Now I am sure any stacker has heard that gold and silver are not investments, they are stores of wealth. However you look at it, if I buy something at $2,000 and now its worth $2,500 that is still a gain.
There are lots of different asset classes.
Everyone knows about real estate. Buying a house is the easiest thing to understand. The price of that house going up makes sense to most people too. Obviously there are cases where some prices spike while others stay stagnant thats why real estate agents will preach “Location Location Location”
Then there is stocks… that is a crazy world on its own.
Not only can you just buy a stock that goes up, there are stocks that pay a dividend. So why buy a property and risk dealing with tenants as a pseudo part time job when you can buy a stock and watch the money flow in..
But there is a crazy world of etfs, puts, calls and all kinds of things I really don’t understand
Crypto, well there’s other posts for that 😃
Then there are metals.
Sorry, I don’t really care much for platinum and palladium.
But gold and silver hold a special place in my heart.
I am fully aware that their prices are heavily manipulated but I have an intuition that eventually there will be glory for all the stackers around the world.
Apparently some big players are expecting $2,500 gold this year… sad they never talk about silver.
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