Comparision Of Buying Silver Over Some Other Product Thread

To participate in the forum you must log in or register.

Author	Replies: 7 / Views: 1,381
Northerncoins Pillar of the Community Canada 2019 Posts	Posted 04/21/2013 10:50 am Thought I would make this fun thread to see peoples thoughts on buying silver or gold vs some other purchase. I will start with a new vehicle. New Car $25,000: worth in 10 years $0 to $2000 if your lucky. 1000 ounces of Silver $25,000: worth in 10 years possibly $15,000 to $50,000 or more depending on spot price. Edited by Northerncoins 04/21/2013 10:54 am Report this Post to the Staff

swrbxxx Pillar of the Community Canada 834 Posts	Posted 04/21/2013 11:14 am It's all relative to what a person has a preference in. I'm a car guy so i'd say the money I spent purchasing my C63 AMG is well worth it. My silver wont take me 0-6 in 3.8seconds, or do 200MPH. I don't care if one day the car is worth 1/10 of the purchase value. To me the time spent in the car and the driving experiences make up for the loss of $$$. How about real estate Purchased an apartment builiding in 2008 for $450,000 just got appraised at $680,000 only 5 years later. In 10 years it could be $1,000,000 or the world could blow up and be worth $0 Report this Post to the Staff
Tim Stroud Pillar of the Community United States 2661 Posts	Posted 04/21/2013 12:36 pm Quote: How about real estate I like real estate myself. There is and always has been a finite amount of land. My one acre I bought on the inland waterway down at the coast cost me $2000 when I was 18 years old and is now worth around $130K for just the land. I just put a new double wide mobile mobile home on it in 2008 that I paid $62K cash for and just moving it there increased the value of the dwelling 2 fold. So for $64K total I have property valued at a little over 1/4 million $'s. The plus side of it is I am able to rent it out for $500 for a three day weekend or $1000 for a week during peak fishing and vacation season. Report this Post to the Staff
macmercury Pillar of the Community United States 5832 Posts	Posted 04/21/2013 12:46 pm swrbxxx and Tim! I like the way you guys think! Good work. Report this Post to the Staff
Canadian-Banknotes Pillar of the Community Canada 4944 Posts	Posted 04/21/2013 12:56 pm Quote: I like the way you guys think! Good work Report this Post to the Staff
starbuxinvestor Pillar of the Community United Kingdom 616 Posts	Posted 04/22/2013 11:14 am Although you failed to value the 10 years of transportation the car provided. You can't value something you don't use against something you do without assigning value for the use. I am sure a tractor would also go down in value over 10 years but what role does that play in a farmer's profits just as a car transports people to work, the store and recreation. Edited by starbuxinvestor 04/22/2013 11:15 am Report this Post to the Staff
throwbackid Pillar of the Community 1283 Posts	Posted 04/22/2013 11:41 am So when is the thread coming where we show our pay checks, lol. I personally could never see spending over 100k on a car, but to each their own. I drive a POS though the wife just got a new Caddy but thats only because the old saying is true "happy life happy wife" and she won't drive a POS. Northcoins, Heres my split on that 25k. Go to the dealer tell him you want a nice low mileage daily driver spend no more then 10k, take the other 15k go to goldmart or providents websites and buy as much bulk .999 as you can. I would bet .10 to dollars that in 25 years you will be happier you choose the silver. Report this Post to the Staff
Silverhawk74 Pillar of the Community United States 3670 Posts	Posted 04/22/2013 5:32 pm Go with a Vespa or a scooter maybe and put the rest in pmz. Great gas mileage and you save a ton on cost put about 22,500 in pmz lol.... Edited by Silverhawk74 04/22/2013 5:33 pm Report this Post to the Staff
	Replies: 7 / Views: 1,381

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.28 seconds to rattle this change.