little 5% security blanket. If you're hoping for appreciation, it's speculation. I happen to think that gold and silver will continue to appreciate but that has nothing to do with my core holding. My core holding is there as a STORE OF VALUE. </p><p><br /></p><p>As for having an exit strategy for an investment . . . I would think and hope and pray that everyone that invests in anything has an exit strategy. If not, more's the pity. I'm a momentum investor, so I scale in and out of trend plays. Sort of a mental stop loss. </p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1358359, member: 6492"]Howdy, Thanks for this postie. I agree completely. I probably didn't make myself clear. I think that a small percentage of your wealth should be in pm's for insurance purposes and that more than that is speculative. I was also NOT assuming any appreciation on that little 5% security blanket. If you're hoping for appreciation, it's speculation. I happen to think that gold and silver will continue to appreciate but that has nothing to do with my core holding. My core holding is there as a STORE OF VALUE. As for having an exit strategy for an investment . . . I would think and hope and pray that everyone that invests in anything has an exit strategy. If not, more's the pity. I'm a momentum investor, so I scale in and out of trend plays. Sort of a mental stop loss. peace, rono[/QUOTE]
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