Most of the time they think Silver is worth a lot more Gold a lot less when I have asked people
@TacticalTimmyGoldandSilver47 минут бұрын
Yeah I tend to agree there, the one thing that’s true about both is that people tend to be WAYYYY off in general.
@HexVisualNovelPlaythroughs7 сағат бұрын
Am from Maryland thanks for informing n oh great
@HexVisualNovelPlaythroughs7 сағат бұрын
On 200 bucks a month hard to save when most of money going to rent like swear n fractional gold is even harder
@TacticalTimmyGoldandSilver7 сағат бұрын
Very nice, and glad to help!
@HexVisualNovelPlaythroughs5 сағат бұрын
@@TacticalTimmyGoldandSilver gold wise through gonna be a hard one to di
@Imanuel369Күн бұрын
That Buffalo Trace is some good stuff. Good video!
@TacticalTimmyGoldandSilverКүн бұрын
Agreed, cheers to that!
@cyclingphilosopher87984 күн бұрын
Key concept is correlation. Over the past 50 years the 1-year correlations between stock market indices, government bonds and gold are about 0. Interestingly, if you look at 5-8 year time frames, the correlation between stocks and bonds becomes positive and the correlation between stocks and bonds on the one hand and gold on the other become negative. Adding gold to a stock/bond portfolio drastically reduces the maximum drawdowns. Have a look at the article "What Global Withdrawal Rates Teach Us About Ideal Retirement Portfolios".
@silvermoneyphoenix16246 күн бұрын
Nice topic. This is the type of video that should have thousands of views from stackers. But everyone is into clickbait content instead.
@TacticalTimmyGoldandSilver5 күн бұрын
Thank you! Yes, taking care of our personal finances is super important, but just isn't as exciting for people as other stuff.
@christophermccormick86707 күн бұрын
Cheers
@nadinecarson32597 күн бұрын
I wonder if Dave Ramsey is taking baby steps on stocking gold & silver? 🤣 He (the last video I watched) believes keeping $ in the bank & everyone’s 401k etc is going to be fine. NOT. The only thing I agree with him on is cutting back on your spending & keeping a budget. I don’t agree with a lot of other things he says. I also believe our dollar is going to crash sooner than later. Ps. You never own your home because they nail you on taxes. If you can’t/don’t pay your taxes they take your home. And they continue to raise taxes so we can now pay for the illegals! We’re all slaves & have been for years.
@TacticalTimmyGoldandSilver5 күн бұрын
Super true point about taxes! Yeah Dave Ramsey has a lot of problems with his advice but he does a good job of waking some people up to take control of their finances and getting out of Debt. Other than that, I'm with you on not agreeing with a lot of his advice!
@Rybczynski17 күн бұрын
Good advise. Don't forget there are a lot of gold and silver stocks to consider as well besides general stock markets.
@TacticalTimmyGoldandSilver5 күн бұрын
Very true, when I was in college and it was a bear market I bought almost exclusively mining stocks and out performed the entire class! There certainly is value in mining stocks if you know where to look!
@dylangorbet84197 күн бұрын
Tons of wisdom in this one.
@TacticalTimmyGoldandSilver7 күн бұрын
What gets tracked and written down gets changed and improved for sure!
@cordellscott11 күн бұрын
If you don't have the stock certificates in your possession then you don't own the stocks and they can be confiscated
@TacticalTimmyGoldandSilver11 күн бұрын
Very true, If I knew business owners or owned a business that would be ideal, but the hassle of doing that for small amount of single stock just hasn’t been worth it to me as a smaller investor. Luckily that is just part of the risk vs return trade off you will have. Why having some physical is important as a hedge against other assets!
@christophermccormick867012 күн бұрын
Cheers
@dylangorbet841912 күн бұрын
Lastly, identifying value is imperative to curb overspending. Oftentimes the alternative or generic commodity is 50% the price of its pinnacle counterpart. All the while being 90% as efficient or effective.
@dylangorbet841912 күн бұрын
My biggest money saving tip is living within your means. A kin to my biggest weight loss tip. It’s easier to save if you don’t overspend. It’s easier to lose weight if you don’t overeat.
@TacticalTimmyGoldandSilver11 күн бұрын
Agreed. I want to do a whole series on this concept at some point!
@dylangorbet841912 күн бұрын
I consider my stack a partial subsidiary to my emergency fund. It wouldn’t be the first thing I liquidate, but certainly can be an option.
@FleeingDollar12 күн бұрын
I like your point of view, I’ve always struggled saving cash and keeping it but I’ve never had a problem stacking.
@TacticalTimmyGoldandSilver11 күн бұрын
It’s funny how stacking can scratch that spending itch, then once you have gold or silver you will work even harder not to try and sell it!
@Imanuel36913 күн бұрын
TT really like the ascetics of your videos
@TacticalTimmyGoldandSilver13 күн бұрын
Thank you! I have been working on the production quality and backgrounds recently. Happy to know you like it!
