Shaba22p said:I'm 50% down on my silver coins and bars investment which i started in 2011. Will i ever see a return on my PM's in the next 5 to 10 years?
willrocks said:Shaba22p said:I'm 50% down on my silver coins and bars investment which i started in 2011. Will i ever see a return on my PM's in the next 5 to 10 years?
Wow, you had the worst timing ... buying at the top of a very brief rally
Wrong.Shaba22p said:Better late than never right?
Shaba22p said:When i started buying PM's in 2011 my long term outlook was 5 years. As of 2016 the down trend as come to an end so up we go with another outlook of 5 years and as long as i'm holding there will come a profit to my initial investment cost.
Shaba22p said:I'm 50% down on my silver coins and bars investment which i started in 2011. Will i ever see a return on my PM's in the next 5 to 10 years?
Hi tolly, so your not buying at these prices, so where do you see the bottom being.tolly_67 said:Of course be prepared for a bit more pain before the actual bottom is reached.
tolly_67 said:4.5 years drop...4.5 years back to the top....4 years to the parabolic top...
I would say the 5 years to get your money back and 10 years to make a significant profit.
The same thing happened in my area when I bought a house in 1990..It began to fall in price. It was 10 years after that when my house was back to original purchase value.....5 years later again and it was more than double the price.
Shaba22p said:I'm 50% down on my silver coins and bars investment which i started in 2011. Will i ever see a return on my PM's in the next 5 to 10 years?