Archive for the ‘Finance’ Category

Hard Assets Round Out Your Portfolio

Saturday, February 13th, 2010

Hard assets, like silver, gold, and coins, should be a part of every investment portfolio. Experts generally recommend that up to twenty percent of your wealth be diversified through hard assets.

Demand for precious metals like gold and silver currently outweighs production; this shortage is exactly what investors like to see. Although silver is less expensive than gold, it also means that silver is accessible to more portfolios. The price of silver should not be a daily concern for most investors, though. Silver is primarily meant to be a long term investment solution, as it not only offers balance to more volatile stocks, but also offers liquidity in emergencies.

Hard assets are low risk commodities, because their value does not correspond to the stock market. For the ultimate worrier who feels safe with an investment that he or she can literally hold onto, silver bullion and coins can be acquired and stored in a secure but accessible location.

Commodities add safety to a portfolio, and experts always conclude that diversification really does work. Diversification means having commodities, cash, bonds, and a variety of stocks. Although commodities are low risk, they do eventually yield a profitable return, unlike cash or bonds. Those who fail to include hard assets in their investment profile are not prepared for a stock market meltdown.

Silver has two distinctive features: It has industrial purpose and currency potential. So when the stock market is up and silver is bought for industrial use, silver swings up in value. On the other hand, when people are concerned about the value of paper money, silver still swings up in value as investors rush to silver as a safe haven. This makes silver a win-win investment.

 

Best Places to Buy U.S. Silver Coins

Thursday, January 28th, 2010

Buying U.S. silver coins is a great way to start an interesting hobby and to save up on an investment for the future. Because US silver coins are made largely of a precious metal, their value isn’t likely to fall anytime soon, so you’ll be able to count on this investment no matter what the rest of the market looks like. In fact, more often than not, when the rest of the market is doing poorly, the price of precious metals is skyrocketing, which makes them an even better investment. Finding U.S. silver coins isn’t even that difficult, although the value of the coins that you find will depend on what type of coins you find, how old they are, and how rare they are.

One of the best places to buy U.S. silver coins is online. Many large coin dealers and precious metals retailers sell common silver coins by the bag. Don’t be thrown off by the word “common.” All that means is that these coins are valuable for their meltdown value but not for any historical value that they have. You can also, though, buy rare silver coins from these dealers. These coins are not only valuable because they’re made of silver, but they’re also valuable because they have historical significance or are rare and beautiful pieces of work.

Even though it might be more convenient to buy silver coins off the Internet, you can also get them in person. This might be a little more comforting if you’re new to the coin buying world since you’ll actually get to see your purchase before making it. You can buy coins from coin dealers. There are probably some small dealers in your area, and you can also look up major coin dealer conferences, where there will be hundreds of dealers set up in booths.

Besides all these ideas, you can get silver coins sometimes at random places like flea markets and pawn shops. This approach might take a little more work, but if you enjoy looking around places like these, this might be a fun approach for you. Before you go, though, you should know what you’re looking for because chances are likely that sellers are either not going to know what they have or are going to try to overprice their wares. Arm yourself first with a knowledge of what types of coins are really made of almost pure silver and which historical coins are most valuable.