Should you invest money in silver in 2024?

[Passiveearner]

Investing in commodities could be a really great thing to do. Silver is one such kind of precious and valuable commodities due to the fact that this commodity has a really great demand. Moreover, this commodity is also considered one of the best commodities. So, should you invest money in Silver in the year 2024?

 

[Starmix]

I need millions of course, and I also have no talent in buying and selling silver. It may be a profitable business for those who have a passion on this.I do not have a passion on this.

 

[nomad]

They say investing in silver is profitable, even more porfitable than investing in gold. The logic behind this is silver has a wide use case in the industry so it is always in high demand

 

[Stardom22]

For me l think that it's indeed a very good idea to make sure that you make a very robust and diligently research before making any investment be it online or offline.

 

[Starmix]

I want to invest this but what silver do you mean? Do you mean the tangible silver or virtual. Silver is costly too the same as gold. It's good to invest them.

 

[Springtime]

So far, I have just invested in physical gold which I thought is a safe investment. I haven't looked into silver. Do not have much knowledge about this commodity. I may look into it in the near future.

 

[Suba]

I don't have knowledge and skills about silver, so I didn't choose silver as part of my investment portfolio. Even though the price of silver is cheap and carries a small risk, the price of silver is very dependent on industrial demand, besides that silver also requires care so that the quality of the silver does not decrease.

 

[Starmix]

Investing on silver is not my vuo5of coffee. Though its value appreciate but taking it isn't easy as protection against burglary and safe keeping. You may always spend sleepless nights thinking about it's safety.