What are the best strategies to protect my portfolio?, I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
@Chenghaop38 күн бұрын
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist.
@BaozhaiDongmeiw28 күн бұрын
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@JunlaiAiguo8 күн бұрын
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
@BaozhaiDongmeiw28 күн бұрын
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
@JunlaiAiguo8 күн бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@Jrome3 Жыл бұрын
To the newbies, keep in mind S&H costs if ordering online. SD Bullion is free for orders over $200 so it's best to buy at least 10 rounds. Also, watch out for high premiums. When I started in 2015, premiums were pennies over spot. Now you're looking at $4+ which is crazy high. Buy the best deal for the buck and just keep stackin.
@tonyp2632 Жыл бұрын
Same at Monument Metals.
@zzbudzz Жыл бұрын
My local dealer is 7 over spot ..🤬
@paulhare662 Жыл бұрын
Sales tax also. Here in Maryland, if I buy over $1000 per order, I avoid 6% sales tax.
@simplybeef8232 Жыл бұрын
@@paulhare662dude...I'm sorry you have to pay tax on your already taxed income currency just to get a different type of currency....
@paulhare662 Жыл бұрын
@@simplybeef8232 I have my ways of screwing the Govna, the sad thing is that those least able to afford doing so get to pay those taxes. I only mention the state tax rules as information for those starting out who are unaware.
@veritasfiles2 жыл бұрын
It's good advice. I don't know that I would spend a lot of time referencing Dave Ramsey, since he's 100% against purchasing any Gold or Silver, but I get the point you were making. I do think 40 ounces is a good initial goal, especially if you're funds are pretty sparse. Increasingly, I think 3 to 6 months worth of living expenses is a minimum everyone should think about having in Silver, in Gold, and also in physical cash. Increasingly, I'm of the mind that people might want to start thinking about having multiple years worth of living expenses, specifically in Silver & Gold. I say this only because the plans that the elites have for our future are becoming a lot more clear, and it's pretty frightening. It's going to take a lot of cooperation with others and a stout heart to stay ahead of what's coming. Keep up the good work!
@pouglwaw5932 Жыл бұрын
You're right. The plans to bankrupt middle class America are pure evil. A box of silver and a shotgun make a lot of sense.
@liamfoxy2 жыл бұрын
Just did a count on my stack, and between junk, rounds, and bars, I'm at over 300 Ozt, excluding numismatics. I'm also fortunate to have my partner in the US (I'm Canadian), so I have a silver stack in both countries.
@agamemnon1122 жыл бұрын
I'd say 40 ounces, then 100, 150, 200, and finally 300. At least that's what I'm doing. So far I'm at 118 Ozs. Goal for the end of the year is to get to 200 ounces. I'm relatively new though. I've only been doing this for about 3 months. But really the best thing to do is to go at your own pace and not overextend. For me, I keep $1500 in cash for emergencies that is put away and never touched. Whatever I have left over at the end of the month after bills and a little bit of recreation goes into stacking. I'm looking at it as more of a long-term savings account adding 10 or 20 ounces a month for the next 10 to 15 years.
@sawyer31192 жыл бұрын
At the moment, I do 500 bucks a check for silver/gold. I do scrap metal on the side for it but the price has gotten so low that lately I've been stacking and holding all the metal for when the price shoots back up to buy more in bulk. I love working with metal in general and have been way before I started stacking. But I went from 50oz being my goal, then 100, 200 and now I'm creeping towards 250. I'm shooting for 1000 now.
@paulman99892 жыл бұрын
I like your thinking = Dont start this with the thoughts of thousands of OZs But if you stay with it you will get there and then some = with having good sense
@sawyer31192 жыл бұрын
@@paulman9989 I'd have about 7000 dollars more in silver if I wasn't doing gold at the same time. But for just starting a lil under 2 years ago I feel like it's working pretty well for me so far. I think of it as a healthy addiction/hobby lol
@mysterybuyer37382 жыл бұрын
I saved saved scrap metal all my life. It's a tough business that goes in cycles. I try to market my scrap to hobbyists and am thinking about melting to make bars. Those can be sold for many times the going price of the metals but the price of fuel for the melt needs to be factored in.
@sawyer31192 жыл бұрын
@@mysterybuyer3738 actually got a little smelter and started making my own bars there for a little bit. You definitely can find people on the internet that are willing to pay more than the yard will give you, but I'm having a little difficulty mastering the purification process. But I have shined some up and sold it for double, even poured melted brass onto solid spent shells to my fellow gun enthusiasts for cool lil paperweights. It's a hobby in itself in the end. I really want to get a digital one though like Silver Dragons has and melt down silver/gold. I've only done one sterling pour for an uneven ~1kg sterling. It was still awesome tho
@mysterybuyer37382 жыл бұрын
@@sawyer3119 very good. The name of the game is to branch out to different markets when prices get tough. I know why people pay more for poured bars being a silver and gold stacker myself. It's a store of value and something to hang onto for the future. The prices at the junkyards are simply a gauge of what they buy it for as they are just a middleman. The true values of metals are even way over quoted spot prices.
@interpolagent92 жыл бұрын
My side hustle was antique sewing machines. There is quite the market for the right item. I stashed my cash over a few years and put it all in to 100 oz of silver. Extra savings went in to more silver. Paid my debts. Now I try to stack 20 oz per month, at the very least. Disipline is key. It's so easy to get caught up in the hype. Set a budget. Stick with it. Save that discipline for a splurge down the road. I'm at 300 oz in under a year. I set small goals, so it's not so daunting. My ultimate goal? As much as I can stack.
