I’ve been investing in silver bullion for more than a decade and realized its performance isn’t as good as 2020-21. I no longer buy silver because index stocks like QQQ and major cryptocurrency are performing much better (speaking of long term, 5+ years, late 2010s vs 2022 for example). Also, nice rare silver coins have gone up in value, so I’m not speaking of them. Purely on bullions with minimal collector value.
Indeed, the price of silver is almost like back 5-7 years ago and disappoints so much as I’ll be losing money by inflation in the long run. $20 in 2016 and $20 in 2022 aren’t equal in value... I call selling at cost after 5+ years is a loss when I’m investing.
I’ll be selling them when they reach $25+/oz. I sold 50% of what I’ve got when it was $25-28/oz in 2020. What’s your thoughts if anyone here invests in silver? Is it a good investment to hold long term? If not, what do you invest?
Indeed, the price of silver is almost like back 5-7 years ago and disappoints so much as I’ll be losing money by inflation in the long run. $20 in 2016 and $20 in 2022 aren’t equal in value... I call selling at cost after 5+ years is a loss when I’m investing.
I’ll be selling them when they reach $25+/oz. I sold 50% of what I’ve got when it was $25-28/oz in 2020. What’s your thoughts if anyone here invests in silver? Is it a good investment to hold long term? If not, what do you invest?