View Single Post
  #11  
Old 18-05-2013, 10:48 PM
bean bean is offline
Senior Member
 
Join Date: Jun 2012
Posts: 239
Default

Quote:
Originally Posted by bargains.singapore View Post
My strategy is to diversify and churn and be disciplined, no more than 20% in any asset class be it PM or debt or stock. Have enough holding capacity and do not bite more than you can chew.
Wise words but so easily forgotten and ignored I dare say.

It is good that you have clearly identified yourself as a collector. That itself helps in deciding what to invest in.

I think I'm 60/40. I wished it was easier to decide that whether I am a collector or stacker.

Then there is the other school that says acquiring PM is NOT investing but rather saving. On that I am 50/50. If i don't plonk $350 on that 10oz PM bar, the cash would probably be spent on food, gadgets or apparel that later on I regret buying. At least with that PM bar, its real asset (saving) acquired.

Ok... I think I'm getting off topic.
Thanks for reminding => do not bite more than you can chew
__________________
Reminder to self: Aim long term; ignore the noise.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote