At 14, I am a silver investor. I put my spare money that I get from my family and from steemit, and put it into silver. And believe it or not, there are some valuable lessons I've learned from silver investing at the age of 14.
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(My up-to-date collection)
(#1-Don't be tempted by spending)
- Since I am a regular silver investor, sometimes I look at how much I have and say, I should sell some of it to buy something else. And a lot of time I want to spend the money on stupid stuff like a watch or something dumb like that. But over time, I learned to hold onto it and let my investment grow. So to all of you investors, hold onto your silver! Don't waste it on useless stuff that won't help your future! Trust me, you'll thank me later.
image credit: http://ladylikeyou.com
(#2- You're doing this for your future!)
- Silver investing is something that I have been constantly working at and have been being very active in the recent years. And throughout my years of silver collecting, more and more people have been telling me "It's for your future!" and the more I think about it, it is! looking at the market patterns and looking into the historical value of silver, it really shows that one day, collecting it will pay off.
image credit: pinterest.com
(#3- Be patient!)
- You're not always going to have the time and or the money to invest in silver. And it takes patience to build up your stack and grow as a stacker. You have to be patient and understand it's a somewhat slow process for some people. And don't be scared to buy silver at a high price.
Anyways, thats all folks! Please resteem,upvote,comment, and follow me @alex-icey
I get quite a bit of silver from scrap electronics and gold as well. Since I been an electrician I collect a lot of old circuit breakers that have silver contacts in them. The contacts are 90% silver and are in circuit breaker, relays and switches. If you can get your hands on them they will provide you with a free way to collect silver.
Yeah, i've heard about this method as well. My dad was going to try it, but didn't have the tools to do it. Might do it this summer though
that sounds like a lot of work..I guess if you are in that line of work it's sort of a "byproduct" but for most people won't have the materials or the tools...
click here!This post received a 3.1% upvote from @randowhale thanks to @alex-icey! For more information,
thanks my jared
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Alex, maybe interesting for you... https://steemit.com/steemsilvergold/@hgmsilvergold/establishment-of-steemsilvergold-the-gold-and-silver-community-on-steemit-join-here-and-now
This is great advice for any type of investment. But with that being said I do need to look into investing in some precious metals aswell.
nice! i followed u btw
Thank you just returned the favor
Wish I was as Smart as you back when I was 14!
AG is headed to the MOON... Keep Stackin @alex-icey
thanks!
Your post was mentioned in my hit parade in the following category:Congratulations @alex-icey!
You are very smart to do this as I think silver will go up dramatically in the future. When I was 14 I was buying basketball cards with every penny I had. If only I could rewind time.
Silver is the most undervalued HARD asset on the planet right now!
Amen
My son collects and has bought me a couple silver coins. Great advice.
nice!
;-)
I also think silver is something to write home about! I believe silver will be the game changer and we're getting there sonnet or later... cryptos are heading the way....
for sure..
resteemed
thanks
How much do you have invested? Why silver over stocks or other commodities?
So far, I have like 47 or 48 ounces. I choose it over other stocks and commodities because it is a solid currency that is undervalued and has a limited supply of. Eventually it will go up.
Why silver and not gold?
I have both :)
Hey Alex, Im 16 years old and am another young silver stacker and love it. I just want to make sure that you are okay with putting your picture out to everyone. From the past 6 months on youtube I have learned never to show your face due to how much money you have in your house and it creates a more of a risk. Also as your stack grows and your followers grow you will be put at more of a risk due to having more people seeing your content and knowing exactly how much money you have in silver. Anyways wish you the best of luck in stacking silver and will look forward to see how much you collect over the years.
True, but my silver is in a remote location that is not in my house. Thanks for the advice,keep stacking,
-Alex
you too man...you guys are awesome starting at a very young age...just having the mindset of investing. yall already winning. good stuff. I hope my son grows up like you guys on day
I wish I started when I was 14....I would've been a millionaire by now...your at the right spot buddy...keep it up.