By Timothy Kelheart Disclaimer: Invest at your own risk and after you have conducted your own due diligence on the material mentioned in this article. With the constant concern in the stock market that it might dip and fall or skyrocket and shatter expectations, why not leave all worry behind an...
By Timothy Kelheart
Disclaimer: Invest at your own risk and after you have conducted your own due diligence on the material mentioned in this article.
With the constant concern in the stock market that it might dip and fall or skyrocket and shatter expectations, why not leave all worry behind and invest in something you can physically hold in your hands? Precious metals like gold, silver, platinum, and palladium are being considered by investors who would like to have an investment that is market shock proof.
You can feel the value of investing in metal from the weight in your hands to that weight becoming even more valuable in the coming years. All four previously mentioned precious metals have increased in value since 1990 and seem steadfast in increasing in value for the next 30 years. This is not to say that some of these precious metals did not see any price fluctuations other than up in the last 30 years but have rather increased in value from 1990 to today. Even within the last 18 years all four metals have increase in value!
Now that you are interested in obtaining precious metals you may be wondering “well which ones should I purchase?” The answer is, it depends on a few individual factors; one factor being how much are you willing to invest in precious metals and if you want to purchase one metal or a combination of the four previously mentioned precious metals.
I will not be recommending one precious metal over another but leave that decision up to you; look into the 5 and 10 year trends of the metal(s) you would like to own and conduct research on the market(s) for said metal(s). Just like the stock market, buy low and sell high. Don’t rush into a precious metal if it looks a little bloated but as well be cautious when buying during a dip, it could dip even lower.
Precious metals have different values like another other commodity and can fluctuate depending on a numerous variables but their steady rise since the 1990s make them a solid investment for those who are willing to hold on to these precious metals for the long haul.