My latest acquisitions!
However, as I had gotten involved in these communities in addition to going down the cryptocurrency “rabbit hole,” I have started to see more benefits to stackin’ these metals. As of late, I continue to watch the financial markets and see how the many institutions continue to setup a future where our fiat will eventually be even more worthless than they are today. While it would not be immediate, the fact that it will happen has to get oneself thinking of alternatives. I will not say more about my thoughts of the advantages of cryptocurrencies here but I think it is the best alternative.
However, I am also a student of asset allocation. It has been proven by many academics that proper allocation of assets determines most of the performance of portfolios. Therefore, I think it is important to consider precious metals as a portion of your portfolio. How much enough is relative and also depends on your thoughts of other assets available. Given the known manipulation of the prices of most precious metals, it is tough to trade these profitably. This is because most of the trading occurs on paper via derivatives instead of the physical asset themselves. Most advisors say 5-10% but I feel that could be low.
Others have shared great collections and the fun and passion they feel when stackin’ themselves. While this is the way I currently feel about Steem, I have to admit that I was excited when I was shopping for these new acquisitions today. It was earlier in the year than I have been used to buying but I was in the area and thought it would be good considering that the prices have begun to move over the last couple of weeks. It was the first time I buy Silver bars but I was immediately attracted to them and was convinced once I held them in my hands. I now have started to feel the urge to stack!
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