Interested in free silver and silver investing? We have an almost guaranteed price of silver investing strategy and you can get a free ounce of silver for signing up with Bullion Vault for free below. With our proprietary Precious Metals Best Price Averaging System™ you will save yourself the headaches of trying to time the volatile silver market. I learned about dollar cost averaging from the president of a mutual fund company who wrote a book about dollar cost averaging some years ago. He showed through charts and through numerical analysis why this investment strategy always works to build wealth over time. From experience I can tell you that it does work. I can truthfully tell you that I have lost money most of the time when not dollar cost averaging, and when I was trying to make a quick buck in any financial market through trying to time the market short term. Dollar cost averaging is the best way to build wealth over time.
In order to implement our Precious Metals Best Price Averaging System™ you must be young enough to implement it effectively. It is best to be fifty years old or younger and plan on maintaining a consistent savings plan for at least twenty years. The plan is to invest the same monetary amount every month in silver using the two silver investing companies bannered at the bottom of this page. That way you are insured not to get all of your silver holdings at the highest price of silver per ounce, but over time you will average out the cost you pay as the market moves up and down and side ways. Start with the amount of money you can spare per month and only increase the monthly amount if you can afford it. But be sure and maintain the discipline of not trying to time the market, but instead investing the same monetary amount each month (learn more about dollar cost averaging here: http://beginnersinvest.about.com/cs/newinvestors/a/041901a.htm).
Investing in silver is a subject which is becoming headline news again, both for the right and the wrong reasons. In times of economic difficulty, there is always a surge in interest in precious metal investing. This is due to the way the price moves in the opposite direction from major market prices. There are also inevitably large numbers of people looking to offload their gold and silver trinkets, to raise cash to cope with the demands of the financial crisis. This opens up an opportunity for those who want to buy at a discount, but it also gives an opportunity to the unscrupulous.
The uses to which silver can be put in the real world mean that it is never likely to lose value substantially. The computers and cell phones which are so important to the modern Western economies have silver components, and silver is used in other electrical appliances as it is such a good conductor. This means that if you engage in silver investing, the downside is strictly limited. You can of course decide to assume more risk for yourself by trading in futures or options, but that is entirely up to you.
Perhaps the most difficult aspect of silver investments is the obtaining of the metal in the first place. You can always buy it at market price, and if you live in certain countries you can even buy it over the counter at a bank. If you are looking silver investing as a serious long term proposition, you would be better advised to find a way to obtain it at a discount. This is easy enough to do when you have two recommended companies (bannered below) to invest with.
Actual ownership of the metal itself is the safest form of investment from the point of view of trying to sell it in a time of great economic turmoil. If the banking system is on the verge of collapse, you may not be able to get the silver that your ETF investment entitles you to. Keeping silver in bullion stored safely offshore ensures that you will be able to use it, and trade it easily, should the need arise.
If you see silver investing as a way of profiting from the upward trend in precious metal prices, you are undoubtedly right. Silver is more volatile than gold, and because of that fact lends itself far more readily to our Precious Metals Best Price Averaging System™. But if you have money to lose then choosing to trade options, with their inherent limit as to how much money you can lose on any one trade, is a way to keep the upward potential while maintaining a certain element of safety. You can trade from your desk at home, using Internet technology to bring you the real time price of silver per ounce. Lack of information is now no barrier to anyone who is interested in silver investing.
Disclaimer: We are not nor do we claim to be registered investment advisors. You must realize that past performance is not a guarantee of future results in any kind of investment or financial account or company. Please click on the Special Disclaimer page listed on the left hand side articles menu of this web site and read it before you get your free ounce of silver or open an account with any of our featured online precious metals dealers or investment companies. Also remember to follow the laws of your country and report your accounts if you are required to, and pay all taxes on all capital gains you may someday realize from buying silver bars and selling them.