Underappreciated and often overlooked, but that won’t dull its shine! Silver has long been gold’s “little sister” in the investment game, a cheaper asset of choice for those who want some stability in the face of market downturns. Silver’s varied use besides jewellery, such as tech and batteries across the globe makes it an interesting opportunity at a lower price point for those who aren’t opposed to taking on a bit of risk. Remember, all investing carries risk, and you may lose some, or all, of the money you put in.
Remember, your capital is at risk
ETFs are not only a great way to gain exposure to major stock market indices, like the S&P 500 or FTSE All-Share, but also enable you to access more niche markets or specific sectors.
Exchange-traded funds are exempt from the 0.50% stamp duty. Hold your ETFs as part of an ISA or SIPP tax wrapper, and you can access additional tax benefits.
When buying ETFs, you invest in a basket of stocks that will mirror how a specific index performs without buying all the stocks individually.
ETFs are less management fees involved. They also tend to be less costly than purchasing individual shares - fewer transactions, less trading costs.