Stick Meter

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Fieldpiece HS33 Digital Stick Meter VAC, VDC, AAC, ADC, temperature, capacitance
Fieldpiece HS33 Digital Stick Meter VAC, VDC, AAC, ADC, temperature, capacitance
US $134.50
Fieldpiece AUA2 Milliamps & Microamp Accessory For Fieldpiece Stick Meters
Fieldpiece AUA2 Milliamps & Microamp Accessory For Fieldpiece Stick Meters
US $32.50
Fieldpiece HS36 Stick Meter with True RMS and Backlight
Fieldpiece HS36 Stick Meter with True RMS and Backlight
US $205.99
FIELDPIECE - THE ORIGINAL STICK METER   HS26
FIELDPIECE - THE ORIGINAL STICK METER HS26
US $99.00
Fieldpiece HS36 Auto-ranging Stick Meter w/ Temp & NCV
Fieldpiece HS36 Auto-ranging Stick Meter w/ Temp & NCV
US $189.99
5 yard 1
5 yard 1" Velcro Roll Stick On self adhesive Tape Hook & Loop BLACK 5m meter
US $11.89
FIELDPIECE HS36 AUTO-RANGING STICK METER W/ TEMP & NCV
FIELDPIECE HS36 AUTO-RANGING STICK METER W/ TEMP & NCV
US $218.00
Fieldpiece HS26 Original Stick Meter
Fieldpiece HS26 Original Stick Meter
US $85.00

Stick Meter

Fieldpiece hs36 meter

Metered Buying and Selling as a Way to Avoid the Swings of the Market

Times like these are incubators for volatile commodities markets. In that last five years, we've seen the cost to buy gold, silver and other precious metals double, triple and even quadruple in price.

The most common mistake new investors make when buying gold is trying to time the market. Since most commodities markets don't respond to normal supply and demand forces,  you usually can't time the market to buy at the lowest and sell at the highest points. More often, markets move mysteriously, with no cause and effect. The best advice is don't try to time it.

Instead, employ a technique called metered selling. Selling at regular intervals – all the time…or buying at regular intervals, a little bit at a time.

If you have time, start reading. Read everything you can about buying gold, selling gold, or if you're in the market for silver, read all you can about selling silver coins, buying silver bullion, buying junk silver…whatever the area in which you plan to invest. An informed consumer is the best consumer. Then, after you've become acquainted with the advantages and pitfalls of the journey you're about to embark on, decide HOW MUCH MONEY you want to invest. Stick to that amount, and then use METERED BUYING as your guide.

METERED BUYING (or selling) of precious metals is the idea that if you buy gold or buy silver at pre-determined times, regularly, on a consistent basis, you tend to insulate yourself from the markets highs and lows. You will capture the market averages better than the investor who tries to time their purchases or sales…you'll miss some highs, but you'll miss some lows and you'll probably come out even in the end.

The key is to remain consistent. Choose a time each month or each week when you want to invest, say to buy some silver coins. Stick to that schedule. Each week, approach your trusted source, make a purchase of a fixed amount of your  silver coins or other precious metal. Try not to deviate from the amount purchased or the time you've set aside. Invest no more or less than 10% of your target. Stay disciplined. If the market is down a few dollars, and you normally invest 100 each week? Invest 110…but don't get greedy. Slow and steady wins the race. The best example of long term, slow, steady investment Warren Buffet's success. Do you know of any other investor by name?  No. He's done it slowly, but surely and you can do the same. It's about being disciplined.

So on days when you plan to sell gold or silver, do the same…sell the same amount, a little bit at a time on the same day of the month. Want to sell your gold? Go ahead, throw in 10% extra and instead of selling $1000 dollars of silver, sell  $1100…but don't get greedy and don't go more than 10%. In a bear market, you're not doing yourself any favors by selling all your silver. You're fattening the coffers of a more disciplined investor.

 

About the Author

Brian Jowaisas is owner of Houston Gold Merchants in Houston, TX, a full service precious metals dealer specializing in liquidation services for scrap gold and silver and offering investment grade gold and silver bullion to its clients.

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