Been following your channel for a while so I'm aware how you started saving - i.e. cutting out unnecessary costs here and there. I realised I was spending about $250 - $350 pm on work lunches. So now I take my own lunch to work. I set myself the challenge to go the whole month with no lunches bought whilst at work. If I'm successful, I put $400 towards a gold purchase - my reward. The wife is onboard with this, as I would have wasted the money anyway on overpriced food, so even if gold became worthless, nothing is lost. Best case scenario, I have a nest egg for the future. I could never incentivize myself to do this with a non-physical investment, but because gold is physical....
Another way: Build wealth over many years, then wake up one day and realize that gold is a great way to preserve that wealth (and it's pretty, too). Then proceed to buy 10 ounces of it over a matter of weeks and make a plan to add to the pile ASAP.
I quit smoking and now instead of buying a packet of cigarettes I buy a 1 oz silver bullion coins or fractional gold coin in stead, it doesn't take a long time to create a little stack and every week my stack gets a little bit bigger and better, best thing IV ever done wish I done it years ago sure beats lighting it on fire and smoking it
Well this pushed me over the edge. Been a minute since I've added to the stack due to other projects. Bought myself a birthday present, picked up my first gold eagle...a quarter. Really appreciate your insight and content.
I'm in the process of trying to cut every unnecessary thing out of my life that I spend money on pointlessly like alcohol and tobacco that's just killing me, subscriptions to shit I don't use, just every stupid thing that I spend money on and don't need if it's not a necessity I'm trying to get rid of it just so I can stack silver and gold, it's been a couple months I've cut way back I'm not all the way there yet but I already have 70 oz of silver!
I save a small portion of my monthly income as well as my wife's and recycling and other hobbies that produce me some cash I started 2 Years ago and I'm at 4oz not much but I'm happy looking for others ways to improve
I live in a semi so I don’t have to pay rent and I still donate plasma twice a week for extra money. All of my bills food car insurance gas and my phone come to about $350 a month. And I make $100,000 a year. I live very cheaply
Here's the thing is it gold is nothing more than a shiny shiny I catching metal because if if you ever wanted to buy something you would have to turn it in for the US dollar in order to buy and in order to make any money on gold you'd have to buy it today and wait ten years for it to increase enough to pay for the over spot price that you'll be charged when you sell it
I feel like asteroid mining is a constant doomsday scenario for gold. Just like quantum computing is for crypto. There is no truly safe investment is there, only probability. Finding it hard to put a number on these risks based on technological advancements that are hard to predict unless you're at the cutting edge of these fields
I inherented 3 shoe boxes full of gold and silver...I wish there was cash because now I got to sell some to get paper money but really don't want to....😢
Doesn’t it make a lot more sense for anyone trying to build up their net worth to have a bunch of gold to invest that money and then buy gold once they reach the capital preservation stage? Not only will your net worth available to buy gold be higher but you will also waste less money on premium buying in bulk won’t you?
I'm with you on the merits of growth assets and even compound interest. I don't buy gold with investment capital, though. I like having savings, and buying gold with otherwise wasted cash makes good sense to me. Cheers!
There’s a guy Coinhuskers on RUclips he’s a Nebraska but he Has been in business for a long time and he ships for free if it’s over 1000. And SD bullion
How could you get 28 Ounces? That would equate to 1 Quarter Ounce Gold Coin every month for 9 years, and 4 Months, because you'd get 3 ounces per year, buying 1 Quarter Ounce Gold Coin per month, and 3X 9=27, and so it'd take 4 more months to get the final 28th oz, so how did you get 28 Oz in 8 Years, when you ware only supposed to have 24 Ounces after 8 Years? Because 3X 8=24.
Really like the “more gold” caption at the start. Helps set the framing for the rest of the short nicely.
Thanks!
I’m 38 . I’ve stacked 15oz of gold over the past 2 years. Started with Pamp bars, my last 6 oz all 1 oz Buffalos
Nice!
Been following your channel for a while so I'm aware how you started saving - i.e. cutting out unnecessary costs here and there.
I realised I was spending about $250 - $350 pm on work lunches. So now I take my own lunch to work.
I set myself the challenge to go the whole month with no lunches bought whilst at work. If I'm successful, I put $400 towards a gold purchase - my reward.
The wife is onboard with this, as I would have wasted the money anyway on overpriced food, so even if gold became worthless, nothing is lost. Best case scenario, I have a nest egg for the future.
I could never incentivize myself to do this with a non-physical investment, but because gold is physical....
Very nice!!
Good for you man! Savings with physical gold and silver is really the only way I can consistently build my savings.
Consistency over the course of years is the way to go. Hit and miss buying tends to lead to inconsistent and ultimately disappointing results
Agreed 🤜🤛
More gold, keep on Stacking Smartly ✌️
Your editing is always *chef's kiss * golden
Thank you!
Consistency and a little taste for an interesting hobby that can be handed down to loved ones 😄
Absolutely!
Another way: Build wealth over many years, then wake up one day and realize that gold is a great way to preserve that wealth (and it's pretty, too). Then proceed to buy 10 ounces of it over a matter of weeks and make a plan to add to the pile ASAP.
That's definitely another way! 💪
Yeah I don't have that many years left. But good advice Sir
Great start.
