is silver good investment?
August 21, 2010 by
Filed under Silver Investment FAQ
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no stay away from it
no because over time it starts to look ugly, i don’t own silver jewelry…just not worth it!!… personally platnium is nice 😉
Options ok right now.
It has seen pretty large appreciation, which means it is probably at or near a peak. While precious metals have intrinsic value, unlike money, they do not significantly increase in value beyond the rate of inflation over time. Putting money in silver with the hope the price will rise and you can sell it is speculating. Picking a quality stock with the idea you will hold it for 5 to 10 years is investing.
not currently, cause the price od silver right now is actually the double of what it was last year!!!. All silver jewelry around the world are having hard time. so the rest is up to you!!
yes if you bought it about 9 months ago!
Diversification in investments is a GOOD thing. It is always good to hold precious metals. Some people are down on silver because it doesn’t do as well as gold, actually nothing can. I am holding one million Iraq Dinar and gold and stocks, ETC. All part of a diverse program to retire comfortably.
It is money, not paper or bank note. Also, gold/silver ratio is 20, it should have 150% appreciation from here.
Nope.