What are assets? Silver and gold are great assets to have.

What are assets? Assets are investments you can use to acquire wealth and grow your portfolio. Silver and Gold have been used as currencies and stores of value for thousands of years because they are rare, durable, divisible, and fungible – five characteristics that make an asset desirable to have in any economy.

Store of value
Silver and Gold, as well as other precious metals, are examples of assets that could serve as a store of value for the future.
If you want to buy some for yourself, check out this website, to just shop for assets. If you or someone you know wants to build a Team and make residual income, check out this website. What is an example of an asset you own?

Protect your savings
Your savings account is an example of an asset, but not the best kind. It’s important to invest your money in assets that produce income or hold their value better than your bank account does.

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Financial emergencies
You never know when you’ll need money. And, if you’re like most people, the last thing you want is for a sudden financial emergency – like a car repair or medical procedure – to put you in debt. That’s why it’s important to take steps now that will protect your income from future emergencies, like purchasing liquid assets such as silver and gold coins or bars for investment purposes.

Higher purchasing power
Purchasing power is an economic term that explains the effect of inflation on the value of money in terms of its purchasing power. Purchasing power decreases as inflation increases, which means that a dollar will buy you less than it did before. That’s why silver and gold are so important to have as assets because they hold their value over time, meaning that they will be worth what they cost now regardless of how much the economy changes in the future.

Retirement planning
It’s not a secret that retirement planning can be difficult, but it is important to note that there are steps you can take now in order to ensure a more comfortable retirement for yourself. Storing some of your money in physical silver or gold coins can help diversify your portfolio with real, tangible assets that will always hold value.

Hedge against inflation
While there are many different reasons for investing in precious metals, one of the most popular is that it protects against inflation. For example, if you had $1,000 worth of silver in 1971 and went back to cash it out in 2011, you would find yourself with $5,000 worth of silver because the price has increased so much over those years; meanwhile, the purchasing power of your dollar has been steadily declining due to inflation.

Free of counter-party risk
Investing in silver and gold is a safe way to protect your wealth from the devaluation of paper currencies, which can be manipulated by central banks in times of economic crisis. Precious metals have historically been regarded as a store of value because they cannot be created out of thin air like fiat currencies can.

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