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Silver Wheaton Corp. Message Board

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  • sammystealth Jan 13, 2013 8:53 PM Flag

    Unemployment rate and retirees

    I am one of those baby boomer's and applied for early retirement at 62 on social security. I have worked since the age of 16, but in my personal situation, life is too short. I want to enjoy my remaining years. SLW is a hedge agains't the coming inflation in my ira account.

    Sentiment: Hold

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    • sammystealth Jan 13, 2013 9:24 PM Flag

      This can be said of few corporation's,( as drop out college person, but my major was accounting... )SLW, along with TPL, fit's my bill as relatively "safe". As long as the Federal Reserve is stimulating our economy 85 billion dollar's a month. Cash is not king when the most yield that one can get is near 0% on short term securities. TPL has zero debt and buy's back it's own share's every year. SLW has near zero debt, and it's cost basis is 4 dollar silver.

      Sentiment: Hold

24.2022+0.6722(+2.86%)9:38 AMEDT