@rjsledz2 жыл бұрын
Silver is going down and went down probably about $7 since 2021 when it was at its peak at $25 an ounce for about a day or two then I started to go to 2423-24 back and forth so I don't really place too much emphasis on silver like I used to and when you try to sell silver the dealer probably takes about 40% of it anyway so you're really not making any money or even getting what you originally wanted to get. Whereas if you put $1,000 right now in your bank account such as Ally which is an online bank you're making 2% on it. And if the Fed goes to 5%, that percentage is going to just increase in your bank so while I'm all for silver and I collected some silver a while back I really feel the primary goal should be put your money in your bank or 401k and wait for your either interest to continue going or the 401K in be jumping up and down depending upon the climate of the time or moment. Putting all your eggs in silver is not going to be very good it'll be very crushing unfortunately. But it's not a total waste I mean if you have a goal of 10 years than silver is for you but if you have a goal of one year to 3 years silver is definitely not for you
@juanlepe32902 жыл бұрын
I just started yesterday and bought 5 silver coins I did buy a bracelet too but I prolly should have bought another 5 coins instead but I’m happy with it
@tristan8041 Жыл бұрын
I make low wages. But I have disposable income from saving and keeping my expenses small. So I’m experimenting with ways to improve my financial future aside from simply getting a better job. For instance I’ve started dabbling in the stock market. I’m also in my 20s. Are precious metals a smart investment or is it a richer man’s game? Because I don’t want to start converting thousands of dollars into bulk purchases. But I do have enough to buy fractionals and stuff.
@josephstupar33727 ай бұрын
3 months expenses in silver 3 months gold is my goal, personal expenses for my family, and the expenses on my 4 rental properties,
@nick111655 Жыл бұрын
I could buy from the TD bank, no shipping cost if it is at least $100.00
@bluehollar6127 Жыл бұрын
does that translate to something different if you're stacking bouillion instead of rounds?
@stephensr.c.5390 Жыл бұрын
Good Info . I just started I'm at 18oz in the first 2 months .
@henrycalhoun58098 ай бұрын
Aren't rounds more susceptible to counterfeiting?
@bobbyschmitt45772 жыл бұрын
Let me add my 2 cents! I started stacking silver and gold 6 months ago. You're never too old to start. I turn 73 years old in 2 months.
@williamjohnson6502 жыл бұрын
Well done Bobby
@Jaybizzy332 жыл бұрын
I really enjoyed your sharing that because some people won’t stack due to the thinking of that it’s to late attitude! Keep stacking my friend!
@chasewatson15052 жыл бұрын
I love this hobby! No matter the age, it is a ton of fun.
@PinoyBaldStacker Жыл бұрын
Wow thats awesome its never too late. Im 37 and i feel late
@pcjpcj1982 Жыл бұрын
@@PinoyBaldStacker don’t feel late the best time to buy silver was 15 years the next best time is tomorrow. Silver is gonna be the big winner compared to gold and there’s about 5 month supply of registered silver supposedly.
@jasonguest11232 жыл бұрын
I began collecting silver in the past year. Between coins (13 oz.), rounds (13 oz.), and bars (2 oz), I have 28 ounces so far. It has been hard to find the money for it, but I am looking forward to getting to 40 ounces one day. Thank you for all your videos. I really appreciate all you do!
@FamilyofFour302 жыл бұрын
Good job
@getx12652 жыл бұрын
Keep after it Jason and good luck!
@SoFloPepe2 жыл бұрын
Keep it going ! it will build up , once you hit 40 youll want to set a new goal
@shufflesilver2 жыл бұрын
Very close to your goal, nicely done
@SilverDragons472 жыл бұрын
I know you can do it! keep it up! 🔥🐉
@othalabro86632 жыл бұрын
1oz of Gold 120oz of Silver so far :) Two months in!
@PrimaryIgnition7 ай бұрын
add 2 oz platinum to that to round it out, nice work
@ryantate64476 ай бұрын
@@PrimaryIgnitionplatinum is off though
@PrimaryIgnition6 ай бұрын
@@ryantate6447 when it's historically low vs g and close to the cost to make an oz, it's opportunity to buy. I like stuff on sale and like long term prospects (ICE for RoW middle class and hydrogen catalyst)
@soul2soul45 ай бұрын
@@ryantate6447What do you mean by off?
@AnuddaGoy5 ай бұрын
Nty@@PrimaryIgnition
@dannyharrington4978 Жыл бұрын
This guy is absolutely right. I never saved money until I started collecting silver. It also motivates you to buy because you see the pile grow and it's fun to collect
@naneekad39607 ай бұрын
If i decide to sell, does it sell back for market value to coin shops?? How does that work, im sure there's some loss
@jiyanaroje5 ай бұрын
@@naneekad3960 one day, countries will offer exorbitant prices to people to buy that silver from you
@soul2soul45 ай бұрын
@@naneekad3960Basically yes spot price. Silver is really insurance but a lot of people are thinking it will explode
@alexanderson91714 ай бұрын
Same Im horrible about saving money... but seeing these shine and not being able to go spend them at stores helps me "save money"
@worldsdumbesttrumpturd....314323 күн бұрын
Awesome. As a burglar, I love silver stacks.
@jimc.45502 жыл бұрын
i am glad to hear about young stackers still buying silver. when i started in 1967 as a kid i trapped muskrats and sold their fur to buy silver and gold coins. a lot cheaper back then. i am now over 10,000 ounces of silver.
@handduggraverdronline2 жыл бұрын
nice man. my father and his friend did the same thing to aquire extra money. he didn't buy silver unfortunately but made decent money traping and hunting fur. I kinda do what you do. I obviously don't sell fur because it's just not worth it anymore but I sell my scrap metal and hit my local coin dealer. idk seems logical to me. trading steel in for silver basically
@feelnrite2 жыл бұрын
How do you store th that much?
@dmcac12 жыл бұрын
10,000 😯 that's amazing 😍😍😍
@feelnrite2 жыл бұрын
@@maxcactus7 I have done the math. I have 1700 oz. But he said 10,000.
