Investing in Gold And Silver
Many people are looking into investing in gold and silver these days, for various reasons.
Due to economic uncertainty the stock market is looking more and more uncertain. And the job market is unstable also, so people need a more promising and stable place to put their savings.
First off, finding the best savings interest rates is vital these days. So your money can earn the most interest possible for you.
We have already done the work of helping you to find the best savings account interest rates.
Investing in Gold and Silver
Advantages to Investing in Gold and Silver
Investing in gold and silver can be a great way to diversify your portfolio and hedge against economic uncertainty.
Many financial advisors and investment specialists are recommending people to invest in gold and silver because there is much economic uncertainty these days.
Many banks and financial institutions are projecting that gold and silver will increase in value over time. Especially in the next few years.
We think investing in gold and silver at this time would be a good move. Just be careful how much you invest, and make sure your savings and investments are easily liquidated in case you need access to the funds quickly.
3 Most Common Ways to Investing in Gold and Silver
The following are the most common options for investing in gold and silver.
First you need to decide if you want to buy and store physical gold. If you do not want to store physical gold or silver, then you will probably want to go to the 2nd or 3rd options.
The trusted company SD Bullion offers you a way to buy physical gold or silver, and then store it at their secure facility. You can read more about this below.
Investing in Gold and Silver
1. Buy Physical Gold and Silver
The first option to invest in gold and silver is to buy physical gold and silver. There are various options to consider.
The first is where to buy physical gold and silver. There are many companies to choose from, some of which are not reputable or good companies.
We recommend and also personally use SD Bullion. They are a highly reputable and secure company to buy from.
Buying Physical Gold and Silver at SD Bullion
Investing in Gold and Silver
About SD Bullion
SD Bullion was founded in 2012 by Dr. Tyler Wall. Since 2012 they have shipped more than 1,500,000 orders to more than 400,000 customers.
Since 2012 SD Bullion has maintained an A+ rating at BBB (Better Business Bureau). Over 1300 A+ reviews on BBB demonstrates their commitment to trust and reliability.
SD Bullion has received more than 125,000 satisfied customer 5 star ratings through ShopperApproved. SD Bullion stands as a trusted name in precious metals.
You can buy a large variety of gold and silver products from SD Bullion. Including gold and silver bars, coins, rounds, and other types as well.
Besides buying gold and silver, you can also store your physical gold and silver at SD Bullion’s safe & secure storage vault facility.
They also buy gold and silver back from customers, in case you need to sell and get your money quickly.
You can learn more about SD Bullion in our Guide to Buying Gold & Silver At SD Bullion.
Buying Physical Gold and Silver
There are various options to choose from when it comes to buying physical gold and silver.
Each type has it’s advantages, and some people prefer one over the other.
Gold & Silver Bars, Coins, Rounds, and Other Types: SD Bullion, for example, offers gold and silver bars, coins, rounds, and other types.
Gold bars are available in various gram sizes, and in 1 oz., 10 oz., and 1 kilo weights.
The silver bars are available in 1 oz., 5 oz., 10 oz., 1 kilo, 100 oz., and 1000 oz. weights.
There are many options in gold and silver coins. Some examples are the American Gold or Silver Eagles, the gold or silver Canadian Maple Leafs, British or Australian coins, and many others.
Silver rounds come in a large variety of weights (1 oz, 2 oz, 5 oz…) and styles.
SD Bullion also offers a variety of special series products of bars, coins, and rounds.
Buying Physical Gold and Silver at SD Bullion
Investing in Gold and Silver
2. Investing in Gold and Silver ETF’s
Another option available to you is to invest in gold and silver by investing in ETF’s. These are Exchange Traded Funds (ETF).
An ETF is a pooled investment security that can be bought and sold like an individual stock. ETFs can be structured to track anything from the price of a commodity to a large and diverse collection of securities.
ETFs can even be designed to follow specific investment strategies. Various types of ETFs are available to investors for income generation, speculation, and price increases.
Investing in Gold and Silver ETF’s Through Wealthfront
You can invest in gold and silver ETF’s without having to buy and then store physical gold. This option appeals to many people that do not want to have to store physical gold and silver.
Wealthfront is a highly recommend company for this. Besides being a highly reputable and trustworthy company, we personally use Wealthfront for our savings, investing, and financial management.
You can read Our Guide and Review of Wealthfront for much more information.
They offer the best savings account interest rates available in the industry at 5.50%. And they offer diverse and excellent investment and financial services. Such as gold and silver ETF’s, and many other ETF’s and funds.
Open An Account at Wealthfront
Investing In Gold and Silver
Wealthfront offers several gold and silver ETF’s. As well as several other gold and silver related funds.
Gold & Silver ETFs: These are funds that track the price of gold and silver, and are traded on stock exchanges.
The ETF’s and other funds offer the advantage of not having to store physical gold or silver.
Investing in Gold and Silver
3. Investing in Gold and Silver Mining Stocks
Wealthfront also offers stock funds that are of gold and silver mining companies. Investing in companies that mine gold can provide exposure to gold prices through their stock performance.
These stock funds can be more volatile than physical gold, especially in times where there is much economic uncertainty.
In good economic times these stock funds can offer potential for better gains, if the companies perform well.
Open An Account at Wealthfront
There are other types of gold and silver investments, such as gold and silver futures. Futures markets are very volatile, so we do not recommend them.
The 3 options we have presented are the most common and most recommended ways for investing in gold and silver.
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