Where to slowly put $5000 for emergency savings

[jemimmamcn1gatr0n]

lol @ people who think gold and silver is a good investment.

 

[uamaverick]

lol @ people who think gold and silver is a good investment.

Great name brah LOLZ

 

[chris302001]

lol @ people who think gold and silver is a good investment.

who's alter is this with their first post ever in C&C?

 

[PICK3]

lol @ people who think gold and silver is a good investment.

great first post!!!

 

[the.gladiator1987]

No, he genuinely believes all the free newsletters he gets in the mail (reinforced by all the youtube videos he watches) about how gold and silver are the only things worth owning and that the country's financial system (the one that the entire global economy relies on) is somehow going to collapse overnight.

It would be sad if it wasnt so funny.

So you think its OK to just keep printing money? lol and prices will just keep goin up, 20 dollars per gallon of gas?

money is printed by the federal reserve, which isnt even ownded by the government. A piece of paper that says 20 on it is not backed up by ANYTHING. Silver is backed up by the fact that it is a precious metal and will always have value. You cant just make more silver. Sure you can mine more, but a lot is getting used in industry. There will be a point where people with silver certificates will not be able to get their silver because there isnt enough silver.

Why Not Just Print More Money?

 

[axismundi]

Anywhere but a bank. Period.

 

[jemimmamcn1gatr0n]

great first post!!!

Ya thx bro!

But, no, seriously, if you want to invest, find a good mutual fund. Gold and silver is for suckers.

 

[75th]

So you think its OK to just keep printing money? lol and prices will just keep goin up, 20 dollars per gallon of gas?

money is printed by the federal reserve, which isnt even ownded by the government. A piece of paper that says 20 on it is not backed up by ANYTHING. Silver is backed up by the fact that it is a precious metal and will always have value. You cant just make more silver. Sure you can mine more, but a lot is getting used in industry. There will be a point where people with silver certificates will not be able to get their silver because there isnt enough silver.

Why Not Just Print More Money?

lol @ the attempted econ-101 lesson from glad.

I wonder if I can get my money back from my level 2 CFA designation?

 

[chris302001]

i love when people say theyre hoarding precious metals for when the financial system collapses. Good luck with liquidity.

 

[the.gladiator1987]

Buying Silver wasn't the stupidest thing you ever did, but it was a waste of time. Even if Silver went up 100% in 5 years you would have made 200$.
You should be trying to make that much in a day.

Bro its not like im only buying 200 dollars worth and storing it, hoping it rises to be worth thousands.

I plan on buying silver every time I have some extra money. In a year ill probably have 2500 dollars worth. I plan on doing this every year until I die

Once I get my PTA certificate, which takes 21 months to complete, Ill be making 4,000/month