Silver: A Way to Invest Without Counterparty Risk
Inspired InSpirit Publications
ERIN N. SIMON
November 16, 2020
Silver has little to no counterparty risk. This means there is no other party involved that you cannot control that will add risk exposure to your investment.
Investing in silver is perfect because it doesn't require you to be a Wolf on Wall Street or a market expert. It's an ever appreciating hard asset that has been money for over 6,000 years.
Alot of people want to get involved with investing, but do not know where to start. They are unfamiliar with the nuances of the stock market. Investing in silver does not require a ton of charts, observation of price action, or volatility. It's always a great idea to stay on top of current events but its investment isnt tedious like other stock market investments.
The lack of counterparty risk allows you to store your purchasing power against inflation. What does that mean? If you invested $7,000 USD in silver in march, your investment would be a bit more than double. Had you placed that same $7,000 USD in a savings account in a banking institution, you would still have $7,000 USD. With the dollar losing over 96% of purchasing power, this is more important than ever!
Silver is a store of value and should be an important part of your investment portfolio, especially if you know nothing about the stock market or investing. A great way to start, is to purchase at least an ounce of silver a month. Don't know where to begin, purchase the highest asset class of silver, MS70/PR70 Numismatic coins. Once you get started, you can fill in the blanks with the rest of your volume. There is a wealth transfer happening and now you can be apart of it!
ERIN N. SIMON is a writer, blogger, and visionary in raising the conscious level regarding wealth within her Community. One of her passions is to raise the level of Wealth Awareness with as many people as possible. In 2013, She and her husband started Inspired, In-Spirit Transformation. They have recently started a Publishing Company called Inspired, In-Spirit Publishing which have multiple published books on their shelves, four of which are Erin's; Interruption: Shae's Search, Interruption: Interlude & The Series Finale Interruption: Alter Ego, & Undercover & Under The Covers: Starring Detective Aja Anderson. Her husband has a company known as GS Investments in which financial freedom is gained one investment at a time. She currently resides in Mexico City with her husband and four handsome sons...