Is a good idea to invest 500EUR monthly into silver?
Im looking for a more long-term investment which isnt a meme.
Investing in silver
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you'll keep up with inflation, nothing more
You're already late to the party. You better load up quick before this rocketship lifts off.
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Use precious metals for one purpose: insurance policy against disaster, anything more is wishful thinking.
Let me show you the tiers of assets you can hold.
From lowest to highest
>Consumer electronics
>Fiat money
>Value storage such as noble metals and diamonds
>Treasury bonds
>Securities
>Real Estate
>Stocks
>Cryptocurrency
This is based upon their profitability for holding.
Consumer electronics depreciate really fucking fast around -20% a year
fiat money declines around ~-2% a year
Value storages have a very very small depreciation over time but you could say it's a 0% neutral hold for all intends and purposes.
Treasury bonds give you a 2% appreciation on average
Securities give you a 4% appreciation on average
Real Estate gives you a 5% appreciation on average (But this is not median you usually get either fucked by bad neighborhood or get blessed by gentrification, not a lot happens in between)
Stocks give you a 7-9% appreciation on average (depending on calculation)
Cryptocurrency gives a 100-800% appreciation by holding on average for the top 10 coins.
This, exactly this. Except that traditional investments like gold and silver are going to suffer from new things like crypto.
>Useless lumps of refined ore
>Investment
>refined ore
to heavy, it will ruin you house