Diversifying investment in Gold and Silver

 If you looking to diversify your investments into Precious metals like Gold or Silver, you have few options

  • Exchange-traded funds (ETFs) and mutual funds that track the price of gold or silver
  • Investing in mining companies
  • Buying jewelry
  • Buy and hold physical coins, rounds or bars
While buying physical gold or silver, you have few options
  • Buy and hold it in your possession either at your place or in a place like a bank locker.
  • Buy and let some custodian hold it for you. This is called vaulted gold/silver
When buying physical gold in small amounts, you pay a high premium on top of the spot price. So you end up paying much more. If you are buying huge amounts at a time, this may not be a big issue. For small investors who plan to slowly build their Gold/Silver portfolio, this is a big hurdle.

I have been using Vaulted.com and happy with the experience.

Vaulted allows you to buy Gold (Silver soon) online. You may buy for as little as $10. As per Vaulted,
  • Your purchase is allocated, which means, your holding are mapped to a real kilo bar in Royal Canadian Mint (RCM). 
  • Your investments are stored in Vault in Royal Canadian Mint.
  • The investment is insured.
  • You can request a physical delivery of your holdings. If you have kilo bars, you can request it delivered to your address. If it is less than a kilo bar, it can be converted to coins with appropriate fees and delivered.
  • Vault Plan - Monthly or Biweekly automatic investment
  • ACH or Wired transfer to fund or withdraw.
  • Need to be at least 60 days before you can withdraw, if funded through ACH
  • You may buy and sell any time during normal trading hours.
Fees:
  • 1.8% on purchase
  • 1.8% on sale
  • 0.4% annually for holding your investment in vault (taken either from cash balance or from your gold investment)
Vaulted is expected to offer Silver trading soon. Get in the waitlist now and you may be eligible to receive 1 oz silver coin and may be eligible for 1 year of free vault service.

Use my link (https://silver.vaulted.com?kid=2PYR2M) to join the Silver Waitlist.

Please refer to the official website for accurate and up to date information. The information presented here is just my understanding of the service.

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