Stocks or silver?
Question:
a) put it back into another mutual fund, or
b) buy gold or silver with it.
I was just going to assume another mutual fund, but then I had read something about the potential for metals. Any insight that anyone can give would be helpful.
For the metals, would I buy from somewhere like this:
http://www.ajpm.com/
I could buy about 30 oz. of silver! :P Anyone have any stats on the values of metals vs. markets (or just metals, even)?
Answer:
Metals are not a good investment for the long haul. You can make some speculative gains, particular if your timing is good, but they are not really a good investment vehicle.
With any fund, remember you are investing for the long term - short term returns should not unduly influence you. Long term is 5+ years.
Index funds with low management fees are the best option for most investors.
In times of war, metals, gold, silver etc are very valuable. Peace time, paper
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