Since I talk so often about cryptocurrencies, I thought it would make a nice change to discuss my first non-crypto investment of the year.
Where else will you be investing your money in 2018? Or are you all-in cryptocurrencies?
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
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@louisthomas definitelly gold & silver mate! Specially silver! The worse it goes for the stock market, bonds and fiat, the better for precious metals... Watch some Robert Kiyosaki, Peter Schiff or Mike Maloney's videos... There will be a big global economic swift soon ... Some say the biggest transfer of wealth of history... And gold has been a store of value for more than 4000 years...definitely a smart investment in my view
Silver is going to be crucial for the new cheap electricity devices that are going to hit the markets soon according to Clif High. Despite that Silver is severely undervalued. When the next bull run hit's in crypto I will be taking some profits and putting it into PHYSICAL silver.
Been buying silver a couple of years now and with china alone is using more than a metric tonne A DAY in their solar panels.
And what people don't really understand is that is actually less silver above ground than gold, and governments have not stockpiled it as they have with gold.
And as it much more widely used it will become a shortage of it, it's the most conductive metal, has best heatdispersion, is antbacterial and the most reflective just to mension some properties.
Gold is just pretty and doesn't oxidize.
So keep buying that silver.
Yes, diversification is very important in investment you have to take this into consideration we should not put all our eggs in one basket, though cryptocurrencies is also a reliable investment we should also think out of box. Like Estate properties, oil and gas, etc.
Interesting video, as always. I think that it's always a good idea to have several sources of income. Maybe in other areas, you can't earn as much money quickly as in the cryptocurrencies, but there is less volatility and therefore less risk.
For sure. It's nice to have money invested in other things that aren't quite as volatile
What happened to the passive income you wanted to make on crypto, @louisthomas? I also believe that's the future and what will bring crypto to the mainstream, proof of brain or proof of time instead of the other stuff that is out there.
Volatility is great, you have to ride the waves ;)
Comforting... but not nearly as fun... or heartbreaking.
Hey mr louisthomas thanks for giving some good info por those as me who are new on this platform. I am so impressed with all this Crazy world of cryptocurrency.. But its getting better and better
Cheers.
Thanks you for post @louisthomas. I am following your everypost. Excellent
Thanks @louisthomas i hope to win on this world of crypto.. Lets see how it works .. by the way nice view that lake looks like a good place to go.
For me its real estate and consumer products.
I'm guessing the UK "ISA" is similar to what's called an IRA here in the states. Good call! You get great tax breaks with an IRA. Also, index funds are a great move. Index fund and ETFs are the easiest way to invest. You get instant diversification, and they have very steady long-term growth. The traditional markets aren't beastly as fun (or got wrenching) as crypto, but they've been a proven wealth builder for decades! That's good enough for me. 🤑
I've also been considering buying some silver recently... We'll see how that goes.
Thanks, @louisthomas !
Hi, Louise,
Maybe the UK premium bonds is also a good option. ^_^
Hi there! In the US we call it an IRA. Sounds like the same thing as your version.
For sure a responsible (and tax friendly) way to preserve and invest your money. No 50% drops there...!
Be smart, invest for the future, and you will have less to worry about later in life. More time for ski trips and tropical drinks.
Investment is the best approach to achieving financial success. To me crypto is virtually the best platform. Though i have little knowledge on how cryptos market values re incorporated but with what i have seen and heard and with the great advantageous future it hold. I would definitely be a great place to hide some treasures.
Diversification? A good trader is aware of it!
Given the variable markets are always good to know options or alternatives to continue to earn dividends for our work. Greetings from Venezuela.
Very wise. Most wealth creation comes from companies like those in which you have invested. This is also I might add, a hedge against devaluation/degradation of currency , fiat or otherwise. Neither Bitcoin or gold pays a dividend. I admit to being relieved to hear that you have done so. I have invested in cryptocurrency but I believe it entirely possible that it will all go to zero. I worry about young people like you who seem to have so much in crypto and in some cases little else.
Most investment should be in equity. I am glad that you have decided to diversify. The weather in Wales seems nice.
Nothing wrong with being diversified. I plan on spreading myself out a little bit in the real estate area with my profits as California is the place that everyone wants to be! lol
I also have half in the stock market. Mostly in set it and forget it stocks one of which is accenture who integrates business crypto software solutions. I know financial advisors recommend only 5 percent in crypto but I'm more optimistic than that.
I honestly thought investing was only for cryptocurrencies. Am I living on Mars right now?!
Yes diversification is very important in life. You don't have to stick with only one thing. If it doesn't help you ,it is not for you. So I guess we should always look for opportunities to invest better and look for other things besides crypto. It's a good step and I like it.
Great !!! Thank you for sharing!
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Love your videos Louis. Investing is great fun, but in this bearish market a game can be great to lighten the mood :) Come check out Chibi Fighters. No levelling required. Use your wits. Coming 2018. ERC721 non-fungible token game. https://chibifighters.io We are already in Alpha 0.3 and things are coming along great.
Keiser Report: Siren song of YouTube (E1201) - 1.29 - Matthias Bartl - Offenburg Uni. I see you are on D tube. I think there are many talented and interesting people on youtube and it is only right that they receive a decent income and that certainly means way above min wage. Are you able to contrast the Dtube with Youtube in terms of earnings? Also someone like Jeff Berwick and Jerry Banfield make huge amounts on Steemit, but then people claim it is a whale who upvotes them. If I upvote your video on Dtube, but I'm a small fish then I assume you don't earn so much. Maybe you could clarify this on Dtube?
Thanks you for sharing your post @louisthomas.
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I am following your everypost
upvote and resteem sir
wow that's good idea to invest in crypto carrency..
butt now crypto carrency market are down
thanks fo4r sharing your great information of investing .i like your post and follow you
thank you sir @louisthomas
Hey mr louisthomas thanks for giving some good info for those as me who are new on this platform
I am so impressed with all this Crazy world of cryptocurrency..
But its now down!
Thank you so much @louisthomas i hope to win on this world of crypto.. Lets see how it works .. by the way nice view that lake looks like a good place to go.thanks for sharing sir
At first love and respect sir.. Mostly in set it and forget it stocks one of which is accenture who integrates business crypto software solutions. I know financial advisors recommend only 5 percent in crypto but I'm more optimistic than that.thanks for sharing sir @louisthomas
Very nice your post sir@louisthomas......I am following your everypost....Thanks for sharing steemit.....
listen to warren buffet on investing about 90% in the S&P 500 and the rest in treasuries, can't go wrong with listening to a legend