My exit strategy is to leave it all to my children and grandchildren... I have a feeling that they will need it more than me as I think times will be tougher for them than it was for me.
I don’t consider that a “Stacking rule“ per se. But I have mentioned that many many times in prior videos, And completely agree that is a priority for a fiscal success! TFW. 👌🏼
@@YankeeStacking I explain the cost of debt this way: If you're paying 14% on your credit card debt, you're making a 14% return on the investment when you pay down the principal. The last thing a person wants is personal debt. At least business debt is deductible as a business expense. Gotta pay off the personal debt before you do anything.
Tamlyn Vibanco I do financial coaching on my channel ( bit.ly/2A7ERjD ) and I strongly agree! It’s exactly how I explain it too. One clarifying point. While most consumer debt (and especially revolving consumer debt) is very bad, not ALL debt is necessarily bad. I actually do an arbitrage with my home equity (that I could immediately pay off if I wanted to) in order to make money. It’s not the usual situation for most people, really the exception to the rule, but it certainly pays off well! ( ruclips.net/video/WR-4j4Hmi0w/видео.html ). Thanks for watching! 👌🏼
Just getting into stacking…. Rule #2 is my biggest issue right now….. I fight the urge to catch up immediately!!! Praying for peace and intelligence rn…. Being non impulsive is hard for me, especially with silver price at $18/$19 currently and the US economy looking extremely shaky…. Thanks for the amazing videos! You’ve already been soo helpful
Thats an Original Silver Dragons 🐉 Bar! its very nice!!! Look closer and you will see the dragon stamped on the bar... now I can't unsee Jay Leno.. wtf 🙈
I just started stacking 2 weeks ago, a little bit late to the party I know, but I’m hoping to be in it for the long haul. Your video have been a real help and inspiration kind sir. This one in particular has given me a game plan. Thanks for sharing your experience.
Dollar cost averaging, yes, but only on the dips. I only buy when the price has recently came down. Even if the "lower" price is higher than my average. Like the past few weeks.
Honestly, I have only been stacking for a couple years now and I have overlooked the Constitutional silver. This is something I will be needing to get into to diversify my stack. I always love your insights, Yankee! Thank you so much for the valuable education!
Constitutional is still cheap and abundant ..so far! I've been kinda eyeing the quarter and half eagle pre 33' gold coins as well. Haven't been stacking gold yet as I'm playing catch up with silver.
This was one of my favorite videos when you posted it and it still is, it’s so informative and some great advice. I actually go back and watch this video when I start getting carried away buying gold and silver. Especially when I’m buying the wrong kind of silver lol.
@@YankeeStacking I'll buy slabbed silver eagles. I can usually find them at MS69 for under $40 each. I stay away from MS70s, because they cost too much. Less chance of buying a FAKE.
Hans Anderson That’s fine. It’s just that I filled my monster box primarily with American Silver Eagles at or just barely over spot last year (many work cull or circulated Eagles). And that’s how I’d like to stack em!
I'm purchasing way less bullion, but my debt is going down and, as you have said yourself, it makes stacking even more fun when you don't feel guilt from ignoring your priorities.
Jack, I should’ve mentioned debt reduction in this video, but that wasn’t where my mind was at the time. 😬 It is obviously a phenomenal priority to have! And good job lowering your debt! 👌🏼👌🏼👌🏼
Absolutely 100%. I’ve been watching yankee for like a year now I believe. When I first started I bought a 10 oz. Buffalo bar, and 10 1 oz. Buffalo rounds. I went in to fast for my budget, but learned quick. Way more fun when you have your priorities taken care of first. Thanks for all your videos yankee!
Yankee Stacking yeah I hope you are super private about it, I’ve heard bad stories of precious metal store owners getting shot from people thinking they probably have some at their house... Oh and what’s the deal with the giveaway? Is that literally open to anybody? I only recently started subscribing to you and wasn’t sure about that since it’s such a ridiculously large giveaway if I misunderstood what you were saying. Oh and if it is just you giving it away when are you going to do it if you don’t already and how do I join if possible? Thanks!
@@SAZ-3500D I try HARD to avoid showing my face and never using my real name. I could get doxxed, but I hope that never happens. And the GAW is open to EVERYONE. It's our way to support channels and show the incredible generosity of the community. It hasn't happened yet, but I will be discussing it tonight on my "Ask Yankee" live stream.
I did find out about the coins having sales tax where the bullion does not, so I'll have to remember to always factor that into the premium price. Wanted some sovereigns but talk about sticker shock. First lesson learned.
Look for a good used safe. They are out there. Don't buy from a big box retailer though, those safes are usually "light" and can be busted into easier than you think.
My silver buying is for the end game, when silver moves, going to move fast, it’s a bargain right now. Thanks Yank for your information, our government is not up front with the American people!
All great advice. Having a good seller is soo important. I went thru several before I found mine. In the beginning I got ripped off a few times. You have to be careful. Starting slow and not buying alot at once in the beginning so you can find an honest dealer and your mistakes will be less costly. Give yourself time to learn.
