Chuck's Voice Blog
Investing For A Rainy Day
Posted on 05/28/2009 | In: Chuck's Voice Blog (4:12, 9 plays)
Hello everyone: Chuck Madere Here: Today I would like to speak on a different subject and that subject is investing. Most of us as children were told by our parents to save for a rainy day. A rainy day is a day when times are troublesome. I did not understand that as a child and would wait for the rain to come so I could spend all that I had saved. That's how children think for the most part. Now that I am an adult, I know better. Some people never got the concept down about investing. Are you aware of the fact that 85% of the baby boomer population will retire at or below the poverty level. Why is that? These people worked all their lives and trusted the system that was in place. Sure there will something for me when I retire they say. We have a system that takes care of all that. The real truth is we have been lied to all these years. For those 15% that took the advice of their parent and invested in something only about 2 or 3 % will come away with something at retirement time. We all are still doing what the system wants us to do. We use plastic money to get the things we want so we can fit in and seem normal to everyone else. We put our cash in banks that give us little or nothing in return and they turn around and make millions off of us. We give the banks possession of what we think has value but in all reality only has perceived value and nothing more. So if you find your self described here and want to make an investment in something that will have real value for you and your family later in your life then you need to locate something that you can control physically and is used continually by people all over the world. When I did my searching for the best investment to put my money in, I came away with precious metals like gold and silver. I researched gold as my choice but found that it was way too expensive for my budget. Gold is however the best choice but I could not start there. I needed to find another precious metal that had an upward growth curve and would out perform gold so I could make money investing in it. The solution was silver. Silver was out performing every other precious metal on the market. Because silver is used in everything electronic from toys to automobiles to items used in our homes and jewelry. I saw silver as the place to invest with. When I started investing in silver the price per ounce was below five dollars. Today silver is still a great investment for silver today is what gold was 50 years ago. There is so much money to be made with real hold in your hand silver. Never confuse paper silver with the real thing. A piece of paper has the same value as our mass printed currency. It's worth nothing and is a poor way to invest. Now getting back to the baby boomers and for that matter anyone serious about investing, there is still time to make a sizeable income for your retirement if you start investing in silver right now. Because silver is bulky and takes up a lot of space. I when I have enough silver on hand convert it into gold coins. Remember I told you that gold still is and will always be the first choice to invest in. There you have it folks. This is my broadcast for you today. This is Chuck Madere and I wish you all well.
http://silversnowball.com/707
