Silver is a precious metal, the reserves of which are limited in the earth's crust. At the same time, the rate of its use by people is quite high; it is used in aircraft construction, military and medical industries. This allows a number of analysts to make predictions that silver is a great investment. And the low price relative to other precious metals (gold, platinum) makes it affordable enough for the broad masses of the population.
It is necessary
money
Instructions
Step 1
There are two main ways to invest in silver: physical (bullion, coins) and paper (OMC). Silver bars are sold in a number of major banks and weighs from 50 grams. To buy, you just need to come with a passport to the department that sells them. All ingots must be marked with weight, year of manufacture, serial number and fineness. The disadvantages of this form of investment include the payment of VAT upon purchase (18%) and the difficulties with organizing their storage. If you plan to invest a large enough amount of money in metal, you will have to rent a safe deposit box or arrange a safe at home. Moreover, it is a real metal with all physical properties. For example, when exposed to air, ingots may develop dark patina spots, which reduces their redemption value.
Step 2
The second type of physical metal is investment coins. They differ from memorable ones in that, if you wish, the bank undertakes to redeem them, their cost is as close as possible to the price of the metal on the stock exchange. Russian investment coins include silver St. George the Victorious and Sobol, which are offered by almost all major banks. The purchase is made out on the spot within a few minutes upon presentation of a passport. The advantages of this type of investment in silver include: no VAT on buying and selling, small size, relative ease of sale. At the same time, all the disadvantages of working with physical metal are preserved. A significant drawback is the presence of a spread - the difference between the purchase and sale prices of coins by the bank.
Step 3
The third way of investing in silver is OMC (anonymized metal account). In this case, you do not become the owner of the physical metal. By buying it at your bank's selling rate, you accumulate grams of silver in your account. If you wish, you can sell it back at the exchange rate on the day of sale. The spread in the case of compulsory medical insurance is slightly less than that of coins; VAT is also not paid. Significant disadvantages include the fact that compulsory medical insurance does not participate in the deposit insurance system. Therefore, it is better to choose banks from the top ten, otherwise in the event of a financial cataclysm, you risk being left only with a piece of paper in your hands.
Step 4
Everyone decides for himself which method of investing in silver suits him best. But it should be remembered that investing in metals is more a means of saving money than a way of increasing it. Therefore, the share of this instrument in your investment portfolio should be around 20%. Be prepared for long-term investments as in this market, both ups and downs are possible.
