Sign Montana Banking Work Order Secure

Industry sign banking montana work order secure

hey what's up guys it's silver slayer welcome back for another video so today I wanted to talk more about financial security money in general not just you know investing into silver but also you know actual money and my views on bank accounts the stock markets stacking cash the different types of stacking and how each part can benefit benefit you kind of everything so I just want to start off with saying before you start buying silver it is a must to have cash already saved in a bank account or at home and your safe or whatever the cases if you are literally putting all of your money into silver and have no backup dollar bills banknotes fiat currency then you're gonna be put into a situation where eventually something's gonna happen to your car or an emergency medical bill is gonna come up or something's gonna happen and you're going to have to sell your silver and it will be at a loss now I've seen it happen so many times it's happened to me before you know one of my good friends I haven't seen him post in a while but his name was Zack silver stacks made a wonderful video wonderful video talking about this I actually post that link in the description below he's another younger stacker I definitely recommend you guys go check him out I haven't seen a post in a while but one of his let his lace his latest videos that he posted he talked about this where he puts so much money into silver that um you know basically he had no backup savings and something happened I think his car broke down or something he had to sell an entire tube of eagles now he was talking about how thankful he was that he at least had the Eagles to sell to get you know that he's at least put the money into something valuable that he could you know fit get his car fix but he was pretty upset that he had to sell his Eagles any talk about how he's gonna start saving up cash now on the side because he didn't want to ever be put in that situation again it is a horrible feeling especially selling it at a loss so we're gonna talk about cash now this is the most liquid form of money in the world well it will depending on where you live in America this is the most liquid you need this we know this is bad and it is you know basically deflating it's basically worthless now the dollars like 1% of its actual value and you know we we know how bad it is but we still need it because this is the most liquid asset means of trade that we have we need this we can still put money into silver and you know we do you know that as silver stackers we obviously know that we don't want to have all of our hard-earned you know wealth into this but we still need to have a portion of our wealth into this just in case of emergencies for bills because how do we pay our bills how do we buy food we can't buy food with an eagle we can't pay our bills without roll up with a tube of Eagles you know we we still have to put our money or put our wealth in to something with the most that is still deemed to be liquid and right now this is what it is I mean it is what it is and I feel like a lot of stacker especially when they first start stacking they um they see these huge YouTube channels that they see these huge YouTube channels that have all these ounces and they feel like they need to catch up because there's all these fear pushers saying that the dollars gonna collapse tomorrow and your money is going to be worthless and you need to buy silver now and Anala and then people get scared and out of fear they go and literally spend every dollar to their paycheck and they put themselves in a very dangerous situation a very dangerous situation or if they don't put themselves in a dangerous situation on that and they're literally living as they're broke as as a very limited lifestyle where they're eating fast food because they don't want to afford healthy food or you know they're starving themselves or they're constantly running on e because they would rather put that $20 into an eagle instead of paying gas or they're not feeding their kids properly or their there they're working several overtime hours and the stress from their job is literally killing them and they're putting themselves in the situation just to get silver when that's not what it's about silver is about being free you know to one day finally be free and be financially able to do whatever we want and we still need to maintain that life right now as well not just suffer right now for it so in the future we're happy you know it's about being happy in the present moment and if we are limiting ourselves to buying all these ounces on such a strict budget then you know what's the point what's the point because who knows what's gonna happen maybe you know a health condition you know god bless I'm just saying you know what if something happens and you know there is no tomorrow so you did all this for nothing or whatever the case is you know so we have to stay happy in the present moment we can plan for the future we can prepare for the for the future as much as we want but the present moment is the only thing that is and will ever be in the future when you get to the future you will still be in the present moment it will be in the now then so if we don't train ourselves to live happy lives now then when we get to the future we're still not gonna feel like it's enough we'll always be seeking something else to fill our happiness and it will never that void that that empty void will never be filled so we can't always use silver to fill that void we have to learn to make our lives full and you know valuable and fruitful right now I started off doing that when I first started stacking I wanted as many Ounces and I was