We are all caught up in a global pandemic – and very few of us can only escape the feeling of uncertainty that clouds over us. During this time, the best bet for us is an investment. Investment in shares, bonds, and jewelry can reap sweet long-term benefits for your financial future. However, the problem is that not all of us have enough finances in the first place to invest in something as expensive as gold. If you are nodding your head to this statement – we have a great solution for you. Invest in silver! Read on to find out why during these critical times (and after these crucial days too) you should consider silver as an investment in 2020.
Silver is a real asset!
You cannot create silver out of thin air. And think of it, silver is still used to make currencies in many countries around the world. It’s real money! Silver is a physical asset, which means that it is not easily depreciated like paper bonds. Silver has been used to create coinage for centuries, and you can hold onto it for however long you wish!
Silver is a tangible asset
When you hold physical silver – in the form of coins or jewelry – it becomes a tangible asset. Physical silver is immune to cyber-hacking or cybercrime, unlike say, bitcoin crypto-currency. Moreover, silver as an investment is a safe, confidential, and private thing – you can be sure that the silver coins or jewelry you have invested in is safe in your hands. So, when you indulge in silver investment in 2020, you know that your efforts won’t go wasted, and returns are guaranteed.
Silver as investment is affordable
When it comes to choosing between gold investment and silver investment – go for the latter. At present, silver is 1/100th the price of gold – which means that it’s an affordable investment. While a gold investment might seem lucrative on paper – the truth is that if you are looking to invest in metal without drilling a hole in your wallet, silver is your best bet.
Agreed, when you compare the returns on gold investment against the ones on silver investment in 2020, the former appears to be a better option. But if you can grasp the fact that a silver investment gives a return of a higher proportion owing to the frequent fluctuations in the price of silver – you’ll definitely choose silver.
Modern life cannot function without silver
Gold is shiny, and people wear it as jewelry on their lives’ most important days. So, it made sense that everyone invested in gold for centuries. But now, we step into the 21st century- a time of practical ideas, scientific developments, and technological advances has surfaced. And here’s the fact – modern life cannot function without enough silver. Doesn’t that itself make you eager to look at silver as an investment now? Here’s some simple math: In cellphones, in the ultra-thin layers of windshields, and in the photovoltaic cells in the solar panels – the most common commodity in use is Silver.
In technology, in automation, and in solar energy – silver is a crucial element. Also, silver refining and recycling is a costly process. So, on one hand, the demand for silver is on the rise. On the other hand, the supply of silver is limited. If there was ever the best time for silver investment in 2020 – it’s today. If you invest in silver now, you know you’ll gain fat returns. Combined with the points made above, simply imagine what a rich investment option silver will make!
Silver is durable (so is your silver investment)
It is common known that most metals in the world are highly durable. And so is silver. So, imagine investing in a metal that modern life can’t function without, and imagine that it is a metal that is durable enough to last a lifetime! Silver is an underrated investment option that deserves the world’s attention now. Not only is silver durable, but it is stylish and fashionable too! It has this evergreen charm about it. So, silver is a durable metal that you can preserve as an heirloom and pass onto future generations. These generations, in turn, can either hold onto the physical silver until the time is right to sell it off and gain profit or they can treasure it for themselves and pass it down further.
In any case, silver as an investment is bound to give great returns. As a financial investment, it will give you the right amount of money in the future. As a cultural investment, it will help you pass down the legacy in the form of durable metal. An investment in silver is both a logical and beautiful decision at the same time.
If you are looking to invest in something for a ‘rainy day’, silver is the right choice. Silver is a real, physical, tangible, affordable, durable asset and the modern world is in need of silver more now than ever before. Silver is also easy to maintain – you can clean your silver coins or jewelry in just 5-10 minutes from the comfort of your home. The bottom line is – silver as an investment is an easy, safe, and highly profitable choice to make. All you have to do is take the first step.