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Diversification: Metals

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@cmplxty
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2 min read

Hi fellow Lions,

Today I took a picture of one of my Black Friday deals, 4 Troy ounces of silver!

Silver Surfer

One of the other things I have been investing in for many years, longer than crypto, is some precious metals! I like silver personally because it’s easier accessed in large quantities. I don’t have to save up a thousand dollars to get one ounce. It might be less profitable in the long run but that’s okay. We can only do what’s in our means. You don’t want to overextend yourself in investing, that’s for sure.

These are some cool silver bars here! I haven’t gotten ones like these but I am digging it. Not so much that I won’t sell them in the future if they are a great price but still cool to look at.

I always like the look of the silver bars. The back of them that says Troy ounce, 999 silver is cool. I won’t share how much I have exactly but it’s not just these four.

Spread Out

One of the best ways to invest is to spread your portfolio across multiple different assets. Not all of the investments we maker are going to perform like bitcoin is so your best off getting a few different classes. Tangibles are amazing because you own it in your hand. I always, always choose to have it delivered to me. There are ways that companies can “store” them for you but it’s the exact same principle as not your keys, your crypto. The companies will most likely not have your metals at all or magically lose them if things go south and they need to sell to stay alive. No thanks, I’ll pay the shipping to my door thanks very much!

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