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Buying Silver Bullion in your Self Managed Superfund

For centuries, Gold and Silver have held a high regard as a measure of wealth. They particularly come in handy during times of distress.
Fast forwarding a few centuries, it has now become easier for individuals to
purchase and sell these precious metals. The transactions can be made at
websites which deal in bullion, local shops that buy and sell coins and bullion, and lately, at vending machines that dispense gold ingots. The reason why gold and silver have such a high market value is because they can hold their value, in the event of a market crash.

As of late many people who have self managed superfunds are looking to protect their retirement money in this volatile market. Thus the new trend shows that investors are looking to buy SMSF silver bullion into their superfund investment portfolio.

After you buy silver bullion you need to store it somewhere. Most superfunds opt to have it stored at the dealership that they bought it from. When the timing is right it makes it a simple process to sell it back to the dealer. Gold bullion dealers like Brisbane Gold Company in Australia a renowned in the market place for the buying and selling of silver bullion products. They are also experts in dealing with self managed superfunds. A dealer such Brisbane Gold Company can not only help you buy SMSF silver bullion but also sell silver bullion out of the SMSF.

In Australia, most superfund investors will resell the silver bullion closer to retirement age, especially when there is economic or political crisis in the world. As compared to gold, silver has a substantially lower market price, but nonetheless, it is an important trading commodity and has shown the same growth as gold. Also, paper currencies can become subject to devaluation, which is unheard of for gold and silver as it’s a commodity mined from the ground. This makes these two precious metals trusted source of wealth.

As many financial reports and experts have mentioned time and again, at least 10 percent of your retirement income should be invested in silver to reduce the risk of inflation on your savings. Considering this factor, it has been seen that many investors buy silver to increase their financial portfolio because it protects them against the stock market volatility.

Another great way to maximize your profits is to keep an eye on the market, and sell these metals at the right time when there is a shortage of precious metals and the demand increases. A good example of this was when North Korea shot off missiles.

The points discussed above in this article will help you find a trustworthy and reputed gold dealer with whom you can transact to buy or sell your silver bullion with, all without any hassles. When you deal with genuine dealers, you can rest assured that you’ll receive the best offer for your silver. Their services follow the Australian bullion industry norms.

Claire David White
Claire White: Claire, a consumer psychologist, offers unique insights into consumer behavior and market research in her blog.
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