Sold my 40%ers...now what?

[toorude89]

So I sold my 40% halves to the LCS for $4 a pop. $240 in my pocket. Now what do I do with the profits?

 

[BuxSilvers]

Buy some gold

 

[BuffaloBoy]

i personally woundn;t have sold for under $4.25 each, but that's just me... if you have enough cash flow for CRH already, why not invest it in some gold? or put it in a retirement savings!

 

[CladSmoke]

So I sold my 40% halves to the LCS for $4 a pop. $240 in my pocket. Now what do I do with the profits?

I would have given you more bro

 

[maverick]

I would say maybe should have thought about that before you sold them, why did you sell them then? I see some people sell them to use the money to look for more, as hard as they are to find, I wouldn't sell mine to go and look for more, kinda defeats the purpose, at least in my case, now if you only have 500.00 to search with then increasing your bank roll maybe a good reason, if you allready have a few grand you search with then selling enough 40%'s to get another 500.00 or so seems pointless to me, it may take too long to build back up your coins again. Just my opinion and the way I do things though. Good luck, Maverick.

 

[ArkieBassMan]

Invest in/buy something that you like and/or will enjoy. Otherwise soon both the cash and the silver will be gone and you'll have nothing to show for it.

 

[SilverForBrains]

Get yourself a bottle of jack, an escort, and a swanky suit, and go out for a crazy night on the town

 

[Beans]

Do not go the Casino, I say again "Do not go to the Casino"

 

[50cent]

Buying gold, buying silver, is a bad idea. Use the funds to start on upping the number of boxes you do. Then you will get more 40% TO sell.

 

[AdDicted2Ag]

Buying gold, buying silver, is a bad idea.

Note to self.. Never listen to a word 50cent says lol...

 

[50cent]

Its a bad idea if you are buying them (gold and silver that is) at current prices, unless you buy them in bulk. If you have a mere $240, investing in gold/silver, at current prices without intent to sell them is a bad idea. IF you are getting it for safe-keeping, by all means its a good investment. None-the-less, it takes massive amounts of money to invest in AG/Gold at current prices and make a profit. I expect it to jump once more, but not by that much. Only enough to make a profit on if you buy in bulk and sell in bulk. Buying gold for safe keeping/security is one thing, buying $240 worth of it aimlessly makes no sense.

 

[toorude89]

Damn skippy. Anyway, I don't buy silver or gold. I only find it in the wild, and sell what I don't what for a tidy profit. Went detecting today and found $14.35 in clad. Hitting ebay now to buy some silver with that.

 

[InCladWeTrust]

Damn skippy. Anyway, I don't buy silver or gold. I only find it in the wild, and sell what I don't what for a tidy profit. Went detecting today and found $14.35 in clad. Hitting ebay now to buy some silver with that.

So you do buy silver

 

[TimZim]

Use the money to find more silver!!

 

[smokeythecat]

If I knew what to invest in, I'd have money! Gold will probably drop in the near future, the people who have lots invested in gold (stock) seem to think capital gains are going up next year, so they are reaping their profits now. However, I think most people stuck in an icky economy will say wait! gold is cheaper! and will start buying by mid 2013. I'd buy silver or gold and be patient with the markets. After all, there are two things that drive the markets - greed...and fear.

 

[toorude89]

So you do buy silver

Only with found money.

 

[baddbluff]

Bankroll baby.

 

[FormerTeller]

Its a bad idea if you are buying them (gold and silver that is) at current prices, unless you buy them in bulk. If you have a mere $240, investing in gold/silver, at current prices without intent to sell them is a bad idea. IF you are getting it for safe-keeping, by all means its a good investment. None-the-less, it takes massive amounts of money to invest in AG/Gold at current prices and make a profit. I expect it to jump once more, but not by that much. Only enough to make a profit on if you buy in bulk and sell in bulk. Buying gold for safe keeping/security is one thing, buying $240 worth of it aimlessly makes no sense.

Wow, great non-gansta post! Glad I didn't put you on ignore.

 

[mercury1]

Wow, great non-gansta post! Glad I didn't put you on ignore.

Sometimes it's hard to say what you want and still remain in character.

 

[AdDicted2Ag]

Its a bad idea if you are buying them (gold and silver that is) at current prices, unless you buy them in bulk. If you have a mere $240, investing in gold/silver, at current prices without intent to sell them is a bad idea. IF you are getting it for safe-keeping, by all means its a good investment. None-the-less, it takes massive amounts of money to invest in AG/Gold at current prices and make a profit. I expect it to jump once more, but not by that much. Only enough to make a profit on if you buy in bulk and sell in bulk. Buying gold for safe keeping/security is one thing, buying $240 worth of it aimlessly makes no sense.

I knew what you meant dude.. just messing with ya..