I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
What are you worried about? I was worried when Trump was President. I didn’t vote for Biden but he’s not insane or a convicted felon like Trump is. We need to get involved and elect politicians who represent us all.
Been Stacking since I was 14 years old and now at 63 I've been passing it off to my Grandchildren! Stacking is not for making a quick buck but to preserve your wealth for yourself and your family!
Most people simply enter the foreign exchange market without comprehending matters like this. The first stage in building money is determining your goals and risk tolerance, which you may do on your own or with the assistance of a financial counselor who works with a verified Finance agency. And also you can learn the facts about saving and investing and create a clear plan, you should be able to acquire financial security over time and enjoy the benefits of income management.
Yeah, that guy is one asset manager that gives the breakdown of everything on how things are done, joining an effective financial community can be 100% beneficial when joined properly that's all I can say out of experience
Thank you so much for the advice. Your coach was simple to discover online. I did my research on him before I scheduled our phone call. He appears knowledgeable based on his online resume.
I've been making more than six figures passively investing with John Desmond Heppolette, who showed me the right community to join and grow mv finances and I don't have to do much work. It doesn't matter if the market is crashing, I will always make returns.
I curiously made a research of his full names after reading what you shared, I came across his webpage on-line. My portfolio suffered a big hit, holding it further won't be any good. I've heard of people netting hundreds of thousands this red season I'm really glad to see this...
This information is valuable. I quickly searched his name and his website appeared instantly, showcasing his impressive qualifications. Thank you for sharing.
I hope to accumulate as much silver as possible before the prices start going high. Oddly enough I had never saved any money. Never had any savings. But since I started saving gold and silver, I actually have close to $1,500 in savings that I would have never had before.
Amazing! I don't personally view my precious metals as an 'investment'-- but what an amazing savings mechanism! Congratulations on building your wealth
I just started stacking a few months ago. I try to accumulate about 1 oz of silver every week, depending on my financial situation. Thank you for sharing this valuable information.
I started collecting old coins when I was 15 years old, and now in my fifties. I still have that drive to ACCUMULATE as much as I can find, it's becoming harder to do these days. New to the channel and I enjoy the content.
@@SilverForeverX thank you sir, it's the intrinsic value that keeps me going. I can honestly testify, as to how the coins hedge against inflation and it's a long term plan to see it through. With premiums like they are today, it would be ten years minimum before you can recover from them. Stay the course to accumulate as much as possible and good luck to you.
There's a huge difference between stacking and collecting. I stack whatever is cheapest at the time. I do occasionally find awesome deals where the semi-nus ARE the best deal, and then, I purchase them instead. Otherwise buy the cheapest you can (reliably) acquire. Stay away from silver shot, paper silver (futures) and silver coated notes.
My experience in stacking for ten years, the best way to start is Perth Mint and Canadian silver rounds. The premiums are higher, but most collectors are willing to buy them. US mint old coins are the cheapest older 1964 dimes, quarters also Morgan's silver dollars.
This was a very good video. I could have used this information when I first started to accumulate my stack. I have made a couple of bad choices along the way but have made up for it since then. I have a pretty good stack going now.
This channel is all about trying to help our fellow stackers avoid mistakes in the early stages of stacking! I think most of us have made some questionable decisions along the way, or at least have changed strategies. At the end of the day, we still have physical precious metals and that puts us in the top 5% !
I started to accumulate a few silver rounds and had an instinct to buy 100 oz bar for spot at a gun shop but didn’t. I knew the price was favorable and headed up at $15-$16 /oz . Maple Leaf, Perth or Britannia 1 oz are my targets Austrian .. okay. Sound understandable advice
Accumulate first time watching your channel. Just trying to get a little bit of education on the market. Looking forward to hearing more information on how to invest or sell.
Accumulate: I ran across your video by accident, wish I had known about you before. This past year, I have bought silver. I’m going to watch more of your videos to see if I did the right thing by buying my silver. Thanks a bunch for the video!
I am just getting started out. Like, just started in the past couple days. I was looking on FB marketplace and happened upon a good deal on a couple ounces of silver, and it got me thinking I should probably keep an eye out for deals on silver. This video is great. I already had it in mind that I dont care at all what they look like, I just want real siver as cheap as possible. Maybe down the road, I'll think more about what I accumulate, but for now, i just want more.