Did some impulse buys but idc feel much better with some REAL WORTH on me.. Gonna be much more disciplined moving forward though so much appreciated on the info! Threw a sub!
So here we are 2 yrs later, and constitutional silver is probably the most overpriced with the premiums. I'm just starting stacking, but it's interesting to see how much changes even in that small amount of time. (just watched someone else's older video too, and what they were focusing on stacking)
Great advice. I'm just getting started and #4 hit home. I contacted a gold and silver exchange here (Canada in my city). Told then what i was looking for, gold and silver bullion, and where I was comparing pricing to (bank and online reputable dealer). They came back with a price 10% higher, which is already in the case of silver way above spot (at the time spot silver was $33cdn an ounces, and the bank or onle delarr cost was $43) and said "no shipping or taxes", like he was giving me a deal. Bullion here is tax exempt, it's money, and the companies and banks are offering free shipping over $100. I was surprised at how much of premium they were trying to charge, and touting no tax like it was a deal. Let's me know never go to that place for anything
I'm very new to staking and appreciate you rules. Fortunately, being conservative most of what you recommended I already do. It's easy to throw caution to the wind when you are excited and want to jump in with both feet. This was a bitter lesson I learned when 1st investing in the stock market. I have learned a lot from you Yankee Stacking videos. Keep up the good work.
Yankee Stacking the second rule really resonates with me because I hear a lot about politics and news with two people in the coin community and because of that they feel stacking is the way to go. I do feel most of the times people buy coins because of panic and emotional reasons. It's so hard to balance it out at the end of the day. Great video.
I have been stacking for 7 years and have not been for the last 3 years and this video is evergreen meaning still so relevant to me, just got a 2oz saint Michael shield from jm bullion off ebay for 84.25
Great vid Yankee! I was lucky enough to find a great LCS close by..i'd add that a high volume dealer has more of a margin to give you a better price that's if you make yourself a valued customer..mine happens to be a mint distributor also.
@@YankeeStacking well Yankee we have lots of friends in this community and like i said before my LCS is a mint distributer and they ship every day so maybe something could be put together
I'm 41 years old and I've just now using my very first credit card LOL and I'm doing great! I just never understood it when I was younger, so I never bothered to get one. I come from a really rough childhood being adopted by narcissistic parents that abused you and Gaslight you and tip your world upside down and inside out, you will form learning disabilities in a quick heartbeat!
Yankee Stacking, I just got off the phone and the deal is done!!!! I just acquired an MS-64+ 1907 Gaudens!!!! My White Whale Gold is a reality! Thank you Jesus for giving me this opportunity.
Yankee Stacking No pre1933??? C’mon Yankee, stop buying that Canadian stuff and get some nice old US gold coins 😁 (although I love those gold Canadian Maples Leafs). You hold a 18xx gold coin in your hand and it is awesome. I love ordering the random year and being surprised on what I get (of course from a reputable dealer). I think 1870 is my oldest “random” gold coin.
I appreciate your insights. I'm new to stacking and developed a set budget to purchase silver and gold each month. My reason for doing so is less as an investment and more as a viable currency if (when?) the dollar goes kaput. I'm starting out small as you recommended.
Silvers silver, or is it......It’s nice to treat yourself with a higher premium piece now and again. I believe after doing this for a while and some due diligence ya kinda naturally find your way..Diving into numismatics on the other end of my teeter totter has kept the habit/hobby interesting and alive for me...great vid, keep it up
Everybody has their level of motivation to keep them Stacking. I don’t need much as I am still incredibly enamored by my simple stacking priorities. Well, occasionally I’ll treat myself! 😏👌🏼
I exchange excess fiat currency for money- federal mint silver & gold. I never sell money for fiat currency. Now the world sees & uses fiat as money & I am All the more happy to pay bills & cover my cost of living with fiat while retaining my money. Sometime I purchase other forms of precious metal assets (jewelry, bars, rounds, foreign coinage, etc) for fun, speculation & diversification. Items I tore of or don’t hold an sentimental value, I often give as gifts, use for exchange or drop in the collection plate.
Really am enjoying this channel lots. I really like and agree with all 10 rules of investing. I have done some investing in metals in the past but it has become serious for me now. I am very careful of who and what i listen to. I personally cannot be talked into anything without already doing my research and it appears this channel is going to become one of my go to guys. Love it!! Keep up the great work!!!
I started off being smart about my silver purchases. Buying tubes of rounds and constitutional silver, but then found an online dealer that had a lot more variety, like the EC8 coins and the different RCM series, and now im hooked. haven't gone over budget, but i just realized i got about 30 oz just in one month. Lol. I know i am losing money with the premiums but i buy them anyway. It really seems like an addiction though, i had to stop myself yesterday from buying some birds of prey coins that were going for $80 a piece! Just have to be patient because they occasionally pop up on sites like Silver Gold Bull with much more reasonable premiums. But it's easy to miss them if you don't get notified.
Because of your and others videos, I’ve managed to avoid bad purchases. The only real hard lesson I learned the hard was is to buy from a COIN shop. Not a jewelry store that sells coins. Other than that error, my UTube teachers have done a great job for me.
