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<p>[QUOTE="Juan Blanco, post: 1577555, member: 41665"]From the standpoint of an investment professional, this clarification changes everything. </p><p><br /></p><p>1) Ag is a fair (if highly imperfect) proxy for cash, and probably won't be worse than stocks for the next ten years (my guess.) </p><p>2) Ag is a fairly high risk investment and for a 35yo, his/her asset-class choices SHOULD be aggressive & higher risk (versus what a 65yo holds) for capital appreciation.</p><p>3) With 30 years of income-generation ahead, future opportunities to invest in those other asset classes changes everything: balance it out, as you go.</p><p>4) 'All-In' anything is imprudent (possibly foolish: only time will tell) and gambling attitude is still reckless and youthful ... but given the OPs stated age & inexperience, it's par for the course.</p><p><br /></p><p>I don't believe ANYONE (retail) has ever gotten rich investing in PMs; it's still the most unlikely asset class to provide that capital appreciation a 35yo will need later on. But at the end of his/her life, this particular choice (jumping the gun, I think) probably will not have been terrible nor a lasting regret either. Building wealth/assets <i>around </i>a bullion stash is certainly unorthodox, but it's not necessarily catastrophic here. </p><p><br /></p><p>I will say: when reading these kinds of confessions elsewhere it's almost always been a tragic and sad mistake (typically, from someone old & terrified). Just saying. So e<i>verything in moderation and incrementally </i>is still the wisest course of action for new investors and those inexperienced with PMs. Good Luck![/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1577555, member: 41665"]From the standpoint of an investment professional, this clarification changes everything. 1) Ag is a fair (if highly imperfect) proxy for cash, and probably won't be worse than stocks for the next ten years (my guess.) 2) Ag is a fairly high risk investment and for a 35yo, his/her asset-class choices SHOULD be aggressive & higher risk (versus what a 65yo holds) for capital appreciation. 3) With 30 years of income-generation ahead, future opportunities to invest in those other asset classes changes everything: balance it out, as you go. 4) 'All-In' anything is imprudent (possibly foolish: only time will tell) and gambling attitude is still reckless and youthful ... but given the OPs stated age & inexperience, it's par for the course. I don't believe ANYONE (retail) has ever gotten rich investing in PMs; it's still the most unlikely asset class to provide that capital appreciation a 35yo will need later on. But at the end of his/her life, this particular choice (jumping the gun, I think) probably will not have been terrible nor a lasting regret either. Building wealth/assets [I]around [/I]a bullion stash is certainly unorthodox, but it's not necessarily catastrophic here. I will say: when reading these kinds of confessions elsewhere it's almost always been a tragic and sad mistake (typically, from someone old & terrified). Just saying. So e[I]verything in moderation and incrementally [/I]is still the wisest course of action for new investors and those inexperienced with PMs. Good Luck![/QUOTE]
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Well here goes nothing.....
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