@christophermccormick867013 күн бұрын
I went risk off in 2021. Once we get a market correction “30% to 40% correction I’ll get back in. Same with real estate. My cash is making money. Cheers
@TacticalTimmyGoldandSilver13 күн бұрын
Fair enough, Far too many people don’t even consider stocks as an investment option in the gold and silver stacking community! Sounds like you have a well diversified plan in place!
@WorldMoneyWins13 күн бұрын
I am not buying stocks right now. I am SHORTING stocks though. We are at a market top.
@TacticalTimmyGoldandSilver13 күн бұрын
I can see a lot of arguments for that position! A lot of gold and silver investors never even consider stocks as an investment option. I stopped trying to time the market myself and go with the old motto “time in the market beats trying to time the market”. If your short positions go well seems like it would be a buying opportunity for me!
@christophersuzor683814 күн бұрын
TT thanks for this Gold,Silver and now SnP 500 have become a part of my stack recently...this just confirmed I'm on the rite path for the long haul
@TacticalTimmyGoldandSilver13 күн бұрын
Yes!!! You definitely are on the right path there! Keep working hard saving, investing, and stacking and your net worth will continue to grow!
@dylangorbet841914 күн бұрын
165 subscribers! Very nice Timmy. I noticed you don’t encapsulate all of your silver. Might be a simple informative video concept explaining when and why you use capsules.
@TacticalTimmyGoldandSilver13 күн бұрын
Thank you! Yes, any of the higher premium silver/series I collect go in capsules but bullion like silver eagles or maples don’t. All my gold gets capsules too, you work so hard to save for gold and it deserves to be protected! I like the idea for capsule centered video again!
@marialangley552814 күн бұрын
Thankyou. Crypto col
@TacticalTimmyGoldandSilver13 күн бұрын
I just do T know enough about crypto yet to add it as a hedge in my portfolio! I know a lot of people swear by it and I think there is potential if I learned more about it!
@user-qx7ft6nk9r14 күн бұрын
100doller budget 1oz of silver 1gram of gold
@TacticalTimmyGoldandSilver14 күн бұрын
I love that idea and the proportion of gold/silver seems about right to me too. Only thing I worry about is getting killed on the premium with buying gram bars of gold.
@user-qx7ft6nk9r14 күн бұрын
@@TacticalTimmyGoldandSilver Just buy a lose one valcambi or somit don't have to be in a blister pack
@michaelbuckley671015 күн бұрын
Very coin is taxed here in California, so just get over it. Collecting for the long term, and don't have the patience to wait months and months to buy a few coins. Thanks for your thoughts and advice !
@michaelbuckley671015 күн бұрын
I don't want or like American Eagles.
@TacticalTimmyGoldandSilver15 күн бұрын
You have lots of other options then. Maples, Britannia, or liberates are all great alternatives! The great thing about gold and silver investing you have lots of options!
@michaelbuckley671015 күн бұрын
Hi, I love Britannia's and started a large collection of Mexican coins. Libertads, Pesos and currently adding Centavos plus 90% junk dimes and Walkers.
@GregJones-df1ge17 күн бұрын
Keep spreading the word Tim. Your message is strong.
@TacticalTimmyGoldandSilver17 күн бұрын
Thank you, I'm going to keep working at it!
@marialangley552818 күн бұрын
Silver all the way. Crypto col
@TacticalTimmyGoldandSilver17 күн бұрын
I see the speculative potential of silver and thats why I own it as part of a well diversified portfolio! Cheers and keep savings, investing, and stacking!
@christophermccormick867018 күн бұрын
Supply and demand 101 🤙🏽
@TacticalTimmyGoldandSilver17 күн бұрын
Oh how the days were simpler when I was in that class haha
@dylangorbet841918 күн бұрын
I like picking stocks. The only trouble I have ran into is when I messed with options. Options feel like ultra high premium silver to me. Personally, I would suggest avoiding them.
@TacticalTimmyGoldandSilver18 күн бұрын
I’m super glad there are people, like yourself, who can find where value is supposed to go in stocks(this is incredibly important to a health economy). I have found it is difficult to replicate earnings that beat the overall market year after year for an entire working career; which is why, I have stayed away from picking individual stocks in my portfolio.
@christophermccormick867019 күн бұрын
Enjoy the content.
@TacticalTimmyGoldandSilver19 күн бұрын
Thank you for watching; I have enjoy making these videos and hearing from people around the country and world!
@SilverStacker5619 күн бұрын
I’m 90% real estate & farmland, 6% metals, 3% cash, 1% equities. I like investing in tangible assets. $1.5M net worth, no debt.
@TacticalTimmyGoldandSilver19 күн бұрын
Much less need for stocks and equities when you have working capital like farms and real estate. Congratulations by the way, that portfolio represents a ton of hard work and dedication!
@SilverStacker5619 күн бұрын
@@TacticalTimmyGoldandSilver thx bro
@christophersuzor683819 күн бұрын
I stacked both for the last few years Silver barely covered the premiums and that's generic... gold has made a good profit well over its premiums
@TacticalTimmyGoldandSilver19 күн бұрын
Makes sense. I have drifted away from stacking silver as much outside of my favorite series that come out every year. The lower premiums on gold make it so much more attractive like you mentioned.