Exit strategy is excellent advice, and most stackers aren't talking about it. Precious metals experience bubble dynamics like everything else. Sure you'll want a core position that you hold forever, but every investor in precious metals should consider Mike Maloney's "Wealth Cycle" concept.
Everyone had to start with their First purchase or accumulation when collecting anything. Do not be discouraged by forces you have to overcome during the journey.
@@keepitreal2044 Exactly, just keep going. Make a goal for example: I will stop eating shit food like chips and instead I will buy equivalent of 1oz per week; or each time price dips 1% per day I buy 1oz or if it is 2% than 2oz and so on. Plan your budget, don't put in more than you are willing to lose (although it is impossible to lose 100% with bullion anyway because it is not like stocks) and be patient :)
I just started a few weeks ago stacking. Only have 450 oz of silver coins and 3 oz of AGEs pre 1933. Not much but a start. It sure as hell cost a lot of money though lol
don't feel bad we all have to start somewhere, I didn't even consider I had silver as a coin collector till seeing 40% of all of our money ever printed was last year, now I look at it differently.
Single best video as a newbie. I have fallen in that panic and wanting to catch up. Living in Alaska - not a lot of LCS options. I will start looking at more junk silver - it seems more expensive. And very valid point on fractional gold. Thank you!
I have 400 silver Morgan’s! Plus a wee bit more gold/silver. Bought in a bunch at $14. Wife thought I was crazy, now I’m a flipping genius. Still buying. See it at $40 by December
There’s a pawn shop in my city that doesn’t buy a lot of metals. A few months back, I check in and found a monarch sugar skull 2oz. Piece. They sold it to me for $75 Canadian. It’s not what they’re into, and they don’t have a big demand. Now I check there every time I go past them.
Important information for everyone in this video. I've gone a step further in my cost averaging by splitting it. I have two cost averages now...pre $20 spot, and post.
Good content. I’ve had some new stackers ask me the same question, most of the time they always followed up with “what’s something good to buy if I just buy enough to get free shipping?” . It seems like that’s what I hear a lot of -people say, they don’t have a lot of money to buy all the one time, but they are asking what are some good coins or rounds to start off with at maybe your first couple of $200 or so purchases. That might be a nice video to follow up with this one (?) kind of a beginner‘s theme or ‘if Yankee could go back in time how would he start buying his first couple or five or six purchases’
@@YankeeStacking I am of the same thought process too. But what coins does that include? I may have not presented the question in the proper manner...'If you could go back in time, knowing what you know now, what different types of coins/rounds silver and gold would you start off buying/stacking and moving forward." Thanks
This was so helpful. I never thought of an exit strategy. So glad you brought this up. I'm just now starting and as you suggested, I'm going low and slow. I wish I could do more. As far as finding a good local dealer, I'm stumped. We have one nearby, but I have yet to have a conversation with him. I'm crossing my fingers he's going to be my go-to guy.
You nailed it Yankee! I could've made some serious mistakes back in March if you hadn't said things like these. I was seriously considering getting some credit to buy some gold, but watching your videos gave real perspective in how to stack in a smart way.
Discipline is a good one mate, it's easy to carried away. I buy on live UK auctions over the phone and the bidding can get very frantic and fast. There was a auction in April and I did not get a sausage, the demand for physical just nailed the prices too high and I stood firm and walked away. Had another auction last week and got everything I wanted a 2014 mule Sovereign, paid £185 more than the bullion price but well worth it to grab a rare coin, and I could not believe my luck, a lot with 2 sovereigns form the RMS Douro shipwreck the auction had run on for hours longer than it should and I was the only person still on the phones! Got both with RM COA 1871 S/B and 1872 G/D for £10 over bullion! Worth every penny to hold a piece of history in my hands........They look well for being under the ocean for 114 years.
Since beginning of time. Gold and silver have always been universally accepted as money. For me personally, I don't go for the decorative aspect of collecting. I either get bars or I get coinage created by a mint. And the reason I like things from a mint is because they are government-based. Also for me personally, I have found that taxing myself. Meaning that I take 10% of my post tax salary and buy either gold or silver. Regardless of the price at the moment. It creates a discipline for me.
I have recently bought 1.8 kilos of silver in a kilo bar and some ounce coins. And a couple of ounces of gold. Worried about the silver especially now. However, this video has several good bits of advice. The single best being using the dollar (Euro) average purchase. I will use that as my main takeaway on this. THough mostly in gold.
Yankee can you do a video on cost averaging? Do you cost average every ounce, or do you separate your 1 ounce bullion/rounds, and 2 ounce collectable coins? Do you separate your bullion and do the cost average for each coin. Like American Eagle cost average, Canadian cost average and so on.
I cost average MOST of my purchases, but do "micro-time" some acquisitions due to extraordinary circumstances (COVID-19, elections, etc.) And when there is a deal too good to pass up (like this one: ruclips.net/video/WK_vBetgYsE/видео.html ) I JUST DO IT! 😂👌🏼
I’m brand new to stacking and thankfully from the get go I knew to not waste money on buying numismatic metals and commemorative coins and proofs. It makes no sense for my goals and purpose for stacking. That would just lose money. It’s simple, buy recognizable and universally accepted coins, silver and gold, to be used as trade for when the dollar collapse is complete and they move to the digital dollar.
