In Episode 51 of Y’all Street, host Tarek Saab talks with Josie Conner, a professional breakaway roper earning over $600,000 and a business graduate.
Josie Conner, a rising star in rodeo, shares insights on the financial discipline that has shaped her success. With a background in breakaway roping, Josie emphasizes the importance of treating one’s career like a business from a young age. This mindset can also be crucial for new investors looking to enter the world of alternative assets.
How to Start Investing in Precious Metals
For those new to investing, particularly in precious metals like silver, here are some concrete steps to get started:
- Research different types of precious metals and their market trends.
- Open a brokerage account that allows for precious metal investments.
- Consider setting up an IRA to include precious metals as part of your retirement strategy.
- Start small: Allocate a portion of your income from side hustles to buy physical metals.
- Keep track of your investments and review them regularly.
If this is what you’re going to do, you have to break the mold because most people who rodeo successfully come out of it with nothing.
Josie Conner
What to Ask Before Buying Silver
When considering silver investments, it’s important to ask yourself a few questions to ensure you’re making informed decisions. Here are some examples:
- What are the current market prices for silver?
- Is it better to buy physical silver or invest in silver ETFs?
- What fees will be associated with purchasing and storing silver?
- How does silver fit into my overall investment strategy?
- Am I prepared for the potential volatility of precious metal investments?
By using these questions and tips shared by Josie Conner, new investors can build a solid foundation in the world of precious metals.
