While many factors determine if an investment is good or bad, gold, silver and other precious metals are too volatile for most investors, particularly retirees, according to AARP. It is an emotional form of money, but it does not produce anything.
Some effective methods of investing in gold include doing so through exchange-traded-funds, closed-end funds, single stocks, gold coins and gold jewelry, reports the CNBC website. Gold is a precious metal that analysts compare against other investment options, reports the Houston Chronicle.
Investment experts recommend investing in gold through a variety of avenues, including exchange traded funds, shares of mining companies, futures contracts and derivatives contracts. Some simply purchase and store gold itself. Each of these strategies comes with unique benefits and risks that are no
While the price of silver at any given time impacts its value as an investment, silver in general has some pros relative to other investments, reports MoneyWeek. Silver is especially volatile, which means it has the potential for fast, strong returns, or fast and sharp declines.
A good investment manages risk by buying low and timing the market, states MarketWatch. A good investment is not the product, which can change with time, but the process of identifying the risk and managing it.
Silver is a better investment than gold because it is less expensive than gold, has greater production and has more earning potential, according to Ben Kramer-Miller of The Cheatsheet. Silver and gold are both smart investments because they're protected against inflation and economic disruption.
Both physical silver and shares in silver funds have positives as investments, although they are not as safe as government-backed savings vehicles, according to Investopedia. Certain factors erode the value of physical silver, but silver funds have better performance records.
Return on investment (ROI) is the most widely-used profitability ratio for determining the profitability and financial consequences of investments and financial decisions. As a cash flow statistic, return on investment compares the losses and gains associated with an investment against the costs of
Direct investing occurs when people put their money directly into investments rather than utilizing intermediaries such as stockbrokers, thus reducing the fees usually associated with these transactions, notes About.com. People may engage in direct investing in products such as stocks, bonds, mutual
Gold is a chemical element. Its symbol on the periodic table is Au, and it is classified as a transition metal. It has an atomic number of 79, which is one of the higher atomic numbers of elements that occur naturally.