Drink Review: Revel Stoke Pecan Whiskey
Food Review: Wendy's Buffalo Ranch Crispy Chicken sandwich for $1

Put some gold or silver in your monthly budget

Mike Thayer 2016 (2)By Mike Thayer

Gold and silverYou budget for food, housing, utilities, a vehicle, etc., but are you including the purchase of gold or silver in your monthly budget?

You should.

It doesn't matter if your motive is retirement, a hedge against inflation, or just a defensive financial asset decision, the purchase of physical gold and/or silver is a prudent thing to do.

Owning physical gold or silver means you have a real asset, not a piece of paper or a digital certificate.  It's more practical to sell, there's no three-day waiting period for a transfer, there's no default risk and perhaps most importantly in today's world of digital transactions, there's no hacking.

You can go online and find 10 or more reasons to be buying physical gold and silver and only one of those is because the price will rise.  The key to remember is that physical gold and silver is the ultimate form of money. 

So if you haven't already done so, find yourself a local, reputable coin/precious metals dealer and start including the purchase of gold and/or silver in your monthly budget.

Spend Wisely My Friends.....

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)