I think we all agree 2016 needs to end, asap. It’s been a long year with too much turbulence.
Let’s make 2017 a better year. It’s a tradition to set New Year’s resolutions to inspire and motivate us to become better versions of ourselves. Typically, they last about a month and a half, statistically, but I think we can improve upon that this year.
Personally, I have a LOT of resolutions on my list. One, in particular, is to work on my investing. I have the unique opportunity to work at a precious metals dealer where I can ask some of the most intelligent bullion business owners questions what to buy.
I am a big fan of silver. It’s industrial, it’s offered in a myriad of shapes and designs, and it fits my budget. My plan is to devise a schedule for investing and stack my silver.
I’ve read recently that millennials are apprehensive to invest in the stock market and much more likely to buy physical bullion. Technically, I’m a millennial, and I can understand that perspective. For many my age, we like tangible proof of our investments. The idea that we have stock somewhere, doing something is less comforting to us than opening our old Nike shoebox to take a gander at our gold, silver, etc.
For the millennials who read this, what are your thoughts? How do you feel comfortable investing (if you do invest)? Do you currently buy bullion or stocks?
For the more experienced, how do you suggest millennials get started? What metal is good for beginners, and how would you suggest they purchase (rounds, coins, bars)?
I think the millennial group could gain a lot of wisdom from the generations before us. Investing is, in my opinion, essential for a secure future; however, if you have not been taught where to begin, it can be a very scary idea.
I’d love to get your feedback on investing and your New Year’s resolutions!
