When will you sell?
tneig
Posts: 1,505 ✭✭✭
For Holders, with this slow creep-back possibility, have you considered a sell point threshold?
(Back when Silver creeped down to tickle $26, there was discussion of when to start buying.)
(Back when Silver creeped down to tickle $26, there was discussion of when to start buying.)
COA
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I buy when prices dip.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Earlier this year I said I will sell a good chunk if it ever hit $35 again, then wait to see what it does. Of course, I have a little one on the way at the end of this year so I might have to trade my PM's (precious metals) for PM's (precious milk).
Too many positive BST transactions with too many members to list.
My stack is my savings account. Ditto.
Liquidation in a bear market is a ways down the road. Ditto, and it will occur at some point. Precious Metals are not a permanent hold.
I buy when prices dip. A slight divergence - I don't time my purchases, other than to wait until there is too much cash sitting in an account that isn't earmarked for something else.
I knew it would happen.
I too consider my (little) stack as a savings account.
I buy when I feel like buying and have some cash.
1/4 @ 62.00
1/4 @ 68.00
1/4 @ 74.00
1/4 @ 80.00
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>I plan to sell:
1/4 @ 62.00
1/4 @ 68.00
1/4 @ 74.00
1/4 @ 80.00 >>
Will you be buying it back at $100?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>I plan to sell:
1/4 @ 62.00
1/4 @ 68.00
1/4 @ 74.00
1/4 @ 80.00 >>
Will you be buying it back at $100? >>
DerryB ! I believe your'e getting to know the way I think. $100.00 may be a great buy on the way to $150+. When I finish kicking myself around after selling the last 1/4 at $80, $100.00 just might be my new buy in point.
In God We Trust.... all others pay in Gold and Silver!
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
I also sell if I get bored with an item and see something else I'd like to own. Some may perceive that as flipping, but in reality it is not, because I am selling to buy something that I want.
Menomonee Falls Wisconsin USA
http://www.pcgs.com/SetRegistr...dset.aspx?s=68269&ac=1">Musky 1861 Mint Set
That is the year I plan to retire.
I expect to slowly liquidate at that point. My expectation is that silver will be substantially higher than $32 at that point.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
<< <i>When the Apocalypse happens >>
Whatcha gonna buy, more time?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
But 90% of our customer base stated they are selling at 40.
Knowledge is the enemy of fear
<< <i>I buy and sell daily and dont hold squat,
But 90% of our customer base stated they are selling at 40. >>
In that case, I am jumping out at $39.99!!!!!