JME_STAX said:Buy when you can, sell when you must!
Thats how I am, buy when I have the money to spare and only sell when I need the money and have no other options left
Cheers, HAPPY STACKING
JME_STAX said:Buy when you can, sell when you must!
sammysilver said:Give me a million dollars and I'll stop buying.
sammysilver said:Give me a million dollars and I'll stop buying.
And i can tell you what will happen then SilverDJ.SilverDJ said:sammysilver said:Give me a million dollars and I'll stop buying.
Meh, can't even buy an average house in Sydney for that.
I'll go off the grid at $10M. Just enough to buy a nice island and declare myself a sovereign nation.
sterling-nz said:And i can tell you what will happen then SilverDJ.SilverDJ said:sammysilver said:Give me a million dollars and I'll stop buying.
Meh, can't even buy an average house in Sydney for that.
I'll go off the grid at $10M. Just enough to buy a nice island and declare myself a sovereign nation.
Sovereignty is great until your partner or a child claims you have yelled at them or embarrassed them and then???????????????
The US Government will come and take over your wee island and put in place a new government (probably run by your partner or children) and have you put in jail or exiled.
ALL IN THE NAME OF DEMOCRACY , of course![]()
SilverPete said:I'd probably stop buying if it dropped below $10 AUD because I'd feel despondent.![]()
SilverDJ said:fishtaco said:Because you have invested enough or just dont believe it will ever be worth more than $20?SilverDJ said:I'm done buying over AU$20
I've got enough I think. ...
elsapo said:Silver just got too expensive. not buying at todays prices.
Lovey80 said:I'll stop buying metal when I have 1000 ounces of silver and 100 ounces of gold. I will then resume buying both metals when my overall portfolio is large enough that those figures mean I have less than 20% invested in metal.
What is a spot price?
Niveka said:Do tell, how much is enough?SilverDJ said:I've got enough I think. ...fishtaco said:Because you have invested enough or just dont believe it will ever be worth more than $20?![]()
Stroctor said:elsapo said:Silver just got too expensive. not buying at todays prices.
I personally dont fret too much on a rise or fall of <1$. Im just happy to use some of my ever dwindling purchasing power of fiat to buy something tangible with it. I can blow 1$ on a bag of chips without even batting an eyelash.
elsapo said:Stroctor said:elsapo said:Silver just got too expensive. not buying at todays prices.
I personally dont fret too much on a rise or fall of <1$. Im just happy to use some of my ever dwindling purchasing power of fiat to buy something tangible with it. I can blow 1$ on a bag of chips without even batting an eyelash.
You are investing in SPY ETF or VFINX (vanguard)?
not just putting it into silver?
I bought my silver with some of the covered call premiums I harvested from my SPY holdings.
This is my philosophy. It's at the lowest price since I've started buying at around $18us. I haven't bought much lately due to some yearly bills that come around in august, but i'm ready to start buying again in a couple weeks. If it goes down I won't sell unless i need the extra cash, and if it goes up, that's a plus. Luckily I have a coin shop 5 minutes away that will give me 15-5 cents under spot since he can lock in rates with a wholesalerJME_STAX said:Buy when you can, sell when you must!
SilverDJ said:Niveka said:Do tell, how much is enough?SilverDJ said:I've got enough I think. ...![]()
A certain percentage of my investments. I'm not silly enough to go all-in on metals, they don't produce any income and have a poor track record in terms of gains. I like having some in my portfolio though.
If I was going to go all-in on a commodity, it would be oil over PM's.
Kota said:I have watched a little on the oil prices. Does anyone else agree that it is a part of the "currency War" Starve the countries of their income, keep the USD high?