In today’s economy, it is hard to know what to invest in. With the stock market fluctuating from one month to the next, precious metals might be a good way for you to diversify your portfolio. Let’s look at gold & silver coins and see why they are a smart investment in the future.
A Smart Investment
Inflation and recessions are key components of our fluctuating economy. Gold and Silver are smart investments due to the fact they are immune to that uncertainty. For that reason, gold and silver are considered inflation-proof! They also won’t lose their intrinsic value as they are highly prized possessions that remain in demand.
Silver is less expensive to purchase than gold. This makes it a great investment for people just starting to build their portfolios. If you are a new or small investor, the cost of silver coins such as the Silver American Eagle is more affordable. One thing to note, silver is more sensitive to economic changes than gold so keep that in mind.
Gold coins such as the Canadian Maple are a great investment for experienced investors. An important fact about gold is it comes in gradients of fineness. This is based on the amount of gold in the coin or bullion. Another thing to keep in mind is storage. You want your gold coins to be stored safely and securely.
Make Karats Jewelers your destination place for your smart investment of Gold and Silver! Our experienced and knowledgeable staff is ready to help you begin your path to a more diversified portfolio. Visit our Overland Park store today!