A Personal finance blog to get rich
Silver continues to be quite the investment win for many, not only because it is so affordable to build an additional position in, but also, silver continues to reward heavily with how much it can appreciate.
However, even with those benefits, physical silver can sometimes be a pain because of how many physical units are needed with typical investing. After all, one ounce of gold is the equivalent of 69 silver equivalents. That can start to take up some serious space after a while.
My retirement portfolio consists of stocks and bonds, primarily because my employer 401k doesn’t have any other option other than those. My IRA account has some investment in GLD (SPDR gold ETF). Later in this post, find the image with the last three years’ performance of this ETF. Gold and silver during recession perform better.
Better than any stocks in my IRA portfolio. As the recession fear grows, this ETF and similar ones would tend to perform even better. People do buy bullion more during or approaching a recession.
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.