Ooo yeah great
I Like the old books in the background. Do you also sell and buy vintage books ???
I have a few first editions, but I don’t sell. Cheers!
I quit smoking and now instead of buying a packet of cigarettes I buy a 1 oz silver bullion coins or fractional gold coin in stead, it doesn't take a long time to create a little stack and every week my stack gets a little bit bigger and better, best thing IV ever done wish I done it years ago sure beats lighting it on fire and smoking it
Well this pushed me over the edge. Been a minute since I've added to the stack due to other projects. Bought myself a birthday present, picked up my first gold eagle...a quarter. Really appreciate your insight and content.
Happy birthday!
Thank ya sir!
That first stack has to be buffaloes…I can tell by the crooked reed edges..😅
Yep. But, I think you mean "rugged" reed edges. 😅
Thank you Sir, A Gift from the sky,,, Buy Buy Buy physical, Any fiat left Repeat, They cant print Silver /Gold
Maybe that's why coin collections are also a great way to invest. Just saying.
I'm in the process of trying to cut every unnecessary thing out of my life that I spend money on pointlessly like alcohol and tobacco that's just killing me, subscriptions to shit I don't use, just every stupid thing that I spend money on and don't need if it's not a necessity I'm trying to get rid of it just so I can stack silver and gold, it's been a couple months I've cut way back I'm not all the way there yet but I already have 70 oz of silver!
Nice!
Where do you buy your gold coins from
I save a small portion of my monthly income as well as my wife's and recycling and other hobbies that produce me some cash I started 2 Years ago and I'm at 4oz not much but I'm happy looking for others ways to improve
What's that coin with the missing read?
Bro just told us save money and buy it, surprise surprise 😂
Congrats
🎉
I live in a semi so I don’t have to pay rent and I still donate plasma twice a week for extra money. All of my bills food car insurance gas and my phone come to about $350 a month. And I make $100,000 a year. I live very cheaply
That's great!
Are you married? Just wondering…
@@timothybender7383 noooooooo……hell to the no… trucking is good if your single
@@briancallahan5673 I feel ya dog🤧😂😂
Where did you get this gold
I think the best way is to start with silver and trade the silver to gold ratio later.
Here's the thing is it gold is nothing more than a shiny shiny I catching metal because if if you ever wanted to buy something you would have to turn it in for the US dollar in order to buy and in order to make any money on gold you'd have to buy it today and wait ten years for it to increase enough to pay for the over spot price that you'll be charged when you sell it
I feel like asteroid mining is a constant doomsday scenario for gold. Just like quantum computing is for crypto. There is no truly safe investment is there, only probability. Finding it hard to put a number on these risks based on technological advancements that are hard to predict unless you're at the cutting edge of these fields
Yes 1 👈🙏
Silver is what everyone should be buying right now because the silver to gold ratio is way off (80 to 1).
So not armed robbery... got it
I tried to be clear about “easiest”, but really it comes down to your personal skills. 😄
Beautiful Sir.
Thanks!
Sold advice. Wish I had done it way sooner.
So say we all!
@@2is1gold yep, literally you be stupid not to think that.
Brilliant
🤜🤛
gold is as real as it gets
I inherented 3 shoe boxes full of gold and silver...I wish there was cash because now I got to sell some to get paper money but really don't want to....😢
How much is too much?
Buyers don't have endless $$$
Me : ps5 games or gold
Doesn’t it make a lot more sense for anyone trying to build up their net worth to have a bunch of gold to invest that money and then buy gold once they reach the capital preservation stage? Not only will your net worth available to buy gold be higher but you will also waste less money on premium buying in bulk won’t you?
I'm with you on the merits of growth assets and even compound interest. I don't buy gold with investment capital, though. I like having savings, and buying gold with otherwise wasted cash makes good sense to me. Cheers!
@@2is1gold damn if you’ve got that much money from otherwise wasted cash you must have a lot of cash available to waste lol
Leaning tower of Buffaloes!
Like the final leg of a game of Jenga!
Hello 👋
Excellent video 😊
Thank you! 👋
@@2is1gold you welcome 😁
Orrrrrrr I can invest in Biolabs stocks in Ukraine right?? 😂
Nice rack man
Poof!
How to get more gold.
Buy it
He said save 500 usd. I make 570 usd pr month 😅
Everyone wants more gold, so how do you get it?
You write a check for it, just like all of us normal people do.
what's the most reputable place to buy gold coins from?
There’s a guy Coinhuskers on RUclips he’s a Nebraska but he Has been in business for a long time and he ships for free if it’s over 1000. And SD bullion
There are lots of great places online. JMBullion, APMEX, BullionExchanges, BGASC, Hero, Monument Metals, etc. Local shops can be great too.
How could you get 28 Ounces?
That would equate to 1 Quarter Ounce Gold Coin every month for 9 years, and 4 Months, because you'd get 3 ounces per year, buying 1 Quarter Ounce Gold Coin per month, and 3X 9=27, and so it'd take 4 more months to get the final 28th oz, so how did you get 28 Oz in 8 Years, when you ware only supposed to have 24 Ounces after 8 Years? Because 3X 8=24.
🐌 🏆 🥇🥈🏆 🐌
🤜🤛
Can you do a 1 ounce goveaway
Let me speak for him….No. Lol.
😄
DONT forget to invest some of your treasure in heaven.