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How To Invest In Silver: A Straightforward List Of Your Best Options
Manage episode 405524841 series 2449596
There are multiple ways to invest in silver. Silver is a store of value and is an entirely different type of investment compared to stocks (equities).
Since a stock represents the value of a company, it's value can drop all the way to zero. Silver, however, represents the value of a commodity. This means that it will always have some intrinsic value.
That may sound like a benefit (and it is). However, there are drawbacks to investing in silver such as purchase costs that are often higher than stocks and, in some cases, the hassle of trying to find a place to store your silver safely.
The good news for those who want to invest in silver is that there are ways to maximize the benefits while minimizing the downsides. In this article, we’ll look at a few different ways to invest in silver.
873 episodes
Manage episode 405524841 series 2449596
There are multiple ways to invest in silver. Silver is a store of value and is an entirely different type of investment compared to stocks (equities).
Since a stock represents the value of a company, it's value can drop all the way to zero. Silver, however, represents the value of a commodity. This means that it will always have some intrinsic value.
That may sound like a benefit (and it is). However, there are drawbacks to investing in silver such as purchase costs that are often higher than stocks and, in some cases, the hassle of trying to find a place to store your silver safely.
The good news for those who want to invest in silver is that there are ways to maximize the benefits while minimizing the downsides. In this article, we’ll look at a few different ways to invest in silver.
873 episodes
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