Question: Investing In Silver - What Are The Advantages Of Investing In Silver Today?

( Back )

Answer #1:

Yes -- that's one of the ways to create wealth or at least preserve it in volatile times. Investing in silver and other precious metals (notably gold) is a way to beat inflation and 'hedge' your finances against political & economic uncertainty. Between 1971-1981, when the US Dollar lost more than half of its value, silver prices rose nearly 5 times.

Silver is the least expensive of all precious metals, so investing in it is a way to diversify your portfolio. See it as a way to preserve your wealth and a smart option for financial security. You can invest in silver as bullion bars, coins, mutual funds and certificates, among others. Each has its advantages and disadvantages.

Answer #2:

It's also fun to collect current silver dollars from different countries. I began buying silver when it was $4 an OZ. It is easily sold if you need to and is real money.

Answer #3:

** Powered by Yahoo Answers