@sawyer31192 жыл бұрын
@@handduggraverdronline I too do scrap metal. I do steel short term for ounce by ounce and have been just stacking and holding the rest in my garage for when the price evens back out so I can buy a bunch of silver/gold with it 🙏 I love working with metal in general
@glenallencox9662 жыл бұрын
40 was also my opening goal after that was 100. Then 500, then 1000 and I am currently working toward 1500
@b.o.b34612 жыл бұрын
Whats your address?
@pouglwaw5932 Жыл бұрын
@@b.o.b3461 You'd also better ask him if he's a gun owner.
@b.o.b3461 Жыл бұрын
@@pouglwaw5932 i am an inanimate object
@johanvanholland6074 Жыл бұрын
you will lose a lot of money than.
@galenhaugh3158 Жыл бұрын
@@johanvanholland6074 I remember when silver was less than a dollar an ounce. What's spot on silver now?
@SilverGram Жыл бұрын
I started stacking silver about a decade and I live on a fixed income. I hit my 1st 2 goals which were 100oz then 250oz. I wish I could stack faster but I'm grateful to have what I have. Good video.
@78GhostRider2 жыл бұрын
I’ve been stacking since my early 20s and now I have around 6500 ounces. I will turn 60 on my next Birthday.
@gunner5125Ай бұрын
Wish I'd have done that too! Nice!
@michaelandrew149628 күн бұрын
299.000 in Nz right now 😂
@aaronwade19408 күн бұрын
That is insane. Like 400lbs.
@FrostyLVA4202 ай бұрын
As an impoverished teenager, I'll try my best. Only at 4 ounces right now, 2 more on the way. I buy as I can afford.
@vlastimiljanko863824 күн бұрын
Don't you worry about amount.... It's not a race...... It's a marathon!! And you're young so plenty time for you to build nice one over time👍
@johndegroot180114 күн бұрын
Way to go buddy!! Keep doing your best
@FrostyLVA42014 күн бұрын
@@johndegroot1801 up to 7 ounces now
@leinad.s2 жыл бұрын
The amount of silver one “needs“ is entirely dependant on one's means. It's different for everyone.
@timstark50 Жыл бұрын
So true. Do not buy silver or gold if you are paycheck to paycheck or in lot of debt.
@Tsunseyu2 жыл бұрын
As a disabled veteran myself I use some of the WWP services. They have been providing me with therapeutic talk support which has been very helpful. Thank you very much for your content and for being so generous by putting on your auction to help us veterans especially the disabled ones🙏🏼🧘
@freedomwillring6749 Жыл бұрын
Thank you for your service to the country.
@pouglwaw5932 Жыл бұрын
Every ounce is solid insurance against paper and digital currency fraud. You have supported your country, now you are supporting your family. A noble goal.
@kimwurdeman7257 Жыл бұрын
I bought silver maples this year. What about silver eagles. Are rounds the best way
@merlinmgk Жыл бұрын
@@kimwurdeman7257 I have researched since 1996. It is now about survival. Assuming you survived the man made viruses they've thrown at us the poison in our food and soon (hopefully not)the hungry people who may want what you have. Just ask the people who survived Katrina! Food disappearing, water poisoned, chicken plants explode, eggs production down due to what's put in their food causing them not to lay eggs, food trains explode, dog and cat food, now tampered with for experimental sterilisation. A rich Mogul buying up midwest tillable acreage Put 2 and two together! You can quote me on this; "Don't be lazy with your life, just think, what if they run out of gum balls?" At the same time buying silver buy canned meat, veggies and fruit (best is bpa free, organic canned)and ANY pure, .999 silver 1 ounce rounds, 1 ounce bars, ( junk silver marked up not pretty and don't pay full price for junk). Remember the more you buy the better the price is on silver but one at a time is much better than none at a time! To have is better than to want, one at a time or as many as you can. Everytime you go to The store, ask yourself, do I really need this? Than put that into silver. The food will get you thru an initial disaster, the silver is silver and weather it's collectable or just .999 silver or junk, in bad times it's ALL worth the same when your hungry! Silver is not tied to the dollar system, it's tied to use and that can be good. Our Buddy, Warren Buffett, lol, he bought $1 billion in silver but nothing in gold! Hope this helps! L
@Ontariostacker Жыл бұрын
God bless you.
@just-inedc23812 жыл бұрын
I purchased my first silver. I got a 5oz bar and 4 rounds, 9 total. I’m hoping to get some each month to build up my stack! I’m very new to this but I’m enjoying learning about it. Thanks for your videos, I’ve learned a lot so far
@pouglwaw5932 Жыл бұрын
You're 9 ounces ahead of most people. You'll never regret the little sacrifices you make to get more.
@demolitiondan1188 Жыл бұрын
Welcome to the REAL MONEY club!!👍🏻👍🏻
@murp612 жыл бұрын
I don't think it's the amount you NEED to own but that you should own it. My silver and gold stack together is worth in the five-figures (but just barely) but the point is that I NEVER would have saved anything at all or very little if it wasn't for stacking. Stacking PM's actually made saving fun for me.
@002starboy2 жыл бұрын
Why we "should" stack silvers? Please explain.
@murp612 жыл бұрын
@@002starboy ???
@fontane007 Жыл бұрын
PM’s?
@HJohn-xn9ub Жыл бұрын
@@fontane007, precious metals
@HJohn-xn9ub Жыл бұрын
I agree that for people like me who like to spend, buying assets like this is a way to “save” via “spending.”
@therealmartingallois2 жыл бұрын
I started stacking 2 months ago, analyzed all the possible places to buy silver in my area, choose the cheapest one, and bought silver regularly. I'm at 31 ounces and my first goal is 50 by the end of the year.
