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<p>[QUOTE="Rono, post: 2359977, member: 6492"]Howdy,</p><p><br /></p><p>I guess it depends upon your goals and objectives, but if you wish to acquire a stash of bullion, you buy regularly and twice as much when it's on sale. </p><p><br /></p><p>I once had an expression that under $5, you buy as much silver as you can. I remember buying a tube of ASE's for just under $90 including S&H. Yeah, I'm older but . . . I felt the same whenever the POS was under $10. </p><p><br /></p><p>They have a term in investing called Dollar Cost Averaging (DCA) for buying stocks. You buy a fixed dollar amount at some regular interval, say one a month. This means that sometimes the price for each stock is higher, in which case your fixed dollar amount will buy fewer shares. Other times the stock will be cheaper, in which case you buy more shares. The presumption is that over the long run, you will pay the optimal average price for they shares. </p><p><br /></p><p>This, of course, is opposite going out and buying everything when you THINK it's on sale. In the former, you don't have to worry about being wrong in your timing of the market. In the latter, you do.</p><p><br /></p><p>Me? I do a little of both in that I make my annual purchase when the new issues come out - panda, ASE's, leaf, 'tads, Phillies, britanias, etc. I also buy extra stuff when the price seems too low [read: silver is 'on sale'].</p><p><br /></p><p>and so it goes,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 2359977, member: 6492"]Howdy, I guess it depends upon your goals and objectives, but if you wish to acquire a stash of bullion, you buy regularly and twice as much when it's on sale. I once had an expression that under $5, you buy as much silver as you can. I remember buying a tube of ASE's for just under $90 including S&H. Yeah, I'm older but . . . I felt the same whenever the POS was under $10. They have a term in investing called Dollar Cost Averaging (DCA) for buying stocks. You buy a fixed dollar amount at some regular interval, say one a month. This means that sometimes the price for each stock is higher, in which case your fixed dollar amount will buy fewer shares. Other times the stock will be cheaper, in which case you buy more shares. The presumption is that over the long run, you will pay the optimal average price for they shares. This, of course, is opposite going out and buying everything when you THINK it's on sale. In the former, you don't have to worry about being wrong in your timing of the market. In the latter, you do. Me? I do a little of both in that I make my annual purchase when the new issues come out - panda, ASE's, leaf, 'tads, Phillies, britanias, etc. I also buy extra stuff when the price seems too low [read: silver is 'on sale']. and so it goes, peace, rono[/QUOTE]
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