You are viewing a single comment's thread from:

RE: When Will You Stop Buying Silver?

in #silver7 years ago (edited)

Really liking your channel and blog. Learning lots about my new investment/hobby.

It's interesting how you talk about why people aren't buying as much. I absolutely agree that wage growth isn't keeping up with inflation. This is definitely having an effect. Think of the younger generation. Older generations have been accumulating and probably have enough. I believe there are many "retiring stackers" and less "new stackers. I am 25 years old and when I try to talk to people my own age about investing...not even just precious metals, but any sort of investment, they look at me like I have 3 heads. My generation doesn't seem to think of their future as much...or they view their money a different way. I only know two people my age who are into investing and making their money grow. And for those two people I know 100 who are either broke, have no work ethic, or plan to live paycheck to paycheck and never invest a dime in anything.

Then I look at THEM like THEY have 3 heads! LOL!

To answer your question...I would consider stopping when Silver reaches it's previous all time high. But who knows. I want to look into other precious metals and if I decide a different one is a better investment, I could significantly slow down on the silver stacking. But it's unlikely I'll slow down any time soon.