I am just starting to accumulate silver coins. In the past, my old boyfriend collected them and I was always intrigued. Thank you for this video on tips for beginners like me. I have learned a lot!
New to viewing the channel. I did not realize that I had started to accumulate silver coins. Over the years my stepdad has been giving coins as birthday gifts.
WOW ! Just last October (2022) you had 6k subs, and now (May 2023) you have ballooned all the way to an astonishing 25k subscribers ! Holy bullion, Batman ! Awesome.....congrats ! Hopefully you'll hit 100,000 subs in 2024 !
there seems to be alot going on with us dollar right now , and unfortunately not in a positive way, so ive decided to accumulate some precious metals. Thank you Silver Forever for your informative vidoes.
Thank you for all your information as I accumulate coins for my collection. Thanks to you, I have just started collecting recently and it is growing in the 'right' direction.
Good video. I accumulate Morgan and Peace Silver Dollars and have for years. I guess that could be a form of stacking. I have a lot of junk silver and collectible coins also. Like you, as much for personal enjoyment as profit.
With the way the economy is so rickety right now, I'm beginning to accumulate for my wife, niece, nephew, and myself. This was a helpful video because I was about to begin accumulating bars, and good points on if SHTF U.s. coins would be much more trusted than a random artistic coin or bar.
Absolutely there is numismatic value in bullion coins. I have been collecting silver bullion issues for 25 years and many of the coins I purchased are worth five to ten times and even more than I paid for them specifically because of mintage numbers. I would not expect that to happen with Silver Eagles since they are minted in such huge numbers. But other world mints issue coins that do increase significantly with age.
Fist time watching you channel - I like what i'm seeing ;-) I started to accumulate silver back after the 2008 housing market crash - thats when I came to the realization that most of the countries economies on the planet are built on a house of cards. I wanted something tangible to invest in.
There are collectors of specialty maples (including some who watch the channel) who would definitely pay a high premium for these coins. HOWEVER, it can be very hard to find a buyer who is ready and willing to pay big bucks for these rare coins when it comes time to sell. If you are a beginner or amateur stacker, and you need to sell quickly--you often have to sell at an LCS, and you will not get top dollar there for these specialty coins. Proceed wisely!
Well aware this is from a year ago, however, I inherited my Grandparents (passed away) collection of silver and numismatics from my mother (still breathing) early. I caught the bug to stack and collect. My thought, a lot of the semi-numismatics are just to keep and collect. Some moments of history, special holiday, or celebration. Gifting 1oz silver is awesome especially to a kiddo seeing tge detailing close up. To me, semi-numismatic definitely has its place in the stacking community. It's not just an investment in monies, it's investment in memories as well.
I don't trust ASE unless they come from a reputable dealer. Preferably in a sealed tube. ASE's are the most counterfeited coins. I've come across two this year.
I would check out one of my new videos about scams. There are several potential scams you should be aware of if you are going to shop on sites like that. In general, I prefer to play it safe and either shop at my local coin shop or order from the major online bullion dealers. Good luck with whatever you decide for yourself!
ACCUMULATE I hear what you are saying about numismatic or graded silver. But on the other side of the coin, there’s no way for beginners to verify the AUTHENTICITY OF LARGE BARS AND SILVER ROUNDS. Another problem with Gold buyers is that numismatic collectible coins does protect you from confiscation which bullions don’t.
I’m looking to start buying silver as I don’t like the way the world is looking right now. I’m in Canada and the Canadian maple leaf 1oz is going for 40.75 and a generic buffalo head 1oz is going for 37.50. Why is the maple leaf more expensive is it because it’s a government coin? Also is a maple leaf a better choice over the buffalo head? Spot is around 31.69 why would I pay so much more for the maple leaf. I’m looking at the long term store of wealth and possibly a pay out in 10 plus years as silver is critical in the green movement. If not then I’d like to leave it to my daughter after I pass as a nice surprise. I recently found my fathers stash after I had to clean out his house and thought I’d like to do the same for my daughter.
Decent information but #2 is wrong. When kooks are released you can get them at spot +5... if someone can let me know of anyone selling prior year kooks for less than spot +15 I would love to know where.