@angiehernandez55052 жыл бұрын
my goal was also 50, and over one weekend ended up with 60.. happy days🙂
@janicejohnson1334 Жыл бұрын
@@angiehernandez5505 Good job . . . You took 1500 USD and converted into something that is a store of wealth . . . USD is NOT a store of wealth
@randyramey3430 Жыл бұрын
Great job Martin. I am sure you will reach your goal.
@Ontariostacker Жыл бұрын
Keep it up buddy
@therealmartingallois Жыл бұрын
@@RiccardoPatrese4 oh yeah, in the end got more than 150, kinda got overboard hehe
@armandrodriguez85012 жыл бұрын
According to a lady in Texas, the minimum is 900,000.
@hillbillystacker2 жыл бұрын
My annual goal is 100 ozs of silver and 1 oz of gold a year, that's what I aim for every year, I just doubled my silver goal for the year and am working on doubling my gold goal for the year, it's fun and I really have been able to add to my stack with the lower spot price, 10 oz silver bars add up quickly and I average 25 ozs a month the last 3 months, keep stacking my fellow PM friends
@SoFloPepe2 жыл бұрын
💪😎
@SilverDragons472 жыл бұрын
great stacking so far keep it up my friend 💪🏽🔥🐉
@jamesgaudet92932 жыл бұрын
I agree. althow I try to put Say 100 oz silver 2 oz gold 5k cash 5k bank
@dkhargroves2 жыл бұрын
@@jamesgaudet9293 Your numbers are off. Too much in fiat money vs PM
@kihealthandwellness2 жыл бұрын
@@dkhargroves Yes... makes no sense to have money in the bank these days
@TarBabyJim2 жыл бұрын
My goal for the last 3 years is 555 ounces of silver. 500 ounces for me and 55 ounces for Jesus. I'm at 435 ounces and will add about 50 more this month. I'm getting close to my goal and plan to sit back for a while and watch silver rise.
@billcat1840 Жыл бұрын
Does Jesus know where his is? 🤣.... kidding. You go!
@ronwinkles2601 Жыл бұрын
You stick with it James. It will pay off. My 4th great grandfather was named James Baldwin.
@worldsdumbesttrumpturd....314323 күн бұрын
I hope you don't give that silver to Jesus. Jesus doesn't need money
@sonnyanaya18772 жыл бұрын
I started a lil less then a month ago and I’ve now stacked 66oz!! For me that’s awesome! My goal is to have 500oz of silver and at least a half ounce of gold in my first year of stacking. I’m hoping to exceed that but that’s my minimum goal.
@SilverDragons472 жыл бұрын
that is truly awesome keep it up! you can do it! 🔥🐉
@anylife_photography2 жыл бұрын
Go with 1oz of gold bro. You'll be better off. Even if you have to lower the silver amount a little.
@SlingshotMustang2 жыл бұрын
@Sonny Anaya That's a great goal to have! 500oz of silver imo is really a very substantial stack. Sure there are people out there who have thousands of ounces, but for most of us I think 500oz is a real milestone and I consider that to be the number that probably puts you ahead of the average stacker.
@soulpatchjackson30762 жыл бұрын
@@SlingshotMustang I met that goal. But... if it's on sale. I get some more.
@mmcd31822 жыл бұрын
Awesome. For some of us when we start stacking it can become addictive- I started at a 50 oz goal and ended up with over 100 oz in one year. Now is a good time to buy, but I’ve slowed down a bit because of personal financial situations. But I still make a point to at least get 10 oz a month if at all possible. Save it save it save it and it’ll be well worth it down the road!
@constitutionalstacker57012 жыл бұрын
My problem is, the more I have, the less I feel like I have and I want more. For me, I guess there really isn't a number other than "more".
@gunsgamesgadgetschannel8632 жыл бұрын
I started stacking 8 months ago. I had a goal set to 40oz now as of today I'm in the high 50s with more coming that will put me to 60+oz of silver. I also have gold too.
@karltaylor5643 Жыл бұрын
Got 80oz this month. I'm just starting. Got another 80oz coming in soon. 160oz should be a good start for 16 ten-oz bars of .999 silver. Wish I got 10oz each week in the last 20yrs. Very late start. Better than letting it sit in the bank and lose.
@mutantryeff2 жыл бұрын
An optimal goal is your body weight in silver. For me, that is over 3000 ounces.
@paulp.8792 жыл бұрын
I think 40 oz is a very reasonable target to achieve initially. It doesn’t put too much pressure on someone, and forces you to save up for it (assuming you have a source of income already). I think aiming too high can cause all sorts or problems, especially for the middle and lower income persons, and you don’t want to be cash poor, even if inflation is on the rise. Cash is still relevant and necessary. But having a little bit of precious metal can at least offset some of that weakening dollar in the future. Great video!
@Ontariostacker Жыл бұрын
Any bit of preparedness is invaluable
@pamelapeter7442 Жыл бұрын
I would like to start to accumulate silver coins, but I'm not sure if gold coins are a better value. Which would be easier to sell in tome of need? Which has more increased value? Thanks
@georgewright92232 жыл бұрын
I read somewhere that a good amount of silver to stack for "just in case" is 200oz per person in your household/family and 50oz per animal. I think that is a really good foundation.
@russellstall1697 ай бұрын
You trying to bleed me dry!! 😂
@andyu55962 жыл бұрын
Been stacking since 2015 I am somewhere around 2400 Oz of silver and 10 Oz gold. I am 1000% convinced we will need to be into metals when we go full hyperinflation which I believe starts this year
@joju40722 жыл бұрын
Dude you are ready for fire works. Enjoy.
@Mike.L.2 жыл бұрын
I've been at it since 2008. I don't have enough gold to even mention it, but I have around 4k oz. of silver. In the event of hyperinflation, AU & AG will be extremely powerful.
