Where You Gonna Put It?

Source

Welcome to part 4, the last and final part to stackin 101. So far we have talked about 3 important steps to your 1st bullion order.

• Part 1, Spot price!

• Part 2, Price Over Spot.

• Part 3, What form of payment to use.

Part 4 is something that is over looked buy most Stackers in the beginning.

Where are you gonna store your bullion at?

This is probably the most important step. You have to be able to protect your investment. Now in my personal opinion there is only one way but we will go through a couple that I do not agree with.

• Dealer vault storage.

I do not recomend this one, this is basically someone storing your investment for you. Which is a bad Idea in my opinion. First rule of thumb is this, well Its actually the only rule of thumb, IF YOU CAN NOT HOLD IT, YOU DO NOT OWN IT! you must be able to have quick access to your investment. Storing your precious metals at a dealers vault, will prevent you from getting to it quickly, also you are putting your trust into someone you do not know. To sum it up dealer storage is a NO!

• Safty deposit box at a bank!

This is a HELL NO! Do not do this. I have not heard of an honest bank yet. So do not trust your investment with a bank.

So those top 2 ⤴️ I do not recommend at all. Now here is my recommendation.

• Buy a safe,

I know they are expensive, but so is your investment. It doesn't have to be a large safe,3 or 4 cubic feet is plenty to start off with, just make sure that what ever safe you buy, it can be bolted to the floor and always remenber this, YOU DON'T OWN IT, IF YOU CAN NOT HOLD IT. Plus there is no better feeling then holding gold or silver in your hand.

Have fun, stacking is one of the most enjoyable things you can do but you have to be smart about it.

Here are links to part 1, 2 and 3

Part 1

Part 2

Part 4

For more information on precious metals, visit us at #steemsilvergold.

Welcome to stacking!