The Oldest Trick in the Book – and why we don’t play games when it comes to investing your coins.
If you have decided to invest in precious metals like gold and silver, it is probably because you know that they can offer you a great return for your money and can act as a safer element of your portfolio than traditional stocks and shares.
However, that means you need to be sure that you are dealing with reputable dealers to make sure you are getting the very best prices and a reliable and trustworthy service, otherwise your investment may not be worth what you had hoped.
Unscrupulous companies
Whilst precious metals are one of the oldest forms of investments around, there has been a recent flurry of competition by companies trying to strike fear into those who have been saving for their retirement.
They focus on news events surrounding the economy, painting a deliberately gloomy picture in order to scare people into investing with them in order to protect savings that would otherwise suffer. One such example that has hit the news recently is Lear Capital, a company selling gold and silver coins and, in some cases, charging as much as 33% commission.
These kinds of hefty fees add up to some significant amounts, and as it is often buried in the small print somewhere, it is not until the transaction is complete that you realise how little of your hard-earned cash has actually been invested into gold.
A flashy ad pitched at the right audience can convince people that the services on offer are a good choice for their money, but it is important to do your homework and find out more about these businesses.
Many of the ads gloss over a lot of the facts around their businesses and how they operate, with the intention of leaving investors in the dark. Some of the coins that are being sold have extremely high markups, meaning that the same coins could be bought elsewhere for a more competitive price.
Why Wall Street Metals are different
At Wall Street Metals, we aim to be different to the rest by guaranteeing you the lowest prices with no commission. We offer a completely transparent process to give you security and peace of mind when it comes to your investments.
It is important to us that we are always completely transparent, so that you know exactly what you are investing in and whether it is at a fair price. That is why we also include a free investment consultation, to make sure that the investment you are making is right for you.
Whilst most precious metals companies centre themselves around big business and fund managers, we want to take care of individuals who have worked hard all of their lives for their savings; that means military, nurses and small business owners like you.
By offering you more for your money, we can give you greater control over your future, and every order that you place is fully insured. Get in touch today to find out how we can help you to make a safe and protected investment.
