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worth buying gold 1/10 at a time??
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<p>[QUOTE="medoraman, post: 1325227, member: 26302"]People say to only buy ounces because of efficiency. Per ounce, one ounce coins are the cheapest was to buy. 1/10 ouncers theoretically should keep their premium if sold to another collector, so in theory you shouldn't be out this money. However, sellnig to a dealer he usually will only pay you gold value, so all of the excess price you paid for the 1/10 ounce size would be lost. </p><p><br /></p><p>If you are not a collector, (just interested in gold as bullion), and can only afford to buy about an ounce next year, (which is fine man, we all start somewhere), my recommendation would be to buy a quarter ounce once every 3 months. Just save up, and know at the end of each quarter you need to go and buy a 1/4 ounce gold piece. It will lower this "transaction cost" a lot.</p><p><br /></p><p>Just an opinion.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1325227, member: 26302"]People say to only buy ounces because of efficiency. Per ounce, one ounce coins are the cheapest was to buy. 1/10 ouncers theoretically should keep their premium if sold to another collector, so in theory you shouldn't be out this money. However, sellnig to a dealer he usually will only pay you gold value, so all of the excess price you paid for the 1/10 ounce size would be lost. If you are not a collector, (just interested in gold as bullion), and can only afford to buy about an ounce next year, (which is fine man, we all start somewhere), my recommendation would be to buy a quarter ounce once every 3 months. Just save up, and know at the end of each quarter you need to go and buy a 1/4 ounce gold piece. It will lower this "transaction cost" a lot. Just an opinion. Chris[/QUOTE]
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worth buying gold 1/10 at a time??
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