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Will dealers buy as much PMs as someone is willing to sell?
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<p>[QUOTE="Gam3rBlake, post: 7514379, member: 115909"]1). I get my investment advice from my financial advisor and from my family members who have done well with investing.</p><p><br /></p><p>2). Yes I have about 85% of my money invested in stocks (Amazon, Google, Apple, Microsoft etc.,). I have about 10% in precious metals and about 5% in cash.</p><p><br /></p><p>I just don’t want to sell my stocks for my down payment since I would lose the dividends and growth and I don’t like having a lot of cash on hand since I’m one of those people who tends to spend more money when I have a bunch of cash. But at least I recognize that about myself.</p><p><br /></p><p>When I have that money in PMs I tend to really consider purchases more since I have that extra necessary step of having to go sell my PMs to get the money. Because of that sometimes I reconsider and decide not to buy.</p><p><br /></p><p>But I’m also worried about the inflation that many (including Warren Buffet) are expecting to happen due to the government printing trillions of dollars of fiat money.</p><p><br /></p><p>I also like that my PMs have had much better returns than the 2% yearly maximum that a money market account provides. Even less for savings accounts these days with the current Fed policy of quantitive easing and almost 0% fed interest rates.</p><p><br /></p><p>Banks don’t pay much on savings accounts when they can get money easily at a very low rate.[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 7514379, member: 115909"]1). I get my investment advice from my financial advisor and from my family members who have done well with investing. 2). Yes I have about 85% of my money invested in stocks (Amazon, Google, Apple, Microsoft etc.,). I have about 10% in precious metals and about 5% in cash. I just don’t want to sell my stocks for my down payment since I would lose the dividends and growth and I don’t like having a lot of cash on hand since I’m one of those people who tends to spend more money when I have a bunch of cash. But at least I recognize that about myself. When I have that money in PMs I tend to really consider purchases more since I have that extra necessary step of having to go sell my PMs to get the money. Because of that sometimes I reconsider and decide not to buy. But I’m also worried about the inflation that many (including Warren Buffet) are expecting to happen due to the government printing trillions of dollars of fiat money. I also like that my PMs have had much better returns than the 2% yearly maximum that a money market account provides. Even less for savings accounts these days with the current Fed policy of quantitive easing and almost 0% fed interest rates. Banks don’t pay much on savings accounts when they can get money easily at a very low rate.[/QUOTE]
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