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KayGee

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    KayGee reacted to Paul in Am I Doing The Right Thing?   
    You sound a similar age to me, my little life story may help or guide.
    ........... I've posted my little how I got into gold story in prior years, but it seems relevant to this thread today. Here's it again 
     

         
     

        I'm 45 now and through my twenties, i guess I must have staked and wasted around £75k-£100k at a rough guess through bookies, FOBTs, online poker and land based casinos.
        
        
        
        Some good days but it all quickly went back as losings in the end.
        
        
        
        I went cold turkey at 30-31 and managed a few months until i relapsed again.
        
        
        
        Told myself never again.
        
        
        
        It was this time I found about gold, since 2008-2009 I have bought investment gold every month, a gold sovereign here, a half sovereign there, 1/2 oz on a good month, a full oz of fine gold when bonus from work.
        
        
        
        What this did was separate actual cash i could gamble and move it into another tangible thing with value that i couldn't easily spunk away or spend.
        
        
        
        Slowly but surely, my gold stack has grown, every month, as i would buy a another gold coin every fortnight or so.
        
        
        
        The ancient Aztecs called Gold 'the sweat of the sun'
        
        
        
        Blood, sweat, tears and toil getting it out of the ground.
        
        
        
        YOUR blood sweat and tears represents how hard you have worked to get this coin you now hold, and continue to hold ongoing.
        
        
        
        Your pile of gold increases monthly.
        
        
        
        Gold is also a little bit of a gamble, it will never go to zero, it has been money for 5,000+ years, and can also go up in value
        
        
        
        Currently im now VERY nicely up in £ terms if i chose to cash in and take some profits.
        
        
        
        A quote stuck with me quite prophetically, as i've never believed in loans or credit cards.
        
        
        
        “Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.” ― Norm Franz, Money & Wealth in the New Millennium: A Prophetic Guide to the New World Economic Order
        
        
        
        The bigger my gold stack grows the more satisfied I become and want more. A positive kind of addiction.
        
        
        
        I have not yet cashed in one single coin for gambling and my investment pile has grew.
        
        
        
        I have cashed gold in here on the forum and realized better than dealer prices to increase my business and expand/buy new vans/staff/tech
        
        
        
        This degree of separation that takes place between the gold coin and actual cash i can spunk gambling is awesome.
        
        
        
        Yet i know at a glance my total gold grams i have on any given day, and know how much it is worth should i cash in.
        
        
        
        When money is in a bank AC it is just like figures on a screen to me, cash in my hand just gambling token/betting voucher credits.
        
        
        
        I could never hold onto money while it was in a bank account, savings account would be were there for good intention but the money came out for gambling.
        
        
        
        Gold doesn't do that for me, the degree of separation between between the time and effort it takes to cash in a gold coin, packing posting, sending, waiting for bank transfer for payment etc. is a few days minimum.
        
        
        
        By which times my urge to gamble has long since past.
        
        
        
        whilst i will always have that gamble bug inside me, i cant extinguish that flame as i like to to take risks, i'm self employed and risk = reward. and i have done well working over the years.
        
        
        
        I still have my monthly little gamble, but as my priority with my spare cash is always to buy a minimum amount of gold, i'm never exposed to loose mega money EVER, fact these days, as the money isn't there because it has been converted from one asset class cash into another asset gold.
        
        
        
        The small amount i assign myself to have a gamble is minimal, £100 or £200 for a month. should i win, i actually treat myself to some more gold coins for my stack.
        
        
        
        With doing this approach and putting what used to be gambling stake money cash into gold, i've got my good nest egg of gold if i cashed it in from my safe deposit box.
        
        
        
        I purposely store the gold in a safety deposit centre in a city that is hours drive/train ride away to resist the sudden urge to gamble/cash in.
        
        
        
        A financial advisor would tell you it is stupid and daft to put all your eggs in one basket with one asset/investments, but to a gambler?
        
        
        
        would i sooner have this,  lots of gold is much better than having nothing at all, **** all to show for it - so it works for me
        
        
        
        Knowing this fall back of savings is there for any of lifes eventualities makes me sleep wonderfully at night.
        
        
        
        This approach may not be for everyone but if you can never hold onto money it has worked wonders for me.
        
        
        
        Sorry for the rambles length here today but to those nodding their head to this and this life course maybe sounds a familiar path to yours, if my narrative resonates with you, give gold a try. please try it, you might just like it, or start just buying gold with your big wins.
        
       https://www.thesilverforum.com/topic/32375-your-gold-story-how-it-happened/?do=findComment&comment=416089
     

         
     

         
     

         
     
    https://www.thesilverforum.com/topic/60379-anyone-else-addicted-to-buying-gold/?do=findComment&comment=638451
     
    I'm about 15 years into my stacking journey, ahead of you though 
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