I have a decent number of Kooks in my collection as well-- I don't think they are a bad move in general, but probably not best for beginners. When people just start stacking, they often don't understand these price dynamics and may not have a good outlet for actually selling those coins privately for a premium price
As a real estate investor, stock investor and crypto investor; it seems stupid to me to buy a bunch of coins that I'll have to spend hours upon hours figuring out how to sell (sometimes one by one) for the highest and best price in the future. If i have to spend 3 hours finding someone to buy my silver for $5 extra bucks, I coulda worked at McDonalds for 3 hours and made more money. I have a hard time finding a reason to buy a bunch of silver and/or gold. In a SHTF scenario then rare and collectibles are worthless so junk and generic silver would actually make more sense to own... This is my struggle with buying silver and gold lol.
This may be a stupid question, but if things go bellyup and we have a major collapse, how would it even be possible to to use so-called precious metals like silver to buy things??? I mean, why would someone like a farmer or craftsman exchange their crop or wares for silver versus something they could actually use like ammo for their gun or a magnifying glass(which could be used to start a fire) or water or reusable container to store things in?
I think precious metals make more sense to bridge a collapse to the other side, or in a more mild economic downturn scenario. If SHTF in a real way, you are totally right that other commodities will likely be far more valuable. I don't talk about it much on the channel, but I think that every stacker should stack a solid base of food, water, and other important tools to take care of themselves before getting into metals.. Whether your personal SHTF is a societal collapse or just a job loss, think about what you would sell your silver for in an emergency--and just stack some of that instead.
I try to avoid anything from red china. I just ordered Maple Leafs, and it turns out they are from rc although the seller is in Canada. I have my fingers crossed.
What exit strategy ? In my 66 years the only thing constant is change. The circumstances of todays economy, Is not even based in tradition, If survival is the issue stack food , seeds, ammunition. and Services
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
@@hunter-bourke21 Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
@@edward.abraham Is there any chance you could recommend who you work with? I have wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation..
@@Kim.beneteau Renowned for her proficiency and expertise in the financial market, “Julia Ann Finnicum” my financial advisor, holds a broad understanding of portfolio diversification and is recognized as an authority in this domain.
@@edward.abraham Thanks for sharing this.I just looked her up on the web and your advisor looks advanced and experienced. I will write her an e-mail shortly.
I was really hopeful of my investments this year, but all my plans have been disoriented, I've been studying the market crashes and I realized some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market. and the Federal Reserve taking a more hawkish approach to interest rates and bond purchase tapering, a correction is underway.
I grew to a 7 figure well-diversified portfolio. I only buy quality firms, anticipate to hold them regardless of what happens, pay up but not too much, keep track, sell only when necessary, and be ready to course correct. also ignore the forecasts and market views which are at best entertaining but completely useless. ever grateful to Olivia Maria Lucas my F.A... she is super helpful to a lot of beginners out there.
My father-in-law had stacked silver for many years, when he passed 7 years ago it was split between his children. Most of them sold it thinking it wasn't worth storing. We have started to accumulate our own and will also be passed down to our children/grandchildren. Silver makes an a great birthday or holiday gift... an ounce at a time.
@@Empyrean_Enigma what? He said that most of them sold and invested into the stock market. They can buy 3x the amount of silver with the proceeds And no, getting free silver is not profit. It's a gift. Wtf???
Is there anything like proof recession stock? I am 58 years and would like help in managing my retirement portfolio which is currently $1.25M...down from a high of $1.67M….
It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
Very true! I've been able to scale from $350K to $650K this red season because my FA figured out Defensive strategies to protect my portfolio and profit from this roller coaster market.
The investment-advisor guiding me is Diana Luise Hines, she is popular and has quite a following, so it shouldn't be a hassle to find her, just search her
@@frankcurrie6277 Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
I’m 20 years old and just started stacking. I’m not in it to get rich quick I’m just trying to preserve my hard earned money for the next 20-40 years. Feels better when you have gold or silver instead of a piece of paper with a number on it.
I agree. I like having my 401k in the stock market making 42% last year but it could easily change so I’m buying metals too. My mom was afraid any risk so she had her money in CD’s making near zero interest. She wasn’t even keeping up with inflation. She wanted me to invest some of her money but I wasn’t comfortable investing her hard earned money. She was very frugal and saved instead of buying stupid things.
As a preper stacker, I not only accumulate as much silver and gold as possible, but I build up other essentials like food, water, cleaning supplies, as well as toiletries....
