Saxon79

Very good point. I am going to buy Silver of here because the premiums plus vat make it a non starter for buying from dealers.

Sovereigns and 1/2 oz for me until I can buy 1 oz without having to save up for a while.

@MrStacker thanks for the advice. Definitely a great forum with friendly people offering sound advice.

@JohnA1 It is a long term plan i have including leaving some to my Children. I have been purchasing with spare money so it's not anything I will miss so leaving it for 10 years + will be no bother for me. I will definitely be buying some Sovereigns and 1/4oz Britannias. At some point in next 18 months I will probably splash out on a 1oz gold Britannia, especially if I land a new role at work that I've applied for.

My idea behind buying some Silver was to hold it at least 10 years.

I was leaning towards buying Gold and just leaving Silver unless I came across some great deals. I have bought some Gold already but I will definitely be buying some Sovereigns. In terms of exit strategy I would sell private or to dealer. I will always be looking for low premium. My purchases so far have been online from Gold.co.uk

Budget wise I don't have a set budget but have just been using whatever I have spare that I can comfortably afford. My plan was to hold it for 10+ years as a hedge against inflation.

@Silverlocks thanks for the advice I will take it all on-board.

I've bought some Silver and Gold but I'm thinking that Silver due to the premium and VAT may not be a great investment. Gold I'm sure is but I'm not so sure about Silver. Fortunately I've not spent a fortune.

If you had never stacked precious metals before would you begin to stack Silver in 2024? If not why not and what would you invest your money in?

Hello, glad I found this forum

Hello I am new to stacking and have purchased a few ounces of silver mainly coins and some gold. Hoping to find great advice on here from Veteran stackers. Reasons I'm stacking 1) Long Term for addition to pension. 2) If needed to barter at some point in time. 3) To leave to my children. I will probably be asking loads of questions over next few weeks and months.