If you’re getting into precious metals investing, you may find yourself debating which metal to choose or which investment option to follow. At any rate, the option that’s best for you really just depends on your needs and preferences.
Creating a precious metals portfolio comes with a variety of options, whether you’re choosing between gold or silver, or whether you’re choosing between owning physical bullion or investing in an ETF. Investors should be aware of the pros and cons that come with each choice.
Before you get started on your precious metals portfolio, it’s important to answer some key questions. The 3 questions below will help you access the information you need to create an effective portfolio:
- What are your intentions?
- Which metals should you choose?
- How should you invest?
Your answers to these questions will help you build a precious metals portfolio that’s best for you.