Posted by: nepboy789 March 28, 2014
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NepaliBudho or perhaps I should say Nepali Dai to pay some respect if you are really old :)
If you are willing take moderate risk. Put
15K in SLW
5K in AG
10K in ABX
and buy 5K worth of Silver. Why silver over Gold? Please read this
http://wallstcheatsheet.com/stocks/7-reasons-why-silver-investments-look-better-than-gold.html
I believe that investing in mining companies in better way to invest in PM, if you are willing to take some risk. If the silver prices is up by 40%, SLW will be double but if goes down by 40%, I don't think SLW will be down more than 40% so the upside potential is high. There is a good chance that silver will be more than 50% up in next couple years so you guess.
You don't actually have to do this and most likely not going to this as you have already bought so please keep your bullion in safe place and good luck but how bout this, lets check after 2 years and see how it would looked like if you had done so :)
If you are willing take moderate risk. Put
15K in SLW
5K in AG
10K in ABX
and buy 5K worth of Silver. Why silver over Gold? Please read this
http://wallstcheatsheet.com/stocks/7-reasons-why-silver-investments-look-better-than-gold.html
I believe that investing in mining companies in better way to invest in PM, if you are willing to take some risk. If the silver prices is up by 40%, SLW will be double but if goes down by 40%, I don't think SLW will be down more than 40% so the upside potential is high. There is a good chance that silver will be more than 50% up in next couple years so you guess.
You don't actually have to do this and most likely not going to this as you have already bought so please keep your bullion in safe place and good luck but how bout this, lets check after 2 years and see how it would looked like if you had done so :)