{"id":369067,"date":"2016-05-06T12:35:11","date_gmt":"2016-05-06T16:35:11","guid":{"rendered":"https:\/\/goldtadise.com\/?p=369067"},"modified":"2016-05-06T12:35:11","modified_gmt":"2016-05-06T16:35:11","slug":"experience-of-buying-on-the-way-down","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=369067","title":{"rendered":"Experience of Buying on the Way Down"},"content":{"rendered":"<p>As a long term investor in the gold sector I thought I&#8217;d share my personal experience thus far of what it&#8217;s like to buy and hold on the way down.  I&#8217;ll share my purchases on just one of my positions: Yamana Gold.  No, I&#8217;m not a high roller like some of you guys.  But I&#8217;m doing this mainly with cash I can afford to lose.<br \/>\n<a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/05\/AUY.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/05\/AUY-800x458.png\" alt=\"AUY\" width=\"640\" height=\"366\" class=\"alignright size-large wp-image-369068\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/05\/AUY-800x458.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/05\/AUY-150x86.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/05\/AUY-300x172.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2016\/05\/AUY.png 1255w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><br \/>\nThis is a stock I first bought in January of 2014 at $9.00 a share.  At the time, I thought it was a decent price because it was down from about $20.00 a share in 2012.  As you know, Yamana went on to trade below $1.40 a share in January 2016.  Brutal to say the least.  But from the first purchase at $9.00, I was buying the whole way down, and reinvesting the dividends, so that in the end I am averaged in at $3.23 per share and currently up 39.99% and $768.40 on the position.  This whole time I haven&#8217;t sold a single share of any gold stocks.  I am holding out for a big pay day a few years down the road.  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a long term investor in the gold sector I thought I&#8217;d share my personal experience thus far of what it&#8217;s like to buy and hold on the way down. I&#8217;ll share my purchases on just one of my positions: &hellip; <a href=\"https:\/\/goldtadise.com\/?p=369067\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2313,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-369067","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/369067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2313"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=369067"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/369067\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=369067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=369067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=369067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}