Any Investors?

[slaterd]

I see the group on here seems to be somewhat financially savy on R3V. I'm curretnly an investor in silver. I've been doing it for about a year now and have had a decent return after going through my portfolio now that it's the end of the year. I'm staying in trading silver but I'm broadening my investments. I was wondering what other R3Ver's invest in. If you are an investor, what do you invest in and what kind of returns/experiences have you had? I think this would help to broaden other r3ver's curretn portfolios.

[m3/e30fanatic]

My family has been day traders in the stock market for years, I am slowly going to that path too! :) Mainly invested in the cheap lowkey stocks, redf, stp, etc.

[Shangsta]

I trade the forex and do pretty well as far as returns go

[mrsleeve]

I see the group on here seems to be somewhat financially savy on R3V. I'm curretnly an investor in silver. I've been doing it for about a year now and have had a decent return after going through my portfolio now that it's the end of the year. I'm staying in trading silver but I'm broadening my investments. I was wondering what other R3Ver's invest in. If you are an investor, what do you invest in and what kind of returns/experiences have you had? I think this would help to broaden other r3ver's curretn portfolios.

Dont let heeter and nando see you have silver you will be called a idiot and told how worthless shiny metal is. Or are you just holding silver certificates ??

I bought quite a bit of silver between 11.35 and 17.75 an oz I think I have done quite well.

[slaterd]

Sort of I bought about 40 oz in January when it was below $27 an oz and again in July again when it was below $27. Currently I have a "stockpile" of about 60oz that's piled away until it goes up a lot more. In between times I trade in and out with just buying small amounts and selling that produc. I have been doing pretty well with the trading out. Can't wait to add more to the stockpile since silver just went down again.

[LuckyHenriksen]

Silver/Gold is always good. Don't have any myself, but am interested in buying in at some point

[slaterd]

Stick with silver. It's very ameable in the investing world. Gold tends to stay on rise/decline paths at a very slow and steady pace. So if it's on decline, you better hold out cause it's going to decline very slowly for a very long time. Silver though It's always changing and has a decently
"predictable" path of rise/decline in price per oz. If you're serious about buying I'd save up $150-200 and buy soon. It's been on a steady decline. Hopefully it reaches sub 28. I will be buying another 40oz to add. A great sight to watch is monex.com. I always have it open at work so I can follow live prices.

http://www.monex.com/prods/silver_chart.html

[Pl3wA]

i spend money on my car... tht count?

[LuckyHenriksen]

Thanks for the overview ^

[5Toes]

Wheres the best place to buy?

[slaterd]

As lame as the answer sounds anywhere. I buy from ScottsdaleSilver because I live so close to Scottsdale, shipping takes no time. You'd really have to do research cause some places will charge out of state "fees", shipping bargains in specific areas, etc. EBay's another real good spot. If I don't feel like having to deal with shipping times I buy directly from someone off of ebay but I typically buy from a vendor. I've noticed that well known vendors tend to sell better and hold a higher face value for their coins and bullion bars.

[lostbeachbum]

I work on the International trading desk in which we are the local broker in Chilean, Colombian, and Peruvian markets.

[slammin.e28]

So, you just buy the little bars that are like $50 each and stash them in a cigar box for a rainy day?

[slaterd]

yes and no. when silver is very cheap I will buy a stash of it and throw it in my safe for I guess a rainy day. In between the times when the price of silver is higher I prefer not to buy a lot. So I'll buy maybe 15-20 oz at a time every time I'm able to loop through the product "sell all of it". But the silver I buy on "high times" will be sold immediately. Mind you I don't just blindly start selling right when it gets to my doorstep. If the price is going down, obviously, I'll hold on to it until it either levels out to what I bought it for or higher. I've noticed with the brand I get it from, their face value is higher among consumers so I average between a 10-12% increase per bar. Doesn't sound like much but it's a better, quicker capital gain than putting money in stocks and it only increasing 2-5% a year.

[slammin.e28]

Mmm hmmm.....this is interesting. I'd like to watch it and buy a bit sometime and hold on to it. I'm all for making money on money I'd normally just piss away.