Buy it on sale

Gold and Silver have done a short term pullback as investors have taken some of their profits off the table. Now is a great time to buy more while it’s on sale. At the time of this post, silver is at $19.53 an ounce, and gold is at $967.90 an ounce. Even if it goes down a little more after you do your purchase, don’t worry. This is a hold you won’t regret.

Remember, Gold and Silver are usually 5 year holds minimum and safety dictates that you should not invest more than 5% of your retirement portfolio. Though my wife and I hold nearly 50% of our investments in gold in silver, and the other 50% in real estate, this is not something most people would be able to stomach, nor would I recommend to anyone who cannot handle a loss, should one occur. One of our real estate properties is still cash-flowing for us and we bought our property in a place that has not “yet” been affected by the real estate market downturn. The our other “big” property investment has not done so well at the moment, and we are taking a wait and see position.

Both real estate and metals investing are a passion of mine. I’m planning to start a new category on this blog focusing on tips and tricks for those who want to get into real estate investing. If you have any experience in investing in either precious metals or in real estate, I’d love to hear your thoughts on the market!