Scroll to the top of your reddit app. Type gold. Search in this subreddit. Try it. You'll be amazed! If your stash of precious metals is bigger than your emergency fund, you are investing and not prepping. According to the bitcoin standard, if silvers price rises in any significant way, silver miners will produce more and bring the price back down. Silver isn't much of an investment in terms of making a return, but it's intrinsic value is better than the dollar which is worth less every day. What is your reason for investing in gold or silver? People invest in gold and silver for various reasons. Why do you invest in them? Not an.
Silver is an industrial metal and it's price reflects that demand. Gold is purchased as an investment/store of wealth. Gold's price is not as. I focus on silver because it has more growth potential IMO. Significantly more utility for electronics, medical equipment, etc compared to gold. It's a long term store of value, don't expect quick gains and don't invest more than you can afford. Just hang onto it for 10+ years. As for it being a store if wealth, it is a asset, and just like any asset, even a stock, it protects against inflation. I only collect silver. Physical precious metals kept securely in your home are a useful adjunct to other investments, as they're a useful hedge against hyperinflation. Yes, one financial planner told me she buys gold coins investment grade. On top she buys and actually hoard rolls and rolls of silver dollars. They said that silver is undervalued right now and I should buy it while the price is low and then sell when the price is higher. My question is, what precious metals besides gold and silver are actually worth buying stacking and holding? Doe it really matter when the. 32 votes, 30 comments. Hey everyone, I'm looking to invest in silver but wasn't sure about the available options. Unlike SGBs, there seems. The issue comes in when people invest exclusively in precious metals and in doing so give up on gains from higher yield, more liquid investments. Silver is at almost double what it was TWENTY-NINE years ago. That's not an investment, while that spot price has doubled it has NOT outpaced inflation.
I own silver and gold. I don't purchase it as an investment, I do so to protect my money from inflation and government over reach. Silver is not an investment, it's a savings account. The market is also rigged with billions of fake / paper ounces traded as physical silver. Silver is a non-digital asset. I cannot think of a physical asset that stores value better than silver, other than other precious metals or land. It really depends on why you are buying silver. If it's as a hedge against inflation you want the biggest bang for the buck. By silver that is. Silver has been lacklustre over the past few years. It is still almost 45% off its all-time high of $ Given the market dynamics. I'm looking for an investment that contains not only up front value like silver bullion but also sentimental value to collectors such as coinage and other. Silver ETFs (Exchange-Traded Funds): These financial instruments track the price of silver and can be bought and sold like stocks. This means. Similar to gold, silver is a good store of value and will over time hold, or even strengthen in value against fiat currencies. (long but. Part of diversification means having some money in high-risk high-reward assets and some in low-risk low-reward assets. Silver falls into the.
This is how this thread is going right now: OP: Why do people invest I silver? Reddit: Silver isn't an investment! Me: No, silver can definitely. There's no question that silver has been the worst-performing "investment" that I've owned over the last 10 years. It's strictly a hobby for me. how is silver a better investment than gold? · Silver is much cheaper so you can get a lot more of it · You might see more extreme price. As for it being a store if wealth, it is a asset, and just like any asset, even a stock, it protects against inflation. I only collect silver. I have a modest k, comfortable emergency fund, and then traditional investment accounts made up of ETFs, large cap stocks in industries.
Also I would recommend to still invest in gold, silver, stocks and maybe crypto but for crypto do you own research first before you get in. Because it's not an investment. It doesn't generate value or pay dividends. It's a safe haven in financial turmoil, where other assets and cash. I am extremely frustrated on my silver metals investment and just precious metal investments as a whole. I believe the investor is the real. Ive also read people defending their purchase by saying they have terrible money management skills and buying silver is a way to "spend and save.
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