Long Position on Silver and Gold?

[Great-Kazoo]

Those of you that think PMs are the end all be all and are too smart to take profits from paper markets are missing an opportunity.

Such as ? Being newer to this i'm always open to suggestions.

[kidicarus13]

Such as ? Being newer to this i'm always open to suggestions.

Choice... http://www.barchart.com/stocks/perfo...?filter=lrgcap

[ChunkyMonkey]

Those of you that think PMs are the end all be all and are too smart to take profits from paper markets are missing an opportunity.

Apple and orange as discussed before. One is a leverage, the other one is speculative / pure gambling for profit.

You want real profit as in dividend, get into 30-50 rental units as starter... The dividend is in the $200k a year. For the same amount of investment, I would never see that kind number in stock. And we aren't even talking about the speculative part itself which is Capital/stock gain and loss.

Stock is the biggest loser in my book. 30% tax, highly unstable, elementary for those who wants to start to 'invest,' highest fee (401k, Ira etc) and worst the so called experts in stock make the same mistake every decade or so.

[lex137]

I would love to have a few rental units/homes.

[ChunkyMonkey]

I would love to have a few rental units/homes.

All about leverage.. Because bank is taking 90% of the risk of your portfolio. It's better than trading a stock margin account as if my house burns down, insurance company sends me a check... When the stock market crashes, does your broker care?

Furthermore with leverage, your initial investment aka Downpayment doubles every 12 months or so and mostly written off by your depreciation etc for tax reason.

Finally with rental portfolio, whenever the housing market crashes, rental fee goes up (more profit) and bank takes all the risk on the capitalization, yet when the market is hot, rental fee doesn't go down and YOU gain value. It's almost bullet proof IMHO.

Now back to silver, silver is something I have that is liquid enough and much more stable than cash in the bank.

[roberth]

Those of you that think PMs are the end all be all and are too smart to take profits from paper markets are missing an opportunity.

Conversely, the paper markets aren't the end all either, as much as the media and other shills would like us to think.

ChunkyMonkey articulated it much better than I ever could. The risk, the taxation, the constant overwatch to make sure paper is sold while it is still profitable, I have better things to do with my time, my trust, and my money.

[kidicarus13]

Conversely, the paper markets aren't the end all either, as much as the media and other shills would like us to think.

I agree, just another option. There is a "right" time for every investment.

[ChunkyMonkey]

Insurance vs investment is the better comparison

[roberth]

I agree, just another option. There is a "right" time for every investment.

Yes, I missed on Ford earlier this year. It was $9 a share and I had some cash but I didn't buy in. Ford closed at $17 yesterday, I could have made some cash on a 10 month investment but I passed to do some other things. Also, historically I do not do well when I'm with Wall Street, with my luck if I'd invested Ford would be at $3 now.

[MrPrena]

It would be their trifecta, the paper markets are on the never ending spiral upwards, just like the housing market prior to 2008.

If you look at the macro perspective. Yes, it would be artificial.