This is When I'm Getting Out of Gold

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2 is 1

2 is 1

Күн бұрын

Пікірлер: 293
@kenwood3988
@kenwood3988 Жыл бұрын
Obviously no one wants to ever sell their gold, but since discovering this channel about two years ago i managed to save up 20 oz of gold (mostly eagles and buffaloes). And I'm forever grateful that you got me into this vendetta i was laid off last month and knowing i have some significant additional reserves in the form of gold makes it a lot less stressful than it otherwise might be.
@2is1gold
@2is1gold Жыл бұрын
Hope it turns out for the best. Good luck!
@michaelcohen8557
@michaelcohen8557 Жыл бұрын
As important as it is to put aside gold for your kids, it's equally important to give the the financial education needed to make wise decisions with it. I've read somewhere that most generational wealth is lost in the next generation... Lets make sure we don't fall into that statistic! Thanks for the awesome video!
@InappropriateShorts
@InappropriateShorts Жыл бұрын
Never curse people with unearned wealth😇 (unless you don’t like them 😈)
@2is1gold
@2is1gold Жыл бұрын
I'm working both sides of that. Cheers!
@wyldbill100
@wyldbill100 Жыл бұрын
Your "end-of-video" quotes are always enjoyable and another "value" that you provide for the rest of us. Thank You.
@2is1gold
@2is1gold Жыл бұрын
Thanks!
@edb3877
@edb3877 Жыл бұрын
Agreed. I love great quotes from the past. This is a great way for the knowledge and experience of those who came before us to be transferred to subsequent generations. Although we cannot tell them this directly, it is good to give thanks to those who have passed on their knowledge and experience via their quotations. I keep a file on my PC that contains many of the best quotes from the past and it is good to read through these from time to time.
@derrickgarrigus7235
@derrickgarrigus7235 Жыл бұрын
Thank you for your videos. I've been a collector for 53 years. Sometimes in this age of media I get spooked and buy out of fear now. Your videos bring me back to reality.
@2is1gold
@2is1gold Жыл бұрын
That’s great!
@aleski4090
@aleski4090 Жыл бұрын
“That’s a lot of gold, well for me at least” humility through and through
@edb3877
@edb3877 Жыл бұрын
Yes, it is, but I suspect that a number of those on this channel are zeroing in on a number very much like that, if not more than that, as we speak.
@aleski4090
@aleski4090 Жыл бұрын
“There’s always a bigger fish” -Master Qui-Gon Jinn
@honorcode6837
@honorcode6837 Жыл бұрын
Let’s face it, life is tough. My goal with gold is to help my son and future grandchildren. I have almost 300 ounces set aside for him. He will also inherit many rental homes, including a beachfront house on a private island in SC. To ensure that he receives this at my death makes me feel like a successful father. Career never made me feel successful, even though it pays well. Being a caring and non selfish father is a huge reward. I hope that he never needs it to liquidate these assets, and that he can pass it on to his kids. I do think about the things that I could do with that money, but it makes me feel selfish to spend it on luxuries.
@2is1gold
@2is1gold Жыл бұрын
Impressive.
@JohnDoe-fb1uk
@JohnDoe-fb1uk Жыл бұрын
When I have extra money on after ALL of my other financial priorities have been met, I buy physical gold and silver. I purchase and I NEVER sell. It is my personal insurance against the entire humanity of the world.
@bullionaddict9164
@bullionaddict9164 Жыл бұрын
I just happened to catch the Bald Guy's video yesterday. Both yours and his video are food for thought 🧐
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@WorldMoneyWins
@WorldMoneyWins Жыл бұрын
DUDE!!! I will TOTALLY go in halvsies on a castle in Europe with ya! :-) I used to flip through the pages of DuPont Registry for homes, and drooled over the French Chateaus that were 12,000sq ft for only 4 million bucks. Cant take my NHC stuff with me there though. LOL
@2is1gold
@2is1gold Жыл бұрын
Just need larger grounds for those nighthawks! 😄 Took me a minute to ID you, btw. I'm getting soft. 🤜🤛
@WorldMoneyWins
@WorldMoneyWins Жыл бұрын
@@2is1gold We can just use the basement of the chateau 😂
@brictator
@brictator Жыл бұрын
If I'm lucky I still have 20 years to finish the pyramid and burial chamber while construction materials bottom out but filling it with enough gold for the afterlife is getting tough at these prices
@2is1gold
@2is1gold Жыл бұрын
Ha, good luck!
