A Personal finance blog for saving money and earning more and thus having a better life
I love writing about little baby steps in personal finance. Like how to invest your first $1000 or how to earn $100 in a day legally. This is another baby step guide. As an investor, you might want small exposure in metals, for diversity’s sake.
Without enough money, today, it’s still possible to invest in the future of gold and silver. This post is about finding ways for you to invest your first $100 in metal future.
According to research in 2010, precious metals were some of the most lucrative assets over the previous five years – earning investors an impressive 42% return from their 2010 precious metal investments.
Despite these optimistic numbers, investors should research the current economy and metals market before diving into investments. The value of precious metals tends to fluctuate over time, so taking the time to consider current market trends is crucial to achieving the highest rates of returns.
I have been buying silver since past few years through BGASC. somehow Silver is my personal favorite and I bid for it to do well in next 20 years. Better than it had performed in last 20 years. But can I convince you to be a silver investor? Read my other post Gold or Silver, which is better investment.
Let me try with a few reasoning with which I am convinced pretty much.
Investing in silver is considered a good source of making money. Although silver has been lagging recently, it should not be overlooked (either long or short) because it still is in a 17 year, secular bull market.