i just inherited about $25000. i was thinking about buying gold and silver bullion. what do you think?
Public Comments
- buy property. it allways goes up in value
- If you have not been to college, do so. If you are young and have no immediate need for the money, go to a financial advisor and ask him exactly where to invest it; you are looking for a very long term investment, which need not be too conservative. It will make a great addition to your eventual retirement. If you are older you need to be more conservative. If you are already retired you can do just about anything you care to with it.
- 1. I think the prices of precious metals have risen to fast to be a good value here. 2. I would not want to take phyical possession of the metals as storage and security is a pain. 3. consider ETF's or money market funds.
- check out investing in private mortgages. I invest with artstar management. they pay 15% annually and money is secured with real estate. check out website at www.artstarmanagement.com legit company listed with bbb. happy investing
- Gold is always a good bet in war times. However, I would not suggest buying bullion but rather invest in the stock market (There are many public gold producers) If you need more detailed help drop me a line. Stay away from Silver. Mexico is the largest producer in World of Silver and they are not exactly an industrialized country.
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