@hawaiifiveohoh2 жыл бұрын
@@Mike.L. don't forget about copper (bronze) the big 3 of money metals since the beginning of time.
@andyu55962 жыл бұрын
@@Mike.L. that's a very solid stack. Good job
@Mike.L.2 жыл бұрын
@@andyu5596 Thank you. Lots of sacrifice and mistakes along the way.
@carlmohr54602 жыл бұрын
I scrap aluminum and copper routinely and I've never thought to put the "fun" money into silver. Mind blown! Thanks for the idea!
@Xjicnejzlcowbxikvjeoalvphwvepv2 жыл бұрын
How do you scrap?
@94SexyStang2 жыл бұрын
I cash all my spare change for silver every year.
@Mr123HEAVYMETAL Жыл бұрын
Light metal for "Heavy Metal" It's the way,,,
@Mr123HEAVYMETAL Жыл бұрын
@@Xjicnejzlcowbxikvjeoalvphwvepv look up your local recycler in your area, They buy scrap metal. It's a commodity, it has value. They turn it into useable items and resell it.
@GTFBITK Жыл бұрын
@@94SexyStang smart bro 💯
@BobbyLegs2 жыл бұрын
I started 2 months ago and went at it a little too obsessively. I have 285oz now and trying to pause. Aiming to end the year with 300oz. Next goal is to reach 500oz.
@tagnut19522 жыл бұрын
I'm in the same boat. More addictive than I thought it'd be.......ha
@michaelhowery52122 жыл бұрын
I might have 47 oz some coins are not full oz
@ncmetalfan52672 жыл бұрын
Similar for me, started is early march. At about 220oz of silver, 2.5oz gold and 4oz platinum
@muscleandmath2910 Жыл бұрын
How rich are you people?!
@ncmetalfan5267 Жыл бұрын
@@muscleandmath2910 well for me part of it was just moving a little savings over to metals, and another part is I don’t have many hobbies anymore. I used to ride dirt bikes (sold 2 recently), golf (don’t really golf anymore), don’t go out drinking. Basically if I’m not at work, The only hobby I focus on these days is photography. So I’ve had a little extra to put into PMs this year -Luis I wanted to “catch up” a bit lol
@getx12652 жыл бұрын
I've advised several friends when starting out to get a roll of pre-65 dimes and a tube of ASEs. I like this solid base to build upon because each is widely recognized and would be the first silver items mainstream America would feel comfortable dealing with. However, with the crazy high premiums of ASEs, I'd change out the buffalo rounds for the ASEs nowadays. Whatever the initial goal is, it is very important to have one! Just make it something able to be achieved with some effort and not overwhelming.
@SilverDragons472 жыл бұрын
yes buffalo rounds a great way to start stacking! 🔥🐉
@josephdillon52032 жыл бұрын
just to clarify, you are switching to the buffaloes from the ase's because of the premiums?
@getx12652 жыл бұрын
@@josephdillon5203 Yes. Most likely even beginners would balk at paying more than $10 more per oz for the ASEs… even though I’d rather have the ASEs.
@pouglwaw5932 Жыл бұрын
You're right . There's nothing wrong with clearly marked silver round coins. Beautiful, solid, real money.
@drayke6936 Жыл бұрын
I started my silver stacking with a sealed tube of 2022 Ase's not knowing anything about premiums. No regrets though. Ill be buying a tube of ASE's once per year as long as they make em
@TheTorkerman2 жыл бұрын
Bought my first OZ in 2004, now my teenage kids stack too, makes me happy👍🏼👍🏼
@GTFBITK Жыл бұрын
Smart kids.
@scotts13562 жыл бұрын
I watched a youtube video and the guy dug really deep into silver. He said that if you have 42 to 102 ounces, you're in the top 20% of all silver stackers. That percent does not include companies or corporations, only private individuals. Anything above 102 ounces, puts you in the top 10%.
@langjr02 жыл бұрын
The Bald guy, lol 😅
@c39v262 жыл бұрын
I saw the same video,415 ozs outs you in the top 1%😃
@HappyBuddhaBoyd2 жыл бұрын
Don't put too much credit into those ideas. There is absolutely NO WAY Rafi can support that information. My best guess is that 102 oz would probably be below 90%, as most
@scotts13562 жыл бұрын
@@HappyBuddhaBoyd After I thought about it, I agree with you.
@longgone9738 Жыл бұрын
@@HappyBuddhaBoyd I think you, too, misunderstood his calculations. He was not limiting the statistics to stackers, but ALL people.
@preciousmetalbulls2 жыл бұрын
I just recently started stacking. My goal is to have 100 oz by the end of this year. I am about a third of the way there now.
@preciousmetalbulls Жыл бұрын
Well over my goal now. 😃
@thomasmccollum41242 жыл бұрын
Monument Metals has 2022 silver Brittanias for $3.75 over spot in any quantity
@johninphx93602 жыл бұрын
I got it in my head that 500 oz of silver was the big goal. I reached 541 and switched to gold. I'm only at 9 oz of gold. 20 oz is my goal on the gold. So 500 oz of silver and 20 oz of gold is my minimum.
@delaville6802 жыл бұрын
Subscribe to roadtoroota channel. Listen for a few days. You may change your mind on owning so much gold over silver. He has done a ton of research.
@damoney2009ify2 жыл бұрын
Platinum
@hereweare90112 жыл бұрын
Yeah, that stuff is heavy.
@johninphx93602 жыл бұрын
@@damoney2009ify I have been thinking about platinum coins. Not as high as gold but alot more then silver.
@damoney2009ify2 жыл бұрын
@@johninphx9360 platinum is more undervalued than silver just a thought tho but can't go wrong with gold.
