07/18/2025
Invest in precious metals
We all know fiat currency (cash) depreciates each year. What is $50 today, is not worth $50 tomorrow. So what can we do about it?
One option which I back highly is the investing in precious metals.. gold and silver specifically as well as Platinum, etc, if you want to diversify your portfolio further.
I believe these are great investments for both storing your wealth and barter. Gold is expensive in small sizes, and so it's more of a wealth building strategy, whereas silver although it can build wealth and increase in value overtime compared to the dollar, can be better suited for trading between each other as smaller coins are valued at prices that can be easily traded for products and/or services.
The advantage precious metals have over crypto for those weighing their options is that you have something physically and not something digital that only functions with an internet connection. I do believe both have a place in a portfolio.
What are your thoughts? Do you want to learn? Have you already started? I'd love to know in the comments below