Featured Post

Be One's Own CFO for Personal Finances

Here's a simple strategy of managing personal finances:  50/30/20 rule.   50% for necessities such as housing, utilities, groceries.   3...

Tuesday, December 30, 2025

Bought Silver When It was Low

Lucky me.   Really, it was luck.

In 2014, I was buying junk silver coins (pre 1964 dimes, quarters and half dollars) when silver was about $20/oz.  I was paying 11 times face value, or $1.10 for a silver dime.  At the time, silver was out of favor and would continue to be out of favor until 2024.

The price of silver starting going parabolic in 2025.  Silver hit an all time high of $84/oz over the weekend.    The price of a silver dime is about $6.07 at that price of silver or about 61 times face value.

I still have the coins that I bought in 2014.   At this point, I don't have a plan to sell, but I will be very tempted to sell if the price of a silver dime reaches $10.

For more on Ideas You Can Use, check back every Tuesday W for a new segment.

This is not financial nor  advice. Please consult a professional advisor.

Copyright © 2025 Achievement Catalyst, LLC

No comments: