Hey Jow Forums I'm a 19 year old student that wants to have some sort of insurance in the case of a financial crash.
However because ((student)) I don't have much to invest, perhaps something like 30 GBP or so a month. Thus I can't afford gold but silver seems like something I could work with.
Not looking to buy coins, just bars.
Any advice?
>Also Silver investment thread
>2018
>gold and silver
You're beyond help
£30 a month? The only bars you will be buying are Milky bars.
You're better off selling drugs. Start with weed, dexamphetamine and mushies.
Honestly, put £30 into Chain Link, it’s your best option since it is bull running as of now and you don’t want to miss the train. Change £30 to BTC on Coinbase with your debit card and send it to you Binance account. You will get around 60 LINK if you do this today. Sell in 2021-2023 when it is $1000 and you have £60,000. Don’t forget to thank me someday user.
If you don’t believe me, just look at what happened to Ether back in 2015 to 2018.
Allahu akbar.
I think you misunderstand, I'm looking to have this as less of an investment and more so a backup for me in case something happens to the pound.
All that matters is that there is steady growth in it's value and little risk of a run on it.
Think it as banking outside the system if you will
You're worried about what happens to the pound when you have virtually no money anyway? You need to make money first, then worry about how to protect it.
> backup for me in case something happens to the pound.
I'll start buying little by little now, say something like a 1oz bar every month.
(Once I start working I'll have some proper money to invest considering I'll be working in law)
I'm more so asking for 2 things:
-What is the best dealer for Silver in the UK?
-Is Silver at risk of a crash whatsoever and will it continue to grow?
what uni?
>I'll be working in law
19 years of age, works 'in law', only has £30 a month to invest. Must be cleaning piss from police station cells?
Aberdeen
I'm still a student you mong
>I'm still a student you mong
Just interested please tell me what job 'in law' you are going for?
Solicitor, that is about £40k PA
Don't buy silver for financial crash. Only for currency issue.
You're young, you should be taking the most risk now, and maybe putting a small amount back in something safer paying dividends. In th uk I like BP as a long term investment.
I would go hard on risk assets right now, even crypto, and maybe try to call the bottom in stocks and buy heavy on the first run up.
I'm not a financial advisor, and having a stack of metals is fun until you see everybody else making it
>Solicitor
If I ever wrongfully get accused of a crime.You would be the last person I would want representing me.
Solicitors literally check documents ya mong, we don't appear in court
Thanks, I'll still put some in silver but what are you suggesting?
Shares in British Petroleum and other companies?
I'd rather not go with crypto if possible
>we don't appear in court
Okay so you live in the UK studying law and you don't know that solicitors actually do appear in court representing clients. You definitely somebody I wouldn't want working for me.
Bullionbypost.co.uk.
Pay extra for delivery don't get kiked into letting them store it for you so they can re sell without your knowledge
I could be called to appear but not usually, You're talking about a barrister m8
Looking at them right now but they're a right ripoff selling 1oz bars for £20 when the stuff's worth like £10
>You're talking about a barrister m8
I do know the difference between a barrister and a solicitor. You will rarely find a barrister representing clients in a magistrates court usually they handle cases with a public jury in crown courts. Magistrates courts however are usually filled with incompetent pseudo intellectual lawmen. Including the Magistrates. These cases are handled on both sides prosecution and defence by solicitors not barristers. Usually the most intelligent person you will ever find in a Magistrates court is the clerk of the court and sometimes there will be a single Judge and not the usual panel of uneducated Magistrates. Also if my Solicitor (not that I would ever hire one, I always self represent) started using vocabulary like 'm8' They would be fired on the spot.
I thought you meant something like a Crown Court m9
kek. No worries I'm pulling your leg anyway. But on a lighter tone I self represented a few years back (and won) the Judge handling the case told me I should have choose a career in Law. Good luck anyway.
The absolute state of R*ddit fags coming here and thinking they can get advice on business and finance. Fuck off and kill yourself OP. Then when you're done, fuck off some moar
No one is going to sell to you at the spot price. Paper silver is cheaper, but if you can't hold it, you don't own it.
Bump. Is that one site really the best us brtibonganons can do?
I am also 19 years old and I‘m ashamed of my generation because of you. Pic related its your future
silver is double bottoming right now and the next level of support is $9, a slow burning crash
I doubt you're gonna see any gains and I doubt in the event of a financial crash people will be flocking to gold/silver
he found the legal loophole, he's gonna do great
For metal you can buy sovereigns and never pay capital gains tax on them nor VAT when you purchase. But 30 GBP is only like 1 coin a year. You are better off following what was said by this user Open a degiro account maybe or somewhere else where you get dividends.
>Think it as banking outside the system if you will
Yeh that's bitcoin not metals.
You're in the UK, buy 1 oz. silver Brittanias. Don't buy bars (for your stated intentions, anyway), they're tougher to unload in an emergency because people won't trust them quite as much until they get the more harsh crisis-related education of a few months with barter-only learning experiences.
Good job at your age deciding to buy silver. Just smarter to start with Brittanias and if you want pension-type longer term investment, then go with larger bars.
>laughing at the very definition of Lindy currency
>in 2018
OP just out of interest: why the aversion to crypto? Is this a general sentiment amongst your demographic? Is the future elite of the UK not sold on crypto?
If any other 'whippersnappers' want to chime in I'd also welcome the input.
t. 36yo UK boomer £70k pa. 15k link.
>i have red talib hurr
So has everyone else on this board, unironically kys urself. Do you think Silver is Antifragile?
open a 'stocks and shares ISA' with your bank, can add upto £20k a year, you can buy shares and dividends are tax free
Stay away from metals and any paid shill/doomsday fag on here