Hey YANKEE are the poured yankee stacking rounds available i wish I watched this video before I started stacking I had to learn all this the hard way but I pretty much agree with your stacking mentality 100 percent
![Natanael Cano - Amor Eterno [Official Video]](http://i.ytimg.com/vi/EO4prCs6WpM/mqdefault.jpg)
My exit strategy is to leave it all to my children and grandchildren... I have a feeling that they will need it more than me as I think times will be tougher for them than it was for me.
Yup. If my prepper stacker prediction does not come to pass during my lifetime I'm passing it all on to my progeny too! Thanks for watching! 👌🏼
can't agree more
That’s what I’m doing it for. I’m 35 so it will hopefully be about 50 years before my children get it.
Got in one.
@@boudreauxish a good plan is to outlive all your enemies, and when they are gone? Make a few more.lol
I think you forgot rule number 1: Before you spend cash on buying precious metals, use your cash to pay off high interest debt like credit cards.
I don’t consider that a “Stacking rule“ per se. But I have mentioned that many many times in prior videos, And completely agree that is a priority for a fiscal success! TFW. 👌🏼
@@YankeeStacking I explain the cost of debt this way: If you're paying 14% on your credit card debt, you're making a 14% return on the investment when you pay down the principal. The last thing a person wants is personal debt. At least business debt is deductible as a business expense. Gotta pay off the personal debt before you do anything.
Credit card?.. what's that?. LoL 🤣
Tamlyn Vibanco I do financial coaching on my channel ( bit.ly/2A7ERjD ) and I strongly agree! It’s exactly how I explain it too.
One clarifying point. While most consumer debt (and especially revolving consumer debt) is very bad, not ALL debt is necessarily bad. I actually do an arbitrage with my home equity (that I could immediately pay off if I wanted to) in order to make money. It’s not the usual situation for most people, really the exception to the rule, but it certainly pays off well! ( ruclips.net/video/WR-4j4Hmi0w/видео.html ). Thanks for watching! 👌🏼
@@tamlynvibanco1932 Paying debt like that is not an investment.
“Silver and Gold is money.” 👌
TRUTH! 👌🏼👌🏼
Mike Maloney.
@@davidsanderson5918 JP Morgan. + World history.
Yes :)
Facts 100%
Just getting into stacking…. Rule #2 is my biggest issue right now….. I fight the urge to catch up immediately!!! Praying for peace and intelligence rn…. Being non impulsive is hard for me, especially with silver price at $18/$19 currently and the US economy looking extremely shaky…. Thanks for the amazing videos! You’ve already been soo helpful
soo Yankee.. i got my first batch of silver maple leafs today!! first coins ever.. i am hooked
WTG, kasper!! You are DONE, bro. 😂😂😂 Seriously, welcome to the journey. 👌🏼
Thinking of it as a savings account is a great idea. Pick up a couple silver eagles a month and before you know it you'll have a nice stack.
Does anybody else see Jay Leno in the ripples on that hand poured bar?
Wait, WHAT?? 😂
Totally!!
Lol, yep
Lmao yes
Thats an Original Silver Dragons 🐉 Bar! its very nice!!! Look closer and you will see the dragon stamped on the bar... now I can't unsee Jay Leno.. wtf 🙈
I just started stacking 2 weeks ago, a little bit late to the party I know, but I’m hoping to be in it for the long haul. Your video have been a real help and inspiration kind sir. This one in particular has given me a game plan. Thanks for sharing your experience.
I’m super honored to play a small part in your stacking journey! 👌🏼
Dollar cost averaging, yes, but only on the dips.
I only buy when the price has recently came down. Even if the "lower" price is higher than my average. Like the past few weeks.
I do micro-timing as well. Right now I'm holding fiat for a possible pullback. 👌🏼
@@YankeeStacking Same!
An advise from a old stacker like yourself make me feel that I am the right path with stacking much appreciated nice show
Thanks, Silver Fanatic! 👴🏼
You're the first person I've watched in the stacking community who knows what dollar cost averaging is.
NO WAAAAAY!! 🤨
Honestly, I have only been stacking for a couple years now and I have overlooked the Constitutional silver. This is something I will be needing to get into to diversify my stack. I always love your insights, Yankee! Thank you so much for the valuable education!
My privilege! Thanks for watching. 👌🏼
Constitutional is still cheap and abundant ..so far! I've been kinda eyeing the quarter and half eagle pre 33' gold coins as well. Haven't been stacking gold yet as I'm playing catch up with silver.
GREAT video. Adding this to my "Community Classics" playlist. Cheers!
This was one of my favorite videos when you posted it and it still is, it’s so informative and some great advice. I actually go back and watch this video when I start getting carried away buying gold and silver. Especially when I’m buying the wrong kind of silver lol.
