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RE: SAVING OR INVESTING!!! WHICH ONE IS BETTER?

in #life7 years ago

Invest in something that is almost inpossible to go down in value. I stack silfer because it is a lot harder for me to turn it into cash than to go to the bank and transfer or withdraw savings out and spend it. This has caused me to save a tom of money because firstly I bought it fairly low, below spot price now even, and it will never not be an ounce of silver. Precious Metals are one of the most solid investments that are also savingsnif you use them the way I do. Sometimes a guaranteed investment of increasing with inflation is the best bet. Plus silver specifically is highly manipulated by the banks like JP Morgan etc. If it goes up and any of the market manipulations end or are exposed than the price will go through the roof and that ounce of silver will go from $18 to $30 maybe $50 and some people say even higher. I think ling term that Precious Metals, especially Silver is the best investment. Short term I would play the crypto market. Buy when there are price corrections and sell when it goes back up. Buy at the bottom and sell when t goes up right before it begins to slow down. That is my $0.02. 😉 Hope I gave you some but of info you didn't consider before. But it is hard to risk losing money. I have bought stocks that doubled and others that went bust. But Silver has always remained Silver. It never isn't Silver💰

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@wwamd, thanks so much for this info. Investing in precious metals is a very good decision to make. I'll look into it.

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