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Guarenteed 10% Interested Anually Or Silver?

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RPT's Avatar
United States
924 Posts
 Posted 08/01/2011  6:36 pm  Show Profile   Bookmark this reply Add RPT to your friends list Get a Link to this Reply
A guaranteed 10% is incredible in this market. Take it.

Thanks for your service!
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Namachieli's Avatar
United States
2120 Posts
 Posted 08/01/2011  6:52 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
When I was in the Marines we had a similar thing, We called it a 'J allotment'.

But yea 10% up to 10k.

A few guys I knew did it and put the full 10K. I wish I had done it.

At todays average prices $10,000 will get you (with out premiums) about 250 ounces at $40.00/ounce.

silver would have to rise to $43.00/ounce to equal $10,750.

So if you think silver is going to go up more than $3 in the next 9 months, then silver may be the better bet.

But thats if you wanna put it all on black.

Be smart, you know what you should do. You hear it here all the time.

Diversify.

If it were me, right now, knowing what I know. I would do;

$5,000 in to that fund at a guaranteed 10% return.
$1,650 (once ounce worth) in to Gold
And the rest into Silver, as much as I could get ounce wise with as few premiums as possible. (90% most likely)

I say one ounce of gold because I dont expect it to do much, but given the state of the economy and global perception of the Fiat dollar, who knows, and if gold spikes to $2,000/ounce by early next year, youll have at least gotten something for it.

Since these investments are known as "short positions" you want to make them in ways that if one fails (silver) another can cover the loss (10% return fund) and the others that do well are your guaranteed positive return.





tl;dr

Diversify. 50% into promised return, split the rest on the maybes.
Edited by Namachieli
08/01/2011 7:03 pm
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JackB's Avatar
United States
1064 Posts
 Posted 08/01/2011  7:05 pm  Show Profile   Bookmark this reply Add JackB to your friends list Get a Link to this Reply
A bird in the hand...
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Ed_B's Avatar
United States
4008 Posts
 Posted 08/01/2011  7:07 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
I like the idea of hedging this bet with a combo of the guaranteed 10%, which is very hard to find these days, and some silver. Yes, silver may go up or it may not. No guarantee with the silver. If it goes up more than 10%, then it pays off in this context. If not, then you still have the portion of your money in the 10% guaranteed fund.


Quote:
People are using silver as an investment tool and the world is actually not really using any of it for anything else. - Joe316

Yes, people are using silver for an investment vehicle but it also has a number of industrial uses as well. World demand for silver is in the area of 800 million ounces per year and it is rising. World silver production is in the area of 650 million ounces and it is rising slower than the demand. The difference is being made up via recycling of old jewelry, flatware, and other silver items.

Electrical devices, medical applications, and solar energy systems use quite a lot of silver. High resolution non-digital photography does as well. Although consumers have accepted digital cameras in a big way, the military and professional photographers, who need the highest degree of photographic detail and accurate color reproduction, have not.
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w1a9c8k5's Avatar
United States
1348 Posts
 Posted 08/03/2011  11:28 am  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
I thank you all for the responses. I think I will go $6k into the 10% guarentee and deposit more as I am deployed (to get it to 10k). I won't earn as much putting money in after time but it will still be a good %. I will invest 4K into silver. I have a little bit of gold already so that should help diversify. thanks to all the responses. I really enjoyed reading this.
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GoThunder's Avatar
United States
830 Posts
 Posted 08/03/2011  12:03 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
Thanks for your service, and God bless
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 08/06/2011  06:22 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Sounds like the reverse version of teaser rates on cc, then you drop to a fraction of a %.

Everything we've seen points to prices being more than 10% higher in nine months, making it a net loss, even if you're the type who stays on top of things and would move the money the instant the 10% ends.

I would buy silver, gold, palladium or platinum, in that order, followed by oil and foodstuffs as commodities.
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