Watching your videos sure helped me when I first started,thanks Yankee
I'm honored to hear that, Chris. THANKS! 👌🏼
Good advice. I bought 5 slabs 5 or 6 yrs ago and never again. I’m a prepper stacker. All about weight. I never sell. I average about 50 oz a year
Good for you, Fiat Hedge! Not to say that some numismatics are best in a slab, but as a stacker I stay clear of them as a rule. TFW! 👌🏼
@@YankeeStacking I'll buy slabbed silver eagles. I can usually find them
at MS69 for under $40 each. I stay away from MS70s, because they cost too much. Less chance of buying a FAKE.
Hans Anderson That’s fine. It’s just that I filled my monster box primarily with American Silver Eagles at or just barely over spot last year (many work cull or circulated Eagles). And that’s how I’d like to stack em!
I'm purchasing way less bullion, but my debt is going down and, as you have said yourself, it makes stacking even more fun when you don't feel guilt from ignoring your priorities.
Jack, I should’ve mentioned debt reduction in this video, but that wasn’t where my mind was at the time. 😬 It is obviously a phenomenal priority to have! And good job lowering your debt! 👌🏼👌🏼👌🏼
Absolutely 100%. I’ve been watching yankee for like a year now I believe. When I first started I bought a 10 oz. Buffalo bar, and 10 1 oz. Buffalo rounds. I went in to fast for my budget, but learned quick. Way more fun when you have your priorities taken care of first. Thanks for all your videos yankee!
I have to sit back and take a deep breath because of a panic buying.
Best advice of all! 👍
Some great pointers! 👌
rule number 1: never talk about your stacking.......
I would modify that to say, “Keep your stacking private.” I talk about it publicly, but anonymously. Thanks for watching! 👌🏼
Yankee Stacking yeah I hope you are super private about it, I’ve heard bad stories of precious metal store owners getting shot from people thinking they probably have some at their house...
Oh and what’s the deal with the giveaway? Is that literally open to anybody? I only recently started subscribing to you and wasn’t sure about that since it’s such a ridiculously large giveaway if I misunderstood what you were saying. Oh and if it is just you giving it away when are you going to do it if you don’t already and how do I join if possible? Thanks!
@@SAZ-3500D I try HARD to avoid showing my face and never using my real name. I could get doxxed, but I hope that never happens. And the GAW is open to EVERYONE. It's our way to support channels and show the incredible generosity of the community. It hasn't happened yet, but I will be discussing it tonight on my "Ask Yankee" live stream.
@@SAZ-3500D Oh, and I do worry about Tim. I know where he lives (not too far from me) and check up on him regularly.
The first rule of Stack Club is: You do not talk about Stack Club.
You for got to tell everyone to stack like a Addict Yankee.
😂😂😂 I don't need to tell ANYONE that! That comes naturally!! 👌🏼
Good tips!
Thanks for watching and leaving a comment. I appreciate your support!
I am so glad I purchased to much when I started. I started June 15th!
😂😂😂👌🏼
I love a good steak and one American Eagle is about the same price, I new at it and thinking of the grand kids investing for them
Started watching and learning about PM from 2 is 1. Really enjoy both of your channels. APPRECIATE YOUR SOUND ADVICE.
Thanks yankee!
I did find out about the coins having sales tax where the bullion does not, so I'll have to remember to always factor that into the premium price. Wanted some sovereigns but talk about sticker shock. First lesson learned.
Darn it, my problem right now, I have outgrown my safe.
That is a REAL problem--especially with silver. 😁👌🏼
That’s a fantastic problem to have! Lol
Look for a good used safe. They are out there. Don't buy from a big box retailer though, those safes are usually "light" and can be busted into easier than you think.
Hans Anderson AGREED! Bolted To the floor, or carefully hidden. 👌🏼
That’s a good problem!
Thank you for donating your time to this topic.
Thank you for the timeless wisdom.
Great video yankee
My silver buying is for the end game, when silver moves, going to move fast, it’s a bargain right now. Thanks Yank for your information, our government is not up front with the American people!
All great advice. Having a good seller is soo important. I went thru several before I found mine. In the beginning I got ripped off a few times. You have to be careful. Starting slow and not buying alot at once in the beginning so you can find an honest dealer and your mistakes will be less costly. Give yourself time to learn.
Silver is the second best way to weigh down a safe. Brass being the first. :)
good advice!
Thanks!
Did some impulse buys but idc feel much better with some REAL WORTH on me.. Gonna be much more disciplined moving forward though so much appreciated on the info! Threw a sub!
Got that same silver town bar! Aha beauty!
Good afternoon 😊 Yankee 🇺🇸 thanks for the remedial class 👍👌
My pleasure, Calvin! 😊👌🏼
Good information YANKEE, thank you for sharing!
