Hello CD's experts,
the way Gold is boom in last couple of years. Does it good idea to buy Silver for now as a investment purpose and sell it out after couple of years to get some handsome amount of return or not?
what i am understanding is after gold most prestigious metal is Silver and looks silver is still in good price compare to hot hot gold......
your experts advice always appreciated.......
Regards........
Scotiabank charges $ 2.50 per Oz as 'bar charge' plus 0.50 per Oz commission which makes my buying cost $ 3 higher than the market value...
The worst part is that, I loose $ 3 per Oz as soon as I buy it from them, because when I sell they will give me market value.
Unless you are buying in large quantity like 400 Oz or 1000 Oz.
http://www.scotiamocatta.com/products/faq.htm#Why_bar_charge?
I found it cheaper to send money India and have someone buy it for you over there.. That's what I did for a small amount of investment in Silver.
If anyone has a better/cheaper option except for paper certificate, please do post here.
suppose invest in silver start with $5000 right now......does it possible to get good money returns after 2 to 3years about 8 to 10%??
options are either put money to invest in Mutual fund or buying gold or Silver.
any other option for short term investments - let's say for next 2 to 3 years only.....
Thanks ashedfc for valuable and expert advice....
do you think block money in silver for 2 to 3 years are ok? or we are looking for atleast 5 to 7 years from today to achieve gain.
regards
Pls check your pm
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