@rjones26512 жыл бұрын
Started off with 10 oz in 2019. After listening to hundreds of vids just like this one, my understanding is that you need to be able to cover what you need, if cash simply disappears. Use today's spot prices and equate that to how much you need to cover 1 months expenses. Then try and reach 3 months. Then 6 months. Then 9 months. Ultimately, for someone who wants to 'be their own bank', after it all comes crashing down and we are burning our old fiat currency for warmth *Weimar v2.0* I'd recommend 1000oz silver, per person in your home, for long-term SHTF scenario.
@helenbrooks4787 Жыл бұрын
In that case 9/10ths of the population will die, if not more, probably 99.5%.
@Brian-dh9lp Жыл бұрын
If that happens, you'll need more than silver.
@pixsilvb9638 Жыл бұрын
@@Brian-dh9lp he will need 9mm, or preferably 5.56 x 27mm of democracy to cover.
@PvtJoker3083 ай бұрын
Realistically there is no long term shtf. The real threat to society is war. In which you will either be fighting or fleeing for a few years then back to normal (but worse).
@TheQuickSilver1012 жыл бұрын
I think 40 ounces is a nice starting point. Once you get there you can think about what your goals are and what you want to accomplish by buying silver. Also, you can start thinking about gold. Thanks, SD!
@SilverDragons472 жыл бұрын
yes indeed and thanks for watching my friend! 🔥🐉
@michelechele27442 жыл бұрын
Silver First My goal is 200 oz per person Second goal is 500 oz per person Gold First goal One per person Second goal two person
@calvincooper11222 жыл бұрын
I started with a tube of 20 of ASE in 2014,purchased 5-10 very month. Stopped buying ASE when premiums got high 320oz the rest are Silver rounds. Have 4 more empty tubes to fill and I will have 500 oz a monster box 📦 😀 🐌 and steady wins the race 🏁 🤑🤑🤑.
@fasteddy61702 жыл бұрын
If You want to be in the 1% private owners of SILVER you need 500 oz
@georgev66822 жыл бұрын
Hi dragons, I think that you should have at least 500 ounces of silver to be secure. That's only my opinion. Great video. Stay strong 💪
@deserttropics6780 Жыл бұрын
I had the exact same strategy when I first started stacking. I was so motivated to start stacking, but had very little money. I was awakened to precious metals, which led to an awakening to personal finance in general. To date my stack has grown tremendously, as has my financial life in general.
@giovannilevoci9412 жыл бұрын
I stacked 135 oz's of silver in the first 4 months of this year and then I got real sick and had to sell 61 oz's but I'm back at 95 oz's so far. Good to have silver in an emergency...
@jacc888882 жыл бұрын
That silver really did come in handy then. Hope you’re fully recovered now.
@saysflushable2 жыл бұрын
Anything it takes to save for a rainy day is good
@Mike.L.2 жыл бұрын
You will save yourself a lot of money and aggravation if you keep a cash emergency fund. I've been in that spot numerous times and it seemed like I always lost money when I sold out of necessity. I keep a cash fund for that now and it's funny how I don't seem to get in those predicaments any more.
@martiniversen48982 жыл бұрын
You shouldn't buy PMs if you dont have at least 3 months living expenses set aside my man. I hope you are doing well.
@martiniversen48982 жыл бұрын
@@jacc88888 didnt really come in handy loosing hundreds of dollars in loses when he had to sell.
@aaroncruze46382 жыл бұрын
I like to think that an ounce of silver can equate to 1 hour of skilled labor. Most trades, plumbing, electrical, masonry, seem to offer around $20-$30 per hour. About the same as silver has fluctuated in recent years. The 40 oz goal is a great start as this can also be a payment for a skilled workers labor for an entire week.
@pouglwaw5932 Жыл бұрын
Throughout history, the value of a day's labor has been the amount of silver in a silver dime. Who knows, silver might actually be that valuable again.
@ScottOuellette-p1d5 ай бұрын
I AM A LICENSED UNION MASTER PLUMBER. I DO STATE AND FEDERAL RATE JOBS WITH MEGA OVERTIME. 65-72 HOURS WEEKLY. NOT BRAGGING MY HOURLY WAGE IS 148.00 DOLLARS AN HOUR. WITH FANTASTIC BENEFITS.
@patriotwethepeople74862 жыл бұрын
I just hit 111 troy oz silver.
@2fathomsdeeper2 жыл бұрын
Just bought 48 buffalo today, and 120 last week. Another 144 to go to finish my goal of 500 1oz rounds. Finished my goals of $500 face in dollars, halves, quarters, and dimes (1x .30 cal ammo can each). Next comes barstock of 1K each in 10 and 100 oz bars.
@kellycoleman715 Жыл бұрын
I have been buying and selling silver for decades. I bought a couple of 100 ounce bars when the Hunt brothers were cornering the silver market in the 80’s. I made a tidy profit from those. My timing hasn’t always been so good. My father got me into numismatics when I was eight years old in 1964. That was the last year that the mints made 90% silver coins. We hit the banks and got several rolls of silver quarters, dimes and halves. I still have a few rolls of those uncirculated Kennedy halves.
@lamarravery4094 Жыл бұрын
I wonder how many people did that back in 1964, going to banks and buying rolls of silver coins.
@kellycoleman715 Жыл бұрын
@@lamarravery4094 Quite a few I would imagine. Now that I think about it, that may be what got my dad interested in coin collecting. He had a lawyer friend who had a coin shop downtown who probably persuaded my dad to hit the banks. I’m so glad he did. Another friend was President of his bank and helped facilitate us getting the rolls. Of course you always wish he could have bought more, but money was tight for our family in those days.
@johnmallory5188 Жыл бұрын
Same here, when prices we're reasonable with no high premiums especially on uncirculated Morgan and Peace dollars.
@joefiola37632 жыл бұрын
I think that a minimum of 100 ounces would be a very stable base.
