Investing in Silver Coins the Right Way
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Precious metals, such as gold, palladium, platinum and silver, have maintained their value throughout time and have been a pricey commodity amongst the human race for more than 2,500 years. The prices of precious metals can fluctuate, but they have a lot of investment benefits. This is because precious metals have the ability to retain their value even when the worth of the United States paper bill depletes.

Precious metals have the ability to keep their wealth because they are in constant demand. Precious metals are used in a wide variety of industries, such as jewelry making, coinage, electronics, medicine, dentistry, commercial chemistry, photography and more. And since they are naturally occurring elements that form deep within the earth’s surface, their supply is usually very limited.
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Growing Your Money with Precious Metals Investing
5 (100%) 3 votes

The precious metals investment outlook is looking more promising than ever, and more people are choosing precious metals as their number one investment, especially after the recent economic collapse.

For hundreds of years, precious metals like gold and silver have been collected, bartered, and sold, and through their practical uses and striking beauty, have become even more valuable as of late.

While the value and price of precious metals can vacillate, one thing is certain—these coveted limited resources will always be valuable, and over time, will become more valuable as the supply decreases and the demand remains static or stays on the rise as it has been doing for several years. Continue reading


Make An Informed Precious Metals Investment
5 (100%) 1 vote

Historically, precious metals have maintained their worth through even the heaviest economic storms. For centuries people have trusted in precious metals as a reliable means of exchange. Because people so put much faith in precious metals, they have become an incredibly safe investment. Like stocks, it is possible to buy them low and sell high for profit, but the difference is that their tangibility and intrinsic value ensure that they will never be without value.

Even when the price of precious metals does drop, knowledgeable investors know that they do not need to panic. Precious metals can be volatile on the short-term but they consistently rise back to where they started, and eventually beyond. If you monitor the price charts of precious metals on the long-term, you will see that there is steady growth. As long as you do not invest more money than you can afford to lose on the short-term, you can enjoy significant rewards when the price eventually recovers.

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Why Budgeting is Essential to Success
5 (100%) 6 votes

Money is a huge stressor in most people’s lives, but it doesn’t have to be. Creating and sticking to a budget can help alleviate the money-related stress in your life and let you start focusing on more important things.

We optimize what we track

It’s well known in business that we optimize what we measure. If your boss tracks your arrival time at work, you’ll likely become very punctual. This also holds true in our personal life. People who track their weight or keep a food journal have a greater tendency to lose weight or eat healthier. This holds true of budgeting too, as you become more aware and realize the importance of knowing what your spending habits are.

Seeing is believing

Sometimes it’s hard to understand where your money goes. Setting up a budget might reveal just how much your car is costing you a year, when you factor in insurance, maintenance, registration, and fuel.

Allows you to prioritize

One of the easiest ways to understand where your money goes is to figure out what percent of your budget is taken by each expense. If something you don’t really get much value from is taking up 15% of your income, you’ll probably want to make some changes. Although a lot of expenditures are fixed necessities, you’ll see if your spending aligns with the life you want.

Strategically cut costs

Once you see what items are taking your money, it becomes much easier to decide where to start reducing those expenses, whether by finding cheaper alternatives or reducing or eliminating their usage.

Controls impulses

Planning ahead is the best way to control our impulse purchasing, whether in a budget or in a grocery list. Creating a detailed budget will help keep you from impulse purchases that seem fine in the moment but really don’t bring you the return of so many other expenditures.

Avoid lifestyle inflation

One of the easiest ways to never save money is to start spending more money as soon as your income increases. This is incredibly common and referred to as lifestyle inflation. As soon as you get a raise, you buy a new car, and while you have a new car, your financial flexibility is no greater than it was before your raise.

Gives you control

What creating a budget does is help you control your spending and your life. When you get your spending under control, you can stop stressing about money and realize how much freedom you have in how you spend your money and how you make it. As you get out of debt and start saving, you’ll start to build a cushion that will let you take bigger risks, whether in investments, starting your own business, or even just being bolder at the job you already have.

 

Author Bio

Jared Jacobs has professional and personal interests in technology. As an employee of Dell, he has to stay up to date on the latest innovations in large enterprise solutions and consumer electronics buying trends. Personally, he loves making additions to his media rooms and experimenting with surround sound equipment. He’s also a big Rockets and Texans fan.

 


Precious Metals Buying Can Be a Lot of Fun
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Picture a place where you can store your treasures. Whether it is a safe hidden discreetly in your home or a safety deposit box bolted behind heavy steel doors, it is likely that the contents would be a mixture of sentimental and practical. We lock up our precious goods because we want them to be safe from harm or theft, and that makes sense. However, it does show that we have a bit of fear associated with the ownership of valuable items.

This is actually one of the reasons that people don’t even consider precious metals buying. Though this is among the smartest of all investment moves, the fear of owning something like a small amount of pure gold or platinum is just a bit overwhelming to a lot of first time buyers. However, it is of the utmost importance to realize the incredible value of precious metals buying. Continue reading


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As the end of the year approaches, many investors are trying to decide what they will focus on as their big investments in 2014. Should they use their end of the year profits to double down on their current investments, or should they try something new? Anyone who is looking at precious metals, either as a returning investor or a newcomer to the market, should carefully consider the precious metals investment outlook before making their decision in how to use precious metals in their portfolio in the coming year.

