What plans are you making to protect your assets?

by kbgold

Posted: 13 years ago 19 replies

INTERNET MARKETING

Almost everyone knows someone that has lost wealth when the markets collapsed 2-3 years ago.

Do you think it could happen again? What plans are you making to protect your assets?

Some Financial experts are advising their clients to have at least 10% to as much as 20% of their assets in precious metals in this volatile world economy.

#assets #gold #gold and silver #making #plans #protect #silver #work at home business

Bank 13 years ago

No one truly ever knows for sure where markets are going, so it's best to keep it simple, only invest in what you understand and remain diversified.
- [ 1 ] Thanks
- 1 reply
{{ DiscussionBoard.errors[3834874].message }}
- markmethew 13 years ago
  
  Originally Posted by Bank
  
  No one truly ever knows for sure where markets are going, so it's best to keep it simple, only invest in what you understand and remain diversified.
  
  yes that very true my friend that no one can strictly predict what is going to happen that all make guesses. So don't worry and invest carefully.
  
  [ 1 ] Thanks
  
  Signature
  gioca roulette online
  giochi roulette online
  
  {{ DiscussionBoard.errors[3834893].message }}
kbgold 13 years ago

With governments accumulating enormous debts, the increased printing of currency in most countries, and your savings dwindling in value with every day, a store of wealth becomes of importance.
- Thanks
Signature

"He who owns gold, always has moneyâ€
Alan Greenspan Former Chairman - US Federal Reserve

The new global currency...

Protect yourself from the global financial crises.
{{ DiscussionBoard.errors[3834919].message }}
TheCG 13 years ago

Listen, the biggest threat to your wealth you will EVER have to worry about is a greedy ex-wife.

This is a fact.
- [ 1 ] Thanks
- 1 reply
Signature

Yes, by the way, I AM in the Witness Protection Program. I could tell you who I am but then I would have to kill you.
{{ DiscussionBoard.errors[3835000].message }}
- kbgold 13 years ago
  
  Originally Posted by TheCG
  
  Listen, the biggest threat to your wealth you will EVER have to worry about is a greedy ex-wife.
  
  This is a fact.
  
  Too funny - But true. I feel your pain.
  
  Thanks
  
  Signature
  
  "He who owns gold, always has moneyâ€
  Alan Greenspan Former Chairman - US Federal Reserve
  
  The new global currency...
  
  Protect yourself from the global financial crises.
  
  {{ DiscussionBoard.errors[3835012].message }}
kbgold 13 years ago

This is a major trend. The world economy is in a mess and all currencies are taking massive declinces, and will continue. Look what the Chinese Government - Central Bank is encouraging their people to do protect themselves.

Something is up here:YouTube - kbgoldwealth's Channel
- Thanks
- 1 reply
Signature

"He who owns gold, always has moneyâ€
Alan Greenspan Former Chairman - US Federal Reserve

The new global currency...

Protect yourself from the global financial crises.
{{ DiscussionBoard.errors[3838796].message }}
- myob 13 years ago
  
  Another investment opportunity is in mining stocks. The demand for precious metals is driving this industry into the stratosphere. These stock prices have risen by more than 2,000% in the last 4 years and are still going up.
  
  Thanks
  
  1 reply
  
  {{ DiscussionBoard.errors[3838861].message }}
  
  jan roos 13 years ago
  
  Silver dropped by 25% in the last 5 days which was the major correction we've been waiting for. Whether it goes back up or down from here short term is anyone's guess but long term it is going up and around now or in the next few weeks will be a great entry point.
  
  Don't buy the paper etf's or use buillion vault. You want to have Physical in ounces stored by you in your safe.
  
  I buy from Silver, Silver Bar, Silver Bars, Silver Bullion, Gold and More - APMEX.com and Buy Gold and Silver Coins & Bars | Gainesville Coins Inc. American silver eagle 1 oz coins or the canadian maple leafs.
  
  Gold is also as always a great investment and hedge against inflation and an economic collapse or currency devaluation.
  
  Cheers
  
  Thanks
  
  2 replies
  
  Signature
  
  I'll teach you how to make money like a Mamba.
  
  Sign up for the free money mambas newsletter!
  
  {{ DiscussionBoard.errors[3838916].message }}
  
  Fernando Veloso 13 years ago
  
  Originally Posted by jan roos
  
  Gold is also as always a great investment and hedge against inflation and an economic collapse or currency devaluation.
  
  Rappers will love this info.
  
  Thanks
  
  Signature
  
  People make good money selling to the rich. But the rich got rich selling to the masses.
  