living so miserable I wouldn't go out I turned down relationships I didn't I'd nothing you know I I was limit I was starving myself I wouldn't buy anything I was you know had crappy shoes like all this work you know you don't need the nicest shoes you don't need to eat out every night but it's still nice to treat ourselves and to live a normal life you know that's what it's about because at the end of the day silver is not as important as our well-being and our happiness no amount of silver can ever determine my happiness so anyways so when we are say you know there's like eight hundred and twenty dollars right here now I could take all this and put that into silver and if I did then I would most likely put it into bullion like I'd buy like a tube of eagles maybe you know a couple five ounce generic bars or maybe get a couple you know like pandas or something and or some coops but the majority you know it'd just be you know stuff closest to spot you know maybe a generic round of like Highland mints you know the Indian the you know sunshine mint rounds or something like that but by doing that I'm putting my entire mercy to just spot price so it's basically just kind of storing my money into the actual metal content of silver so if silver was to go down then so would the you of my silver you know if the silver went down to $8 an hour my every ounce of my stack would also go down to $8 an ounce so that's a risky thing that's why I don't think putting all your eggs in one basket is a very smart thing I think we still need to stack other types of silver to secure our stack from just simply what spot price is worth that's why buying pandas and kookaburras and other coins like that is a nice way to secure your stack a little bit because if you do buy pandas or coops and you know especially if you have some older ones even if silver does jump down to $8 an ounce even though all your bullion went down you know your coops and pandas will still keep your stack up because those don't get hit with spot price as hard because there's still collector value that people are willing to pay on top of spot price for those so that's why I feel like diversifying within that is you know a smart choice but it's also good you know to not you know it's also smart not to only put your money in pandas and coops because if you are like an shtf prepper or you know you just feel like silver is silver one day and it's not going to be be deemed anything especially like if silver hits $100 an ounce collector value will go out the window there would be no such thing as premiums anymore it will all just be looked at as one ounce of silver for the metal content and that's looking at is as if it's more of an industrial use now and they just want the metal and you know there's no such thing as you know graded coins or anything they just want that one ounce of silver and if that's the case then all of these high premiums these you know $15 over spot coins that you bought will now all take a loss and they'll only be worth as much as your cheap Eagles or your cheap generic bullyin that you bought so you could have potentially had a lot more ounces if you were to just put that money into bolian so it's kind of a pros and cons thing where you know do what works for you and it's all what you believe in if you believe the world is gonna end and there's going to be a huge economic collapse and silver is going to be looked at just a silver and this is shtf survival mode then yes you want to lean a lot more towards but if you're someone who thinks the economy is going to hold out there might be somewhat of a collapse but you know you'll still be fine and you're you'll be able to slowly sell off your coins as weird as it means a retirement then yes you could probably dive more into you know older Morgan's and stuff like that high your premium stuff numismatics even because um you know you still feel like in 10-15 years there will still be a collector market out there not just as everything is looked at as it's metal content so it's pretty much what you feel will happen now for me I don't really know no one really knows it's all an educated guess or an educated assumption so I diversify so that no matter what happens my stack is going to be deemed safe you know if I diversify into everything then no matter what happens at least I have a portion of my stack prepared for that I have all my junk silver for shtf I have you know some higher premium stuff that's still gonna collect appreciate in value quicker on the side while my bullion still sits you know when just as the core you know and if I wanted to in five years I could sell off some of my coins that have appreciated in value and then you know recycle that money into more coins like that or I can you know just put it into bullion and so I'm basically just gaining free ounces over time just for no reason or I could even use the gold to silver ratio as in my advantage you know it's seventy to one right now so I could buy 70 ounces of silver wait till the ratio goes down to forty to one trade only forty of those ounces keep the other thirty and then get that one ounce of gold so I basically got an ounce of gold for 40 ounces when you know and you still get to keep 30 ounces of silver for free and then you could even take that one then if the ratio does go back up you could take that one ounce of gold trade it for 70 ounces of silver again so then you just got 30 ounces of silver for no reason by simply just moving you know your silver around and gold around in the markets at the right times looking at the charts which a lot of people do that a lot of people do that and a lot of people stack for that reason you know they used the gold to silver ratio I was just talking to another stacker