At 14, I am a silver investor. I put my spare money that I get from my family and from steemit, and put it into silver. And believe it or not, there are some valuable lessons I've learned from silver investing at the age of 14.
(My up-to-date collection)
(#1-Don't be tempted by spending)
- Since I am a regular silver investor, sometimes I look at how much I have and say, I should sell some of it to buy something else. And a lot of time I want to spend the money on stupid stuff like a watch or something dumb like that. But over time, I learned to hold onto it and let my investment grow. So to all of you investors, hold onto your silver! Don't waste it on useless stuff that won't help your future! Trust me, you'll thank me later.
image credit: http://ladylikeyou.com
(#2- You're doing this for your future!)
- Silver investing is something that I have been constantly working at and have been being very active in the recent years. And throughout my years of silver collecting, more and more people have been telling me "It's for your future!" and the more I think about it, it is! looking at the market patterns and looking into the historical value of silver, it really shows that one day, collecting it will pay off.
image credit: pinterest.com
(#3- Be patient!)
- You're not always going to have the time and or the money to invest in silver. And it takes patience to build up your stack and grow as a stacker. You have to be patient and understand it's a somewhat slow process for some people. And don't be scared to buy silver at a high price.
Anyways, thats all folks! Please resteem,upvote,comment, and follow me @alex-icey
I get quite a bit of silver from scrap electronics and gold as well. Since I been an electrician I collect a lot of old circuit breakers that have silver contacts in them. The contacts are 90% silver and are in circuit breaker, relays and switches. If you can get your hands on them they will provide you with a free way to collect silver.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah, i've heard about this method as well. My dad was going to try it, but didn't have the tools to do it. Might do it this summer though
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
that sounds like a lot of work..I guess if you are in that line of work it's sort of a "byproduct" but for most people won't have the materials or the tools...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post received a 3.1% upvote from @randowhale thanks to @alex-icey! For more information, click here!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks my jared
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by alex-icey from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Alex, maybe interesting for you... https://steemit.com/steemsilvergold/@hgmsilvergold/establishment-of-steemsilvergold-the-gold-and-silver-community-on-steemit-join-here-and-now
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is great advice for any type of investment. But with that being said I do need to look into investing in some precious metals aswell.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
nice! i followed u btw
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you just returned the favor
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wish I was as Smart as you back when I was 14!
Keep Stackin @alex-icey
AG is headed to the MOON...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @alex-icey!
Your post was mentioned in my hit parade in the following category:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You are very smart to do this as I think silver will go up dramatically in the future. When I was 14 I was buying basketball cards with every penny I had. If only I could rewind time.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Silver is the most undervalued HARD asset on the planet right now!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Amen
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
My son collects and has bought me a couple silver coins. Great advice.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
nice!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
;-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I also think silver is something to write home about! I believe silver will be the game changer and we're getting there sonnet or later... cryptos are heading the way....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
for sure..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
resteemed
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why silver and not gold?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I have both :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I wish I started when I was 14....I would've been a millionaire by now...your at the right spot buddy...keep it up.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey Alex, Im 16 years old and am another young silver stacker and love it. I just want to make sure that you are okay with putting your picture out to everyone. From the past 6 months on youtube I have learned never to show your face due to how much money you have in your house and it creates a more of a risk. Also as your stack grows and your followers grow you will be put at more of a risk due to having more people seeing your content and knowing exactly how much money you have in silver. Anyways wish you the best of luck in stacking silver and will look forward to see how much you collect over the years.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
True, but my silver is in a remote location that is not in my house. Thanks for the advice,keep stacking,
-Alex
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
you too man...you guys are awesome starting at a very young age...just having the mindset of investing. yall already winning. good stuff. I hope my son grows up like you guys on day
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
How much do you have invested? Why silver over stocks or other commodities?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So far, I have like 47 or 48 ounces. I choose it over other stocks and commodities because it is a solid currency that is undervalued and has a limited supply of. Eventually it will go up.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit