This Article is About
gold
stocks and bonds
same time period
ups and downs
coin shop
asking this question
question the answer
ups
financial future
stock market
length of time
Silver-the Poor Mans Gold
Join 1000's of Authors at StreetArticles Today!

When one thinks of investing, he or she typically thinks of the stock market. Stocks and bonds have always received the most attention in the media when it comes to investments. Well, things are starting to change. Gold and specifically Silver are now becoming very strong investments that will allow you to invest your cash. As gold is quite expensive I would like to show you how Silver is now an affordable way to invest your money now in hopes of a stronger financial future.. In effect I will show you how to manage your cash in a very productive way and the advice is free of charge.

To best determine whether an investment is worth spending your cash on, historical research must be done. How has an investment performed over a length of time? The stock market historically has had ups and downs but has always continued to increase it's overall value over time. The same can be said about Silver. Over the past two years alone, Silver has jumped from approximately $12 an ounce to $39 an ounce as of July 20,2011. As you can see over time, Silver has performed quite well in increasing value. In fact, Silver has outperformed Gold over this same time period. With many precious metal experts predicting a continued increase of Silver due to the weak value of the dollar, $50 an ounce for Silver in the near future is quite possible.

How can I invest my cash into the commodity of Silver? If you are asking this question, the answer is this. Simply visit your local coin shop and purcase as many ounces you feel comfortable in buying. You can purchase as little as one ounce at a time. Usually coin dealers will charge you the spot price plus a small commission which can be anywhere from $1.50 to $5.00 per ounce. Don't let the term spot price confuse you. It is the term used for the daily rate that one ounce of silver is selling for. For example, if you purchased an ounce of Silver on the date quoted above, the spot price would be $39.00. Make sure the silver you purchase has .999 imprinted somewhere on the coin. This insures that you are buying pure Silver.

Turning your cash into Silver is great way to manage your money. Once you have purchased a few ounces or more and placed them in an appropriate place, you can follow the daily activity just as you would the stock market. There are several ways to track the value of Silver. Television, newspaper,and computer websites are a few. This is the enjoyable part!

You also have another avenue to invest in Silver and it may be in your pocket right now. Any Silver nickel or dime that was produced in 1964 or earlier is pure silver. Any time you make a purchase and are handed loose change, check the Silver and save any coin that predates 1964. You may already be invested in a precious metal and not even know it! Either save or take those coins to the dealer to find out how much they may be worth.

Silver is one of the most affordable and covenient ways to invest your cash. As with any investment, there is risk and the value of your investment will fluctuate up and down over time. I hope you are able to invest in Silver and enjoy the ride!


Street Talk

No comments present
You May Also Like
Easy Ways to Make Gold In Cataclysm
In World of Warcraft, Gold is becoming an increasingly important part of the game. The current number of subscribers is over 10 million and growing. It's becoming very competitive and difficult to make gold in cataclysm. But everyone wants to fill their bank quickly and earn gold. And to make…
By: Tim Parisi in  Gaming  >  Online Gaming   May 08, 2012  
0
  Likes: 0

Why own Gold?
There are numerous reasons for you to own gold. It provides some protection against depression and inflation. It can be seen as insurance in scary economic times. Gold is a commodity valued on a global level. It is usually in demand and has consistently held its value throughout history. A…
By: chris13 in  Investing   Oct 10, 2011  
1
  Likes: 1

How To Select The Best Place To Farm Gold In Cataclysm
Are you looking for the best place to farm gold in Cataclysm? Well, every player has their own methods to make gold and the best place for one player, might be the worst for another. Anyway, depending on certain factors, you can select the best place to farm gold in…
By: Phillip Rilen in  Gaming  >  Online Gaming   Jun 09, 2011  
0
  Likes: 0

Gold Vs Silver: Which Is The Better Investment
Should you buy gold or silver If you’d bought 1ounce of gold 10 years ago you would have paid less than $300, today's gold price is over $1600. In 2006 1ounce of silver would buy over 4 gallons of gasoline, today it will buy over 10 gallons. It seems evident…
By: Penny Black in  Investing   Apr 13, 2012  
22
  Likes: 5

