Anyone buy at regular intervals
smallchange
Posts: 194 ✭✭✭
This has probably been brought up before, but just curious how many of you buy every payday, weekly, monthly, etc. versus waiting for what you feel is the right price. Twice a month my pay goes into a 401k automatically, so I also try to buy a little something twice a month. Usually a 10 oz. silver bar or maybe a roll of silver quarters. Anyone else do this "dollar cost averaging"
Jim
Jim
Successful BST transactions with lkenefic, AnkurJ, ajia, stephunter, No lawyer
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Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin
#1 1951 Bowman Los Angeles Rams Team Set
#2 1980 Topps Los Angeles Rams Team Set
#8 (and climbing) 1972 Topps Los Angeles Rams Team Set
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
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
Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin
#1 1951 Bowman Los Angeles Rams Team Set
#2 1980 Topps Los Angeles Rams Team Set
#8 (and climbing) 1972 Topps Los Angeles Rams Team Set
Something else to consider is buying whatever may be selling for the smallest premium. In the long run this diversity will give youbflexiblity if you need to liquidate and have Smalls to sell, larger pieces that you may be able to get at a smaller premium or flexibility if you need it to barter in the future.
Good luck.
Picked up a Chiasso Argor 64oz bar for 15¢ over spot per ounce.
I knew it would happen.
This