If you have looked into investing in precious metals before, you no doubt started with gold. Gold is the most recognizable of the precious metals, and it is usually where beginners begin. This is, for the most part, a smart choice, but it does not have to be the only choice. Perhaps you even looked into silver as a precious metal worth investing in. This is another smart option, especially for novice investors, as it is both readily available and a fraction of the price of gold. This makes it an ideal option for rookie investors and collectors, as the lower price reduces the risk while you get used to precious metals investing.
Over the past several years, many investors have dived into the stock market and lost large sums of money. You have no doubt seen and read about the stories and seen the rapid fluctuations in the market. This is actually a reason many people have turned to precious metals for their investments. They are tired of losing money and they recognize the potential of precious metals investing and the risk that the stock market has become. This is where precious metals like silver, gold, and platinum come into play.
Buying precious metals is a great way to grow your investment money, and precious metals values are a clear indicator of just how well metals like gold, silver, platinum, and palladium retain and even increase their value. Many people fall prey to the false belief that precious metals are volatile, and fail to ascertain the entirety of the truth. When it comes to precious metals, the opportunity to make a profit on your investment is not only comparable to that of traditional stocks, but is even more likely, though it should be added that these investments are generally profitable in the long-term, and can be subject to sharp fluctuations over short periods of time.
Unlike stocks, precious metals possess an inherent value that cannot be lost. This makes your precious metals investment even more secure, and is responsible in large part for the profitability and stability of these metals during tough economic times and the inflation of currencies.
With the current economy, it can seem overwhelming to attempt to decipher what investments will be safe. This modern world is so interconnected that events that would once have been considered distant rumors can have immediate, concrete effects on the here and now. However, this very same connectivity that increases risk also opens up a broad variety of opportunities, allowing an investor to deal in resources all around the world. How, then, can prospective investors make good choices that will bring them financial gain while also protecting themselves from events they have no control over?
Buying precious metals may be one of the clearer decisions for such an investor. The 2008 stock market crash showed that stocks in companies could lose value rapidly and with little warning. Investment has always been a balance of risk and reward, but some risks are simply not worth taking. However, buying precious metals offers a fair chance of reward with very little risk of losing the principal investment, making it an obvious first choice for many looking to start making money from an investment or to move their savings into a more tangible form.
Security through Stability
Talk to anyone who has lost money on the stock market or the real estate market and they will tell you there is definitely value in precious metals investing. After all, there is so much uncertainty and instability in the economy that people have realize traditional investment vehicles are just not worth their attention. There is too much of a chance to lose. This forces more and more investors to turn toward precious metals like gold.
That’s because gold has managed to survive the tumultuous economy and even thrive in the wake of it. Precious metals of any type have done well since the demand for them has continued to rise in the recent years. Because there is only a limited amount of gold, silver, platinum, and palladium available to be mined and the demand is continuing to rise, this pushes the value up more and more.
The Value of Gold
Rare gold and silver coins have always been highly attractive investments for in the know investors, but they have recently become increasingly desirable as prices are rising but with plenty of room left to grow. In fact, there is virtually no limit to the potential that a quality rare coin investment can offer. As the years go by, these treasures tend to become more difficult to obtain and thus more valued. There will always be avid collectors who will pay top dollar for quality coins.
There has been much concern about the purchasing power of the paper dollar as of late. Devaluation of American currency has been happening steadily and it shows no signs of slowing. As money is printed out in massive quantities it becomes less and less valuable. Rare coins, on the other hand, can never be recreated which secures their value for good. Barring some unusual and highly unlikely discovery, rare coins will only be available in very limited quantities.
Solar power is a great way for homeowners to save money on their utility bills. Consumers can easily save thousands of dollars on electricity costs every year when they install VerengoSolar panels. In addition to saving money on monthly utilities, consumers may also qualify for special rebate and incentive programs from both federal and state government. The local utility company also may offer rebates. Solar power is definitely becoming more popular. Homes with solar panels installed have an increased value over similar homes without solar power. They also are more popular among buyers, making it easier to sell homes that use solar panels.
