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         I picked up a 1/10oz Philharmonic recently. It costs slightly above my monthly budget for precious metals. I used to do half silver and gold each month but decided to alternate the type of metal each month instead. The biggest reason is to save on the premium I would pay over time.

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         When you look at a vendor like APMEX, it's clear that the more you can afford, the better deal you can get for your purchase over time. It sometimes feels discouraging to realize a poorer person's DCA strategy is worse than someone who is better off.

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         Hopping between grams and troy ounces may be challenging for some. If you are reading this post, you could look up the conversion between the two units.

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         When you put the units in perspective, you will notice that it doesn't make much sense for you to buy 1 gram pieces. That applies even when you buy them in bulk numbers. Since most exchanges don't offer free shipping for purchases below $200, you would rack up extra costs for buying a small amount of precious metals. You are literally losing a few ounces of silver for not buying at least $200 worth of products each time.

         In the grand scheme of things, buying a 1/10oz every other month doesn't go too much above my monthly budget. The same principle applies to bulk silver purchases as well. Just like gold, trying for cost-efficiency will be maddening since most of us can't be dishing out thousands of dollars frequently. I suppose you could put aside money and do one big annual purchase. That would require discipline and maybe even some help from your banking institution's account management. I might try that out one of those years to save $2 an ounce on silver premiums.

         Keep on stacking! Having a strategy to obtain assets is better than no strategy!

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56 comments
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I've never really looked at the price of gold stuff because I know it is way too expensive for my budget. I will probably just keep stacking my silver. It's getting close to the time of year that I would be buying some.

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Nice! Yeah, shipping is a killer. Holding gold though is always smart, it's just too bad shipping is so expensive. In an ideal world there would be a corner shop to buy gold and silver everywhere!
!DHEDGE

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I avoid shipping by buying over the free shipping threshold.

corner shop to buy gold and silver everywhere

I don't think the banks or Feds would like that.

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They don't like not having control of everything...

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I used to do half silver and gold each month but decided to alternate the type of metal each month instead.

Your choice of investments is commendable. Not putting all eggs in one basket principle is apply if i'm right.

Your strategy is spot on, it is better to know how you manage your investments. Your purchasing power is not bad afteall as you already set aside some amount for the purchase.

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The gold coin is beautiful

PD: how smart to make a collection as long as it protects you from an economic collapse 😎.

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Let us hope they won’t try to seize people’s gold again.

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Nice pick up. Those extra costs like shipping can add up quickly.

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Yeah it’s insane. Even the extra premiums on smaller bars/rounds add up quickly.

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With gold, I just hope I could save enough on the side after my setting aside cash for priority objectives, only then I may watch for a buying opportunity to pull the trigger. Sometimes foregoing silver buys.

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I am the biggest fan of gold and silver and always like to add some unique coins and bars in my collection. All these thing's are so beautiful.

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I rarely see people who post up gold coins on here
Most people post up silver coins only
The selections are cool and the coins are looking good

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At first I was lost and was about to say I did not know they made 1/10 ths but realized it's gold and not silver 😂

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It is true that you have to buy more to save more(on premium) but yeah barrier to entry tends to be high for this. However i would rather stay committed and consistent in DCA even if in the long run i would end up paying more, in reality i wont be able to save up a huge amount for a big purchase as i will have the tendency to spend it on other stuff. So yeah for me having a monthly schedule is a way to keep me disciplined.

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Yeah, I’m on the same monthly path as well. But, I’m willing to try a different approach with the tools available.

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Que moneda tan bella 😍 me encantan las monedas..

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nikke-goddess-victory-rupee-money.gif

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That's a shinny little beast ;) beauty and beast together.

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What an interesting coin the silver ones I like a lot and they are the ones I usually see the most in posts here on hive but the gold ones wow the value and the color of the coin is great!

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Felicidades por la compra , excelente moneda, me encantan los metales preciosos..

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