As I’ve mentioned before, we own a decent chunk of physical gold and silver. When Costco started selling them, I couldn’t resist — I was buying some almost every time we went there . My wife eventually got annoyed and told me to stop. I tried explaining that prices were cheap, but she shot back, “Buy it in your brokerage account, not on my credit card!”
Fast forward — GLD went from $200 to $300, and the chunk I’d bought in the $190s I sold for a tidy 15–20% gain. Recently, when I bought again at $307, she accused me of chasing. I explained my logic, but she still said, “Nope, don’t buy any more gold or silver in my account!”
Like a good husband,
I ignored her advice and went ahead anyway picked up silver calls and added more gold across all our accounts.
Fast forward, today morning I told her at last $SLV is close to my price target of $47, briefly in the morning it hit $46.5, and spot gold price hit $4000, so I am planning to sell, and suddenly she is like “Nooooooooooo… Don’t dare to touch my gold and silver”.
You can be a very smart individual, but your emotions are your enemy to your investment decisions.