Well I Sold All 65 Oz. Of My Silver.....

All debt should be satisfied first. PM's are a risky at best investment when you have no or low cash flow.

Just a sound decision made by someone that gets it.

I don't know how old you are but start small in anything, build over time don't buy with credit and you will be amazed at where you can end up.

Smart! If you are paying interest on a credit card balance, you don't own the silver, you're renting it.

Generally you should put your money into whatever has the highest interest rate (excepting minimum or mandatory payments.) Sometimes that means an unusually high-yield investment might take precedence over a low-interest loan, but for most people, it means they should put money toward reducing their credit card balance over anything else.

Hawk, I'm only a few months older than you and I don't have as much silver as you just sold. But I buy a little more every week. If SHTF, you really only need enough to get you by until you can get something lined up. And a good working relationship with a metal shop and a tavern are very good friends to have. No matter what happens, people are going to trade precious metals and drink.

Ahhh The Facebook IPO, there going to get their 5 Billion. Will you or me or anyone else on this board get in on the pre sale no chance. Expect it to start trading late march early April. It will peak the first week. Investors who bought in the pre sale will sell and take their profits and anyone who buys right away best be holding for the long term, even holding long term may be a bad idea. How much bigger can Facebook get, remember myspace? It was revolutionary until Facebook came along, google tried with google pages, eventually something will come around that will make Facebook a distant memory. I think facebooks days are numbered. I believe a new type of social network is on it's way (actually I know it's on it's way) and will take how we use social networking by storm.

I once told a little green Jedi master that I was not afraid of the financial dark side and he simply replied...."You will be, you will be."

Oh and I like that list of four Ed, we all should quiz ourselves on that one....

1.Work hard.... I am never late, very prompt, I never call in, unless I am just deathly ill, and I go out of my way to try an do the best job possible. So I check out on that one....

2.Save religiously....O.K. 1 out of 2 aint bad I guess, lol....

3.Invest wisely....I am far from being a Warren Buffet, but with what little I have, and the vast worthless knowledge I have of a little bit of everything like coins, but far from an expert on anything, I do have a ridiculous keen eye for a undervalued ebay items. As I feel like I understand the value of vintage collectibles very well and also what the masses like to buy, rare items and what not, or hard to find, etc.. I don't know if I can say I "invest wisely" just yet, but I feel I am on my way in that area....

4.Spend very carefully, and I think it is a safe assumption that I get a big fat NOOOOOOOOOOOT on this category, lol....

So in the end, I simply need to spend more carefully, and try an save a bit more dying dollars, no matter how much I enjoy tying the dollars up in vintage collectibles an PM's. Moderation is a good word for me this year to keep in the fore front of mind I figure.....

Hey thanks Kyle, you look younger than I had figured, lol. Always a good thing eh....

Appreciate that greatly as I would say the same in reference to you. I simply try an follow the golden rule in life, as typical as it is to say but so true....

20% jump in the first month, then when current owners are allowed to sell, a drop to 80% of issue or lower.