The silver known even in my country as "the money of the smart" has been a good hedging investment for a long time, although its price in the last year has not behaved as it should, but it is always an asset to consider and can be very good to own it especially if it is physically, such as in the form of coins, jewelry, bullion or other, do you have investments in physical silver or silver jewelry?
Do you invest or do you have physical silver?
- Thread starter riberet19
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No, I have not invested in silver. Do not know how much the value of silver will appreciate. I personally prefer buying gold coins. The value of gold may appreciate over the years. I find it a safe investment.
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- #4
I understand, it is certainly another way to invest in precious metals, silver being cheaper in general may be more accessible to some investors, but it is true that gold has had and has a better performance in terms of refuge and appreciation than silver.
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- #6
It really is the best thing one can do when it comes to investments i think, not stick to just one and try to diversify between investments with future appreciation potential.
Good advice. I have been trying to do this lately. Although I have already sold my bitcoins, I also want to invest in physical things like silver. I have only tried online investing in my life for the last 10 years, but recently I have made various investments, Gold, banks and soon silver
As much as it sounds good to the ears and eyes, silver investment is not something that can be gone into without one having proper knowledge if how it works or how the msrket flows precisely. I do not have investment in silver either physical or digital bit would love to learn more about it then jump into the market for silver.
What you are doing is wise. We must do our research before making any investment. Fortunately, investing in gold and silver is not as risky as investing in Bitcoin, and at least you won't lose much money, but we still need to research and invest at the right time.
I would prefer the physical silver to investing. This is simply because the physical silver is money in kind. This can be exchanged for money anytime on the day compared to investing which is very certain because investment comes with its risks.
I love to invest but before I do so, I make sure to carry out proper analysis on the business to venture in.
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- #13
Yes, it is always better to invest in physical silver since at least you have the mineral itself in possession, rather than investing digitally in it, but the problems sometimes of having the asset physically is its security and storage.
Well, I think that silver is precious metal but it is not as popular and valuable as gold. Gold is scarce and silver is not scarce. This is why silver is not as valuable as gold.
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- #16
It is clear that gold is scarcer and with more desirable properties that makes it more valuable, but silver is also a very precious asset and a mineral with a high demand, in general, it is an asset to take into account and can be diversified along with gold.
Substantialy, I have seen a lot of people make decent amount of money from selling scrap metals.