Make 2021 Your Year to Make Big Profits Investing in Precious Metals

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Mar 11

Why Are You Procrastinating?

You can’t hit a homerun or score a touchdown if you are sitting on the sidelines. You have to get in the game.

The same can be said for making money by investing in precious metals. You will never make money as an investor if you never stand up and get started. Also, you will never make a sizable return on your investment if you only make small investments that never take you a little bit outside your comfort level.

So at the risk of asking you a personal question in today’s blog post, may we ask . . .

What is keeping you on the sidelines?

We are not asking only because we are trying to win you over as a customer . . . although we would certainly welcome you to our family of successful clients. We are asking because we take pride in seeing our customers make a sizeable return when they invest in gold scrap, silver scrap, platinum scrap, bullion and coins, and all the other investment vehicles that are literally our “bread and butter.”

But let’s get back to the question that is the title of today’s post. If you are procrastinating about investing in precious metals, why? Let’s take a look at some of the most common reasons that keep people on the sidelines.

Reason One: “Investing is for people who have a lot more money than I have, the big players.”

Of course, people who invest a lot of money often have the potential to make more money than the people do who have only a small amount to invest. But one of the beauties of investing in precious metals is that you can get started with only modest investments. In fact, one way to turn into one of the “big players” is to start small, watch your assets grow, and then increase the level of your activity. So don’t hesitate to start with relatively small investments and grow your money.

Reason Two: ”I’m bound to make costly mistakes.”

We are certainly not going to tell you that nobody ever makes a mistake when investing in precious metals. Any kind of investing involves risk – and that includes investing in stock, fine art, collectible cars, you name it. But the fact is, you can start investing in a way that minimizes the cost of potential losses. And all the while, you will be learning from your gains and losses, and becoming a smarter, more experienced investor. You can, for example, start with an investment budget of only one hundred dollars – or even less – and eliminate the risks of losing a lot of money while you move up the learning curve. And another thing. The Specialty Metals Smelters and Refiners Blog, which you are reading right now, offers a library of articles that can teach you everything you need to know about investing in precious metals. We’ve written about investing in gold scrap, silver scrap, platinum scrap and just about everything else. We’ve written about investing in jewelry, silverware, industrial byproducts, and just about everything else you need to know about. So start reading and start learning.

Reason Three: “I don’t know where to track trading prices.”

Actually, you do know where to track trading prices, because we post and update them daily on our home page. And if you want to track the trading prices of gold, silver, platinum, or other metals over the last year or years, you can easily find all that information online.

Reason Four: “People like me don’t invest in precious metals.”

Actually, we are pretty sure that people who are a lot like you really do invest in precious metals. Successful investors come from all walks of life, and all backgrounds. Some own small businesses or franchises. Others have retired from long careers; others are still college students. Some are men, others are women. Some are individuals who have only recently come to America from other countries, others have lived in the U.S.A. for their entire lives. So the fact is, people like you almost certainly do invest in precious metals. And with a bit of courage and caution, you could join their ranks.

Reason Four: “There is nobody around who can give me good advice on investing in precious metals.”

Well, this excuse is easy to deflate. Because you see, our precious metal advisors are here to provide you with all the advice you need on making smart investing decisions. Give us a call at 800-426-2344 and you will discover that we are already part of your investing team.