Hi everyone! I joined a couple months ago and forgot to actually introduce myself! Sydney guy, just turned 30 in a stable 9-5 job. Got obsessed with silver after watching Mike Maloney's YouTube videos which convinced me the financial system was about to collapse so I needed to go out and get gold and silver to protect me and my family (jokes ) I jumped straight into the deep end without doing much research. I probably should've done my homework but live and learn I guess. My first purchase was a 500g bar from ABC Bullion on Pitt Street. The transaction was easy enough - got buzzed in then was greeted by a friendly sales associate who walked me into the showroom. Selected the minted bar (originally wanted the poured but the minted came in a plastic capsule), paid then was out in a little under 10 minutes. I then went all in with the Perth Mint's 2016 kangaroo silver bullion coins. Grabbed myself several sealed monsters which are now securely tucked away. I'm doling them out to my young nieces and nephews on their birthdays and Christmas so I've got their presents covered for a while. So, I'm two months in and my average buy in price is $23.87. I wonder what 2016 will bring... Coincidentally, 2016 is the amount of ounces I've accumulated
Yeah, I probably should've curbed my silver zeal but I'm treating it as a stock trade. At the moment I'm 10k in the red going by ABC Bullion's buy back price. (Thankfully buying a parcel of ASXSH at 28c a few weeks ago has reduced how much in the red I am )
No, no I didn't! I was too distracted with Xmas and NY. Further in the red now. At least the parcel wasn't too big but yeah... not the best start to the year