How Precious Metals are Different
It can be difficult for even experts to predict the precious metals investment outlook. This is because both investment factors and supply and demand factors tend to work a little differently for precious metals than for other commodities on the market. For one thing, while most commodities see less investment during an economic downturn, precious metals, especially gold, usually see more. People see precious metals as a secure way to store their wealth, since they don’t devalue to the extent that fiat money can. Therefore, when they become concerned about their finances, they tend to invest in precious metals, which drive prices up even in the middle of plummeting prices in the rest of the marketplace.

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Precioius Metals Investments Protect Against Interest Tapering
5 (100%) 2 votes

As a short-term stopgap to help dig the United States out of a disastrous economic situation over the past few years, the federal government has initiated artificially low interest rates and an inflation of the country’s money supply. These measures, it is known, are only temporary and must be counteracted at some point to continue the nation’s economic recovery.

Congress is attempting to come to a decision as to when interest rate and money supply tapering will commence. For the short term, this will mean that interest rates on loans will increase. Getting approval for loans will become more difficult, and some inflation in the prices of goods and services will increase. These are the growing pains associated with getting out of a recession and reestablishing economic growth, but what does it all mean for investors? Continue reading


What to Know in Order to Understand the Precious Metals Investment Outlook
5 (100%) 2 votes

Many people are turning to precious metals as a way to diversify and stabilize their portfolios. Throughout history dating back to even before the existence of the Roman Empire, people considered precious metals to be the best way to not only display wealth but to store it as well. That is why the various precious metals have a long history of use for jewelry, currency and bartering. Today, many experts consider this one of the best ways to have an investment last for years or even generations. Here is everything a person needs to know in order to understand the precious metals investment outlook. Continue reading


Catch Up on the Benefits and Drawbacks of Precioius Metals Investing
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Have you given much thought to precious metals investing lately? If you’ve been following the saga of metals as an investment, then you know the last few years have been quite interesting. For those who don’t know, it doesn’t take too long to catch up. Metals such as gold and silver started to see a fast rise in value starting around 2008. Of course, this coincided with the economic crashes all around the world. People know that metals are actual tangible commodities, and they know that metals can retain wealth, and even rise in value, during uncertain economic times. Thus, precious metals investing became popular very quickly when the economies failed.

This sent the prices soaring in subsequent years. People who had invested heavily early were making a nice return. Gold and silver hit records and it seemed as though metals were a sure winner. People liked the metals because they were going up in value, and some investors never looked beyond this at the other benefits precious metals investing could confer to their portfolio. In early 2013, those investors received a bit of a shock.

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Buying Precioius Metals Helps Diversify Your Portfolio
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Investors are always interested in improving their results. Many experts agree that it’s important to diversify your investment portfolio. Diversification is a way to improve the outcome by balancing the types of investments to allow for some highs and lows. While some types of investments have gone down, such as real estate, precious metals have generally been increasing in value. By buying precious metals, investors can add some diversity to their portfolios and improve the potential profit. As a casual investor, you may not have considered buying precious metals as a way to improve your portfolio, yet investing in gold, silver, platinum, or palladium, is most likely going to help improve overall performance.

Buying Precious Metals
Precious metals are part of the global commodities market, traded globally. Prices are determined mostly by supply and demand, much as other commodities. Spot price gives investors a snapshot of the current price of precious metals. This alone won’t give you the whole picture. In addition to checking the spot price, you’ll also want to look at the recent price trends for the past 6 – 12 months. This will provide you with a much better idea about where the prices are headed. When buying precious metals, you’ll find that the daily prices may rise and fall slightly; however, in general, the prices are trending upward.
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With the economy already in a tough spot, no one who has the resources to invest should let their money simply sit in a bank. Anyone who wants to be prosperous needs to put their money to work for them. The reason that many people hesitate is due to uncertainty about how to invest. The 2008 stock market crash damaged public trust of that system, and even though it is getting back on its feet, many are still wary of putting too much of their wealth into something that can lose all of its value in an instant. This is why many experts advise turning to precious metals buying as a way to get started or to diversify an already existing portfolio.

Safety in Objects
Why is precious metals buying so advantageous? Well, many of the woes of the current economy can be pinned on buying and selling things that have no value except that which is assigned to them by society. Whether it’s shares in a currently prosperous company or paper money that isn’t held to a gold standard, these assets are only assets as long as everything is running smoothly. When the stock market crashed, many investors lost everything, and any traveler or global trader knows how much the value the dollar has lost in comparison to other important currencies around the world. Such concerns are why advisors will generally urge their clients to invest at least some of their capital in physical goods.
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Investing in Precious Metals Is the Smart Decision
5 (100%) 4 votes

If you have been paying attention to current financial news, then you know that investing in precious metals could be the best way to secure your assets for the future. However, if you are still unsure if it is the best decision for your own portfolio, then you certainly do need to learn more about it. With just a few details, you can quickly see how gold, silver, platinum, and palladium offer the best options for anyone who wants financial stability, especially in their retirement years. Continue reading