Hey brilliant minds of 2+2, thoughts on investing small amount in silver and holding it? Just got into coin collecting and plan to purchase silver rounds as a store of value. Thoughts?

Ugh planning to hold prolly 20-40 years..... feel price of silver will go up as its a finite resource and very much demanded. Just wanted to hear what people thought here as I feel 2+2 brings out a lot of intelligent more sophisticated minds than myself haha.

I plan to buy x amount each month (small amount) but plan to buy continuously so if the price of silver drops, I will probably just buy more than normal as I believe the price will continue to rise. Just wanted to hear thoughts of investing in silver? Have my 401k going and a roth so I just feel this is a nice way to diversify a small amount of portfolio into precious metal. Thanks for any thoughts.

Yes buy physical silver and have it in your profolio. Buy what you can afford.
Precious metals are a good store of value.

Everything you need to know

https://forumserver.twoplustwo.com/3...ghlight=silver

Silver and Gold are God's money, you can't go wrong purchasing physical silver bullion.

Having said that, don't expect any miracles like a lot of silver bugs preach. At the end of the day it's a metal that doesn't have consciousness or make decisions or make money, it just sits there. Still better than having your savings being eroded by central bankers.

I've owned gold and silver for ****ing 10-15 years and have been outperformed by everything else.

The saying "gold has been money for thousands of years" is what every gold bug says. So ****ing what? Times have ****ing changed and the next few thousand years will surely change beyond what we can even imagine.

Cryptos for the win.

Here's the bottom line. I did a search for "buy bitcoin with gold" and all that came back was "buy gold with bitcoin". Search for yourself. TONS OF SITES WILLING TO SELL YOU PRECIOUS METALS FOR BITCOIN, BUT NOT 1 ****ING SITE WILLING TO SELL YOU BITCOIN FOR YOUR GOLD OR SILVER!

O.k., I take that back, there appears to be 1 or 2 sites, but in general, nobody wants to deal with shipping and storing precious metals and I don't blame them. Cryptos are the ****ing future of money.

All That I've ever done with my metals is have them sit in a ****ing box. I've done all kinds of great things with my cryptos. Giving them out as birthday gifts is just one. Try and figure out how to give $30 away in precious metals.

no one is saying crypto is bad, but diversify is a good thing. So easy give 1 or 2 oz of silver which is rought 20-40$. Also gold and silver are physical, feels good to see them in real life from time to time. Not going to just keep all your eggs in one basket.

wtf

Easy...2 silver eagles and take a hack saw to one of them. Weigh it on one of those scales drug dealers use until you get $30usd worth of the spot price. Sell to OP.

Many years ago, when direct deposit of pay was just starting to be a thing, we gave employees the option of having direct deposit or continue to receive an actual check. Over the next year or so most that chose the check moved over to direct deposit until we were down to one woman that still wanted a check. I asked her why and she said she liked to take her check to the bank and cash it, take the money home where she could touch it for a few days, and then return to the bank and deposit it in her account.

People are weird.

Many years ago when I first bought silver I used to have a stack on my computer desk to fiddle with while I was grinding online poker. Was kind of an anti-tilt strategy. Essentially trying to constantly make the connection that the digits on the screen were as good as piles of physical metal.

You realize that money is an idea not a physical thing, don't you?

You comparing a piece of paper to silver or gold? Lol i can go buy a stack of paper for a few dollars. Money is a piece of paper that the government forces you to accept as legal tender. You can not replace silver or gold, its an element.
A 1$ bill is the same as 100$ bill except the number and some head figure. Gold and silver are of value, you can not create that stuff out of thin air unlike printng more paper. Also gold and silver have properties that can help you make appliances. Paper is good to start fires.
It be wise to direct deposit if you like having more time. Meh i just can get excited over paper money. If the money was back by gold cough cough gold standard unlike the scam of a system we have now in fiat, I would be excited.

Why i barely keep any cash, it always gets devalue, you need hard assets. Keep whatever you need for 3 months and rest should be in investments or hard assets

Also thats why people wear gold and silver, its nice to look at.

anyone know how much coin shops will give you for 3 ozs of silver? i'm low on cash.

Probably a dollar under the spot price right now (17.14 USD).

You must be that guy that didn't sell when silver went to $49/oz in 2011 because you thought it was going "to the moon"