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<p>[QUOTE=&quot;Juan Blanco, post: 1576421, member: 41665&quot;]In the very first sentence you&#039;ve contradicted yourself. Your 401k is not included in your life savings? So what part did you ACTUALLY &quot;invest&quot; in Silver bullion?</p><p><br /></p><p>&nbsp;</p><p>I can sympathize with your pessimism but not the ignorance. You were invested in stocks &amp; bonds &quot;for a couple of years&quot; ... it &quot;did well&quot; ... but you &quot;feel like its getting worse&quot;? Poor assessment thrice, I say. Here&#039;s why.</p><p>1) Investing needs to be LONG TERM : think <i>decades </i>not &#039;couple of years.&#039; If your need/focus is &#039;a couple of years&#039; please get some perspective/education ASAP </p><p>2) If an investor <i>really </i>did well in Paper then s/he would NOT panic and sell &quot;everything.&quot; There&#039;s an honesty issue here, sad/scary to admit. </p><p>3) Investors shouldn&#039;t flip-out on -10% or -15% declines, nor pile in/out of anything on a hunch. That&#039;s very VERY poor &quot;investing&quot; (it&#039;s not, really: it&#039;s called gambling.)</p><p><br /></p><p><br /></p><p><br /></p><p>Oh I could write treatise on this; so could nearly everyone here, with abit of perspective/research. Firstly, investing shouldn&#039;t be gambling - it should be prudent diversification. The GOAL is reasonable projection of (future) capital appreciation and/or (present) income needs. For that, PMs are especially POOR CHOICE: there&#039;s no real capital appreciation in bullion or PM ETFs, and ZERO income, dividend or yield. I would argue that PMs are NOT an investment at all. Rather, bullion is simply a form of savings, hard asset reserve, a rainy day fund. For that &amp; that purpose alone, PMs can be a longer term allocation in your &#039;retirement savings.&#039; But don&#039;t make it the deadweight around your neck, to sink your retirement fund either.</p><p><br /></p><p>How much PM is appropriate? This is highly debatable; I think 10% for younger workers still contributing to the 401k/ Roth IRA, up to 35% max for older, conservative/pessimist, HNW savers with other diversified investments/assets plus current income AND manageable needs in the near term. You really need to check all those boxes for up to 35% in bullion, IMO.</p><p><br /></p><p>For anyone who is inexperienced or just testing the waters, first try the unleveraged PM ETFs, held/traded in moderation in the brokerage acct. As you become more comfortable, cycle into <b>small amounts (ounces) </b>of bullion on any price dips (-10% &gt; -15% declines) w/ buyer&#039;s discipline. This practice supports anyone&#039;s PM education/experience, most importantly.</p><p><br /></p><p><br /></p><p>Sorry and hope to be wrong, but I predict you will sell in a panic and at a loss within 12 months. That says absolutely NOTHING about Ag as either an appropriate asset nor about Ag&#039;s direction longer term, but rather speaks simply to the OP&#039;s imprudent and rash behavior (gambling.) I&#039;ve seen this show before. </p><p><br /></p><p>Really, I&#039;m a committed bullionist but<i> &#039;All in Silver, YAHOOOO!&#039;</i> is just textbook investor folly. EOS[/QUOTE]</p><p><br /></p>

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