If you want to start investing in precious metals, there is a difference between becoming a collector or an investor. While the terms can certainly overlap, there is a distinction between them and this is something that you should consider before getting started with this type of investment opportunity. It’s easy to begin your precious metal purchasing experience, when you shop online, with Cache Metals.
Becoming an Investor
Silver is a precious metal that is also worth adding to your portfolio. In recent years we have seen increasing portfolio diversification towards tangible assets such as precious metals. In fact, many portfolio managers suggest that a well diversified portfolio should contain at least 5-15% of physical precious metals. If you are new to precious metal investment opportunities, silver is one of the most affordable options available and it's easy to get started with your investment.
Buy From a Reputable Online Marketplace- Cache Metals
If you love collecting coins or simply want to make an investment in your future, gold coins are the perfect choice. They are something that you can display and enjoy throughout the years. If you are just starting out, you may not know how to get started with buying gold coins. The best way to start is to buy gold from Cache Metals, a Canadian dealer you can trust.
Gold Bullion Coins
Investment opportunities for all types of precious metals have never been so widespread and easy to access. There are bright features ahead for both silver and gold bullion, and these metals can often offer the best return on your investment. Here are some options for investing in precious metals:
Equity Funds and Mining Stocks
Gold is an investment in your future so it's vitally important to choose your dealer wisely. Before buying or selling any gold with a company, do your research first. With the right gold dealer, you'll be able to build up a long-lasting relationship that can lead to financial freedom down the road.
Research Your Gold Dealer
If you have some silver or gold coins on your hands and want to make some money by selling them, you'll want to find a dealer that will give you the best value for the money. It's always best to investigate a dealer before working with him to make sure that he has a solid reputation in the industry. As well, before selling your coins, get more information about their value. The price of coins is much different than the value of coins. The price is what you would expect to pay when purchasing the coins from a dealer while the value is the amount you'd receive when selling them.
Cache Metals, 2015 Canadian Bullion Dealer of the Year, has been nominated again for 2016 Canadian Bullion Dealer of the Year award by Bullion.Directory.
As the economy goes through its ups and downs, more and more people are investing in gold to add to their investment portfolios. Gold has always been a stabilizing investment and any investor should have gold as a part of a diversified portfolio. Unfortunately, there are also thieves out there that are running scam operations online. In order to make sure that your money isn't lost to a scam artist that is operating on the Internet, you'll need to do some research before laying out any money.
Look for a Physical Address and a Phone Number
If you haven't taken the opportunity to buy gold online yet, you'll need to know how pricing works. Buying gold on the Internet gives you the chance to get–the-spot pricing that's based on commodity markets globally.
When you look at the price of gold online it will be based on a spot price, which is the real time cost of gold in the markets. The asking price of the gold will be more than the spot price because the dealer will need to make a profit. In most cases you'll be paying 2.5% to 3.5% more than the spot price when you make a purchase either online or offline.
Gold steadied on Wednesday ahead of the release of minutes of the U.S. Federal Reserve's latest policy meeting, as a firmer dollar and fresh outflows from bullion-backed funds offset support from concerns over tensions in Ukraine.
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215B Davenport Road l Toronto l Ontario l Canada
Tel: 416.916.6660 l Toll Free:1.877.916.6670 | Fax: 416.916.6702
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Cache Metals, an online gold and silver bullion dealer, services clients across Canada & the USA, including; Toronto, Vancouver, Montreal, New York, California, Georgia, New Jersey, Ohio, Tennessee, Montana, Florida, Boston, Detroit. Buy gold and silver online at wholesale prices.