@TheQuickSilver101
@TheQuickSilver101 Жыл бұрын
My expectations for retirement have always been modest, but some of my gold does play a role. I've seen too many older folks who encounter an emergency that they can't deal with because they have no savings or at least not enough. I have a fair amount of my money invested in other things that are (hopefully) going to continue to grow. Gold is my emergency money; I've used it like that already and I might again but I for certain will when I retire. Thanks!
@2is1gold
@2is1gold Жыл бұрын
Makes good sense. 🤜🤛
@Smiling_mike
@Smiling_mike Жыл бұрын
Nice, makes me feel well prepared! Buy the dip! Life is good if you prepared!
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@MC-.-
@MC-.- Жыл бұрын
Only recently have been enlightened to the precious metals world. Got y first tube of gold, now I look forward to the second. I can see the the many many possibilities…I appreciate a glimpse into your ideas, thanks!
@FLmetalhead
@FLmetalhead Жыл бұрын
New and already have a tube?! Should definitely change your profile picture though. The mask?
@2is1gold
@2is1gold Жыл бұрын
That's great!
@MC-.-
@MC-.- Жыл бұрын
@@FLmetalhead ha ha ha, yeah I use it tweak people. Don’t mind it. I hate the stupid things as I do understand it is a symbol of obedience. However, yeah I will replace it soon….maybe.
@FLmetalhead
@FLmetalhead Жыл бұрын
@@MC-.- 😎
@THECRANKYONE
@THECRANKYONE Жыл бұрын
Great mail all Mississippi! Love the 1/2 round from Silver Struck! As I always say.. stay safe, shoot straight and keep stackin y'all!
@burke9497
@burke9497 Жыл бұрын
Hey 2 is 1. Good to hear from you this morning. J
@2is1gold
@2is1gold Жыл бұрын
Hey Jeff! 👋
@weststephan5253
@weststephan5253 Жыл бұрын
I don’t have a plan for my assets, both PMs and other assets. I do have 3 kids and I am an older father, so when I am 65 my youngest twins will be 21. I’m pretty sure I’ll be working well past 65 to cover my family’s needs. I’ve been working since I was 13, initially at my father’s gas station. I’m teaching my kids about saving, but they are still a bit too young to understand. I pray time is on their side!
@edb3877
@edb3877 Жыл бұрын
IMO, kids are never too young to learn the basics of good money management. My Mom started teaching me about money with I was 5 years old. She did not give my complex lessons, just the basics. But as I grew older, she enhanced and expanded these lessons until they were appropriate for my age. I adored my Mom and was very sad when she passed at age 87 in 2015. But I have a lot of her knowledge and experience saved in my memories. I have passed a lot of this on to our own kids and grand kids, so am hoping that they will be able to make use of it in their lives.
@myronsmith135
@myronsmith135 Жыл бұрын
One of the best videos I of yours (and on this subject) I have ever watched. Your plans for use of gold for something other than “zombie apocalypse” was truly inspiring ‼️ 11:35
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@superdutyohv3401
@superdutyohv3401 Жыл бұрын
I’m trying to pile up as much as I can before having kids and I know when the kids come I’ll have to slow down so will start a more scheduled spaced out approach. Next big goal is 50 hopefully we get more lower cost buying ops. Instead of fancy cars and fancy vacations I choose gold 🤩
@2is1gold
@2is1gold Жыл бұрын
Smart.
@Mike-dd8bd
@Mike-dd8bd Жыл бұрын
or you could just not have kids and buy fancy cars/vacations plus gold.
@je2848
@je2848 Жыл бұрын
​@@Mike-dd8bd many of us don't want to be genetic dead ends.
@edb3877
@edb3877 Жыл бұрын
IMO, you are a wise man, preferring REAL wealth to the appearance of wealth via accumulated goods. You are a blessing to your family and someone they should cherish all their lives. Well done!
@edb3877
@edb3877 Жыл бұрын
@@je2848 Agreed, and there is also the thought that while not having kids seems good at a young age, it is when we become old and in need of help that it does not seem so good.
@michaelmccoy2847
@michaelmccoy2847 Жыл бұрын
Excellent message! This is my favorites you’ve done
@2is1gold
@2is1gold Жыл бұрын
Thank you!