@christophersuzor683819 күн бұрын
Traded 🚬 for gold
@TacticalTimmyGoldandSilver19 күн бұрын
That is fantastic to hear! Keep up the hard work, saving, investing, and stacking!
@christophermccormick867019 күн бұрын
Agreed. Cheers 🥃
@dylangorbet841920 күн бұрын
I have a question for you Timmy. Let’s say you purchased a large hoard of coins. If you resell the coins in large quantities, they would sell fast, but if you sell them individually you would return more. Assuming the rate of replacement is unknown, what is the best sells strategy?
@TacticalTimmyGoldandSilver19 күн бұрын
So this is like asking the dollar cost averaging question in reverse for selling. Short answer it depends. Long answer is if you sell coins off over time you will get the average of the prices over that time. I would tend to point you in that direction as a general rule but if metals prices do fall over that time yes you would be better off selling everything all at once and getting a lump sum.
@steverogers76119 күн бұрын
They have a web site for old and rare coin auctions. Best bet is to put a claim on your coins that they can’t be sold till 100 years after your gone
@dylangorbet841920 күн бұрын
Another great video Timmy. Last time around I learned that the people who were prepared for the crises benefited from it.
@TacticalTimmyGoldandSilver19 күн бұрын
My favorite acronym are the 7ps: Proper, Planning, and Preparation Prevent Piss Poor Performance. Your right its so important for us to learn from the past and use that information to prepare for the future!
@GregJones-df1ge20 күн бұрын
TT I recently found your channel. I like your depth of analysis. Keep on keeping on.
@TacticalTimmyGoldandSilver20 күн бұрын
Thank you, and will do!👊
@user-ql7yi1vt9g21 күн бұрын
Well said.
@TacticalTimmyGoldandSilver21 күн бұрын
Thank you!👊
@SilverDadKnows21 күн бұрын
SilverDadKnows here. Keep up the good content Timmy!
@TacticalTimmyGoldandSilver21 күн бұрын
Thanks man!
@user-ql7yi1vt9g23 күн бұрын
You forgot about 1st time customers spot deals !
@TacticalTimmyGoldandSilver23 күн бұрын
Very true, If you can find a deal take advantage of it!
@ZombieChimps24 күн бұрын
Good tips. I'm a few years in but I wish I had seen something like this back when I started out.
@TacticalTimmyGoldandSilver23 күн бұрын
Indeed, the little things add up over the years!
@ZombieChimps24 күн бұрын
Cool stack! The Lunars & Pandas look so cool. 😮
@TacticalTimmyGoldandSilver23 күн бұрын
Yes, they are fantastic!
@silvermoneyphoenix162424 күн бұрын
Nice vid. New sub here
@TacticalTimmyGoldandSilver23 күн бұрын
Thank you!👊
@silversleuth00724 күн бұрын
You made some great suggestions on cutting back. Frugality has no shame. Vending machines, convenient stores, bars, and processed foods can be avoided with little effort. Learn the difference between credit card due dates and closing dates. Everyone has different priorities, so find a happy medium.
@TacticalTimmyGoldandSilver24 күн бұрын
Convenience stores are a big one I’ve fallen into in the past. You really do have to find that happy medium!
@silversleuth00725 күн бұрын
I consider my PMs as a hedge, backed up by long term food/water, security, real estate, and annuities/dividend stocks. Fractional gold is part of my stacking strategy. I consider silver as fractional gold if SHTF. I like your stacking ideas.
@TacticalTimmyGoldandSilver24 күн бұрын
Well said, and thank you! A big part of my channel is about the importance of that diversification.
@dylangorbet841925 күн бұрын
I appreciate the in depth analysis. Clickbait generates view, this generates followers.
@TacticalTimmyGoldandSilver24 күн бұрын
Glad you enjoyed it, I have been doing a lot of economics review from my past studies and new reading recently. I have a few more videos ideas with a more in depth economics focus in the pipeline!
@user-ql7yi1vt9g25 күн бұрын
Nice job
@TacticalTimmyGoldandSilver24 күн бұрын
Glad you enjoyed it!👊
@OzkAltBldgCo-bv8tt25 күн бұрын
I can see me spending fractional gold and silver easily anywhere I can't see me spending crypto just anywhere mostly because of the time but partially because I have no idea who would offer that sort of service. Right like I don't see me spending Bitcoin for Walmart and I should it's 2024. I just found bit refill where you can pay like Verizon phone bill or Walmart Amazon cards. Burger King... Everything.
@TacticalTimmyGoldandSilver24 күн бұрын
I agree, you’d think crypto would be everywhere, but it isn’t. Gold and silver just have that historical tried and true track record behind them that gives us such a nice piece of mind!
@mariusm566025 күн бұрын
All same as silver except it is expensive.
@mariusm566025 күн бұрын
this is whole point of silver cheap and almost as rare as gold, only 3-4 more abundant, but at least 60 times cheaper including premiums.
@TacticalTimmyGoldandSilver24 күн бұрын
I think having both is a great option and adds to that diversification. When I started stacking, I always felt gold was only for rich people and I couldn’t afford to get into stacking it.