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Re: Stinky_pinky post# 5595

Friday, 12/17/2010 1:14:50 PM

Friday, December 17, 2010 1:14:50 PM

Post# of 22255
I fully agree with your strategy in the markets or when dealing in precious metals.....profit is never a bad thing, however not realizing those profits is a bad thing....if there is a profit to be had then it is your devine right to that profit and you must jump when the opportunity presents itself.....now , knowing what to do with that profit is what makes or breaks many new investors....the most obvious thing would be to party till it is all gone, cause you know "easy come-easy go".....LOL...I have actually seen this type of thing happen, maybe not quite to that extreme but much the same......a large profit should be split in different areas of reinvestment, perhaps up to 40% in long term such as silver bullion(used to be bonds) and maybe up to the same amount in blue chips that provide handsome Divis and then use the rest to chase high risk high return but well researched market investments.....even at my age I am still extremely hard nosed and will jump at any profit I can get and I still maintain my Divis for income.....right now I think the best long term we can hold is physical silver bullion and we should add to that position whenever possible....Don't sell silver bullion unless you sell to me.....LOL...just hope Vegas is ready for me in 2 days..

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