Buying Gold and Silver for Beginners (How To)

Here's my "how to" guide to buying gold and silver for beginners.

If you've never struck out into the world of investing in precious metals, or even investing at all, the thought of knowing where to start may be a little daunting.

But don't worry - I'll hopefully clear up a lot of that confusion in this video! I cover the difference between just trading precious metals like gold, silver, platinum, and palladium, and having them actually owned by you; that you either keep personally, or that's stored for you in a safe (and insured) vault around the world.

GOLDMONEY - This is the service I've personally used for years to store precious metals in vaults around the world for years.

The link above is an affiliate link, so please use that if you're considering using Goldmoney to help support this channel.

Timestamps for the video can be found below:
0:00 - Introduction
0:47 - The way I look at investing
2:20 - Why I wouldn't invest in gold and silver early
2:56 - The slow growth strategy
3:39 - The difference between precious and commodity metals
4:21 - Trading vs owning precious metals
4:44 - Why precious metals are a safe investment
6:22 - Starting your precious metal portfolio
7:14 - How owning gold and silver changes your mindset
8:29 - How to buy and store gold and silver (and costs)
10:27 - Where I store my gold and silver (Goldmoney)
11:58 - Tax, asset reporting, and ownership of precious metal
12:41 - Outro