2 Cheap ways to invest during a bad economy
Low Risk Investment
Bad economies are often seen as when stocks are down, things are more expensive, and people are losing money. Everyone seems to want to find the best low risk way to invest, yet wants to get high yielding results. Yet there’s an important thing people forget during the panic of a bad economy: In order for people to lose money, other people have to be making money. After all, if you bought a stock for $100 and sold at $90, you lost $10 (and someone had to buy for you to sell). But where did the $10 go? Someone made that $10 and therefore made money. This is proof that you can make money during a bad economy. But let’s steer clear of the stock market to find the low risk investment that’s right for you.
When economies get bad, people want to reduce risk by seeking those low risk investments that still allow an investor to make a profit. Gold and silver are the big nest eggs people tend to buy. But gold is expensive, and silver isn’t exactly cheap either. So what can you invest in? There are two really cheap ways you can invest your money in a bad economy to make a profit. We’ll start with the one with higher cost: the copper pennies.
Ever heard of penny stocks? Worthless stocks that may go up literally by a penny if you’re lucky. Why play the stock market when you can just not play the game. Pennies today are made of 97.5% zinc and 2.5% copper. This metal composition was changed in 1982 where the penny was made of 95% copper and 5% zinc. A penny may seem small, but all that copper adds up. In fact, even in this bad economic time (where copper price is on its worse day), the copper penny is worth over two cents. That means you’re getting two cents for every one cent. Of course you can’t melt pennies because it is currently illegal, but that’s the best part. Because it is illegal, copper penny prices are down! That means all you have to do is buy cheap and wait.
You could drop between $1600-$2000 on one troy ounce of gold. $30 for one troy ounce of silver. Or go the cheap route in copper by buying 68 pounds of copper for under $200. You can buy copper pennies from us even cheaper than that. But we encourage you to shop around to prove our great price, quality, and service (read about buying copper pennies on Ebay). Why 68 pounds? Because 68 pounds of copper pennies is about $100 face value in pennies as a currency, which is how it is generally traded and shipped. Yes, that’s right, shipped. The best part of this investment is you actually get them in the mail and hold onto them. No need to worry if the bank will crash or if you can access your investment on the weekends, because for you, you have them in your possession 24/7. Just to help explain the cost comparison, 1 pound = 14.5833333 troy ounces. So 68 pounds is about 991.67 troy ounces. This may seem like a bunch of random numbers, but doing the math shows that you can buy a significantly larger quantity of the metal copper for a fraction of the price of gold or silver. Copper is a heavily demanded metal around the world with many practical uses. That makes copper pennies an inexpensive and cheap metal to invest in. And the best part is, stocks may have the ability to hit zero, but your penny won’t. After all, a penny is worth at minimum, a penny.
Want to go even cheaper? Nickels are currently made of 75% copper and 25% nickel. This means their metal value in copper also makes them worth more than their face value. The catch is that the nickel has a face value of five cents, making the copper value in comparison to its face value significantly smaller than the penny (read about should you by copper pennies or nickels). Still, if you want to find the cheapest way to invest in copper, nickels are a great way to go. Nickels sell for just slightly above their face value so you have very marginal initial cost. And remember how a penny is always worth a penny? Well a nickel is worth a nickel, so you can always cash out for very little risk.
Copper pennies or copper nickels
Intrigued by the idea of investing in coin but not sure which coin is right for you? It always comes down to math. Nickels take up less space since they’re bigger, have less risk since each coin is worth five cents, and have a smaller premium over face value to invest. Copper pennies take up more space, have a higher risk since each coin is only worth one cent, have a higher premium above face value, but have a significantly higher copper content compared to the same face value dollar quantity of nickels.
What does this mean? Nickels are to play it extra safe with lower returns. Copper pennies are to play it safe with higher returns. Both are cheap ways to invest during a bad economy. So either way you go, you’ve got a big win on your side right from the start.
Invest cheap. Invest smart. How to make money off of copper pennies.