In the previous publication why people are crazy about buying the junk silver these days. For more details read the quoted post.

Today we would like to share with you more tips about the purchase of circulated silver coin rolls, junk silver bags and how to buy junk silver properly.

First of all you can get a lot of help from this any silver calculator (plenty of them in the net) that simply counts the value of the coin, based on the current price on silver. This is a very useful tool for your junk silver purchases.

eBay is much better for the purchases of jun silver. Other places, such as coin and bullion dealers, tack on fairly large premiums ($2.00 or so per oz.), have very big minimum purchase lots  and don’t provide online purchases. If your looking at 10s of $ per purchase like me, instead of high 100s or 1000s, EBay is the place to go.

On eBay better deals are found in off hours. With judicious buying it is possible to keep my purchases right around spot price, even after shipping.

For more tips about junk silver track this blog.

Today the economic situation has made the traditional investment opportunities (like real estate, government bonds, etc.) really unsafe.

That is why lots of people started to save their paper money from inflation with the help of silver bullion bars, circulated silver coins and dollars, silver rounds, etc.

Scale of Risks for
Different Types of Silver Bullion Investments

When you are thinking about different options of investing into silver – you should take into account the possible pros and cons, because any precious metal investment that you choose has these pros and cons.

Usually, when evaluating the pros and cons with silver investments, you should take care of 2 factors:

- storage

- amount of money

Storage is an obvious factor. It is quite risky to store big amounts of silver bullion bars anywhere, for really obvious reasons. The same can be said about silver bullion coins, privately minted silver rounds or any other silver that comes in the form of a physical object that you do not store at bank.

So, this is risky, BUT at the same moment this is something valuable IN YOUR HANDS. Not somewhere at bank, or in some virtual investment plan. And in case of big economic crisis the banks will not gonna give real backup to all that virtual “silver backed” accounts, funds, investment schemes.

Amount of money is also an important factor. If you can invest a lot – then you can afford silver mutual funds, or futures or options. This will allow generating nice profits, and many people do that. So, if you have enough in your pocket – you can try this.

But this is already trading, precious metal trading, and this is a very specific type of investment. Where big profits can go together with huge losses.

AND – this is a virtual value. Because, once again, during the times of big crisis no one is going to give you real basket of silver rounds for your option or future contract.

So, if you are short of money and/or want a tangible value (not some virtual account) – go for silver rounds, silver buillion bars or silver coins.

How and Where to Get Silver Bullion At the Best Price:
Guide to Choosing Reputable Dealer.

To buy silver bullion you need to go to the bullion dealers. The biggest problem is that many dealers show a huge list of bullion products, but they have only few from them available. For example, bullion investors almost wiped out the niche of junk silver coins and many dealers will put you on a waiting list if you try to get one.

So, one of the first things that you should sort out with the dealers is – do they have a specific bullion product available, right here – right now. You should expect 24-48 hours delivery from a good bullion dealer.

Another thing to take into the account is the security of the payments. Choose only secure payment methods like PayPal or bankwire (directly to the bank account). Never use fancy electronic payment system where the real identity of the account owner is not checked. For example, in egold.com they do not check the ID of account holders, due to this many scammers open these accounts, get the money, disappear with the money and no one will ever catch them.

So, use only top trusted payment systems like PayPal or direct bank wire to the bank account of the bullion dealer.

Ask for discounts – specific discount. Dealers are ready to give them. And I do not mean a simple discount of “buy more, get average price lowered” – this works with almost all dealers. I mean search for specific discounts. Like discounts when you use eCheck (it is an option with PayPal, and under the control of PayPal). Sometimes you need to ask a question – do that! This is about your money.

Every experienced investor will tell you that usually you are:

• either doing high yield high risk
• or low yield low risk

That is why if you are searching the net for high yield low risk investments – you are doing something wrong, you are basically wrong about the matter of investments. Let’s take Forex for example – you can make huge profits during a day, sometimes that can be over 100% or even 200% – when there is a huge trend change on the currency market even bigger profit % is possible. But at the same moment that can be 100%, 200% and bigger losses, if the trend goes against you.

On the other hand, you can invest money into precious metals – like gold – and see how it slowly grows in the society of global inflation. The profit growth will not be tremendous, but quite stable and predictable.

In my personal opinion and in the experience of many people those who are promising "high yield low risk" profits are manipulating naive investors and leave them ripped off.

In case you see the investment company doing that, at least check if they have investment license issued by the special governmental agency in the country of its residense. If they have this license, then – at least – you have a chance to see someone at court.

The aswer to the question where you will invest starts about researching the various types of investments, determining risk tolerance, investment style, financial goals.

Learning the basics of stock market takes time. But this is an important investment of time. And with access to the Internet, you can even play yourself.

As a potential investor - read anything you can about investing, but surely you need to start from the investment basics.

As one of the best advice is to speak with a financial planner. This is a person who – after hearing your financial goals and other details – can shortcut you to the necessary type of investment.

Before you jump into investments – find out more about investing and how it all works from inside and determine what your goals are.

It is really important to know what is the purpose of your investments: funding a college education, Buying a home, Retiring, etc.

From this purpose you will build your whole investment behavior!

One of the typical mistakes in investing is to invest for the purpose of becoming rich overnight. Whereas this is possible, but one should understand that this is rare. A much safer and realistic strategy is to invest your money so that it grows slowly.

Also consider talking to a financial planner before starting to invest. This financial planner helps to determine what exactly type of investments you should make to reach the financial goals.

And be always prepared that investing needs a lot more than calling a broker. This is about research and knowledge and will and persistance.

Basically we can say that surely you don’t need to invest in risky stocks or ventures. Instead choose safe options that show a decent return over a long period of time.

