128: Investing in Silver and How to Learn Investing Faster

Listener Questions

Christy has 2 questions:

Linda,

I love your show and I've been binge-listening to old episodes.I've always been really afraid of investing and intimidated byanything related to finances. Your show is shifting my perspectiveand helping me take charge of my future with confidence. Thankyou!

I have two questions. 1. What other resources (besides yourshow, and mailing list) would you recommend to someone who istrying to learn about this world with no prior knowledge. I want tolearn as much as I can as fast as I can, and there is no end to theamount of books and podcasts, and blogs about the market,investing, business and economics, where is the beginning?

Thank you, Christy. I'm so glad the show is giving youconfidence and shifting your thinking! That's why I'm here! I thinkmany financial experts make investing too difficult and technicaland it just doesn't have to be that way. I also believe thatthere's a mental connection to wealth and your thinking isparamount, so I include mindset, belief, and positivity into wealthbuilding because from my experience that's also important.Everything I share with you is from my experience of wealthbuilding and not what I GUESS will work, but what I KNOW works.

If you're hungry for more knowledge, then I suggest you startwith the financial books I recommend. Go to lindapjones.com/booksand get the list of 7 fantastic financial books I recommend foryour must-read library. All these authors have a similarperspective on money and investing like I do and I highly recommendthem.

Part 2 of her question is:

2. I've started investing in Silver Eagles. I'mPlanning on holding on to them for the foreseeable future. But ifand when I do want to sell, what is the most practical way?

Thank you for all you do!

As you know, I like silver Eagles for many reasons - theirincredible growth potential, low initial investment and protectionfrom problems with the dollar due to excess government debt and thecurrent cycle we're in. Good for you for investing in them!

When you want to sell, the dealer you bought the silver fromwill likely buy them back from you at the "spot" silver price -what the pure metal sells for per ounce on the commodity exchange,plus commission and a profit. It's usually about a $3 extra charge,but it varies depending on the market and the dealer.

I usually get asked where can you buy silver?