Hi, Do you buy gold on a regular basis - but how often? Every year, every month, every quarter?... Are you using the DCA technique or just buying the dips? How often are you buying gold?
What's with all the bloody questions you shouldn't care what other people are doing ,people are stupid don't you know!!!!!!
oh yeah, I can buy 66X on silver and one time on gold. for half a gold, I can buy silver 33 times more often. this is the going market rates!
Hi everyone, i'm just starting out and looking at buying half ounce gold kooks. Probably by as much as I can every month. I hope this strategy of averaging in will work ?
Really ? :/ How about you start here http://forums.silverstackers.com/forum-22-welcome-new-members.html
Theres the "What size gold do you buy?" thread and now the "How often do you buy gold?" thread. Coming soon...."Do you keep your gold at home?" and "What are your movements throughout the day?" threads.
I try to buy 1kg gold bars as often as possible Right after I bash the local drug dealers I currently own no 1kg gold bars Might have to change tactics as this plan isn't working :|
Gold? What gold? I buy small amounts when I have enough spare cash in my PM fund. Not much and certainly not worth burglarizing but enough to keep me happy.
The 0.5 oz per month will get you to 6 oz each year. In 10 years, you'll have 60 oz, if you follow this strategy. Good luck
That's not a bad strategy TH. Even if you do it in 10gms a month, 120gms a year. In 10 years 1.2kg of gold. Hmmm definitely something to think about. LD
Yet, how much someone can buy depends on income. Some people can barely afford obtain 10 grams a year, others can buy an ounce a month (or more!). 10 grams a month means between 450-550 USD surplus income every month. (I put in a larger interval, considering the price variations + premiums). The lower someone's budget is, the more important timing is.
Forget DCA, its just a bullshit justification people use to minimise disappointment in a falling market. Plan on stashing some gold in a safety deposit box "just in case". The amount is dependent on your disposable income and your preference for other asset investments. If you can, buy an ounce here or there on the big dips but don't be upset if gold keeps falling this year. If money is really tight, watch the forum carefully for the occasional low-premium or @spot sale. Don't plan on making a profit from gold and you wont be disappointed. Its insurance, nothing more. Everyone dreams of easy riches, but don't bet everything on gold unless you really have done your research and have a track record in correct economic predictions. Maybe it will go to the moon, but no one really knows. Of course, keep researching and be vigilant for emotional attachment to a particular world view. Always understand that we are human with human failings. Ultimately life is a risk. Every choice we make is a risk. No one knows the future with certainty. And don't trust anything you read, including this comment. We're all just bullshitting, whether we know it or not. Well... one thing you should probably trust more is this bit of advice: don't keep gold at home. You might think you have hidden it well but thieves know better. Get a secure storage box.
Fantastic........might as well just, you know, grab the bullion straight from the drug dealers. They would save themselves some heartache, and you some skin. After awhile, start ordering a little variety, something with a little numismatic appeal maybe. But definitely not just kilo bars. You need to make them understand that !
