Newb Investor

[Shinylid]

I would like to start investing into metals on a short term basis. I will still be keeping a separate investment of physical during my so called shorting.

My question is what would be the best/most profitable way of going about this. My plan is to buy on lows and sell on highs. I am unsure whether I should go buy from my dealer, or if I should do some sort of online trading. My worry with physical purchases is that shipping will start to take a cut of the earnings.

I really am new to this aspect of PM investing, so any help would be great. Thanks in advance.

[Irons]

Short term buying and selling you might as well just trade paper PM's online.

[hoarder]

Physical PM investing is best suited for long term. If you want to buy the lows, remember that PM's can be hard to find in a dip, but you might still find it at Tulvings or Apmex. Likewise, physical PM can be difficult to sell in a spike.

[Shinylid]

Short term buying and selling you might as well just trade paper PM's online.


Any suggestions on sites or anything. Not even sure where to start.

[Deweydog]

Hi

Lots of good scoop here, just look around.
Looking for advice?

What peaked your interest and what are your monetary goals would be a good starting point...
Speculation? Inflation protection? Wealth preservation?
Bankroll...Thousands? Hundreds? Tens of thousands?

Whatever you do, TAKE PHYSICAL POSSESSION...you want to hold the real stuff, not a promise.

Good luck, and Happy Investing..

[Irons]

Any suggestions on sites or anything. Not even sure where to start.

I don't know either, but someone will probably read this thread and give us the info. I don't want to know where to trade paper silver, I have enough bad habits already!

[Goldhedge]

Welcome aboard!

Here's a good place to start, reading...

http://beginnersinvest.about.com/cs/newinvestors/tp/aatp110101.htm


Investing is worth learning about.

As for sites to buy PM's there are many around.
colorado gold, apmex, tulving etc.

Reason for holding long term because there is a vig you pay
that wouldn't make it profitable to flip on the lows and highs.

[Shinylid]

Really what I'm looking to do is a secondary type of investment to supplement my PM purchases. From what I've read my best bet is to buy paper then seeing as I have no interest in taking physical in, but rather just looking to make my investment power grow. I need to find some instructions and tips on best ways to go about certificate buying and selling.

[southfork]

Really what I'm looking to do is a secondary type of investment to supplement my PM purchases. From what I've read my best bet is to buy paper then seeing as I have no interest in taking physical in, but rather just looking to make my investment power grow. I need to find some instructions and tips on best ways to go about certificate buying and selling.

For in's and out's I would stick with the standard ETF's, Gold is GLD, Silver is SLV, Palladium is PALL, Platinum is PPLT