@TwitchRadio
@TwitchRadio Жыл бұрын
I'm only able to get 2oz a year.. And my retirement is between 2028 - 2030...but I'm only using gold to pay for thoes extras (traveling, rving stuff, so on..) maybe I'll buy a small amount of land (love outdoors.. But over all I'm just using gold as a savings as well as speculating a b based off of data points I've been collecting for the last eight or nine years.... I do collect silver too but I only grabbed about 2 to 3 oz is a month and I get one 1/10th coins and 5gram bars once a month as well... I retired when I was about 26 (army medically retired).. So I have a study pay the go off of which never goes away... 4K a month... So I don't think I really need to save as much but I would if I could.. plus who knows if the dollar does fail and I doubt they're going to be able to pay me every month😂
@5ivestring
@5ivestring Жыл бұрын
My silver is for whatever, it's not the keeper for me, but better than saving paper money. Right now I'm buying about 20 ounces of silver to one ounce of gold, and this varies on special buys, either cheaper silver or a beautiful gold coin. However my gold is a none spending buy. It's hopefully for daughter and then what ever she wants to do, again hopefully pass it on. I don't buy gold for an easy sell, but more for something beautiful.
@montanastacker
@montanastacker Жыл бұрын
All I Can Do, Is Follow Your Lead!!! Thanks 🙏
@2is1gold
@2is1gold Жыл бұрын
😄🤜🤛
@spangler9792
@spangler9792 Жыл бұрын
I've just started buying gold in the last six months . My first thought was it will be for my children when I'm gone. I used all the money I would have put in the bank and invested in gold. I have collected £16,000 ,10 oz mainly Britannia's because I live in England. I made that choice because of your advice about continental preferences, when selling! My thoughts are buy as much now to take advantage of the price increase and gains in the future ,if you follow my drift. I have now decided to look at the 10 oz as back up in case things go south or take advantage of better "investment" deals in the future. Flexibility is one of the main traits of survival. I have my own house so the children can have that. I will now start thinking about a cut off date for buying gold. Continue to openly discuss and bring to the forefront that which is at the back of many of our minds!
@r.s.334
@r.s.334 Жыл бұрын
I retired at 47. Having a successful wife beats a lot of silver or gold stacks.
@2is1gold
@2is1gold Жыл бұрын
Ha, congrats!
@lukef5370
@lukef5370 Жыл бұрын
I sell gold often. The main reason being, I don't want prying eyes to know what I'm doing or where I'm getting the cash. Taxes suck! They get enough from me as it is. I haven't been stacking as long as you, but when I purchased ounces for under 1300 I used to think it was too expensive, now I wish I'd have bought more when I had those opportunities. I've been slowing down quite a bit the past few years and hardly picked up any this year. In fact, I have sold more than I bought this year, which doesn't make a lot of sense to some, but it makes sense to me, and that's all that matters. There's a method to everyone's madness, and no two ways are the same.
@MikeMarcangelo
@MikeMarcangelo Жыл бұрын
Thanks for the video, I like your plan but it makes me realize how far I am actually behind on it.
@christrout9743
@christrout9743 Жыл бұрын
Started buying in 2019 when I was 42. I’d like to be able to buy land and put a small home on it by the time I’m 50. 4 years left to save but I am on schedule so far 🤞. I will always have some gold and silver put away though
@2is1gold
@2is1gold Жыл бұрын
Nice. Good luck!
@plumtree1846
@plumtree1846 Жыл бұрын
You mentioned a vaulting service at 3:30. You also mentioned vaulting services in previous videos over the past couple of years. Has that been a good experience for you so far? Any updates on this topic?
@2is1gold
@2is1gold Жыл бұрын
It was a big pain to set up and will be a big deal any time I need to return, but I don't really deal with them often.
@SilverBritches
@SilverBritches Жыл бұрын
I look at mine as a possibility or potential. Right now I’m loading up in another realm. I think the time of easy money will return sooner than later.
@2is1gold
@2is1gold Жыл бұрын
Time to get that crypto?
@christremblay1848
@christremblay1848 Жыл бұрын
Always enjoy your videos. Thank you.
@2is1gold
@2is1gold Жыл бұрын
Thank you!
@natemr4482
@natemr4482 Жыл бұрын
Great video brother thanks for the info have a great week 🥃🥃🥃
@2is1gold
@2is1gold Жыл бұрын
Thanks Nate! 🥃
@bobandmaryw4336
@bobandmaryw4336 Жыл бұрын
This is probably my favorite video from you. Thanks for this video. I saw Bald Guy Money video. It wasn’t as easy to follow as this one, even with his spread sheets. Your 3/4 a month is interesting. Sometimes with the way the world is it gets a little daunting and if not careful a little depressing for folks who lack income or are teetering on the edge and barely scraping by. Anyway, thank you for your presentation and thoughts.
