Sometimes You Have to Sell
I try to account for unexpected expenses, but sometimes life throws you more curveballs than you were expecting. I recently had to buy a new lawnmower after the old one finally died. I checked my tire treads on my car yesterday and realized those are better off being replaced than trying to handle another winter with them.
It happens, but fortunately the price of silver is still strong. Before the increase I would've likely needed to sell around 16 ounces of silver to pay for new tires.
(Created with ChatGPT)
These days I only need to sell about 7.5 ounces to cover everything. Now that's a silver lining if I ever heard one!
Remember to keep stacking, and remember why you stack. A meager $500 in savings back then would be over $1000 today if that were put into silver instead. Then again, hindsight is 20/20.
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As far as I am concerned, our silver has done what it is meant to do. So far, I have not sold any of my silver though I have come close at times.
!PIZZA
So far I've mainly been selling the more premium pieces I'm willing to part with, so it doesn't affect my core bullion base. 🙂
!BBH
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Why not just get a bigger savings account so you dont have to sell? :p
!LOL because I have kids who eat too much and wear through shoes like they're made of paper. 🤣
!BBH
!PIZZA
!ALIVE
Hahaha fair enough xD
!ALIVE !HEARTBEAT !LOLZ
Kudos on completing your daily Ecency leaderboard quest, @bulliontools! It is wise to leverage your silver holdings to cover these essential life expenses.
Tipped with Ecency POINTS.
Those big expenses really suck! They always seem to come right around the same time you happen to get a windfall. At least that's the way it seems for me.
My rule of thumb is “if” my New Tires and Lawn Mower cost me 1,000 in Silver, I’d pick up a $10 Roll of Quarters at the Bank, to recover my Spending Power, once we’re on the other side of the Reset…
I just don't want to keep rolls of coins around if they're not gold or silver.
!BBH
!PIZZA
!ALIVE
This tells me you wouldn’t like exchanging a $10 Roll of Quarters for a One Ounce $10 Silver Coin, once we’re on the other side of the Reset… I’m okay with that…