@williambell54102 жыл бұрын
I started stacking with my first purchase of 70 ounces on 4-30-22 when silver spot broke $23.00 per ounce. Since than have acquired 800 total ounces with spot prices as low as $18.15. My goal is 1000 ounces by end of year that try to acquire 10 ounces of gold in 2023.
@Airluxestudios2 жыл бұрын
Are you with a dealer selling at spot?
@williambell5410 Жыл бұрын
No. He is $3.75 to $4.25 over spot depending how much you purchase.
@Strength-Honor-Courage Жыл бұрын
Minimum amount of silver 100 ounces at the very least, anything above that your looking good!
@dragonslayerassociates7291 Жыл бұрын
I started purchasing 1oz Silver coins .999 and US Silver coins (used/Junk) 10, 25 and 50 cent coins for the past 3 1/2 yrs little by little. I am presently at 325 ozs. However, I just receive a nice little wind fall and I Have enough to purchase another 300 ozs of Silver and this time I will be purchasing 2 - 1oz Gold coins to add to the pile. I want to make sure that the Politician and elitist have no control of me or my finances in the coming future. SECURITY ABSOLUTE!
@scottcampbell98932 жыл бұрын
From the movie Far and Away. People were paid 4 dollars for a minimum pay job for a month in the late 19th Century. Since the dollar was about .77 oz. of silver back then, that means that they were paid around 3 ounces of silver a month. Now, to be safe, just assume 10 oz. of silver a month as a minimum to be safe. This means that 40 oz. of silver would get you by for 4 months. It is recommended that you have at least one year reserve; thus, it is best to have a minimum of 120 oz. silver to get you, and yours, by for a year. IMHO. :)
@pattysturick49262 жыл бұрын
That's a very good analysis. I have read stories where in Venezuela, people could buy a month worth of groceries for a month with one ounce of silver. We have got to stop comparing metals to debt based currencies.
@stephaneplourde59442 жыл бұрын
Started buying silver in 2018 and sitting on around 400oz Lately added Some gold cause diversification is key. All amounts are Good, Never feel "late to the party" . 1oz in 1oz more than 98% of citizen's holdings
@poochucker00762 жыл бұрын
I buy 5oz a month and try to get 1oz of gold every 6months
@Ibetiwon2 жыл бұрын
My annual goal is 300 oz of silver and 3 oz of the gold stuff!
@Zhurak2 жыл бұрын
i hit 2000 oz of silver and it started getting boring for me, also its just too much size, too much weight and volume, its hard to move so i switched to only stacking gold. the reward is so much small but seeing a handful of gold equal my entire silver stack is pretty staggering. i love gold buffalos and maples the best. Gold eagle's off color mixture bothers me mentally. The Perth gold bars are cool too, feels like pirate treasure!
@johny54542 жыл бұрын
Buy platinum Coins, it's 30 times rearer than gold and cheaper 🙂
@sandortakacs5988 Жыл бұрын
how do you feel about 1 or 10 oz gold bars? premium is high on coins. if I got it right.
@sandortakacs5988 Жыл бұрын
I like my silver heavy, robber just will not run with the loot.
@Zhurak Жыл бұрын
@@sandortakacs5988 I dont have any gold bigger than 1oz currently. I mostly just buy 1oz coins, I do have a few 1/10 and 1/4th gold eagles but the premiums are just too high to stack. I came across them at a trade show and didnt get crushed so i picked some up. 10oz and 1 kilo gold is on the bucket list for sure.. one day... if this crypto situation makes a bull run again. /sigh.
@OfficeofChiefCornerstone2 жыл бұрын
I've staked 164oz rounds, eagles, Morgan's; 4.25 oz gold in the last two years. Once I learned the truth about money I went all in. There isn't a minimum for me.
@shawnhill7588 Жыл бұрын
I started stacking silver 11 months ago and my goal was to fill 2 60-coin cases, one for coins and one for rounds. I filled my coin case and am very close to filling the rounds case. I also bought some bars so I am over my goal of 120 oz. I'm very proud of myself and my new goal is 500 oz. I've also decided to give silver coins as gifts for my grandkids. Hopefully they catch the silver stacking bug!
@johnniewalker83972 жыл бұрын
I just started with sliver and have about 9 oz but I’m just gonna take a huge short cut and buy a monster box of British 1oz sliver coins and then focus on gold lol
@Itsme-fb2ub2 жыл бұрын
I got a tube of Roos - 25oz 2x 1kg silver bars 2x 1oz gold Getting there :)
@12jacobmar2 жыл бұрын
Just put in an order for 10 more 1 oz bars bringing me to 30 oz. Sitting at a steady 10 oz per month.
@angelwbrioso82752 жыл бұрын
For me the perfect amount to achieve is 20 oz, because once you get to 20 you won't want to stop at that and will continue stacking, but if you stop before 20 oz it is possible that you stay at that and go no further.
@jeffreysmith89772 жыл бұрын
Good luck with that...
@FamilyofFour302 жыл бұрын
Yeah, I got the bug
@garrettelliott25652 жыл бұрын
Yep, once it's in your hands you just want more of it lol
@Sjackson23696 ай бұрын
I’m pushing for 100 oz of silver this year. Would like to have bought a 10 oz bar every four weeks, but we’re nearly the end of March and I have not gotten a single one yet. I think between the end of the year, sticking to that schedule, and buying a silver round here or there during the week, I can still attain that goal.
@XT66TX Жыл бұрын
I think a good start is one coin because it puts a real and tangible piece of silver into the hands of the person who's getting started. Perhaps it can be called the trial purchase with a purchase one or four somewhere around $100 worth maybe. But getting that first chunk is what I did and I slowly been building it since.