@2is1gold
@2is1gold Жыл бұрын
Thank you. Cheers!
@chuck5553
@chuck5553 Жыл бұрын
I received two packages today. 1 with two rolls of American eagles. The other was supposed to have a 1 oz American Buffalo…it was empty 😭. Looks like a postal worker wanted it more than me
@2is1gold
@2is1gold Жыл бұрын
What?! Good luck working through the insurance process.
@chuck5553
@chuck5553 Жыл бұрын
@@2is1gold thanks. I submitted a report thru USPS and the local sheriffs Dept. I think chase is all over it though
@72cmcinc
@72cmcinc Жыл бұрын
Kids, emergency, property, or retirement...excellent out ways! Good to have options! Pretty similar, I would like to stack for 10 more years and have been for about 20 years.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@WookieLove1
@WookieLove1 Жыл бұрын
Bravo! Thanks for breaking it down!
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@properjob2311
@properjob2311 Жыл бұрын
wow I need to start stacking more..you are 15 years ahead of me
@halakelbensinai4743
@halakelbensinai4743 Жыл бұрын
When gold and silver hits those biblical and Roman times of value, I'll probably be done buying. A gram of silver bought a lot, and even copper had a good amount of purchasing power. It will eventually happen.
@edb3877
@edb3877 Жыл бұрын
I agree. History does tend to repeat itself somewhat because human beings change very slowly over time. Physically, humanity has not changed all that much over the last 10,000 years. Mentally, emotionally, and spiritually are where the BIG changes have occurred during that time. Yes, we still need to work on improving the species in these regards but the progress has been pretty amazing.
@ssr4656
@ssr4656 Жыл бұрын
Your content is always thought provoking and I appreciate that!
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@olddaddybear4109
@olddaddybear4109 Жыл бұрын
I always enjoy your videos. I was lucky enough to be able to retire early. I have collected coins all my life, but am early in my precious metals journey. Similar to you, one objective is to leave some wealth to the next generation. I have also started gifting some beautiful and interesting pieces to help build some interest and habits to in the next generation as well. Similar to you, I also want to build a position to cover potential risks and needs in the future. We do spend significant time and own properties outside the US, so hopefully precious metals will help hedge against devaluation of the dollar and cover expenses in other currencies in case the dollar doesn’t buy as much overseas in the future. Also if inflation in the US continues higher than hoped and/or tax rates are increased, the same benefits of maintaining purchasing power will be true for US based expenses. I am just starting the journey. One big consideration influencing the pace of adding precious metals is avoiding higher tax rates to generate the funds to purchase, so the current pace is a bit slow... But I expect when we downsize our house, I plan to use a portion of the proceeds to get the precious metals part of the portfolio to our longer term targets. Your videos have had a significant influxes on my thinking and approaches. Thanks!
@2is1gold
@2is1gold Жыл бұрын
Great perspective. Thanks for the comment!
@simplehillbilly5852
@simplehillbilly5852 Жыл бұрын
I got 30years to go I'm making good progress I believe thanks to you. Another video well done
@2is1gold
@2is1gold Жыл бұрын
Nice!
@mattalderton3723
@mattalderton3723 Жыл бұрын
Well at least you have what sounds to me like a good plan you can plan the plan but don't plan the outcome you might be surprised I personally buy gold and silver so I don't lose money
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@calebfast8088
@calebfast8088 Жыл бұрын
Bald Guy Money is great! Glad to hear you see a few of this things too. :)
@2is1gold
@2is1gold Жыл бұрын
Yep.
@chrisdsx5
@chrisdsx5 Жыл бұрын
It's just one of the best and easiest ways to save...
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@edb3877
@edb3877 Жыл бұрын
Good video. I like the way that this was developed and the possible scenarios under which the gold would be used. I have a similar view on this but it's still good to hear about the plans of others and how they are likely to use their gold. For me, a gold stack is something that I want to leave to my heirs and also enjoy a bit in retirement. We recently had a taste of inflation that was not very appetizing, yet it is possible, if not likely, that higher inflation could be in our future. If so, then being able to supplement our retirement income for 5-6 years would be good. I have seen 1st hand what happens to the health of many people in their 80s and have NO desire to be part of that. If I make it to age 80, that will have been enough time on this rock. I'll be 74 years old this coming August, so my time horizon is relatively short... at least, I am hoping that it will be. I'm OK with that but it does change the kind of reasonable planning I can do.
