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Saving Money in Silver & Gold With The Compound Effect | Consistent Wealth Preservation Coins/Bars

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Video Upload 1436 (Season 4, Episode 321): Don't You Dare Stop Smiling! Now I may not be a financial advisor so nothing said on this channel should be taken as financial advice... but I love discussing all areas of personal finance. Today I talk about preserving your wealth in hard assets such as Precious Metals, such as silver and gold Coins Rounds and bars. A friend of mine started stacking 2oz per week, every week, for years. In his first year that was about 100oz (roughly $2,000) and by the time five years had gone by he was up to about 500oz (roughly $10,000). This wouldn’t have happened if he wasn’t consistent and patient. This reminded me of the book The Compound Effect by Darren Hardy, a book recommended to me by a mentor when I was first starting a business. I read the book whiling trying to MAKE money, but realized later on the same principles apply when you’re trying to SAVE money. Do you agree or disagree with this concept similar to the snowball effect or ripple effect. Have you read this book or know of another good one to read? Let’s talk about it.

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