Investment in Silver

[adanial]

Hi,


does anyone trade/invest in silver…???

I’m interested to find out more and how to go about investing it.

appreciate if you can give me enlightenment to this. thanks

[financial_guru]

If you have a stock broking account, you can invest using an Exchange Traded Fund.

Its listed in US, symbol is SLV.

[adanial]

hi financial guru,


can you give website that I visit and read thru…

is this like buying sliver coins and bar ? sorry I’ve no idea how shd I go about finding out more on the silver investment. thanks to share

[financial_guru]

If you have a stock broking account that has access to US stock markets, you can buy it via yr stock broking platform.

You will hold shares in this exchange-traded fund (ETF) similar to how unit trusts work.
This ETF holds only silver assets and is priced at the silver price per ounce. (~US$30+ per share)

[bigsnoopy]

er… Is it a good investment? High risk or not?

[adanial]

financial_guru:

If you have a stock broking account that has access to US stock markets, you can buy it via yr stock broking platform.

You will hold shares in this exchange-traded fund (ETF) similar to how unit trusts work.
This ETF holds only silver assets and is priced at the silver price per ounce. (~US$30+ per share)

I know that some people bought the physical silver as investment..
not to sure how good such investment is.

[financial_guru]

YKVT:

er.. Is it a good investment? High risk or not?

I consider silver ultra high risk, higher than listed securities of companies.

Recently the price per ounce dropped from US$48 to US$36 an ounce. That's a 20+% drop in a matter of days!

[financial_guru]

adanial:

I know that some people bought the physical silver as investment..
not to sure how good such investment is.

I got 2 problems buying physical precious metals.

1) Physical storage. Where are buyers going to store those precious coins or bars? They will incur additional costs if they want to rent a safe deposit box. :moneyflies:

2) Who certifies the silver or gold is authentic and of a minimum grade?

[UncleLim]

financial_guru:

YKVT:

er.. Is it a good investment? High risk or not?

I consider silver ultra high risk, higher than listed securities of companies.

Recently the price per ounce dropped from US$48 to US$36 an ounce. That's a 20+% drop in a matter of days!

I differ in opinion and experience. Of all my investments past and present, I profited the most from silver. I still believe it is a bargain now around US$40.

[lizs]

There is a Seminar coming up on 24th Sept 2011. If you are still interested, you can contact Nazmi at Hp:96994161