Don't put all your eggs in a single basket!
Precious metals are a great hedge against inflation, but diversifying it is essential for long-term financial planning and investment risk reduction, as
PrimeValues.org (precious metal investments advisor) advises us.
Here are the main reasons why you should and how you should diversify your precious metals portfolio:
1. It splits the risk:
every investment is risky, even if only slightly - by investing in multiple assets, you split the risk, thus becoming more secure on the long term.
2. More opportunities for growth:
if one of the metals in your holdings "jumps up" in terms of price, then you'll rejoice gathering profits on it - silver and palladium are for instance, metals with higher potential for growth than gold
3. Gold is the most convertible precious (Read More....)
