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Personal Finance and Investing

littlemissmartypants

(27,089 posts) Sat Dec 28, 2024, 06:01 PM Dec 2024

Which one is the best investment? [View all]

Gold or silver?

How should I go about buying either? Or should I avoid both?

What advice do you have from personal experience on buying precious metals?

I'm trying to find ways to protect and hopefully grow my inheritance. With the state of our country looking precarious at the moment I'm trying to conservatively think outside of the box.

I appreciate any suggestions. Thank you.

❤️pants

31 replies

= new reply since forum marked as read

Highlight:

Which one is the best investment? [View all] littlemissmartypants Dec 2024 OP

Why buy such? elleng Dec 2024 #1

Study pricing and go to a known coin/gold/silver shop. Absolutely avoid the tv ads. keithbvadu2 Dec 2024 #2

Buy gold from a reputable dealer. no_hypocrisy Dec 2024 #3

I already have a 1923 silver dollar... littlemissmartypants Dec 2024 #12

A long time ago claudette Dec 2024 #4

Interesting. Thanks. ❤️ littlemissmartypants Dec 2024 #19

My Dad had a collection of silver coins he inherited and they are not worth much kimbutgar Thursday #27

As I said claudette Thursday #29

Maintain a balanced portfolio. Gold could be a part of that. surfered Dec 2024 #5

Permanent Portfolio PRPFX Turbineguy Thursday #28

Can anyone you know recommend a financial adviser? Jim__ Dec 2024 #6

I have one. Thanks, Jim__. ❤️ littlemissmartypants Dec 2024 #13

Neither Fiendish Thingy Dec 2024 #7

Got one, thanks. ❤️ littlemissmartypants Dec 2024 #14

Stay the hell out of metals. Firestorm49 Dec 2024 #8

Thanks, Firestorm49. I appreciate your candidly direct reply. ❤️ littlemissmartypants Dec 2024 #15

The question is really about hedging the US Dollar bucolic_frolic Dec 2024 #9

Just looking at the LLY five got my attention. ... littlemissmartypants Dec 2024 #10

You know more than your think bucolic_frolic Dec 2024 #16

Thanks. I learned long ago... littlemissmartypants Dec 2024 #18

Real Estate. (No, I didn't go to Trump University) usonian Dec 2024 #11

Got some of that. ... littlemissmartypants Dec 2024 #17

That was my 14,666th post. LOL usonian Dec 2024 #20

If you must ... Bob Carlson of Retirement Watch newsletter has some IAU - iShares Gold Trust ETF, "which is often nmmi Dec 2024 #21

Gold and Silver and other precious metals are not "investments" per se, they are commodities. A HERETIC I AM Dec 2024 #22

IMHO, your safest bet right now is probably Money Market Funds bif Jan 2025 #23

Personal Finance and Investing, Bookmark. littlemissmartypants Tuesday #24

If you want to own gold or silver, buy PoindexterOglethorpe Thursday #25

Join NASA FCU and buy their CDs. Excellent rates. OLDMDDEM Thursday #26

Your relationships and dried goods LuvLoogie Thursday #30

Put in a limit buy order for Ford (F on the ticker) for 8.00 prodigitalson Thursday #31