from bank account saver to stacker

[joequinn]

hello everbody

so a little about myself and my journy from bank account saver to stacker. So when i went back to work after being furloughed i had to go back on a semi-permanent late shift as my wife was working from home in the day which meant i had the kids,then would go to work on my late shift. This led to me coming home after work drinking more than ever and watching youtube.this is when i came across mike maloneys hidden secrets of money(very interesting series)since watching i have researched all topics more and ultimatly i made my first investment in silver. My wife thinks ive lost the plot, as like me she was taught to spend less than we earnt and to save the rest in the bank. we still have our savings(the wife will not let me spend it) but now i spend what i would normally of saved on silver!!

Anybody got any recomendations of good documentarys on youtube about similar subjects that i can bore my wife to death with?

thanks for taking the time to read

joe

[trp]

Hello and welcome to the forum, Joe  

[CadmiumGreen]

Joe, Welcome aboard The Silver Forum!

[Agpanda]

Hi and welcome from Sweden

[HawkHybrid]

hi

 

2 hours ago, joequinn said:

but now i spend what i would normally of saved on silver!!

 

save in gold, speculate with silver.

 

HH

[MancunianStacker]

2 minutes ago, HawkHybrid said:

hi

 

 

save in gold, speculate with silver.

 

HH

Welcome, I agree with HH here. Great idea about saving in metals because the in the minuscule interest you get paid on cash in a bank gets wiped out by inflation every year, in fact you are losing money in savings.

You can exchange gold (or silver) for Currency in any country too 😉 

Sovereigns or Half Sovs is a good way into the gold ladder at a small premium. 

[GrandadLion]

Fractional gold is good too. I like 1/4 oz Queens Beast Coins. 

[ChrisSilver]

Hello Joe, welcome to The Silver Forum  

[joequinn]

i have heard this before but i am maybe speculating that the gold to silver ratio will come down again in the future with the gold price being at record highs and silver price still no way near.i could be wrong as like i say im new to investing in precious metals!i suspect the main reason ive not yet got my feet wet with gold is that im using my monthly savings to invest(would take a couple of months to save for gold)as my misses would kill me if i spent our savings😅

[GrahamDiamond]

Welcome to the Silver Forum Coinster

[coinz123]

Your logic is the same as mine, the cash in your bank account is losing buying power every year. 

This is what sparked my interest In gold and silver. 
 

 

[JackT369]

Hi and welcome to the forum😀