Investing in Gold and Silver Bars
For beginning investors looking for an easy way to get started in the precious metals market, gold and silver bars offer a simple solution.
Advantages
They normally contain a minimum of 99.
5% fine gold.
Most gold dealers will typically carry the more common gold bar manufactures to avoid things like fraud.
Interesting Facts on Silver Bars There are dozens of accredited silver bar manufactures and brands in different countries.
Just like silver coins, they are somewhat easy to find and collect due to their 1 ounce denominations and lower spot price.
Most common are the 1, 5, 10 and 100 ounce bars.
For someone just getting started, the 1, 5 and 10 ounce bars are good options to consider.
Silver is often referred to as "poor man's gold" but regardless, it remains an easy way to get started insuring your portfolio.
Where To Buy Bullion Bars? Almost any reputable coin dealer will have an inventory.
Although they are available for purchase online, I prefer to purchase them from local dealers.
Summary Investing in gold and silver bullion bars is another simple way to get started investing in the precious metals market.
Its a good idea to learn as much as you can before you go out there and invest your heard earned money.
Like any investment, take your time and conduct proper due diligence on the dealer or other source you are considering purchasing from.
Additionally, you may want to consider purchasing a safe for storage.
There are a variety of sizes and safes aren't too expensive if you are willing to do some shopping.
I would recommend checking online as well as asking your local coin dealer.
Just make sure you keep your investment secure.
Advantages
- Precious metals bars can be bought in a variety of weights and sizes, ranging from as little as one gram to 400 troy ounces.
This makes ownership achievable for various budgets. - Bullion bars are another great way to take possession of your metals holdings vs.
leaving them in a riskier Exchange Traded Fund like GLD or SLV. - Bars typically do not carry the same premium as coins, making them more affordable.
They normally contain a minimum of 99.
5% fine gold.
Most gold dealers will typically carry the more common gold bar manufactures to avoid things like fraud.
Interesting Facts on Silver Bars There are dozens of accredited silver bar manufactures and brands in different countries.
Just like silver coins, they are somewhat easy to find and collect due to their 1 ounce denominations and lower spot price.
Most common are the 1, 5, 10 and 100 ounce bars.
For someone just getting started, the 1, 5 and 10 ounce bars are good options to consider.
Silver is often referred to as "poor man's gold" but regardless, it remains an easy way to get started insuring your portfolio.
Where To Buy Bullion Bars? Almost any reputable coin dealer will have an inventory.
Although they are available for purchase online, I prefer to purchase them from local dealers.
Summary Investing in gold and silver bullion bars is another simple way to get started investing in the precious metals market.
Its a good idea to learn as much as you can before you go out there and invest your heard earned money.
Like any investment, take your time and conduct proper due diligence on the dealer or other source you are considering purchasing from.
Additionally, you may want to consider purchasing a safe for storage.
There are a variety of sizes and safes aren't too expensive if you are willing to do some shopping.
I would recommend checking online as well as asking your local coin dealer.
Just make sure you keep your investment secure.