/biz/ - Business & Finance

>>30096843
43k stack at 0.084 average cost.

BHS is singlehandedly keeping my portfolio in the green. Thank you basedhorse.

>>30096427
The only situation where I think it makes sense to go into debt to buy precious metals is if you have an Equity line of credit, or refinance your mortgage with a significantly lower rate than what you're currently at.

I already have a HELOC with a 6% rate and 20/40 repayment terms which I use to fund repairs on my flips.

I plan on refinancing my mortgage (114k remaining principal with 24 years left to go on the loan) down to around 2.8 to 3% from 4.6%. After doing the calculations, over 24 years I would pay around 15-20 thousand dollars less back to the bank. I will take out 15k and buy silver with it. If any of the following things happen over the next 24 years, I can repay my mortgage earlier than planned:

1) Silver prices increase 10x - mortgage repaid
2) Inflation goes through the roof, PMs repriced in the new replacement currency
3) Hyperinflation, 1oz of Silver will pay back my 130k loan.

The kicker here is - FIXED rate loan. If you have an adjustable rate, the banks will rape you as soon as interest rates go up to try and control the inflation that is most certainly coming.

>>30097481
No, just buy an extra oz of gold instead of an extra 65-70 oz of Silver next time and you should be good.

>>30097725
Gold is the stable, motherly wife who takes care of the children, does the chores and is there for you in times of hardship.
Silver is the more fun, but mental little sister that's into extreme sports and bungee jumping. Just a lot more to talk about.

>>29569569
Anon don't sweat it too much. I'm holding Gamestop from buying directly at the top so we all make stupid decisions from time to time. Buy back in, you'll lose on the 2x but think about the other 48x you'll make.

>>29573025
I'm gonna bring my stack back home one day and get better pics with my figs so I have more than just this one.

>>29533073
Join the party anon, the trifecta of physical investing is calling you.

>>28440086
>yeah i don't trust pvc
Exfuckingcuseme?

>>28439496
Never heard of that. Lots of collectors keep them in their boxes without issue. Most of the figures I've bought new come with a plastic sheet that separates them from the plastic protecting shell.
Unless you're thinking of paint transfer, never heard of it being a problem.

>>27571114
Yep, I'm sad I missed the ETH train after the dump, but got burned after buying at the ATH last time then seeing it dump down to $100. Wrote crypto off after that, but had other priorities in life.

GRT is very promising and the one crypto I think has the most potential out there right now. A lot of others have to steal away market cap from existing names but GRT is doing something new. Keep stacking. WAGMI


>>27571482
Amen

>>25529864
Diversification is the key to any portfolio, anon. Pic related went up about 50% in the aftermarket over the last couple years.

In short, STONKS.

Ps. HIRO LET ME FUCKING POST REEEEEEEEEEEEEEEEEEEEEEEEEEEEEE