Investing in silver at the age of 14 - What i've learned, Plus tips on investing.

in steemit •  7 years ago 

You may or may not know, but I invest in silver at the age of 14 and have started ever since I was about 7 years old when I was given my first coin. Now there are many things I have learned and things that I find useful when it comes to investing in silver.

Now, first of all, there are many reasons why I invest in silver. One of those reasons is because I don't believe in the fiat currency we use in America. Silver has used in the real world and is actually used for industrial purposes and has real value unlike the US dollar does, and to be quite honest I think that silver is pretty undervalued considering how hard it is to mine and how there is a limited supply left in the world.

Being a silver investor at 14, I have learned a lot. And one thing that I have been doing was buying consistently, regardless of price, because silver is way undervalued as of now. It is something you should buy now before it goes sky high in price. Silver is used in so many things industrial wise and it is a necessity that we need to make different electronics. It is a great conductor and could be used for a lot of practical everyday things. It is a physical asset the fiat can't replace and the price is currently being manipulated by the elites and the higher up people who have control over the precious metal prices, and the price is way lower than where it should be. It is way undervalued, for now. We shall see where it goes in the future.

And like I said earlier, my first silver coin was given to me at the age of 7 and I was told to collect more and hang on to it for my future. I still have that same exact coin to this day and its a canadian timberwolf.

But, I do have a few investing tips for any beginners out there. First of all, buy from a trusted source like a local approved coin shop or online from APMEX or MCM (modern coin mart- on ebay). Those two sources are probably the only ones I would buy from if I was to make an online purchase. Im sure there are other trusted sources out there as well, but those two are the ones I tend to stick to. And other than buying from a trusted retailer, my final tip for you is to just keep on stacking.

That is my collection up to date, and it may not be much, but i'm still stacking.

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Yeah, nice stack. Where are you going to open your Local Coin Shop?

Precious metals are best way to store wealth. Out of all the metals, Silver is my favorite, because it’s undervalued and because it looks beautiful in jewelry:)
You should be thankful to the person who gave you financial wisdom at the age of seven, by giving you a silver coin and teaching you the value of silver.

You have a great stack for a 14 year old, don't minimize it because it isn't as big as some youtubers or other adults. I'm sure most kids your age don't even think of their future and wealth. You are on a great path and display good decision making skills. Keep up your mindset, you will make it far in life. In he meantime, stay in school! Best of luck to you :)

This is an excellent stack at your age! Even got a little of the yellow metal in there! 👊😎. Keep it up buddy, you're doing great.

Great looking stack, wish i would have saved up that much when i was your age.

thanks for post
@alex-icey

That is incredible you should be very proud. I have three young kids and am trying to get them started stacking silver. Great post. Keep up the good work

Nice collection buddy! Keep it up!!

Such a early age to jump into saving precious metals. Very good don't ever sell. You are way of head of a lot of people. Even Adults in there 20's & 30's and beyond.

Well ahead of the curve little man 👍

Good job! Nice collection. Followed and upvoted