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a time to quit?


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Are you telling me you are around 15 and a half stone?

Yes, on a good day.

Stop eating all them pies and chips and you'd have more cash for silver........... :D

Oh, if only it was that easy [emoji1]

Stacker since 2013

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Personally, I'm a collector of gold and silver coins, stacking is just a happy bi-product.

I guess I'm just a pragmatist, my collection has a value both as PMs and collectables

I can sell them either for their PM value or what another collector will pay for them.

They are a store of value and an insurance against the SHTF scenario.

However, at the end of the day, no matter how attached I am to certain pieces, they all have a price. I may get bored with some pieces and sell them in order to fund other purchases.

At some point in the future, the price may go up so much and I may decide to sell, do a Shamatti, perhaps buy a little place somewhere way off the beaten track and just spend my time fishing.

Who knows, I may make enough to fund a small harem, not sure what the wife would think about that though! :lol:  :lol:

Profile picture with thanks to Carl Vernon

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One year ago I foolishly thought a PM was the Prime Minister ...so I am still new at this. Started as a pure gold stacker, then got interested in sovereigns / designs / mintmarks etc then got distracted by the pursuit of the 7 coin Libertad silver proofs, Kookaburra date run etc etc. But along the way I have had one thing stuck in my head - which will guide me on when to stop - and that is if/ when the stack gets to 20% of my retirement savings. Then I will stop - as that is my personal cutoff for an "investment" that does not yield any dividends or interest. Simple. Although I will have to stop tracking sovereigns on eBay and stop reading this Forum!

Great topic Fluttershy!

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I am going to stack until I retire, if the price of gold and/or silver spikes big time I will cash out 50% then buy back in when the price comes down again.

Just think cashing in a sov and a tube of maples every month on top of your pension pot. Not struggling when you have grand kids so you can treat them! To me that's what life's about. I have fond memories of my grand parents who always made a fuss out me and my brothers and sister.

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I am going to stack until I retire

Just think cashing in a sov and a tube of maples every month on top of your pension pot. 

 

Nice simple way to go about it.  Sometimes the simplest plans can be the best   

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