Silver Stinks

As far as investing and Dave go, gold and silver might as well be lead.

QUESTION: Michelle asks Dave what he thinks of silver being a good or bad investment. Dave tells her why he wants no part of it.

ANSWER: I don’t buy any of that. Those are called precious metals or commodities, and they are extremely volatile. I don’t buy collectibles or coins or cars as an investment. It’s got a horrible long-term track record with extreme volatility. It’s one step from a total gamble.