@2is1gold
@2is1gold Жыл бұрын
Thanks Ed. Here’s to the lucky few!
@edb3877
@edb3877 Жыл бұрын
@@2is1gold Amen to that, Bro. Thank you for the great videos you put out. They are all very well done and interesting. I also watch some other channels but do not watch every video they put out. I DO watch all of yours because they are too good to be missed. 👍
@ryanf9028
@ryanf9028 Жыл бұрын
Dudes talking about buying castles, I’m like “Kids were having Top Ramen tonight.”
@2is1gold
@2is1gold Жыл бұрын
Ha! Joking about castles to be clear. 😅
@calebdoner
@calebdoner Жыл бұрын
I figure that the default is zero oz of gold, so anything is cushion.
@lamarravery4094
@lamarravery4094 Жыл бұрын
Originally, my goal was one oz every month, so about 120 ozs in 10 yrs. But gold's price has been a lot higher in the last few yrs and I'm not hitting that goal. I'm buying half of what I was. Maybe in a few yrs, I'll be buying a quarter of what I'm buying now.
@2is1gold
@2is1gold Жыл бұрын
I've slowed down with current prices too.
@cairpreliffechair832
@cairpreliffechair832 Жыл бұрын
There was a mention that comfortable retirement using just precious metals 15 years retired (64 years to 79 years) is 158 ounces of gold and 3,100 ounces of silver.
@2is1gold
@2is1gold Жыл бұрын
Yeah, that's from the Bald Guy Money video I referenced. I'm not sure where silver fits in, but I like the idea at the 10% he also mentioned. Cheers!
@slapdat.byteme
@slapdat.byteme Жыл бұрын
As a the sole means of a large purchase more than5 years away, I’d grade silver and gold a B-….
@cairpreliffechair832
@cairpreliffechair832 Жыл бұрын
@@2is1gold The ratio was 80% gold/20% silver because its still an international asset over silver volatile nature. Silver isn't bad for a small emergency or even monthly expenses.
@ryanf9028
@ryanf9028 Жыл бұрын
This video reminds me how broke I am. 😂
@ferebeefamily
@ferebeefamily Жыл бұрын
Thank you for the video.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@glenh4971
@glenh4971 Жыл бұрын
You are blessed to be able to buy that much gold. Can you tell me where the nearest soup line is? Can you spare a dime?
@2is1gold
@2is1gold Жыл бұрын
Ha!
@tomtharos4440
@tomtharos4440 Жыл бұрын
Good video. Thanks.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@jebruinc6411
@jebruinc6411 Жыл бұрын
Bro. Keep rockin.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@two_legit1832
@two_legit1832 Жыл бұрын
If i had $100k in gold and wanted to liquidate it to invest in property, how would i sell it off in a timely fashion without incurring the eyes of the IRS?
@akgoldbear7669
@akgoldbear7669 Жыл бұрын
Hello. May I ask you? There are books by the French writer, playwright and journalist Alexandre Dumas on your desk, have you read them? 🙂
@2is1gold
@2is1gold Жыл бұрын
A few times, yes.
@akgoldbear7669
@akgoldbear7669 Жыл бұрын
@@2is1gold 👍 I am currently reading the novel The two Dianas 🙂
@pietermolenaar3637
@pietermolenaar3637 Жыл бұрын
Yes. Nobody wants to sell. Still, I sold 45 oz last year to buy my holidayappartment in Spain. Better enjoy the gold yourself. My kids can build there fortune themself. I had to start at zero as well 😊
@cboyye
@cboyye Жыл бұрын
You've mentioned in other videos your IRA and 401k. You should reiterate your other savings in a video like this so people aren't given the wrong impression that gold is your retirement plan.
@2is1gold
@2is1gold Жыл бұрын
Maybe, but this video wasn't about using gold as a retirement plan, just what might get me to sell. I mentioned that gold sales might supplement my retirement income. I have more than an IRA and 401(k) in play, and it's hard for me to cover those details in a relevant way. Cheers!
@collanchavez
@collanchavez Жыл бұрын
Perfectly aligns with what I want to do. However I’d want to increase my amount purchased over time
@daddylandlord5575
@daddylandlord5575 Жыл бұрын
10% of your saving to Gold from 20 to 60. It will b Perfect life u will get.
