A 14-Year-old's Silver Collection [Up to date]
Here is my up to date collection, I have a little gold, but mostly silver. Silver is one of the best physical investments out there and is really undervalued. Currently, I have over 50 ounces and 1.5 grams of gold + some junk silver that isn't in the photo. This is all of the pure stuff.
Being a silver investor at 14, I have learned a lot. And one thing that I have been doing was buying consistently, regardless of price, because silver is way undervalued as of now. It is something you should buy now before it goes sky high in price.
Silver is used in so many things industrial wise and it is a necessity that we need to make different electronics. It is a great conductor and could be used for a lot of practical everyday things. It is a physical asset the fiat can't replace and the price is currently being manipulated by the elites and the higher up people who have control over the precious metal prices, and the price is way lower than where it should be. It is way undervalued, for now.
Here is a video of it, excuse the background noises...it was from watching a Conor Mcgregor v.s. mayweather commentary...
Don't get me wrong, I love cryptos as well. And I am currently investing in them. I believe silver is something to hold for the long term, and crypto is more of away to capitalize off of the market as of now and make money instantly or faster than silver. That's why I have to profit off of cryptos then invest my profits into precious metals like silver and gold as a way to save my money. In the future when I have more money, I would be interested in investing in some gold rounds or bars, especially the hand poured ones.
There's something about hand poured bars or pieces that stand out to me. I think I like them better than regular coins or bars, but hey, I like regular coins and bars too ;)
Good Collection! Keep it!
Great job Alex! Starting slow and steady and learning as much as you can will yield fantastic long-term rewards. Check out coindesk.com for some articles related to cryptos and download a jaxx wallet from the app store (if you haven't already. +don't forget to backup wallet and secure 12-word recovery phrase somewhere safe).
Keep on stacking young grasshopper!
Awesome collection Man! Stack on...
There you go @alex-icey!
Solid stack! (no pun intended 🤑😜😝)
You know where it's at!
I like the poured silver in the stack.
What sparked your interest in the all amazing AG?
Self study or have family that have shown you the way?
Keep stacking and Steem on youngster!
Impressive stack for a youngman of your age. Keeo stacking buddy
Thanks!
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STOPWhile other 14 YO are buying candy with their allowance, this in one fine collection, by the time he turns 18, only 30 ounces could buy a tricked out Camaro. Keep stacking !!!!
You have no idea how much silver cost do you
I'm not going to waste my money on a car! lol
Good work cuz!!!!! You are much more smart than all of the kids in your age group and most adults are. Keep it up, your patience I'll reward you big.
Thank you very much!
Keep stackin kid! Check out my last post.....it's right up your alley of helping you get to your goals here. @veldtgold
I forgot to mention, but I was born and raised in colorado for most of my life so far...but now im in cali...colorado has way better air quality...used to go to the garden of the gods and downtown colorado springs quite a lot because we lived near it. Steem on!
You have a nice business mind.. Wish to learn from you.. I followed you.. Follow back
Well I can tell that you're already set for life, if that is your silver collection at age 14. I'm 31 years old now, and I think I have only 10 more ounces of silver than you do.
And I totally agree with you on silver being undervalued. Historically, gold was only 14 times more valuable than silver (dont quote me on that, I just going by memory), but now that ratio has gone up considerably to like 70 times more.
Keep up the good work, and remember to diversity your investments to other areas like stocks and bonds (and cryptocurrency of course). If you havent known already, but you probably do. There are two websites where you can buy silver at spot price. I've posted it up on steemit, and I'll link it here, too.
https://steemit.com/silver/@travelalert/how-to-buy-silver-at-spot-price-plus-with-free-shipping-through-two-starter-packs
Edit- If you find any other places where you can purchase silver (or even gold or platinum) at spot price, feel free to share with me!:)