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, wh