Thank YOU for watching, Bricktown! 👌🏼
So here we are 2 yrs later, and constitutional silver is probably the most overpriced with the premiums. I'm just starting stacking, but it's interesting to see how much changes even in that small amount of time. (just watched someone else's older video too, and what they were focusing on stacking)
Great advice. I'm just getting started and #4 hit home. I contacted a gold and silver exchange here (Canada in my city). Told then what i was looking for, gold and silver bullion, and where I was comparing pricing to (bank and online reputable dealer). They came back with a price 10% higher, which is already in the case of silver way above spot (at the time spot silver was $33cdn an ounces, and the bank or onle delarr cost was $43) and said "no shipping or taxes", like he was giving me a deal. Bullion here is tax exempt, it's money, and the companies and banks are offering free shipping over $100. I was surprised at how much of premium they were trying to charge, and touting no tax like it was a deal. Let's me know never go to that place for anything
I'm very new to staking and appreciate you rules. Fortunately, being conservative most of what you recommended I already do. It's easy to throw caution to the wind when you are excited and want to jump in with both feet. This was a bitter lesson I learned when 1st investing in the stock market.
I have learned a lot from you Yankee Stacking videos. Keep up the good work.
2:04 That's a nice Gallus round. I recently bought an Eric Bloodaxe round. It reminds me of the PC game Skyrim which I'm a fan of.
The 10 Stack Commandments!
10 rules buy as much gold and silver that you can 😊
Thank you as always Yankee! Much Respect
Thank you too! 👌🏼
Yankee Stacking the second rule really resonates with me because I hear a lot about politics and news with two people in the coin community and because of that they feel stacking is the way to go. I do feel most of the times people buy coins because of panic and emotional reasons. It's so hard to balance it out at the end of the day.
Great video.
Thanks!!
Getting a lot of new peeps again. Might be time for another “right way to stack” video 🔧🔧🔧
I feel like every time I watch a Yankee video I buy more eagles. 😂👍
And that's a problem because......................? 😂👌🏼
You hit it the nail Yankee I salute you!
Thanks Bronson! If I had done just three less, I could have called it "The Magnificent Seven!" 😂👌🏼
@@YankeeStacking your the man beother I watching faithfully. Dont really reply much but always give the thumbs up! 👍
I have been stacking for 7 years and have not been for the last 3 years and this video is evergreen meaning still so relevant to me, just got a 2oz saint Michael shield from jm bullion off ebay for 84.25
Great vid Yankee! I was lucky enough to find a great LCS close by..i'd add that a high volume dealer has more of a margin to give you a better price that's if you make yourself a valued customer..mine happens to be a mint distributor also.
Excellent point! Volume is key. Thanks for that Mike! 👌🏼👌🏼
rusty shackleford excellent tactic there! I wish I had local friends that were into Stacking. 😉
@@YankeeStacking well Yankee we have lots of friends in this community and like i said before my LCS is a mint distributer and they ship every day so maybe something could be put together
Perfect advice!!! I’ve definitely made a few stacking mistakes in the past. Thanks Yankee!!
Thanks, bro! 👌🏼
I'm 41 years old and I've just now using my very first credit card LOL and I'm doing great! I just never understood it when I was younger, so I never bothered to get one. I come from a really rough childhood being adopted by narcissistic parents that abused you and Gaslight you and tip your world upside down and inside out, you will form learning disabilities in a quick heartbeat!
Start small?
say it with me...
That’s 👏 what 👏 she 👏 said 👏
🤦♂️
Great Scott! 😂
Great Video Yankee! Now you got me rethinking my gold/silver trade for a 1907 Gaudens. 😱😱😱😱
St. Gaudens are a GORGEOUS coin, bro. I'm seriously trying to figure out when I'm going to focus on Pre-33 gold. It's coming.
Yankee Stacking, I just got off the phone and the deal is done!!!! I just acquired an MS-64+ 1907 Gaudens!!!! My White Whale Gold is a reality! Thank you Jesus for giving me this opportunity.
Yankee Stacking No pre1933??? C’mon Yankee, stop buying that Canadian stuff and get some nice old US gold coins 😁 (although I love those gold Canadian Maples Leafs). You hold a 18xx gold coin in your hand and it is awesome. I love ordering the random year and being surprised on what I get (of course from a reputable dealer). I think 1870 is my oldest “random” gold coin.
Borderland Stacker WOOHOO! Way to goooo!
Talking Bullion TB Putting the Yank on BLAST!! 😂😂😂
Great info Yankee Stacking
Thanks! 👌🏼
Excellent advice! Nice Vlog!
Great video yankee ,young or seasoned, great info 👍 😀 👌 👏
Thanks! 👌🏼
Thanks dude definitely gives us something to think about
Thanks, Peter! 👌🏼
Always thinking. The man with the plan. Great video Yankee🔧🔧
This channel is gold, no pun intended... Great video, so helpful I'm subscribed.
Thank you so much, Corey!! 👌🏼
Really informative video with great tips. I need to get stacking sooner than later. Thanks for putting it out there for us newbs!
And thank you for watching, Keith! Really appreciate it. 👌🏼
Thank you for sharing this useful and informative video 👍
I appreciate your insights. I'm new to stacking and developed a set budget to purchase silver and gold each month. My reason for doing so is less as an investment and more as a viable currency if (when?) the dollar goes kaput. I'm starting out small as you recommended.
