If you’ve been subscribed to us for long, you know probably will already know where I get my silver. However, since I’ve received several emails this week asking, I’ve decided to go ahead and create an entire page answering the question of where I personally buy my silver.
It’s not a secret that silver prices today are incredibly bullish, reaching several all time highs in recent weeks. I actually have kept the same general strategy I’ve always had with silver, which is buying passively every week or month without trying to hard to stress out over where metals are headed.
As explained several times here, I’m a believer in passive investing in precious metals, meaning I’ll just assume it’s a good decision for the long haul because of runaway debt and the fact that a pile of silver has always been worth money. The same goes for gold and usually for fertile farmland as well.
The difference between passive investing and active investing are as follows:
- Active Investing. This is when you worry about the news, try to time the market, and are constantly fidgeting with your investments and looking for the next “big thing” before your portfolio tanks. This is extremely risky.
- Passive Investing. This is for people looking for peace of mind. Highly conservative investing where we focus on having the right strategy that will survive any economic condition. High in income, and high in precious metals, the passive investing strategy is one that allows you to have a nice income during good times and explosive gold and silver for when times get bad. Don’t try to time the market — just surf on top instead.
Some might think that this is oversimplified, but it’s worked incredible wonders for me so far, and I don’t plan on ever changing a thing. The best portfolio is one that allows you to know that you’re probably going to be doing just fine whether inflation, recession or anything else hits.
That’s why I’m a huge fan of SilverSaver.com, and have partnered with them for everything silver — they allow me to set it up so I don’t have to decide when to buy silver, because a small amount that I decide to invest will be invested every week or month. It’s that simple. That’s passive investing on steroids. Click here to learn more about silver saver.