Hi All

[anotherblowngasket]

Morning All,

Ive been interested in investing in physical bullion for a while especially with the economy the way it is and im finally taking the plunge.

Looking forward to being part of this community and any advice anyone can offer to a complete newby would be greatly appreciated!

 

Cheers

David

[HelpingHands]

Hello and welcome!!

[Cully]

Welcome to the Silver forum. 

[Paul]

23 minutes ago, anotherblowngasket said:

Morning All,

Ive been interested in investing in physical bullion for a while especially with the economy the way it is and im finally taking the plunge.

Looking forward to being part of this community and any advice anyone can offer to a complete newby would be greatly appreciated!

Cheers

David

Welcome David - if you are looking totally new to things, just have a good browse of the various sub forums here, any query you may have has probaly been asked in the past.

Follow your nose or read the threads subjects that sound interesting.  Lots of good info on here. happy stacking

[Gilver]

Hi and welcome.

[Agpanda]

Hi David, welcome to the forum

[Silvergun]

Hello and welcome

[Shinus73]

Welcome, have fun.

[Pete]

Rule 1 - Limit your investment into PMs at ~15% maximum of your total investment portfolio and don't be tempted by 'sure' things unless you are in a very financially stable situation. PMs are a COMMODITY and deemed high risk or for experienced investors only prepared to loose. For many people PMs are more a hobby.

Note 1 - you can buy and sell gold within a small buy/sell spread so you will gain or loose pretty much as a percentage in line with the fluctuating spot price.

Note 2 - the gold to silver ratio is quite high indicating either gold is overpriced or silver is good value right now. Unfortunately no-one knows the right answer.

Note 3 - you don't get much in your hand buying gold compared to silver so physcologicaly gold can be a disappointment in the beginning.

Note 4 - When buying silver, do some research as prices will vary quite a lot depending on from where you buy and don't forget to include the cost of shipping which can make a big difference in calculating your real cost unless you are buying about £1000 at a time.

Note 5 - prices from USA sellers may often look cheaper ( they are if you live in the USA or Canada ) but once you add the freight, VAT and other fees be prepared for a shock.

[digitalcoinstore]

Hi and welcome to the forum 

My advice would be start with the simpler 1oz silver bullion coins and take it from there. They are not as interesting but at least the premium is limited.

[anotherblowngasket]

17 hours ago, Pete said:

Rule 1 - Limit your investment into PMs at ~15% maximum of your total investment portfolio and don't be tempted by 'sure' things unless you are in a very financially stable situation. PMs are a COMMODITY and deemed high risk or for experienced investors only prepared to loose. For many people PMs are more a hobby.

Note 1 - you can buy and sell gold within a small buy/sell spread so you will gain or loose pretty much as a percentage in line with the fluctuating spot price.

Note 2 - the gold to silver ratio is quite high indicating either gold is overpriced or silver is good value right now. Unfortunately no-one knows the right answer.

Note 3 - you don't get much in your hand buying gold compared to silver so physcologicaly gold can be a disappointment in the beginning.

Note 4 - When buying silver, do some research as prices will vary quite a lot depending on from where you buy and don't forget to include the cost of shipping which can make a big difference in calculating your real cost unless you are buying about £1000 at a time.

Note 5 - prices from USA sellers may often look cheaper ( they are if you live in the USA or Canada ) but once you add the freight, VAT and other fees be prepared for a shock.

Thanks for the advice

[ChrisSilver]

Hi and welcome to the silver forum!

[KevinG]

Welcome.

[nr73]

Hi and welcome