That's my prepper stacker mindset too! Thanks for watching. 👌🏼
Silvers silver, or is it......It’s nice to treat yourself with a higher premium piece now and again. I believe after doing this for a while and some due diligence ya kinda naturally find your way..Diving into numismatics on the other end of my teeter totter has kept the habit/hobby interesting and alive for me...great vid, keep it up
Everybody has their level of motivation to keep them Stacking. I don’t need much as I am still incredibly enamored by my simple stacking priorities.
Well, occasionally I’ll treat myself! 😏👌🏼
I exchange excess fiat currency for money- federal mint silver & gold. I never sell money for fiat currency. Now the world sees & uses fiat as money & I am All the more happy to pay bills & cover my cost of living with fiat while retaining my money. Sometime I purchase other forms of precious metal assets (jewelry, bars, rounds, foreign coinage, etc) for fun, speculation & diversification. Items I tore of or don’t hold an sentimental value, I often give as gifts, use for exchange or drop in the collection plate.
Very enjoyable and good perspective
Really am enjoying this channel lots. I really like and agree with all 10 rules of investing. I have done some investing in metals in the past but it has become serious for me now.
I am very careful of who and what i listen to. I personally cannot be talked into anything without already doing my research and it appears this channel is going to become one of my go to guys. Love it!!
Keep up the great work!!!
Presently chiseling these commandments in granite!!!
Great video, Yankee. Some good information there.
Thanks 👌🏼
First rule about fight club…
I started off being smart about my silver purchases. Buying tubes of rounds and constitutional silver, but then found an online dealer that had a lot more variety, like the EC8 coins and the different RCM series, and now im hooked. haven't gone over budget, but i just realized i got about 30 oz just in one month. Lol.
I know i am losing money with the premiums but i buy them anyway. It really seems like an addiction though, i had to stop myself yesterday from buying some birds of prey coins that were going for $80 a piece! Just have to be patient because they occasionally pop up on sites like Silver Gold Bull with much more reasonable premiums. But it's easy to miss them if you don't get notified.
another great video yankee
Thanks kuna coins! 👌🏼
Because of your and others videos, I’ve managed to avoid bad purchases. The only real hard lesson I learned the hard was is to buy from a COIN shop. Not a jewelry store that sells coins. Other than that error, my UTube teachers have done a great job for me.
Exit strategy is excellent advice, and most stackers aren't talking about it. Precious metals experience bubble dynamics like everything else. Sure you'll want a core position that you hold forever, but every investor in precious metals should consider Mike Maloney's "Wealth Cycle" concept.
Dude I feel so poor I have like 2 oz while other people like “yeah I have a very small stack around 500 oz
Everyone had to start with their First purchase or accumulation when collecting anything. Do not be discouraged by forces you have to overcome during the journey.
@@keepitreal2044 Exactly, just keep going. Make a goal for example: I will stop eating shit food like chips and instead I will buy equivalent of 1oz per week; or each time price dips 1% per day I buy 1oz or if it is 2% than 2oz and so on. Plan your budget, don't put in more than you are willing to lose (although it is impossible to lose 100% with bullion anyway because it is not like stocks) and be patient :)
I just started a few weeks ago stacking. Only have 450 oz of silver coins and 3 oz of AGEs pre 1933. Not much but a start. It sure as hell cost a lot of money though lol
don't feel bad we all have to start somewhere, I didn't even consider I had silver as a coin collector till seeing 40% of all of our money ever printed was last year, now I look at it differently.
5 times bigger then my bro
Single best video as a newbie. I have fallen in that panic and wanting to catch up. Living in Alaska - not a lot of LCS options. I will start looking at more junk silver - it seems more expensive. And very valid point on fractional gold. Thank you!
Thanks for the Video. I am getting back into stacking after a decade and you have been a huge help.
Good for you!! Thanks for watching. 👌🏼
I have 400 silver Morgan’s! Plus a wee bit more gold/silver. Bought in a bunch at $14. Wife thought I was crazy, now I’m a flipping genius. Still buying. See it at $40 by December
Nicely done. I’m sure the wife is a genius for marrying you too. 😂👌🏼
There’s a pawn shop in my city that doesn’t buy a lot of metals. A few months back, I check in and found a monarch sugar skull 2oz. Piece. They sold it to me for $75 Canadian. It’s not what they’re into, and they don’t have a big demand. Now I check there every time I go past them.
As usual, another video chock full of stacking wisdom. Thanks, Yank.
Appreciate it, Silver Magnolia. How are you my friend? 👌🏼
First level thing today. Thanx. 🇨🇭
Thanks!! 😍
Important information for everyone in this video. I've gone a step further in my cost averaging by splitting it. I have two cost averages now...pre $20 spot, and post.
