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<p>[QUOTE="zekeguzz, post: 1158793, member: 15455"]Here' more. The bonds are my biggest investment. When I cash them in I'll be just getting what principal is left so that's not taxable. Selling the old silver and gold and taking a profit now and buying more at today's prices is like profit averaging, isn't it? I figure if silver goes to $50 or more then I'll cash some in and take more profit. Silver prices tend to follow gas prices and $5 a gallon is inevitable. Maybe I'll buy some nice old coins after the second profit taking..</p><p>I'm retired and depend on SS for rent and a little bit more. I'm at the bottom of the tax code and capital gains won't hurt me</p><p>too much. Nothing else seems to be making me any money.</p><p>There's one hitch and a big one. I've got a gold coin at Heritage Auction now and it'll net about $35-$40K. That'll be capital gains for this year. If I sell the old silver and gold that'll just be more capital gains which I DON'T want. That leaves me with waiting a year or using the principle from the bonds and that's all I have. Need more advice, please. zeke[/QUOTE]</p><p><br /></p>
[QUOTE="zekeguzz, post: 1158793, member: 15455"]Here' more. The bonds are my biggest investment. When I cash them in I'll be just getting what principal is left so that's not taxable. Selling the old silver and gold and taking a profit now and buying more at today's prices is like profit averaging, isn't it? I figure if silver goes to $50 or more then I'll cash some in and take more profit. Silver prices tend to follow gas prices and $5 a gallon is inevitable. Maybe I'll buy some nice old coins after the second profit taking.. I'm retired and depend on SS for rent and a little bit more. I'm at the bottom of the tax code and capital gains won't hurt me too much. Nothing else seems to be making me any money. There's one hitch and a big one. I've got a gold coin at Heritage Auction now and it'll net about $35-$40K. That'll be capital gains for this year. If I sell the old silver and gold that'll just be more capital gains which I DON'T want. That leaves me with waiting a year or using the principle from the bonds and that's all I have. Need more advice, please. zeke[/QUOTE]
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