How Solar Panels Work
Solar energy is power obtained from the sun. Solar panels are installed on the roof of the home. These panels collect the sun’s rays. The sun’s energy is then converted to electricity, which can be used to power the entire home. Residential solar systems, such as those from VerengoSolar, can also store this converted power, so it can be used later on. This means that the sun doesn’t have to be shining in order to utilize solar power. Enough sunshine reaches the earth each hour to provide power for everyone for a year. Homeowners can collect and utilize sunshine to create their own power so they can save on monthly utility bills. This savings can continue for many years. Solar panels from VerengoSolar require very little maintenance and are guaranteed for up to 30 years, with many solar components lasting much longer than that.
Silver is one of those elements surrounded by interest and intrigue. It has been the center of actual folklore and legend, used in anything from car parts to wiring. It has been used in domestic and foreign currency and trade and it has been shifted from wearable art to collection pieces. There have been many, many incarnations of silver over the years and there is no disputing that silver has stood the test of centuries as well as climate, economic, cultural barrier and it will continue to do so.
Silver is sometimes made of myth in the minds of those who have studied it for years as such but it is solid reality for those who work with it. Silver is one of the only options investors have to choose for tangible, actual, solid investment choices which can bring wealth, stability and good fortune to a portfolio, to a collector and to an investor in general. Rare silver coins offer profit as well as entertainment reward for those who choose to invest in them.
Homeowners that choose to invest in their own solar energy systems are discovering increased advantages to doing so. Verengo Solar, southern California’s leading solar integrator, offers free on-site assessment and design services to those wanting to evaluate this option. Customers that have had Verengo professionally install such systems have already generated $255 million in electricity cost savings over the life of their systems.
The photovoltaic cells that comprise solar panels are better than ever at converting sunlight to electricity. At the same time, the economies of scale reduce the costs of manufacturing these panels as consumers embrace solar technology. California is at the very epicenter of the solar energy movement in part because of a conducive climate and a progressive government.
Switching to solar energy is a very appealing idea for most homeowners, but many assume that it is not in their price range. These days, that couldn’t be further from the truth. There are numerous government incentives, companies that offer generous rebates and financing options, and many other financial benefits that make switching over to solar power quite lucrative in the wrong one. Many homeowners are discovering that they are able to comfortably switch to solar power, even on a budget.
Verengo Solar is a solar equipment company that provides services to New York, New Jersey, and California. These 3 states have extremely progressive solar energy policies, which makes them ideal for anyone who is interested in pursuing clean solar energy. Residents can enjoy astounding benefits that drastically offset the cost, and make it possible to actually earn money while saving the planet.
According to Bloomberg electric utilities in California are reporting that the continued growth of solar in California is causing electric rates to go up. In fact they assert that companies and homes that have not gone solar have meant an extra $1.3 billion has been added to their collective electric bills.
In California the grid is required to buy back surplus electricity from homes at the same price they sell their power to other customers, meaning they do not profit from this practice. Southern California Edison says the rules are very short sighted because electric rates must eventually rise to make up for the difference. As more homes and companies convert to solar energy the higher rates imposed on non-solar homes is beginning to curb investments into power utilities.
People are flocking to solar to obtain relief from high electric bills. When you decide to go with a Malibu Solar Energy Installation you have chosen to save thousands in future electric bills. It is very unlikely that the grid will ever again lower their rates. Indeed, you should prepare for higher electric bills, because the grid still uses expensive fossil fuels to produce power. Solar is the solution to this problem.
Of course, when you decide to investigate solar and all of its benefits it just makes sense to go with the best solar company. Verengo Solar has been providing solar power to California residents for over 10 years. They only use superior solar panels and they know what it takes to beat the grid and their high rates. If money is tight zero down solar panels are available, and leasing makes the whole process of going solar easy and affordable. While the gird has been raising rates, solar costs have never been as low as they are right now.
Successful long-term investments take some effort. Whether a person is buying stocks, gold, or anything else, it is so important to do some research before spending any money. This is also true when it comes to investing in solar power. Although solar panels carry considerably less risk than other investment vehicles, it is crucial that the buyer goes through a reputable company to ensure that they are paying the least to get the most.
People who live in New York, California, or New Jersey have some exceptional options when it comes to making the switch to clean solar power at home. Not only do they have the best government incentive programs in the nation, but they can also take advantage of Verengo Solar’s quality products and low prices. There is a reason why there are so many positive reviews about Verengo Solar these days, and that is due to the fact that Verengo is dedicated to providing their customers with the best photovoltaic systems for the least amount of money.