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Video Upload 1442 (Season 4, Episode 327): Don't You Dare Stop Smiling! Now I may not be a financial advisor so nothing said on this channel should be taken as financial advice... but I love discussing all areas of personal finance. Today I talk about how diversification is key when it comes to stack. Of course I stack precious metal coins rounds and bars. Gold because in my opinion it’s the “powerhouse metal” aka the ultimate form of wealth preservation. Silver because in my opinion it’s the “opportunity metal” aka has the most potential to performance and the most room to grow over time from my perspective. Copper (an industrial metal) because I believe it’s wealth preservation on a micro level and is likely to hold its value, but I only stack free copper. Dollars because it’s the system we were given while living in the land of the free and because it’s the easiest fiat/currency tool to use in an emergency situation. And last, credit cards because building credit has not only been opening financial doors for me (like lowering interest rates/APR, increasing the likelihood of being approved for loans, credit cards, and renting apartments, and eliminating the need for down payments on cars, phones, and utilities. Not to mention my cash back credit cards off me 1%, 1.5%, 2%, 3%, 4%, and 5% cash back on all of the things I need to purchase anyway. Credit cards help me save and make money. What are YOU stacking? And why? Let’s talk about it.
#Silver #Money #Gold
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