 Pittsburg, Kansas | Selling is ten times harder for me than buying. I can study something and feel comfortable about buying a stock and holding it many years. But selling, I never know when.
That is why I put my gold and silver sales on auto pilot. Made about a dozen or maybe 20 GTC open orders to sell at stair stepped prices I would not feel to bad about selling at. Making pretty outstanding profits on each sale (and paying associated taxes). If they get filled, fine. If they don't fine. I have already sold more than my over all cost on much of the purchases. What is left owes me little or nothing. Mostly nothing. If all the remaining gold and silver in our accounts went to zero I would still be ahead of where I was at five years ago dollar wise. I can't feel too badly about that. Anything I sell from here on out is just gravy. Mana from Heaven so to speak. A gift.
I feel pretty good about being in that position. Even though had I held off in the last three or four month the sales I would be far "richer" dollar wise than I am today by holding on to what I had. It's ok. I don't need to win it all. I don't need to take the whole pot. I'm very happy where I am at. It is "good enough". And far better than I ever imagined it was going to be.
I resist the temptation to get greedy.
Edited by John Burns 1/22/2026 19:41
|