Stop in for a cup of coffee

I have a friend that told me 6 years ago that he was putting a large portion of his investments in Silver. I warned him against it. He was convinced to was a great investment and put 90% of his money in it and has kept it there. He insists it is a long term play.

He bought in at $16.15. Now over 6 years later, it is at $16.43. That’s a about a 1.7% return over 6 years...brilliant.

He would have done better leaving it in his checking account.