The best way to buy silver for investment and to conserve assets is actually by buying silver rounds. With the value of silver on the rise, this is a very wise thing to look at.
Mint coins are probably the most expensive way to buy silver. There is a premium or mark up over the spot price of silver and it can take some time to make up this additional cost. In terms of a return on investment it is not very fruitful.
Bars are better, especially the larger bars, where the premium is substantially less. If you are interested in silver purely as an investment, then certificates or exchange traded funds are another way to go. The cost of purchase and redeeming the silver is less and are a better proposition in terms of investment as you do not have to take delivery, store and on sell the silver yourself. It is all done through paperwork essentially.
No comments:
Post a Comment