@zandersohn4283
@zandersohn4283 Жыл бұрын
Thinking about selling off is definitely my least favorite part about stacking-
@2is1gold
@2is1gold Жыл бұрын
Ha, I get it.
@edb3877
@edb3877 Жыл бұрын
Agreed, but it is also critically necessary for those who want to successfully manage their wealth. ALL assets that one can purchase should be done so with some thought given to the sale of those assets. This does not meant that you want to sell or that you are going to sell, only that you have a plan to follow for such a sale should it become necessary and advantageous to you.
@wda-59-14
@wda-59-14 Жыл бұрын
I hope you'll comment on why you sold your bugout property...I find your choices well-reasoned and would like to consider your pros and cons as I look for a recreation/bugout spot of my own. Thanks
@2is1gold
@2is1gold Жыл бұрын
We got an offer for roughly double its value. There was a small window last year when real estate value exploded.
@wda-59-14
@wda-59-14 Жыл бұрын
@@2is1gold Thanks for the quick and candid response! I'll put "someday, someone may want this property more than you do and will pay dearly" in Column A.
@wernermesserer4464
@wernermesserer4464 Жыл бұрын
thinking about similar numbers, hope we are right.
@2is1gold
@2is1gold Жыл бұрын
🤞
@B29p
@B29p Жыл бұрын
I do like the castle idea. Now I want a castle.
@2is1gold
@2is1gold Жыл бұрын
Ha!
@rodgerjohnson3375
@rodgerjohnson3375 Жыл бұрын
Picked up an AGE today under 2000 spot after 2 weeks of nutty prices. Not that this is a bargain
@2is1gold
@2is1gold Жыл бұрын
Nice!
@JH-uy9ku
@JH-uy9ku Жыл бұрын
What is the actual cost of vaulting ? I’m very curious about changing to a physical metals IRA and what the costs are .
@Spilkyy
@Spilkyy Жыл бұрын
Silver is the new gold. Id say start stacking heavy on it before prices rise up like gold. Not sauing it will be worth 2,000 but i can see atleast $100 an OZ
@GetIrked
@GetIrked Жыл бұрын
How do you respond when people ask, "What about the 'opportunity cost' of dumping $100K-$400K into gold with no yield instead of investing it in stocks, or, better still, other real assets like real estate?" My answer is: opportunity cost is a rhetorical fallacy. In order to know which road is better, you must have 20/20 hindsight, so opportunity cost only works as a backward-looking measure despite the fact that anyone who uses the phrase also accompanies it with the arrogant hubris that they can somehow predict the future. What do you think? Do you ever get a pang of worry that maybe - just MAYBE - at least some of the money you put into gold would be better allocated elsewhere? Spoiler Alert: My answer is that I buy a little of everything. You name it, I probably own some of it (except maybe Pokemon cards). Gold, silver, comic books, Transformers action figures, vintage video game consoles, baseball cards, real estate, stocks, ETFs, Bitcoin, altcoins, shitcoins, shittier shitcoins... yep, I've got it all. To me, opportunity cost only matters if you completely miss an opportunity. This video really hit home with me and I greatly enjoyed it. Thanks for all you do.
@2is1gold
@2is1gold Жыл бұрын
This topic is coming up soon. I think you and I are pretty aligned here. To me it's savings that builds over time. In other words, having $100k or $400k locked away in savings is different than having $250k locked away 15-25 years earlier when I started. The opportunity is that $500 / mo I saved while I was already investing. I don't even get into the fact that my big swing at RIVN missed last year but my gold appreciated 15%. Having the gold/savings makes me far more confident to make the investment bets. My poker analogy is that if you play no limit poker with money you're afraid to lose, you will never win and you will probably lose. It makes you cut your losses on the fear of losing more. Those two analogies RIVN and NL Hold 'Em don't go well together - I should have cut that loss - but you get it. 😄 Cheers!
@AN-if5tk
@AN-if5tk Жыл бұрын
As always brilliant
@2is1gold
@2is1gold Жыл бұрын
Thanks!
@hzj7920
@hzj7920 Жыл бұрын
Most people can own gold but very few are capable of OWNING it without ever selling. Being able to keep it and pass on to the next generation is the difference between making it and not.
