Investment Risks: All investments involve risk - digital currency & precious metals are no exception. The value of a precious metal product and digital currency is affected by many economic factors, including the current market price of bullion, the perceived scarcity of the item and other factors like the exchange rate of other currencies. Some of these factors include quality, current demand and general market sentiment. Therefore, because the value of precious metals & digital currencies can go down as well as up, investing in them may not be suitable for everyone. You should understand precious metals & digital currencies well, and have adequate cash reserves and disposable income before considering a precious metals investment or buying digital currency.
Bullion, Bitcoin, & Collectible Coins
The simplest and most effective plan is to 'Plan For Liquidity and Plan for wealth'. Let's just look at those terms to gain an understanding of them. (We used google to look these up!)
LIQUIDITY:
The availability of assets that can be readily converted into other means such as cash easily.
WEALTH:
An abundance of valuable possession or money.
So you see - Liquidity and Wealth are actually two very different things and understanding the distinction between them is so very important when you're making financial plans for the future.
LIQUIDITY:
The availability of assets that can be readily converted into other means such as cash easily.
WEALTH:
An abundance of valuable possession or money.
So you see - Liquidity and Wealth are actually two very different things and understanding the distinction between them is so very important when you're making financial plans for the future.
OK, SO WHATS THE BEST SAVINGS STRATEGY FOR ME?
Any good financial advisor will tell you that you should ALWAYS have diversification in your portfolio. What this really means is that you shouldn't 'put all your eggs in one basket'.
In terms of Graded Mint Coins and Gold & Silver Bullion you should adopt a '3 Phase Strategy' based on:-
Any good financial advisor will tell you that you should ALWAYS have diversification in your portfolio. What this really means is that you shouldn't 'put all your eggs in one basket'.
In terms of Graded Mint Coins and Gold & Silver Bullion you should adopt a '3 Phase Strategy' based on:-
- Bullion (short/medium term)
- Cryptocurrency (short/medium term)
- Graded Mint Coins (long term)
- Short to Medium Term Liquidity
- Long Term Wealth
Short/Medium Term
|
Long Term
|
Short/Medium Term
|
SHORT TO MEDIUM TERM LIQUIDITY
So, the first part of your strategy should be to have available to you, assets that can be readily converted into cash or other means on demand. The best medium for achieving this with precious metals is Gold & Silver Bullion in the form of 'rounds' (Coins) or 'bars'.
With MintBuilder.com MintBuilders can access wholesale Bullion pricing and start acquiring bullion assets right away.
Bullion can be converted into cash or other means by taking it to any bank, jeweller, goldsmith or silversmith and they will give you what's called 'scrap-page' or 'spot price' for your bullion. MintBuilder.com will always buy back your Gold or Silver at spot price on the day.
What's more, MintBuilder.com can also pay commissions in Bitcoin and this can also bring short to medium term gains. Although not as stable as precious metals Bitcoin is now a global currency in its own right and may form part of a cohesive savings strategy.
So, the first part of your strategy should be to have available to you, assets that can be readily converted into cash or other means on demand. The best medium for achieving this with precious metals is Gold & Silver Bullion in the form of 'rounds' (Coins) or 'bars'.
With MintBuilder.com MintBuilders can access wholesale Bullion pricing and start acquiring bullion assets right away.
Bullion can be converted into cash or other means by taking it to any bank, jeweller, goldsmith or silversmith and they will give you what's called 'scrap-page' or 'spot price' for your bullion. MintBuilder.com will always buy back your Gold or Silver at spot price on the day.
What's more, MintBuilder.com can also pay commissions in Bitcoin and this can also bring short to medium term gains. Although not as stable as precious metals Bitcoin is now a global currency in its own right and may form part of a cohesive savings strategy.
LONG TERM WEALTH
The second part of your strategy should focus on the long-term (by this we mean 10 years plus into the future). This is where Graded Mint Coins come in and will help you build that part of your strategy.
Look at this way ...
It's a fact that if you buy a brand new sports car today, the moment you leave the showroom it's devalued by at least 20%, then as you drive it for a number of years it's value goes down even further.
But what if you leave your car in your garage for a number of years until one day you see an article and discover that the heap of rust in your garage may be worth MILLIONS?! A 35 year old Ferrari 330 in an awful unrestored condition sold for $1.75 Million dollars!
This could be with Graded Mint Coins.
If you buy them today and sell them tomorrow or even in a year or two, you will struggle to get your money back from them.
However, if you put them away, forget about them and just keep adding to your 'Mint' over time you WILL build a collection of tangible assets with considerable greater value than your original purchase price.
The second part of your strategy should focus on the long-term (by this we mean 10 years plus into the future). This is where Graded Mint Coins come in and will help you build that part of your strategy.
Look at this way ...
It's a fact that if you buy a brand new sports car today, the moment you leave the showroom it's devalued by at least 20%, then as you drive it for a number of years it's value goes down even further.
But what if you leave your car in your garage for a number of years until one day you see an article and discover that the heap of rust in your garage may be worth MILLIONS?! A 35 year old Ferrari 330 in an awful unrestored condition sold for $1.75 Million dollars!
This could be with Graded Mint Coins.
If you buy them today and sell them tomorrow or even in a year or two, you will struggle to get your money back from them.
However, if you put them away, forget about them and just keep adding to your 'Mint' over time you WILL build a collection of tangible assets with considerable greater value than your original purchase price.
SO ITS ALL ABOUT SAVING - NOT SELLING?
Absolutely! If you have a 'buy it today, sell it tomorrow' mentality you'll never acquire the LIQUIDITY or WEALTH you're looking for. Wealthy people buy appreciating assets such as Bullion, Mint Coins, Art, Cars, Real Estate, etc with the sole intention of 'Sitting' on these assets for a number of years, until the values make it the right time to liquefy those assets. Then they simply re-invest that cash back into further appreciating assets again and again.
This is how the rich get richer all the time!
So when people ask 'if I buy graded coins today and sell them in a year or so will I get my money back" it's best to be honest and tell them having a savings strategy isn't about planning for the next year or so, its about what we call 'Life Planning', making provision for those later years of life when you will really need the wealth you have built.
Saving correctly isn't about getting in and getting out quickly.
Absolutely! If you have a 'buy it today, sell it tomorrow' mentality you'll never acquire the LIQUIDITY or WEALTH you're looking for. Wealthy people buy appreciating assets such as Bullion, Mint Coins, Art, Cars, Real Estate, etc with the sole intention of 'Sitting' on these assets for a number of years, until the values make it the right time to liquefy those assets. Then they simply re-invest that cash back into further appreciating assets again and again.
This is how the rich get richer all the time!
So when people ask 'if I buy graded coins today and sell them in a year or so will I get my money back" it's best to be honest and tell them having a savings strategy isn't about planning for the next year or so, its about what we call 'Life Planning', making provision for those later years of life when you will really need the wealth you have built.
Saving correctly isn't about getting in and getting out quickly.
SO WHAT ABOUT THAT $960,000 GRADED MINT COIN?
