By Mike Thayer
You 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.
I do my shopping at the Heartland Coin Gallery in Wichita
$pend Wisely My Friends…
Enjoy this post?
If you appreciate the article you just read and want to support more great content on BachelorontheCheap.com, you can help keep this site going with a one-time or a monthly donation. Thank you so much for your support! ~ Mike
Put some gold or silver in your monthly budget – Bachelor on the Cheap
By Mike Thayer
You 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.
I do my shopping at the Heartland Coin Gallery in Wichita
$pend Wisely My Friends…
Enjoy this post?
If you appreciate the article you just read and want to support more great content on BachelorontheCheap.com, you can help keep this site going with a one-time or a monthly donation. Thank you so much for your support! ~ Mike