Here once more 2 years been gone from the Silver Stackers

Discussion in 'Welcome New Members' started by copperhead, Mar 28, 2021.

  1. copperhead

    copperhead Active Member

    Joined:
    Feb 10, 2014
    Messages:
    410
    Likes Received:
    61
    Trophy Points:
    28
    Hope all is well for members of my past
    Been some time since a Log In
    Been living life , working , investing . Been able to keep the stack alive
    I don't buy as furiously as the past but do buy my one ounce a week at a local
    coin store $3 to $4 over & I don't care just glad to support a local store.
    when in the mood ill get a little gold 1/10 .
    I have purchased stock and developed a strategy even some crypto .
    To preserve the stack one needs a first line of defense .
    reserve investments a part of the Fiat world .
    For stock what I discovered worked well for me was the advent of no fee stock brokers
    I started by brown bagging lunch & investing with that money . I invest in all sectors
    picking good values . If I buy to high & price goes down I buy more .
    Investing in silver has shaped my mind well for investing .
    I found for me to invest in Hundreds of company's (well over ) lost count
    basically your planting seeds . If you get tight and need funds stocks are better to sell then silver
    Fiat First I have learned . Having many stocks allow you to sell what is good and not sell what is growing .
    Clearly a correct investment can surpassed dreams.
    But silver and gold proved to me a truth During the start of the pandemic
    my stock value plummeted ( stocks later on rebounded ) Silver / Gold had a hiccup & gained / held value
    Diversity my friends is key
     
  2. REDBACK

    REDBACK Well-Known Member Silver Stacker

    Joined:
    Nov 22, 2011
    Messages:
    3,990
    Likes Received:
    1,189
    Trophy Points:
    113
    Location:
    Melbourne
    Welcome
    PM sent
     
  3. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

    Joined:
    Mar 22, 2010
    Messages:
    8,287
    Likes Received:
    6,739
    Trophy Points:
    113
    Location:
    House Corrino
    Great post copperhead!
     
    heartastack and Silver Soul like this.
  4. madaw1

    madaw1 Well-Known Member

    Joined:
    Dec 5, 2011
    Messages:
    2,066
    Likes Received:
    2,984
    Trophy Points:
    113
    Location:
    Great Western Country
    Keep investing-don't keep money in Bank--Welcome back!
     
    Shaddam IV likes this.
  5. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

    Joined:
    Mar 22, 2010
    Messages:
    8,287
    Likes Received:
    6,739
    Trophy Points:
    113
    Location:
    House Corrino
    Yes, money in a bank account is a losing proposition. Inflation rate is higher than the meagre interest rate.
     

Share This Page