When it comes to investment in a metal, of course, gold strikes the mind at first. But after that, silver is the most popular one! This precious metal is not just limited to jewelry but it has got industrial use too. Besides, it is used in computers and vehicles also. Although forex and equity too come with high returns, but the risk factor attached is also very high. So silver is one of the safest things to trade in with less risk and good rate of return. Plus, the most unique factor that makes it different from the others is its ‘affordability. Have a look at some factors below which make silver a ‘must-to-invest-in’ metal :
As I just mentioned above, risk factor attached with silver is lower in comparison to other trading commodities, equity and forex. If compared with ETFs and bonds, then risk in silver trading is the least! In fact, just like gold, at any point of the time it will be precious with high liquidity factor.
Possible regular investments
Just like you do in gold, very often, invest in silver too. It is as volatile as gold. Buying ‘n’ selling it at ‘right time’ can help you earn huge profits out of this ‘silver metal’. Try to make small investments at small intervals your habit. Keeping your attitude ‘bullish’ for most of the time can help you hedging yourself from untimely financial emergencies. This ‘facility’ provided by silver is missed in other investment options.
Go for physical silver
Invest in physical form of silver as it is easily available. It is better than buying in MCX as you will get to see your wealth growing in front of your eyes. Small coins, bars or simple jewellery, buy silver in such physical forms.
No big amount required
As we all know, silver is cheaper than gold. Also, you can buy it as less as you can afford to. From a little coin of mere 100 grams to big 10 kg bar, you can buy it as per your individual investment plans. The value will only grow with time. So you can buy it even with the least amount you have.
Simple to keep its price-track
If you have ever observed, you must be knowing that gold and silver prices usually go hand-in-hand. Rise in price of gold shoots up the price of silver. You need not sit and follow confusing charts and the tedious calculations. It’s simple!
Easy option for households
Not just the big traders, but it is a feasible option for households. It is rather called the ‘poor man’s gold’ as it can be owned in even a little fraction of quantity and money which they can save at regular intervals, like, monthly or half yearly. It is affordable, highly liquid and easily available. This makes it a ‘must’ and an easy option for households.
Silver, as discussed above, is undoubtedly the best thing to invest in, especially for the households. Lower risk factor and high liquidity make it a ‘must have’ in everybody’s portfolio. It is a true friend in crisis on which you can depend. So make sure you DO invest in silver for a longer term.
P.S. : At McxNiftyTips.com we believe Silver will not fall below 37000. For exact entry target and stop loss in intraday MCX Gold Silver Crude Oil Tips join now www.McxNiftyTips.com