What shall I invest in?

[Reilly]

Hello, I'm 21 years old what would be the best to start investing in gold or silver coins?

 

Thanks

[Tn21]

21years of age is a great age to start stacking. What you want to buy really depends on your budget. 

For your first order maybe buy a small amount of silver/gold. You can buy from the main dealers but you can buy from this forum as there are often items for a great price. 

A mixture of gold and silver is what I would suggest. 

Good on you for thinking about PM's at a young age.

[Reilly]

5 minutes ago, Tn21 said:

21years of age is a great age to start stacking. What you want to buy really depends on your budget. 

For your first order maybe buy a small amount of silver/gold. You can buy from the main dealers but you can buy from this forum as there are often items for a great price. 

A mixture of gold and silver is what I would suggest. 

Good on you for thinking about PM's at a young age.

I'm always looking into earning more money, making a business, reading books learning, courses while working, gym and just overall mindset.

[Stacker2020]

That really depends on your budget. If you have a smaller budget then silver might be the way to go. I would personally stick to Brittanias as you are in the UK for silver and sovereigns for gold.

[trp]

Say pretty much the same as @Tn21 depends on your budget and what you like the look of. Also I’d look at how long you are planning on keeping it for and whether CGT exempt stuff is a good choice.  
 

Both gold and silver are worth putting your money into. 

[Agpanda]

Hi, I say gold for stacking and silver more for collecting

if you are stacking for 45-50Years silver will take to much space

Also gold is more easy to carry with you if needed

[Pete]

At 21 years of age my advice is avoid PMs altogether and get investing in a tax efficient SIPP where immediately you will gain 20%.
You can wait an awfully long time to see this sort of return in bullion AND you might loose money.
If you are wealthy enough and have other rock-solid investments THEN consider the shiny metals.
 

[Paul]

For Sake of Simple Maths just buying a "full sovereign" a month

Your working life of 18 through to 65 = 47 years

x1 full sovereign per month = x12 per year stacked

x12 sovereigns times x47 years = 564 sovereigns 

x564 sovereigns @ £289 (for sake of simple maths) = £162,996 saved without really trying too hard or putting too much mental thought into your approach, buying at highs and lows along the way

[Agpanda]

do the same math with 10 oz of silver each year and you will end up with a lot

[goldking]

1 hour ago, Reilly said:

Hello, I'm 21 years old what would be the best to start investing in gold or silver coins?

 

Thanks

Investment or wealth preservation?  Choose one or the other.  Gold and silver are not investments.  Silver price is the near enough the same as what it was 100 years ago when adjusted for inflation.  Gold may look like a good investment on charts, but the reality is that it generally increases in price (note: price, not value) because of currency devaluation and partly fear when the world financial markets are in turmoil.

I recommend some youtube research on search terms like "is silver/gold an investment?" and you'll be presented with many hundreds of videos to watch, some better than others.