The Sharp Lc40le830u - Worth Its Weight In Gold Or No
Why is the Sharp Lc40le830U 40" LED hdtv an option to be considered when you are looking for a good HDTV to either recommend or to own yourself? Maybe a friend is asking your opinion before they make a buying decision or maybe you are taking a look at buying…
By: Randy Edwards in  Computers and Technology  >  Personal Tech   Aug 31, 2011  
0
  Likes: 0

How To Farm Gold In Wow For Low Level Characters
If you have a low level character and need lots of gold to help you get the armour and weapons you need to level up, one of the tactics you want to learn is how to farm gold in WoW. This is the practice of collecting a commodity to sell…
By: Tim Parisi in  Gaming  >  Online Gaming   May 09, 2012  
0
  Likes: 1

Maximum Gold With Minimum Mining In Cataclysm
I think all knowledgeable players in the World of Warcraft MMORPG know that if you have a commodity that is in demand, but scarce at the Auction House, you have a gold mine. One of the best such commodity’s is jewels and ore from the profession Mining. This entails taking…
By: Denise Durband in  Gaming  >  Online Gaming   Jun 04, 2012  
0
  Likes: 0

So Many Gold Making Guides For Wow! Which One Do I Choose?
When I first started playing World of Warcraft some years ago one of the biggest hurdles I faced was raising enough gold to fund my journey through Azeroth. Whilst the more seasoned players made making gold look easy, I was constantly struggling to raise enough funds just to re-equip myself…
By: Ricky4 in  Gaming  >  Online Gaming   Jul 12, 2012  
1
  Likes: 1

Protect Yourself When Buying Gold
Throughout history, gold has been treasured, and as such, has always been a top choice for investing. With the value of gold as high as it is today, it is becoming more important than ever that you protect your investments and know you are actually getting what you paid for.…
By: Leon Madrid in  Investing   Apr 28, 2011  
0
  Likes: 1

Gold Panning for Fun
If you enjoy cool rocks and other minerals that are found along stream beds or even hiking trails, so many times I have picked up a rock just to study to see what it has to offer. I think of the times back when some of the first people would…
By: J.C. Higgins in  Recreation and Sports  >  Fantasy Sports   Mar 06, 2011  
0
  Likes: 0

How to Pan for Gold
I have put together a few simple steps on how to pan for gold, just to help the new guy get started. Panning for gold isn't all that hard at all, just take your time and start out slow. Here are a few simple steps to help any one get…
By: Joe2 in  Recreation and Sports   Mar 09, 2011  
0
  Likes: 0

Selling Gold for Profit
Many people think that selling gold for profit is a difficult process. I want to let you know that’s not true. There is nothing hard about selling gold, especially if you are uneducated about the process and don’t really want the best price for your gold. Yet, if you want…
By: Vickie Jimenez1 in  Finance  >  Wealth Building   Aug 19, 2011  
0
  Likes: 0

Going for Gold With Goals
Many of us have an idea of what we'd do with a successful business providing the funds necessary to have all the "toys" people buy when that level of financial freedom is reached. The ability to live that lifestyle always seems years away; after I get my degree and work…
By: CurtisJ75 in  Internet and Businesses Online  >  Internet Marketing   Jan 04, 2012  
0
  Likes: 0

5 Tips For Storing Gold At Home
No other asset class has performed as well as gold has in this century. As a result, record numbers of people are buying gold and often storing gold at home. Now, for clarification, this article will speak of gold in a sense meaning precious metals. Whether you buy gold, silver,…
By: Roger Bond in  Investing   Jan 11, 2013  
8
  Likes: 8

In Gold We Trust
Twenty or so years from now, we may all look back and call these times 'The Gold Rush of the 21st Century'.There has never been a time in our short country's history (as compared to the history of Gold) that the greatest amount of transfer of wealth from the US…
By: Jules Marcel in  Investing   Oct 20, 2011  
0
  Likes: 0

Article Views: 4143    Report this Article