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DISCLAIMER: This video is for entertainment purposes only. We are not financial advisers, and you should do your own research and go through your own thought process before investing in a position….(read more)
LEARN MORE ABOUT: Precious Metals IRAs
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
REVEALED: Best Investment During Inflation
I just made a huge mistake. I recently purchased $10,000 more in gold, and now I realize that I am a complete idiot.
Let me backtrack a little bit. I have always been interested in investing, and I thought buying gold would be a smart move, especially with all the uncertainty in the world right now. So, I decided to sink a significant amount of money into this precious metal. However, as soon as I hit the “confirm purchase” button, I felt a sinking feeling in my stomach.
What was I thinking? I have no experience with investing in gold. I had heard some people talk about how it was a safe bet, but I never took the time to educate myself on the market trends or potential risks. And now, here I am, with $10,000 less in my bank account and a sinking feeling of regret.
I realize now that I was swayed by the fear of missing out and the allure of a potential quick profit. But the truth is, investing should never be done on a whim or based on FOMO. It requires careful research, analysis, and a solid investment strategy.
I also failed to consider the volatility of the gold market. Prices can fluctuate dramatically, and there is no guarantee that I will see a return on my investment. In fact, I could end up losing money if the market takes a downturn.
I am kicking myself for not seeking advice from a financial advisor or doing my due diligence before making such a significant investment. Now, I am left with a costly lesson learned and a reminder to always think before acting impulsively.
So, to anyone reading this, please learn from my mistake. Do your research, seek advice from professionals, and never invest more than you can afford to lose. And most importantly, don’t be a d*mn idiot like me.
CAPITAL GAINS TAX! Serpents always win!
Quit crying your fine silver will be a better investment but your gona get 300% on your money ,the problem is the assclown and chief wants 45%
Of your gains I've been doing this for 40yrs buy it and hold it , what are you gona trade it for paper , you will be able to buy a house car what ever you want with it ,and when it goes up people probably won't want paper , I just hope more regular people buy atleast a roll of silver or pick up a tenth of an ounce of gold every 3 months or so , when people lose their jobs ,they will lose everything ,and taxes and insurrance are going to wipe us out
Why don’t ask Loser trump?
You are all exit liquidity. Learn how the market efficiency paradigm works….buy low, sell high.
In the very near future, $2400 for an ounce of gold will seem like a bargain! With all the fiat currencies including the USD failing/collapsing, people will be flocking to tangible items/commodities and precious metals soon! Great call buying all that gold! God bless you!