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Message:: [QUOTE="NorthKorea, post: 1252394, member: 29643"]How old are you? When I was in elementary school, I think silver was $4.80 and ounce or something and Morgan dollars were $6 a piece. I bought all I could afford, then simply forgot about them. Today, some are nice, but most were low-grade and pretty much only worth silver content. I sold the culls for $32-35 a piece. So, over two and a half decades, I made 425-470% or so. Using the rule of 72 and the rule of 114 as approximation mechanisms, my rate of return was around 7.8% over that period. It's not as amazing as it people make it seem when you actually do the math... and I pretty much got in at the bottom right after the silver crash. Now, for the actual silver that I bought for speculation, that's a different story. Got in at average $137.25 basis per share of SLV, sold at half at $36.35 and the rest at $44.73 per split share of SLV. I believe that was over the course of 60 months (give or take two weeks). Removing applicable taxes (yay for long-term cap gains on ETFs), I think I made around 32% annualized net. So, given those scenarios, either you were a kid when I was a kid... or you're talking about six years ago. Come to think of it... if not for the housing crash, I would still be sitting on 200 shares of pre-split SLV and 17 rolls of Morgan dollars. Yay for ARMs!!![/QUOTE]