best way to buy silver/gold to make a return

The simplest and closest to spot method to invest for a 'return' would be ETFs or derivatives. You buy and sell any amount with a press of a button, no worry about storage, pickup, holding or authenticity (and no VAT I assume). You will get only fractionally over spot just to cover the fund overheads. Develop a system of selling x% of your holdings on bull intervals of y% and buying x% of holdings on on bear intervals of y%, so as you make money on the short term movements rather then just holding a set amount. Treat you physical silver separately as 'savings' and long term holdings. Silver is at a good level at the moment to start something like this (buying the principle) as it is near the bottom.

Something to note on ASX listed ETF is that they have much less liquidity compared to the US and European ones (specially the silver ones like ETPMAG).

BiGs
 
BiGs said:
The simplest and closest to spot method to invest for a 'return' would be ETFs or derivatives. You buy and sell any amount with a press of a button, no worry about storage, pickup, holding or authenticity (and no VAT I assume). You will get only fractionally over spot just to cover the fund overheads. Develop a system of selling x% of your holdings on bull intervals of y% and buying x% of holdings on on bear intervals of y%, so as you make money on the short term movements rather then just holding a set amount. Treat you physical silver separately as 'savings' and long term holdings. Silver is at a good level at the moment to start something like this (buying the principle) as it is near the bottom.

Something to note on ASX listed ETF is that they have much less liquidity compared to the US and European ones (specially the silver ones like ETPMAG).

BiGs

Would there be tax implications for profit/loss using derivatives?
 
swoydaz said:
BiGs said:
The simplest and closest to spot method to invest for a 'return' would be ETFs or derivatives. You buy and sell any amount with a press of a button, no worry about storage, pickup, holding or authenticity (and no VAT I assume). You will get only fractionally over spot just to cover the fund overheads. Develop a system of selling x% of your holdings on bull intervals of y% and buying x% of holdings on on bear intervals of y%, so as you make money on the short term movements rather then just holding a set amount. Treat you physical silver separately as 'savings' and long term holdings. Silver is at a good level at the moment to start something like this (buying the principle) as it is near the bottom.

Something to note on ASX listed ETF is that they have much less liquidity compared to the US and European ones (specially the silver ones like ETPMAG).

BiGs

Would there be tax implications for profit/loss using derivatives?

Of course. You are always obligated to declare capital gains/losses. But check with a local accountant. There may be allowances for personal over professional trading.
 
BiGs said:
swoydaz said:
BiGs said:
The simplest and closest to spot method to invest for a 'return' would be ETFs or derivatives. You buy and sell any amount with a press of a button, no worry about storage, pickup, holding or authenticity (and no VAT I assume). You will get only fractionally over spot just to cover the fund overheads. Develop a system of selling x% of your holdings on bull intervals of y% and buying x% of holdings on on bear intervals of y%, so as you make money on the short term movements rather then just holding a set amount. Treat you physical silver separately as 'savings' and long term holdings. Silver is at a good level at the moment to start something like this (buying the principle) as it is near the bottom.

Something to note on ASX listed ETF is that they have much less liquidity compared to the US and European ones (specially the silver ones like ETPMAG).

BiGs

Would there be tax implications for profit/loss using derivatives?

Of course. You are always obligated to declare capital gains/losses. But check with a local accountant. There may be allowances for personal over professional trading.

cheers
 
If there was a best way to make a return then everybody would use it.
If everybody would use it then there is no return.
Because a return requires others suffering a loss.
So it's like you want hot icecream. :p
 
I would say that if you have to be told how to use derivatives, you shouldn't be using derivatives.

You could lose your shirt.
 
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