@2is1gold
@2is1gold Жыл бұрын
If a person can't choose to sell an asset, do they own it or does the asset own them? 😄
@jamesfarrell4929
@jamesfarrell4929 Жыл бұрын
Just make sure your family or at least one responsible family member knows where it all is. Educate on the best way to sell for the best price and not to get screwed.
@2is1gold
@2is1gold Жыл бұрын
Yeah, good point.
@InappropriateShorts
@InappropriateShorts Жыл бұрын
3:58 You’d be surprised how much property you can get with 100k. Everywhere isn’t [The video uploader has redacted this part of the comment ].
@InappropriateShorts
@InappropriateShorts Жыл бұрын
Flexing the perks of membership I see 💰
@2is1gold
@2is1gold Жыл бұрын
Depends on the part of the world we're talking about maybe.
@InappropriateShorts
@InappropriateShorts Жыл бұрын
@@2is1gold 🇺🇸 gotta know how to find the DEALZ
@beshkodiak
@beshkodiak Жыл бұрын
We chose to set aside one year’s income, in case my investments go south so we did it with gold.
@ynot552
@ynot552 Жыл бұрын
Simple but valuable. I'm 73 so that train has left the station.
@Frd4Lf
@Frd4Lf Жыл бұрын
Unless I run into an emergency I will have my gold till the day I die.
@jerrychaput2529
@jerrychaput2529 Жыл бұрын
Also true definition of wealth is health , you’ll be healthy to work n earn , biblical definition.
@Worldtraveler777
@Worldtraveler777 Жыл бұрын
Twenty years into retirement here - there are some good ideas in this video for retirement. 😅
@2is1gold
@2is1gold Жыл бұрын
Thanks!
@strykerentllc
@strykerentllc Жыл бұрын
Exchanging fiat that would otherwise be dropped on trivial trinkets, it makes perfect sense to trade it for gold. Cheers!
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@goldcic
@goldcic Жыл бұрын
Im designing a death mask like King Tutanchamun.
@2is1gold
@2is1gold Жыл бұрын
😂
@Kcconnor
@Kcconnor Жыл бұрын
I have over 150 ounces of silver. Some of it is in ASE some of it is in 1 ounce commemorations and some of it is in silver rounds and bars. Needless to say, as of yet, I don’t have a plan to get rid of my collection ( BTW I also have a considerable collection of early 20th century coins) , my wife has threatened to just throw them out on the lawn and let people grab them. So it looks like I have to find a method of selling my collection for the best price that I can.
@MikeGold22122
@MikeGold22122 Жыл бұрын
Gold...your content is Pure Gold...four 9s
@2is1gold
@2is1gold Жыл бұрын
Ha, thank you!
@tijuasmir1765
@tijuasmir1765 Жыл бұрын
Don't pass on anything to thine children...unless...they earn it... As far as when I'll get out of gold..probably never..I'm not in it now to get rich, I have that and a thousands of ounces of silver, both have a purpose and meaning. It is also a great way to deny oneself in the cares of life. Focus on your family's needs and let gold and silver be a reminder of good financial practices that you had set aside for just in case.
@DL_STACKER
@DL_STACKER Жыл бұрын
Everytime i see how much gold you have.And i look at mine i feel like i got 50 cents worth 😂😔
@2is1gold
@2is1gold Жыл бұрын
Lots of years building mine up. It adds up!
@x2dab184
@x2dab184 Жыл бұрын
All I got from this is, I'm way behind. I need to buy more gold.
@2is1gold
@2is1gold Жыл бұрын
Definitely not my intent!
@POP80Y.8
@POP80Y.8 Жыл бұрын
Thank you Sir, A Gift from the sky,,, Buy Buy Buy physical, Any fiat left Repeat, They cant print Silver /Gold
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@southernstacker7315
@southernstacker7315 Жыл бұрын
Does it matter which Coins you buy? Eagles vs. Maple leafs? Etc
@2is1gold
@2is1gold Жыл бұрын
It does, but Eagles and Maple Leafs are both great choices.
@williamdemarrais8318
@williamdemarrais8318 Жыл бұрын
To me, it makes no sense to convert gold into fiat currencies. Premiums are so large that I don't think it is worth it to buy gold.
@mr_digdeeper
@mr_digdeeper Жыл бұрын
People who are starting to buy gold should I start off with 1oz or fractional ? If I do 1oz I only can get one every other month. Thoughts… thanks 2/1
@2is1gold
@2is1gold Жыл бұрын
Depends on your patience / discipline. The 1 oz coins will save you money, though. Cheers!
