How Do You Invest In Gold Or Silver?
Is it best to buy real gold or silver or do you buy stocks in gold or silver companies? Do you trade in gold or silver as commodities? How does investing in gold and silver work and which is the best methods?
I invested for a while with both bullion and coins. You can see if there is a bullion dealer in your area. If you have it stored with the dealer, it will cost you storage fees. One can also invest via commodities, but you should be fairly affluent in order to do that. You can lose everything in one day or less if you aren't careful. Commodity dealers will try to talk you into committing quickly for that reason, so unless you need a tax shelter, keep away from that.
If you choose to go with coins, it is usually rare coin dealers that you will buy the coins from and these coins are higher grade coins. Again, unless you know what you are doing, you could well overpay for these items.
Hope this helps!
by kentuckyslone 8 years ago
Do you think circulated coins are a good way to invest in silver?
by PhoenixV 4 years ago
Is Silver Bullion Or Silver Coins A Good Investment Currently?Is buying silver a good idea? What price is a good price to buy silver? What is a good price to sell silver? What are some strategies you would recommend, when thinking about investing in silver?
by Jonesy0311 5 years ago
What is the best way to buy real gold and silver?I don't want to put my money in a mutual fund, ETF, etc. which gives me a piece of paper. I want to buy real tangible solid gold or silver. Where or who should I buy from?
by Penny Godfirnon 4 years ago
Does anyone know the pros and cons of porcelain , gold or silver crowns on your teeth?My dentist did not want to put on a gold crown, said it was too expensive, however my insurance paid all but $ 50.00. I had two already.
by Skyler Parker 3 years ago
Should I invest in gold or silver?I'm thinking about doing so, but I wanted others' opinions first.
by philClaeys 6 years ago
Should we invest in gold and silver?Is gold and silver still a good investment?
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