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Was it a mistake to buy silver now?
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<p>[QUOTE="desertgem, post: 1109213, member: 15199"]If a person is truly serious in investing in PM, you must be able to buy and sell reasonably fast enough in case of rapid market movement. I would suggest a 2 fold approach. Maintain your personal physical PM with a mental sell this when over xx.xx price, and have a broker account to use silver ETFs to work the top. This way , only a portion is at reasonable risk at one time, and quotes/shipping delays don't enter into the picture. I have some physical PM in nice coins that may some day reach PM level to sell and buy non-PM collector coins, or to reinvest, but they don't enter my mind until the price approaches their trigger. $34 seems high, but it would be a nice investment if one thought it would go to $36 or more in a short time. Not for everyone I agree, but probably many are doing it.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1109213, member: 15199"]If a person is truly serious in investing in PM, you must be able to buy and sell reasonably fast enough in case of rapid market movement. I would suggest a 2 fold approach. Maintain your personal physical PM with a mental sell this when over xx.xx price, and have a broker account to use silver ETFs to work the top. This way , only a portion is at reasonable risk at one time, and quotes/shipping delays don't enter into the picture. I have some physical PM in nice coins that may some day reach PM level to sell and buy non-PM collector coins, or to reinvest, but they don't enter my mind until the price approaches their trigger. $34 seems high, but it would be a nice investment if one thought it would go to $36 or more in a short time. Not for everyone I agree, but probably many are doing it. Jim[/QUOTE]
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