Your Questions About Invest In Gold Or Silver

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Joseph asks…

What to invest in; Gold, Platinum, Palladium, Silver?

What to invest in; Gold, Platinum, Palladium, Silver? Maybe Oil ETFs?

20-50 000 € for 5-15 years…

Appreciate answers 🙂

Justin answers:

Palladium. I believe there is a genuine over demand against supply.

Robert asks…

How do you diversify your portfolio?

what diffrent things can you add into your portfolio? is it good to add physical commodities in your portfolio like gold/ silver bars and other precious metals? and how do you make a portfolio?

Justin answers:

The simplest way to diversify an investment portfolio is by focusing on more than one security and in more than one sector. An energy trader, for example, might do better by placing some funds into technology, perhaps pharmaceuticals and any number of alternative investment areas…including precious metals, of course. The main thing is to avoid focusing all your assets on one holding or even one sector.

It can be good to hold at least some gold and silver. And something most people don’t think of as smart investing is to rid yourself of all debt—even including that ever present mortgage! This includes auto loans and any credit card obligations and student loans. Interestingly, the place to invest first and foremost is in our own solvency because to permit debt is to live indebtedly, meaning there’s going to be guilt every time we spend on something frivolous whether it’s a gift to the lady in your life or a trinket for the kiddo.

Probably the smartest way to make a portfolio is to develop it as you and your financial estate grow. You will learn a lot just by taking control of your estate and you’ll make changes as you learn more and more. It’s by learning how to self manage that we prosper.

Len

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