Bonds

You have plenty of different types of bonds to purchase. Bond’s are like Certificates of Deposit but issued by the Government. With bonds your initial investment may double over a specific period of time.

Mutual Funds

A group of investors put their money together to buy stocks, bonds, or other investments. The decisions about investments are chosen by a fund manager. Find a reputable, qualified broker who handles mutual funds and you will get your money invested, along with other client’s money. But remember that mutual funds are riskier than bonds.

Stocks

This is another tool for long term investments. Shares of stocks in simple words are shares of ownership in the company you are investing in. Stocks are even riskier than mutual funds. But there is an option of being more safe with stocks that is to invest money into well reputable big companies.

Conservative investors aim to maintain initial investment. When they invest $5,000  – they want to be sure that they will get their initial $5000 back. For this reason they usually invest in common stocks and bonds and short term money market accounts.

A moderate investor usually behaves like a conservative investor, but use a portion of their investment funds for higher risk investments. Moderate investors put 50% of their funds in safe or conservative investments, and invest the remainder in riskier investments.

An aggressive investor takes the risks – this means investing higher amounts of money in riskier ventures in the hopes of achieving larger returns. Aggressive investors often have their investment funds in the stock market.

But you understand that investments and investing is a very attractive field not only for petty scammers, but also for big institutional companies which can hide traps behind a nicely looking contract. Need an example? Well, among the most recent and notorious is the US real estate bubble and all investment fuss when big companies have manipulated (surely within the framework of legislation) with the credit rates, reporting and other elements and all ended up in final investors to lose the money and, most likely, to lose any chance to find the truth in the courts.

Ok, what typical investment mistakes people do and how to avoid them.

The biggest investing mistake that you could ever make is to not invest at all, or to put off investing until later. Surely the first part of your post might have killed the eagerness to invest money – but we must differentiate between smart and stupid investments. Making your money work for you is a great idea, even if it all starts from $100 a month. By the way, $100 a month payment plan for a period of 20 years can end up in a very serious portion of money with premiums, if invested into reputable investment company with viable investment instruments.

Another mistake is to start investing before you are in the financial position to do so. Be realistic – get your current financial situation in order first, and then start making investments. When talking about current financial situation this is about credit cleaned up, high interest loans paid off and credit cards as well, and having at least three months of living expenses in savings.

Never invest to get rich quickly. This attitude kills the whole idea of the investment. Those who want to get rich quickly should buy lottery tickets. Investment is about patience, playing by the rules, being focused on long term. Only invest for the short term when you know you will need the money in a short amount of time. And in this case better stick to the truly safe investments, such as, for example, certificates of deposit.

Diversify your investments. Or as the old proverb says, "Don’t put all of your eggs into one basket." Even reputable investment institutions who have in a way secured your investments, still can get in troubles and will need some time to solve these problems. When your investments are diversified – the chances for everything to go down the drain become smaller.

And one more typical mistake – investments in collectibles will really pay off. If you are not buying Picasso or Dali, the value of your collection can be at great question at the moments of financial crisis. And we are very likely to have entered one. Do you think someone will be driving crazy about purchasing your bottle corks collection when the prices for fuel jump rocket high and insurance companies are in panic? If that are gold bars – this is another story.

The ultimate advice – though investment is a sphere of professionals and you should always resort to their help – be wise yourself. The best investment consultant will not feel sad for a split of a second if case YOU lose money. That is why combine their professional expertise and advice with your own brain – always think it over in simple terms and then make a decision. A perfect example is the phrase that cheated lots of investors "The real estate will always increase in price" Who told that? No matter who did that is now saying "Sorry, it was bad assumption." If at that moment the potential investor would asked himself or herself "Why the heck should this real estate always get higher in price?" – many people wouldn’t be sitting without money now.

Brokers work for brokerage houses, and these houses gave brokers a permission to buy and sell stock on the stock exchange or the market where they work. On some markets you cannot work without a broker, or you have to become a broker yourself.

Professional stockbrokers have to pass two different tests in order to obtain their license. As these tests are not peanuts, most of the brokers have a background in business or finance, with a Bachelors or Masters Degree.

Make sure that you don’t mix up a broker and an analyst. An analyst analyzes the market, and a stock broker is only there to follow your instructions to either buy or sell stock.

Usually brokers earn money from commissions on sales. Many brokers charge a flat ‘per transaction’ fee.

There are two types of brokers: Full service brokers and discount brokers.

Full service brokers as a rule offer more types of investments and may provide you with investment advice.

Discount brokers do not offer any advice and give no research, they just do what they are told.

Now you understand that you need to know what type of broker you need and why.

For investing newbies it is absolutely important to go with a full service broker to make sure that you are making wise investments.But the broker must provide you with the proofs of brokers license that you can check with the brokerage company. Also check the trade history of the broker to see the level of professonalism and success. And the best form would be to pay broker money from wins only – no other money. This is not easy to negotiate, but trying has never made people hurt.

Why?

Perhaps they have not read this post, otherwise they would be totally convinced!

In practise diversification of your investments even can go within one niche. For example, you can purchase various stocks in many different industries. It may include purchasing bonds, investing in money market accounts, or even in some real property. But the more this "distance"  between the spheres is – the better for the diversification.

Investors who have diversified portfolios usually see more consistent and stable returns on their investments. This is a serious thing to consider and researches prove that.

A good example of typical diversification is about having money invested into stocks, bonds, real property, and cash. Surely it is not easy and takes much time and effort to diversify your portfolio. But this is worth the efforts.

Experts also suggest that you spread your investment money evenly among your investments. In other words, if you start with $100,000 to invest, invest $25,000 in stocks, $25,000 in real property, $25,000 in bonds, and put $25,000 in an interest bearing savings account.