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I can cash this position out today and spend it on whatever I want.

I realize this is in poor taste, but I'm getting a bit sick of dealing with these comments from people who obviously know very little about building wealth or finance.

Yes there are problems with the fiat currency, but you still have to play the game.

If the market collapses to the point you think your PMs will be your savior than it is probably worthless too. That is beans and bullets time.

Please come here and try to learn about making money for yourself. Then if you want, use that money to buy some PMs, but understand that ONLY buying silver is not a good plan to help you acquire wealth.

I can cash this position out today and spend it on whatever I want. [Silver YTD](https://pic8.co/sh/ZZnDqw.png) I realize this is in poor taste, but I'm getting a bit sick of dealing with these comments from people who obviously know very little about building wealth or finance. Yes there are problems with the fiat currency, but you still have to play the game. If the market collapses to the point you think your PMs will be your savior than it is probably worthless too. That is beans and bullets time. Please come here and try to learn about making money for yourself. Then if you want, use that money to buy some PMs, but understand that ONLY buying silver is not a good plan to help you acquire wealth.

(post is archived)

[–] 1 pt

Exactly. Some days, there are no good tickers. Some days, there are ten. You need the flexibility to take advantage.

Maybe I don't have the balls, but moving 100k+ on day to day is about as much as I can stand. After that, I shoot for diversification. I'm also never gonna have more thank 100k in crypto. I'll take the excess and do property.

Diversifying when you're net value is 100k isn't necessarily helpful. Maybe my milestones are more mental, but they work for me. As I said, it's not a process people will usually tell you a lot about. You have to feel your way through.

[–] 1 pt

Another thing people don't understand is the velocity of money. Once you have working capital, if properly deployed, it's a powerful thing.

[–] 1 pt

I only own eight stocks right now. A few are long term holds, the rest are swings.

I already have covered calls sold on that MARA position, I might be out of that play by the 21st. Which would be fine by me. It's been a good ticker the last 6 months. I'd look for another re entry.

I feel you about crypto. I believe we need exposure to it, but I would not go all in, that is for sure.

I'm trying to stay at least 30% cash too. I don't really have a good feeling about the market right now, but I'm still taking what it is willing to give me.