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Radical Personal Finance

754-How to Invest in Commodities in a Radical Way (Metals, Tools, Food, Alcohol, etc.) | Interview with Steven Harris

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 19 October 2020

⏱️ 152 minutes

🧾️ Download transcript

Summary

In today's show I'm welcoming Steven Harris back to the show to discuss investing in commodities. When most people think of investing in commodities, they immediately think of gold and silver. Gold and silver have a place and can be useful, but they are not the only pathway to investing in commodities. In today's show Steven and I discuss how you can invest in commodities like food, metal, tools, etc. 

Enjoy!

Joshua

  • Go to www.RPF1234.com to buy Steven's preparedness education courses. They're awesome! (I own—and paid for—all of them myself.)

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Radical Personal Finance, a show dedicated to providing you with the knowledge, skills,

0:04.0

insight and encouragement you need, to live a rich and meaningful life now, while building a plan for

0:08.5

financial freedom in 10 years or less.

0:10.9

My name is Josh O'Sheets.

0:11.7

I am your host. Today I'm

0:13.0

pleased to welcome back to the show. Stephen, welcome to the show today.

0:17.7

Hey Josh, great to be back. Always a fun time. I'm looking forward to

0:22.4

this and if you're listening to this you

0:25.4

I'll buckle up hang on and get ready for a fun ride.

0:28.8

Absolutely. We're gonna we're gonna today we're gonna talk to be talking about

0:32.4

commodities and the concept of investing in

0:35.9

commodities saving money in commodities, but we're going to do it in a little bit of a

0:40.5

different way than many people are accustomed to.

0:44.0

Steve, you're not known for holding back on your opinions and so I think it's going to be fun

0:47.9

because I'm also not known for that.

0:49.2

We get along well in that regard.

0:51.0

And I think we'll, we're going to have an interesting conversation on

0:53.4

the subject of commodities in a way that's not usually done and I want to lay about

0:58.8

60 seconds of of groundwork by way of introduction and then we'll discuss some of the specific details.

1:06.0

Many people think, especially when it comes to thinking about hard times, hard financial times,

1:10.5

many people think about the value of owning some form of commodity.

1:15.0

But usually that term is used to refer to precious metals, usually gold and silver coins,

...

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