3 Questions to Help You Build a Purposeful Precious Metals Portfolio

purpose - Purposeful Precious Metals Portfolio

There’s creating a precious metals portfolio—and then there’s creating a purposeful precious metals portfolio. If you’re interested in making investment gains, don’t just buy gold and silver and hope for the best. Rather, figure out a strategy for making profits on your precious metal investments.

To do this start with these 3 questions:

  1. Do you plan to invest long-term or short-term?
  2. Gold or Silver: Which metal will work best for your portfolio?
  3. Do you plan to use precious metals as a hedge or speculation?

Answering these three questions will help you find the purpose behind your precious metals portfolio. To learn more about how an effective portfolio depends on you, click here to read more.

Other Favorite Posts You Might Like...

Fake Silver Coins – 11 Ways to Spot Counterf... It is unfortunate that articles like this have to be written, but where there is money trading hands, there will always be fakes, frauds, and counterfeits. If you have purchased some silver and can...
Gold’s -22% YTD sentiment as poor as October... Summary: This commentary from Mark O'Byrne of GoldCore compares current sentiment in the gold market to the Fall of 2008. That year, we saw a near-complete meltdown of the U.S. financial system. Stock...
Gold Fields mines in Ghana idled by strike By BDlive Last November, Gold Fields spun off two of its mines in South Africa — Beatrix and the Kloof and Driefontein Complex into Sibanye Gold, which is separately listed on the JSE — leaving Sout...