More ways to invest than just stocks
My family has always invested in several different ways. In addition to stocks and bonds, they have always put some money aside in silver bullion and gold bullion. We’ve always felt that by spreading the money around a little bit we don’t run the risk of losing all of our money. Don’t get me wrong, we are not wealthy people by any means. We just try to have a nest egg in case we need it! And by putting some of our nest egg money in gold and silver, we think that is a good way to ensure that if and when we need money we can cash in whichever makes the most sense at the time!
I also think that gold coins are a good investment. Bullion is fine, but I also like the coins. My father got me started in investing in the precious metals on my 18th birthday by giving me a gold coin as one of my birthday gifts. And he gave each of our kids a gold coin on the day they were born, too. Naturally I keep all of those in a safe deposit box! Although pretty to look at, I don’t want to risk losing them!