Sunday 11 November 2012

Comparing Silver Coins Worth Money For Investment

Silver is one of the precious metals and it is a good investment for financial crisis. It has been used as a measure of value in many countries. The sterling pound of Great Britain was originally made of silver. The difference between gold and silver is the volatility. There's no doubt that gold is the most expensive metal but, silver is a worthy investment on any day you look at it. Silver has lower market liquidity and there is a huge difference in the industrial value and store value.
Buying Silver Coins Worth Money: There are many forms in which silver can be bought, so you need to know exactly how you want the silver before you buy it. For example, you can put it in a bank vault as a collectible or as an investment to cushion you from an economic melt down. Whatever the reason for buying silver, be wary of scammers who are prowling the internet for un suspecting silver buyers.
Bullion is the bars of silver you find at your bank. They are valued in weight and are meant for investment and not collectibles. Some banks buy and sell silver and issue certificates as proof of ownership. This is another foolproof way of buying silver as investment. You should be careful when investing in any forms of precious metals due to the high price and market fluctuations.
Though silver has currently hit a record high price in the market, don't get your savings there just yet before you carefully examine and understand the market trends.
Most people are rushing to buy silver as an investment and the experts are giving caution as to holding silver as an investment as it is not a liquid asset which can be easily traded. As a measure of value, Canada and the US have recognised silver as legal tender. This means that silver can be used as a payment for debt. The experts in silver investment have always considered ETF's or exchange traded funds as the best way to go. This is where you sell your silver to a bank or the government coffers and you get certificates showing your ownership.

Tuesday 30 October 2012

Gold Trading Tips - The Top 3 Things You Must Know Before Investing In Gold

Gold investing is gaining popularity as gold price is on a strong uptrend for the past few years and there are many gold trading tips you can find online. But if you are serious about making good money from your gold investing, here are the top 3 gold trading tips you must know before you put your hard earned money to buy gold.

Gold trading tips #1: About portfolio diversification

It's in many people's thoughts that they only need to invest in one investment vehicle and they can be profitable. There is virtually no sure-win instrument but only vehicles with higher probability of winning.
It's important that you diversify your portfolio so if one investment do not perform well, you have others which are making you money. In other words, you will be much safer in a volatile market. One example will be investing in gold stocks with 20% of your portfolio, perhaps 25% in gold coins and gold bars, 30% in spot gold trading and the rest in cash liquidity.Add more capital to your investment portfolio slowly when your investments make money so that it will add as compounding factor, that's how money makes money.
If you are looking to invest and buy gold for short or long term, the above 3 gold trading tips will be a very valuable guide for you. You should be able to see certain good returns from your portfolio within just a few years if you stick to the above gold trading tips.

Gold trading tips #2: Online gold trading or spot gold trading

It's among the simplest and cheapest way to trade gold online. First of all, there is no storage space needed because you don't buy physical gold. Secondly, if you do not have a lot of capital to invest, you can make use of the high leverage that the broker offers you.When the market is now on an uptrend, you will want to buy the gold contract when the gold price drops a little. But if there is a case where a huge event occurs and price falls, you can sell the contract and still make profits. The symbol in gold trading is represented by XAU/USD and the only cost are the spreads which can range from 50 to 70 pips for most brokers. Other than that, the profits may come faster than physical gold as it is possible to take smaller profits just like trading.One thing to note is that many people failed in spot gold trading simply because they over-leveraged and don't take money management in hand. This is a deadly mistake that you need to prevent if you are to have a chance to generate wealth in this area for long run.

Gold trading tips #3: Buying gold in physical form

One of the most effective ways to invest in gold is getting hold of gold coins and bars. Many people today do not just buy gold as they generate wealth but at the same time for the purpose of nice feeling. It is always nice to have a gold bar or even a gold coin in hand when you know it has genuine money value which you can exchange for money. And it's always attractive by the look of itself.
Although trading in gold bars and gold coins might be less riskier than gold stocks and will probably provide a steadier returns, it might take several years to see those profits. It may take a few years before you are able to see a significant amount of returns, so keeping the gold longer can have a potentially higher returns. It's always recommended that you invest in real gold bars or gold coins like the quality American Eagle gold coins.
Although trading in gold bars and gold coins might be less riskier than gold stocks and will probably provide a steadier returns, it might take several years to see those profits. It may take a few years before you are able to see a significant amount of returns, so keeping the gold longer can have a potentially higher returns. It's always recommended that you invest in real gold bars or gold coins like the quality American Eagle gold coins.