We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

2011 keep saving!

Options
2»

Comments

  • cos69
    cos69 Posts: 413 Forumite
    How do I invest in silver, are there shares? I don't want to buy silver coins and have them hanging around lol

    yes there are shares you can buy they are called ETFs . These exist for a great number of commodities including gold and silver and are offered by a number of companies. You trade them the same way as any other and same cost. There are many providers check out share symbols "BULL" and "SLVR" on the LSE for gold and silver for example.
    "How could I have been so mistaken as to trust the experts" - John F Kennedy 1962
  • cos69
    cos69 Posts: 413 Forumite
    edited 11 January 2011 at 3:07PM
    just checked
    SLVR trading at 34.07 / 34.16 up 2.2% on yesterdays close
    BULL trading at 18.354 / 18.382 up 1%

    However, keep in mind that the day after you buy they could just as well be down 5% - its not like savings, the price depends on all sorts of things including the exchange rate for sterling and the $
    "How could I have been so mistaken as to trust the experts" - John F Kennedy 1962
  • Find a cute ET Tom Shaped Coin Box Money Bank that can used to put silver coins, haaaa.
  • BusPass_2
    BusPass_2 Posts: 315 Forumite
    Just a word of warning for all you guys chasing the high returns.

    Some fraudster running a Ponzi scheme in the UK has just been convicted. £14 million gone and some high profile individuals taken in as well as a number of 'financial advisors'.

    If that isn't enough to have you taking care just repeat Iceland three times every morning as soon as you look in the mirror.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.8K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.4K Spending & Discounts
  • 243.7K Work, Benefits & Business
  • 598.5K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.