about that the other day um you know how she said that she was planning on you know buying a lot of silver right now but her main goal is to trade all of it for gold one day and she isn't gonna convert back to silver she's gonna keep it all into gold when she does make that transformation but she is using silver right now as her means to get there because it isn't much better buy at the moment with set over 70 to 1 so you know there's several different ways to do it coal silver just made a great video talking about the stock market stock market she made a video called stacks stacks of her stocks and you know talked about how you know sometimes it isn't safe to put all your eggs in one basket and a lot of people he feels like and I think this is this is spot on and this is true with me as well he says a lot of people don't go into the stock market because it's intimidating you know silver silver stacking is easy you can go on at max just purchase the silver whatever you want and hold on to it but with stock markets you you got to know what you're doing you got to study the markets and it is it is pretty intimidating you know there's a lot of potential to lose money or not know where to put the money and there's a lot of responsibilities to you know educate yourself and he feels like a lot of people go into silver just because it is um you know a little it's just a little easier and safer for most people and I definitely agree I don't know that much about the stock market I personally that's not the only reason I don't trust my money well you know I don't trust my wealth to just be a digit on a screen that could be erased at any time you know I always go by the saying if you can't hold it or you can't touch it you don't own it and um you know I just don't really agree with that but I do see benefits in that in diversifying you know this whole video I've been talking about diversity and not even just diversify and silver but diversifying into other means of your wealth whether that's you know the housing markets or you know some other type of collectible or some other you know side flip you have going on you know whatever the case is maybe it's cars whatever the case is I still feel like it is um you know a smart idea to diversify into as many things in your portfolio as possible because that's what's going to keep you as safe as possible from any type of emergency and I feel like we are our own banking system you know the guy from MSN the Montana silver stack or Pete I don't know a lot of you guys know about his channel he made a video talking about we are our own banking system and I definitely feel like that is a great way to put it because I don't want my money into a bank I don't trust the banks I haven't had a bank account in a long time the only reason I do have an online bank account right now is just for my school you know I have to have one for my schooling and I don't even keep any of the money in there I have enough money in there just to you know keep the account open but I don't ever use it um and that's just that's just how I view it I don't I don't know I just I just can't trust it now I do see benefits with credit cards and you can use eBay bucks with silver purchases and you know getting high credit scores and all that you know that is a very smart idea especially if you're looking to buy houses in the future and all that but I'm the type of person that pays cash for everything I don't use a credit card I don't have a credit card I have a debit card from my bank account but I do not use any credit cards I never have used a credit card in my entire life I pay cash with everything I always I've always been like that I'm a cached type of person so um I don't know I just wanted to kind of share this video with my perspectives I know a lot of you guys aren't going to agree with all of what I said and that's completely fine this is just my this is just my way of doing it and I know there's probably some better ways I'm sure there's a lot of money to be made into the stock markets or the housing markets or even using a credit card and all that but um just for right now this is what's been working me and I have looked into it I'm not completely closed-minded it's just what I'm comfortable with doing and I'm just not very comfortable with putting my money into things like that I've never really looked into Bitcoin either I know a lot of people are doing this Bitcoin thing lately but um I just I don't I've researched into it but it's just something I'm not very comfortable with doing out I feel like my money could be better spent into something else you know more tangible and something that I know and that I'm comfortable with um you know cuz that's really what it's about it's you know if it's if it's not broke don't fix it and if I have something that I'm already knowledgeab e on and that I know you know the best ways that works for me then I'm not going to start over and potentially lose money into another alleyway that I'm not that I have known that I know nothing about that just um and it doesn't really make sense to me maybe one day who knows but for right now in this moment that's just where I'm at um but I cannot guarantee that won't change over time so I hope you guys enjoyed this video make sure to LIKE and subscribe for more videos like this you know please be respectful on your opinions you know this is just my opinion if you don't agree you know just be respectable about it I'll listen to your comments but if you're just gonna say something rude and say I don't know what I'm talking about then obviously I'm not going to you know deem it as a relevant or valid comment um anyways so thank you guys for watching hope you enjoyed this stay tuned for the next video peace