@briangale404 Жыл бұрын
I usually buy about 10 oz per month. Some months more and some less, but I buy every time I get paid
@royharris7135 Жыл бұрын
Slow and steady 👍
@JC_Chappy2 жыл бұрын
Thank you for justifying my reason to stack silver before I save up cash. 🤔🤣🤣
@Eli-qr9hc4 ай бұрын
I never had a staring point but gradually got to 100 ounces and I thought I was doing good and then I saw all these postings and conversations on the Facebook Precious metal groups, I never thought I’d see 500 ounces but after I got that I had my eyes set for 1000!
@granthill298010 ай бұрын
Your using Dave Ramsey's thoughts for your equation!!??!! Man you ARE screwed up!!!!!!!!!!!! Just lost my subscription!!!!!!!!!!!!!
@Msjflo702 Жыл бұрын
I started staking in 2011, the goal always increases, I’m at 1600 and next stop is 2000, I will never have enough 😂
@hereweare90112 жыл бұрын
I lost all my silver in a boating accident, and I don't even have a boat.
@blackghost17342 жыл бұрын
We’ll obviously cause the boat was a total loss. We barely escaped with our lives…
@rdaughty3062 жыл бұрын
I currently have 30 Oz. It is a mix. I have some generic rounds and 1oz bars and one of each ASE, a maple, a kangaroo. I would like to get a Libertad and a Britannia. Just working my way to 100 oz.
@philiplippens26902 жыл бұрын
Don't forget 90% constitutional silver. $1.40 = 1 oz of.999
@chuckf31022 жыл бұрын
Philip is right, you may need to make change if a barter situation comes up.
@TheSTeWMaN292 жыл бұрын
Got 200 oz right now, gonna keep stacking
@johnmanier9047 Жыл бұрын
I got into a discussion of what is better silver rounds or silver eagles? Since silver eagles are backed by the US government, my friend argued that they were the better shield in a depression
@cat-wv3ji2 жыл бұрын
Glad to hear that you will be donating to charity. I have about 20 ounces today and don’t plan on stopping
@thesuburbanfarmer132 жыл бұрын
I think everyone should own their own body weight in silver.
@deathwatch82 жыл бұрын
I remember you collecting beverage cans for their deposits when you started. Brings back memories. I did the same thing buying silver with the proceeds.
@peterwolf37602 жыл бұрын
I’m going to have my students doing that this year as part of my after school investment club.
@Calendyr4 ай бұрын
My first goal was 10oz. that went to 100 oz then 1000 oz then 2000 oz and I stopped at 1400 oz before reaching my last goal when I realized silver was not holding up to inflation at all. It has been flat for like 3 years, thus loosking like 10-15% per year while inflation is destroying our buying power. Been buying mostly gold for the last 2 years. I am keeping the silver in case it eventually catches up but I am not holding my breath. When I reach my goal for gold, I am thinking about getting into bitcoin. I already have some bitcoin but it's not a lot compared to my precious metal stack.
@tylershoemaker80142 жыл бұрын
Finally picked up my 1000 OZ! $29k Canadian shipped. Picking up 200 rounds next week. Been a long time waiting, leaving equities at the top in 2021 and riding out this long correction.
@screamotrucker Жыл бұрын
good idea in general...but do remember...in an emergency...like 2020 pandemic...all my local coin dealers were closed for months...so I had NO Liquidity on my silver stack
@michaelmacdonald78862 жыл бұрын
I don't have a goal but I very much enjoy adding to my stack every couple weeks or so. I like spending money and saving it, when I spend it on silver I get to keep it too. I also am quite fond of 90% but premiums are high.
@ulexite-tv Жыл бұрын
Yes, the high premiums on au Morgans are driving me toward rounds.
@PeterErikson-rd5tj Жыл бұрын
This is a Watershed Moment for us. Money printing during Crazy Pandemic , NYC unsafe , The World is Very Unstable Geopolitically , Wars on the horizon, 31 Trillion Debt. plus unfunded liabilities. Silver could Easily Shoot to $100. an ounce in 2- 3 years.
@williamhelms9245 Жыл бұрын
Thank you for this, I’ve been looking into buying silver and this helped a lot. I needed a way to structure it in my head. Make a game plan and I didn’t realize that what was stopping me was that I didn’t know what to set my goals too. 40oz, another 40 after that, then set my own. Telling my wife that my first goal is about 1000 dollars in silver might give her a heart attack though.
@knockdoun Жыл бұрын
just started stacking, I have 20 silver Britannia, 1 platinum, and 1 gold. I want 60-80 more oz of silver, and 1 more oz of platinum hopefully then I will be well balanced, then I might get some more gold depending
@Chu6um2 жыл бұрын
I would think it depends upon one's expendable income. After setting aside that 3-6 months salary for savings/emergencies, and making sure all normal monthly expenses are covered, whatever is left gets divided up with a certain percentage going into each of my various investment funds. I also split my precious metal purchases up to set aside a bit to pick up the larger amounts of gold each quarter (those premiums are still a pain). As one's income grows, so does one's ability to acquire more.
@edlansford37299 ай бұрын
New to stacking myself. Started when I turned 55 back in October of this year. Currently at 34oz and counting.
@lukef53702 жыл бұрын
I got about 80 oz of silver after 3 years of stacking , I say (about) because I have 5 coins that are 90% . I feel like I'll stop at 150 oz and from there try to stack 40oz of gold buying 4oz per year for 10 years, gonna be hard but that's the goal. I have some gold but I won't say how much, IRS may be watching 😂 I'm also a disabled veteran so thanks for your contribution to the wounded warrior project. 🙏
@anthonygalliart1789 Жыл бұрын
In 6 years I hit 3,550 Troy ounces .. My best buys were 100 oz bars. In 2 months I made a total profit of over $1,000 between those 2 bars. Right now tubes of sovereign Austrian Philharmonics are cheaper than generic Buffaloes! Keep on stacking