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Noob alert, advising my son


grace2much

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Hi all,  This is my second thread the first was a bit of a shock as I got a few shots sent across my bow as a warning:( 

Anyhow im just a few weeks in to my research to help my teenage son invest his earnings and savings in silver and hopefully encourage him in his fledgling "work and save/invest" baby steps. But the more I looked into silver the more im being grabbed by it myself. I must have watched 100's of you tube videos. I admit I'm a bit overwhelmed and feel a bit dense:huh:

I think I will end up a 90% stacker going for the best price i can close to spot and 10% on some coins i enjoy the look, feel and beauty with always an eye to what the investment side will be.  So at this early stage and with the way i am i can't see myself as a collector or needing to complete sets etc.  It will be more of a adding ounces at good prices for the long term (10 years +).  But I may change and my son already seems to like the idea of a selection of different coins that might be worth more in the long term due to limited runs etc. 

I look forward to being part of the community here and am thankful for all the soon coming help, advice and hand holding.

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Welcome, getting started early is a huge bonus so I hope your son takes your approach on board, you have the right idea in safeguarding your wealth and giving him real opportunities in the future.

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Welcome to the forum ;)

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live.

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Welcome to the forum.

I can totally relate watching loads of youtube vids! Still loads to learn/watch and not enough time... lol. Which channels are your favorites? I'm liking BelangP, Junius Malty, M.Maloney and Numistacker :)

Yes I think you are on a good start in making baby steps. Try to hang around the forum for a little bit longer before you plunge in making your purchases. You will soon learn/find out what coins are right for you to buy and the best places to buy. There are favorites coins (and bars but mostly coins) amongst the forum but at the end of the day it's down to personal preference. I know it's tempting to place that order and your hands must be itching. It's addictive haha :)

I agree, that it's good to buildup a core stack but it won't hurt to get some nice ones for your personal collection and something nice to look at.

This is a great forum, I've learned loads and I'm sure you will too.

Some great discussion are these:

thesilverforum.com/topic/5272-what-is-the-end-goal/

thesilverforum.com/topic/5342-the-end/

 

 

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