It’s the time for new beginnings and fresh resolutions. Set yourself on the right path with these precious metal resolutions for 2014.
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Invest in a safe. Storing your stash somewhere protected is key, particularly with two million homes annually targeted by burglars, according to the FBI.
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Make a money plan. Decide your financial strategy for the year and put goals in place to execute it.
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Practice your willpower. Buy what you can, when you can, but don’t put yourself or your family’s finances in a bind by overspending. Have the willpower to follow your goals and money plan.
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Branch out! If you already have junk silver, maybe it is time to get some government-minted bullion. If you mostly collect silver rounds, maybe you can try some gold coins this year. In addition to being a fun way to add to your collection, a diversified investment can protect you against market swings.
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Make new friends. Visit coin shows or join one of the many online forums to meet with others who share your hobby. (Connect with our fans at our Facebook page!)
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Get your finances in shape and bulk up. If you know you want something in particular, plan ahead so that you can buy in bulk when the time is right. This will save you money on shipping, plus larger quantities of metals tend to sell at a lower per-ounce rate.
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Protect your family. When times get hard, make sure you are well-prepared with a store of food and other supplies.
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Keep learning. There are many websites and YouTube videos that can help you stay on top of market trends. Also look for books that may help you find the next best metal for you. If you’re new to precious metals, our Knowledge Center is a good place to start.
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Find your zen. Try to relax about market movements; precious metals are long-term investments, so the short-term fluctuations shouldn’t send your blood pressure through the roof. Remember to breathe.
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Smile more. Sometimes you just want to invest in the products that make you smile. Whether it’s diamonds, copper Zombucks, bullets or other numismatic or fun designs, invest in things that make you happy.
What are your precious metals resolutions for 2014?
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