  {{ DiscussionBoard.errors[3839056].message }}
  
  kbgold 13 years ago
  
  Originally Posted by jan roos
  
  Gold is also as always a great investment and hedge against inflation and an economic collapse or currency devaluation.
  
  Cheers
  
  When I buy Gold, I am just buying another form of money that is prevailing over paper and has not lost it's value.
  
  Thanks
  
  1 reply
  
  Signature
  
  "He who owns gold, always has moneyâ€
  Alan Greenspan Former Chairman - US Federal Reserve
  
  The new global currency...
  
  Protect yourself from the global financial crises.
  
  {{ DiscussionBoard.errors[3841186].message }}
  
  myob 13 years ago
  
  Be careful when buying gold or any precious metals where the prices are at now. The global economy is in recovery which could see a sudden and significant drop in these prices. There are many other less volatile investments to consider such as other commodities and in many areas real estate is still an extremely good investment. The basic premise is sound, but basically, don't pay attention to anyone who appears to be making unusual efforts to push one type of investment. As in many such decisions, professional advice is advised. :rolleyes:
  
  Thanks
  
  {{ DiscussionBoard.errors[3841750].message }}
tortoise 13 years ago

I consider investing in metals to be a form of gambling. I only gamble with money I can afford to lose. With the government getting ready to devalue our currency and us losing favored nation status, I have no idea what's going to happen to the dollar. If I can't eat it or wear it, I'm not buying it.
- Thanks
{{ DiscussionBoard.errors[3838933].message }}
Jayshankar Dangre 13 years ago

Real estate is always the best investment. you can always use it to finance your endeavors and sell it in your troubled times and even rent it for some earning, Ofcourse you need to have carefully written legal documents for such things.
- Thanks
{{ DiscussionBoard.errors[3839004].message }}
thehypnoguy 13 years ago

Precious Metals are a bubble I have seen more than once in my life go up and then drop. They are like water and they find their own level. Gold between $300 and $400 an ounce and silver in the $10 range. I feel sorry for the people holding the bag when this bubble pops this time.

Martin
- Thanks
Signature

The power of the mind to change things for the better.
Stop letting Facebook control your links. Clickmetogo gives you complete control over image, title and description. No more blocking your affiliate links. Check it out now.

Grab the best Mobile Directory on the Market
{{ DiscussionBoard.errors[3839251].message }}
coach 13 years ago

Your best investment is YOU.

For information purposes only. Not intended to be legal or accounting advice.

A few things to consider:

(1) get your mind right;

(2) buy some physical "junk" silver (pre 65 coins);

(3) talk to a retirement-oriented investment advisor to get you in something that's not going to be taxed in the future (401k is the governments dream investment);

(4) make whatever changes in your business and life needed to be "extremely profitable" now;

(5) have a bank account in a near country as a fall back;

(6) ignore most of what you hear in the financial press (also the investment promoters);

(7) find the richest guy in your town and ask him what he is doing or would do in your situation;

(8) invest your marketing skills to build a local cash flow business that will survive a major turndown;

(9) have a go bag - if you where forced from your home in the next 20 minutes with only what you could carry in a backpack, are you ready? could you survive at least 3 days?; (think its a joke, ask the people in New Orleans or the Mid West right now)

(10) get your mind right.

Help? Thank me by clicking the button below...
- Thanks
{{ DiscussionBoard.errors[3839378].message }}
RedMatrix 13 years ago

I say you need to guard against Inflation, and Hyperinflation. Another word for it is to build a hedge. There are two reasons to buy (real, physical) gold and silver.

One reason is to preserve your wealth. In other words, protect your buying power. If you have a savings account, change it over to a "silversaver" acct.[aff link] ! (I talk about this on my blog)

Another reason to buy precious metals (PM) is to invest. (Try to make money) I don't have any experience in this aspect. I say get the real thing.. the silver. If you can't touch it, you don't really own it. [Look at the Liberty Dollar debacle]

The percentages with PM is 85% in Silver, and 15% in Gold. Even "junk" silver is good. Those go for around 25x the face value. (50 cents = $12.50 etc)

PS: Right now is a good time to get in.
- Thanks
Signature

~Dave
{{ DiscussionBoard.errors[3841776].message }}
MikeMorgan 13 years ago

The best way to protect your asset is to invest your money into well researched and diversified opportunities .
- Thanks
Signature

CPA Game Changer - Coming Very Soon !
{{ DiscussionBoard.errors[3841844].message }}
blalock61 13 years ago

Since a poster above mentioned real estate as a good investment, I will post a link to the following site:

Free Custom Search of Bank-owned, Government-owned, HUD, and other REO foreclosed homes delivered via email.
- Thanks
Signature

Effort & Attitude!
{{ DiscussionBoard.errors[3842694].message }}