Silver is one of the most popular metals and it is quite precious as well. However, silver is not that precious as gold. Gold might be more valuable. Moreover, silver also seems to be more volatile as compared to gold. So, do you think that we should invest money in silver? IS it really a kind of commodity which is worth purchasing?
Have You Ever Invested Money In Silver?
- Thread starter Passiveearner
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I would love to invest money in silver but I don't know what and how the market is like. It will not be reasonable for me to just invest blindly in it because I heard that it is a lucrative investment
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- #4
Investing money in silver or gold is quite risky. This is because the market could fluctuate at any time and this leads to losses. A person must not invest what he cannot afford to lose.
I have not made any investment in silver. I just have a few pieces of silver jewellery. I prefer to invest in gold. The value of gold appreciates during times of uncertainty.
The same thing is applicable to me because I have not also been able to invest on silver because I do not have enough experience about it.
It is very risky and it is just like cryptocurrency because the price is not stable and it is possible for you to lose your money so you need to be extra careful when do you want to invest in it
I also want to have that experience of investing money into silver to know how it feels like and also to know how the market works because I am very sure that it may be quite different from crypto-currency Market
Gold is very valuable and the risk you are going to face when you invest in it is low and I think that is why a lot of people love to invest in it because they believe that it will continue to appreciate
have not invested money in silver but I was told that it is a very good form of investment.
Investing money in silver or gold is quite risky. This is because the market could fluctuate at any time and this leads to losses. A person must not invest what he cannot afford to lose. I will carry out some research on this
Investing money in silver or gold is quite risky. This is because the market could fluctuate at any time and this leads to losses. A person must not invest what he cannot afford to lose. I will carry out some research on this
I have never invested in any metal, whether gold or silver because I don't know how they work. If I had taken time to learn about how to invest in them, then I would have tried them. I always hear that these metals are so profitable and people even mine to get them for sale.
