Morning Folks
It's been a bit quiet for me lately as life has gotten in the way of my writing.
But today is a day of celebration!
The price of silver just keeps going up, which is actually a terrible thing for me as it is costing me more to buy silver!
But I thought I would take a look today at what this means value-wise for my collection.
So so far I have 8 1oz silver coins.
Total costs:
$34.36 x 4 coins from the UK.
$28 x 2 coins from Spain.
$25 x 2 coins from Spain.
This brings my total expenditure on Silver to $190.44 to date.
If I was to sell at spot price these 8 coins, at today's value I would get $252.88.
A big $62.44 profit!
That to me is a massive amount of money and really has impressed me with the growth in value of what I have bought.
Of course I know the price will probably drop soon. But this is a good sign for me to invest in more Silver.
I am currently waiting on 2 pieces to make up my collection of 8 so once they come I will do another post about them. Really excited that I started this journey.
Keep stacking folks
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Yes, you could do that! You can sell and make a profit!
The temptation is there
But sadly I'm in for long haul so no selling
I remember buying my first 4 silver coins, I was just as excited. I carried them around for days until I finally put them in my late father's coin collection. That's where I originally became associated with silver.
I glad to have started Stacking back in 2015, overhauled my bad shopping habits, paid down all my debts, and made longer termed plans rather than living the moment. Made some sacrifices and put some dreams on hold, even took on some side gigs to keep up tucking away a few coins a month without taking anything away from my kid's needs.
Keep Stacking @youloseagain
Nice! I think it keeps going up from here!
But not in a straight line of course.
A straight line up would be bad, we do need buying opportunities!
Straight up would indeed be terrible
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