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RE: Kin is Live & Kikin’!
I'd love it if silver made a comeback! But I've been sitting on my silver for..6 years now and I'm pretty much exactly break even. It's the most boring investment I've ever done. But yeah, I have a few to look at, which is cool every other moon...
So you got in after the Big Run-Up of 2011? That had to be a heart breaker, it was even worse cuz I got in about 2 years before, and prices were pretty much the same as today for Silver... then it went up to $48.48 officially on the crimex, but hit $50 in the overnite Asian Markets. I was hoping for $100 ozT but the good thing is I HAVE MORE NOW!!!
;)
It' not that bad. Took a look at the purchases now. I bought my first batch in 2011. But then I averaged down the next few years. I even bought some three years ago.My average is $20,3 so it's not horrible. But ..yeah, a boring investment :)
Cool Stuff, it definitely pays to buy over time. I preach DCA all the time, and even doing it like you did really helps average out the costs. Especially since you got in during a huge Bull Run, I believe average price was over $30 for 2011. I got in well before that, but your diligence has made our average costs darn near the same. Mine might be a little lower, but I am mentally removing the premiums. I do not have a spread sheet on it, however. Doubt if I could even make a very good guess at it now, and be any more accurate than my running tally in my head LOL!
Keep Stacking! :D