Why Buy Silver : Beginner’s Guide on How to Invest in Silver, Earn More, and Reap Profits (Kenosis Books: Investing in Bear Markets Book 6) by M. L. PILGRIM

Author:M. L. PILGRIM [PILGRIM, M. L.]
Language: eng
Format: epub
Published: 2022-05-01T22:00:00+00:00

Chapter Summary

In this chapter, you learned about finding the best silver for you to invest in and how to go about it by

● discussing both online and local stores; and

● discussing other options such as eBay, Local Bullion Dealers, Amazon, The U.S. Mint, Pawn Shops, Jewelry Stores, Numismatic Coin Shops, Online Stores, Social Media, and even Local Coin Shows.

In the next chapter, you will learn about Incorporating Silver in Your Portfolio.

Chapter 5: Incorporating Silver in Your Portfolio

Now that you know how valuable investment in silver can turn out to be, it is high time that you seriously consider investing your money in the silver market. Since investment is not easy, especially for beginners, I have combined a few tips to help you get started today. Follow all the tips religiously and you'll see your investments turning into gains.

The Silver Mindset

Emotional preparation

I have found that one of the biggest challenges in silver investing is the emotional aspect.

There have been many times that I have asked myself why I am doing this while everyone around me is happily acquiring credit cards that pay for expensive holidays and lifestyles beyond their income. At first glance, you’ll feel like the world is passing you by and that everyone seems to be doing "very well." There will be many times when you will question your actions and feel like you’ve made a colossal mistake. Remember, the mainstream media is designed to keep you placid and ignorant of the coming financial collapse, so they will advocate that everything is just fine, that you keep faith in the US Dollar, keep using your credit cards and stay away from anything that supports the contrary. Friends and family will most likely not understand what you are doing until it’s too late.

You need to surround yourself with like-minded people who see things for exactly what they are. People who refuse to be part of the "sheeple" blindly follow governments down to the pasture and then over the cliff. If you can’t find a partner or a spouse to support you through this journey, you will have a tough time. Thankfully, I live in a world where alternate thinking is just a mouse click away.

"Surround" yourself with these people, and you will have the daily motivation and financial information which will solidify your resolve to invest in silver. In the same breath, please stay away from people who disagree with your decisions, who say you are mad, and who plant seeds of doubt in your mind despite you knowing infinitely more than they do on the subject. When you feel entirely uncertain, simply revisit the fundamentals and make sure that they have not changed. If you still agree with each of the fundamental reasons why silver will dramatically increase in value, then you’ll know you’re on the right path.

Investment Goals

How much silver should you own?

Each person needs to decide this for him or herself, but here are a few guidelines which can help. Given the information earlier in this chapter,

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.