Nice! Thanks Rat. Appreciate you're support my THREE STAR member! 👌🏼👌🏼👌🏼👌🏼👌🏼👌🏼👌🏼
Yankee, another great video
I just loveee your channel almost as much as I love silver! And I love silver so much that I made a RUclips channel about it! Lol
Thanks! I'll check it out. 😉👌🏼
Rookie stacker, I like ASE, maples, Mex Libs,10oz bars & slabs(lucky to get slabs @$4 over spot)🍀
Need to work on #8
Nice, Hugo! Keep stacking bro. 👌🏼
@@YankeeStacking great info I’m having a little trouble getting into constitutional. Good advice on the fractional angle of it all
Great info Yankee! I'm just getting started so this is welcome advice. I really enjoy your videos, so thanks for the quality content.
Glad to help! Have you check out my playlists????
Good content. I’ve had some new stackers ask me the same question, most of the time they always followed up with “what’s something good to buy if I just buy enough to get free shipping?” . It seems like that’s what I hear a lot of -people say, they don’t have a lot of money to buy all the one time, but they are asking what are some good coins or rounds to start off with at maybe your first couple of $200 or so purchases.
That might be a nice video to follow up with this one (?) kind of a beginner‘s theme or ‘if Yankee could go back in time how would he start buying his first couple or five or six purchases’
I’ve considered it Eli...but frankly (and I don’t mean this to sound cocky in any way) but I wouldn’t change a thing other than starting earlier!
@@YankeeStacking I am of the same thought process too. But what coins does that include? I may have not presented the question in the proper manner...'If you could go back in time, knowing what you know now, what different types of coins/rounds silver and gold would you start off buying/stacking and moving forward." Thanks
This was so helpful. I never thought of an exit strategy. So glad you brought this up. I'm just now starting and as you suggested, I'm going low and slow. I wish I could do more. As far as finding a good local dealer, I'm stumped. We have one nearby, but I have yet to have a conversation with him. I'm crossing my fingers he's going to be my go-to guy.
Thank you so much, Rosa! I’m glad you found it helpful. And I really hope that your LCS dealer turns out to be a wonderful person! 😊👌🏼
You nailed it Yankee! I could've made some serious mistakes back in March if you hadn't said things like these. I was seriously considering getting some credit to buy some gold, but watching your videos gave real perspective in how to stack in a smart way.
I'm so glad I could help you my good friend!! 😃👌🏼
Fantastic video as always! Love all the info and great advice you give, seen several things in this video that I need to work on! Thanks dawg!
Sweet! Glad you could get something helpful from it Pirate Stacker! 👌🏼
Discipline is a good one mate, it's easy to carried away. I buy on live UK auctions over the phone and the bidding can get very frantic and fast. There was a auction in April and I did not get a sausage, the demand for physical just nailed the prices too high and I stood firm and walked away. Had another auction last week and got everything I wanted a 2014 mule Sovereign, paid £185 more than the bullion price but well worth it to grab a rare coin, and I could not believe my luck, a lot with 2 sovereigns form the RMS Douro shipwreck the auction had run on for hours longer than it should and I was the only person still on the phones! Got both with RM COA 1871 S/B and 1872 G/D for £10 over bullion! Worth every penny to hold a piece of history in my hands........They look well for being under the ocean for 114 years.
Good for you, Dave! And yes, auctions can sometimes be a trap if one doesn't have discipline. 😉👌🏼
Glad you got what you wanted as piece of history. Well done!.
May I ask what is the name of the auction/auctioneer you referred to?
Since beginning of time. Gold and silver have always been universally accepted as money.
For me personally, I don't go for the decorative aspect of collecting. I either get bars or I get coinage created by a mint. And the reason I like things from a mint is because they are government-based.
Also for me personally, I have found that taxing myself. Meaning that I take 10% of my post tax salary and buy either gold or silver. Regardless of the price at the moment. It creates a discipline for me.
Love the videos Yankee! Keep ‘em coming
Thanks Michael! I’m doing my best. 😊👌🏼
I have recently bought 1.8 kilos of silver in a kilo bar and some ounce coins. And a couple of ounces of gold. Worried about the silver especially now. However, this video has several good bits of advice. The single best being using the dollar (Euro) average purchase. I will use that as my main takeaway on this. THough mostly in gold.
Well said, Yankee!🔥🔥
Thanks my good friend! 👌🏼👌🏼👌🏼
Yankee can you do a video on cost averaging? Do you cost average every ounce, or do you separate your 1 ounce bullion/rounds, and 2 ounce collectable coins? Do you separate your bullion and do the cost average for each coin. Like American Eagle cost average, Canadian cost average and so on.
I cost average MOST of my purchases, but do "micro-time" some acquisitions due to extraordinary circumstances (COVID-19, elections, etc.) And when there is a deal too good to pass up (like this one: ruclips.net/video/WK_vBetgYsE/видео.html ) I JUST DO IT! 😂👌🏼
I’m brand new to stacking and thankfully from the get go I knew to not waste money on buying numismatic metals and commemorative coins and proofs. It makes no sense for my goals and purpose for stacking. That would just lose money. It’s simple, buy recognizable and universally accepted coins, silver and gold, to be used as trade for when the dollar collapse is complete and they move to the digital dollar.
Hey YANKEE are the poured yankee stacking rounds available i wish I watched this video before I started stacking I had to learn all this the hard way but I pretty much agree with your stacking mentality 100 percent
Just started stacking, great video!