@mr_digdeeper
@mr_digdeeper Жыл бұрын
@@2is1gold my patience sucks… but I need to work on that attribute I feel like the 1oz every other month will pay off in the long run.
@dougstacks
@dougstacks Жыл бұрын
Thanks
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@jerrychaput2529
@jerrychaput2529 Жыл бұрын
I like to think of farmers always complaining but they have everything, a place to play , a place to work , food to eat , water on there farm ,place to fish n hunt , so I look 👀 at precious metals as a treasure chest , I teach young people they can build there own treasure chest to go with the farm , the chest can have like a pirates 🏴‍☠️ treasure in it which you can buy and accumulate over time slowly, knowledge is power if you use it have what ever you like as long as it is stable like gold , but real secrets are have someone to love ❤️ something to do n something to 👀 forward to , will make you stable as gold. 🙏😎🌺
@2is1gold
@2is1gold Жыл бұрын
There’s some wisdom there! 🤜🤛
@jim-ry3eq
@jim-ry3eq Жыл бұрын
Wow. I can't imagine having enough "spare cash" to just drop by the lcs for a few ounces. Upper class problems, eh?
@2is1gold
@2is1gold Жыл бұрын
Some people might be in that situation. I'm not. 😄
@michaelg589
@michaelg589 Жыл бұрын
It would be amazing to be able to leave my kids 20 ounces each. Yours are very lucky! Good Work 👏🏻
@2is1gold
@2is1gold Жыл бұрын
The harder I work, the luckier I get! 😄
@DavidSagala-vs7yf
@DavidSagala-vs7yf Жыл бұрын
Bro, I just got into gold. Come on.
@2is1gold
@2is1gold Жыл бұрын
None of my WHEN conditions are close.
@InappropriateShorts
@InappropriateShorts Жыл бұрын
No you didn’t 🤫
@colossus8418
@colossus8418 Жыл бұрын
It's good to have a plan, because at least you have some drive to complete it, but if that plan has multiple endings, that is when it starts to get interesting. Which one would matter more is up to the person, but for me, an extra savings account won't hurt and that could be for retirement, but it could also be for emergencies as well. if i was to have kids then i would want to give them some as well. Mine is multiple endings.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@steventrautman7839
@steventrautman7839 Жыл бұрын
😊 If a person buys graded coins NGC pr 70 or PCGS at $ 3300 how do they make there money back when gold spot is $ 2000 05/16/2023…?
@thousandaireradio3199
@thousandaireradio3199 Жыл бұрын
I sold some more yesterday but it was a coin I didn’t like
@thingamujigger1585
@thingamujigger1585 Жыл бұрын
My exit strategy is to get out of gold as soon as i die.
@2is1gold
@2is1gold Жыл бұрын
💀🥃
@Wes_Stacks
@Wes_Stacks Жыл бұрын
I buy gold with a portion of what I make with my income properties.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@HifiCentret
@HifiCentret Жыл бұрын
That is a h.. og a lot of gold. Don't think I'm able to keep pace up although in some years I've added 160 gram and others none. The reason is that I also have a regular retirement funding (what is it called in English?) so whatever I buy in gold is on top of that. Many workplaces where I live you can't get around it. Either you work here and have 12% whatever placed in retirement fundings or you don't work here. Since I really don't believe in the total apocalypse that some here does it's fine with me. But hey more than 2 oz/year I've managed on average. Not too bad considered it is supplementary - not instead of.
@2is1gold
@2is1gold Жыл бұрын
Not bad at all!
@jacobmanalang8162
@jacobmanalang8162 Жыл бұрын
with it dipping under $2000 today i f i found a 2023 buffalo i would have swooped. same with a maple or brittania. or a pamp bar. my intentional plan is a sherp or canadian fat truck unless i can get that dumbass ripsaw from fast & furious cuz i want a tank. i see guys with brdm-2 and im super down with that or a t55. even a t-34 or sherman, most likely gonna do a can am side by side. thats no tank or armor but close enough to what i want and can afford to have maintained. your boy is tryna buy a tank tho lol
@2is1gold
@2is1gold Жыл бұрын
FDE camo? 🤠
@jacobmanalang8162
@jacobmanalang8162 Жыл бұрын
@@2is1gold gotta go woodland! im up here in the pnw!
@arafatbukhari4424
@arafatbukhari4424 Жыл бұрын
Hello 👋 Excellent 👌👍👍👍👍 video
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
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