Читать книгу Investing in Gold & Silver For Dummies - Paul Mladjenovic, Paul Mladjenovic, Ted Sudol - Страница 54

I realize that after reading an entire chapter on risk, you may think it’s a terrible concept; however, some things in this world thrive on risk. The world can be an uncertain place, and many potential events and entities out there have no problem with raining some bad news on the U.S. economy in general (and your portfolio in particular). When those types of risks become evident, precious metals revert to their historical role as a safe haven. Without risk, how can you grow your money faster? It’s a necessary part of your success, and in many cases, it’s the reason for your success.

To offset some of the risk potential that is inherent in any place you put your money, use a very simple criteria. The most you should have in any single vehicle is 10 percent of your money. Easy! Yes, you could make it more precise, more customized, and more complicated. Go ahead, but it’s good to have a starting point and a simple strategy before you start to tweak and “optimize.”

Table 4-1 is a neat summary of the major ways you can get involved in precious metals based on risk. Use it to leapfrog into your investment of choice or, more appropriately, where to get more details.

TABLE 4-1 Risk Levels of Precious Metals Investments

Type/Category	Relative Risk Level	Most Common Direct Type of Risk	Chapter with Details
Physical
Bullion coins and bars	Low	Market, physical	9
Numismatic and collectible coins	Medium	Fraud, physical	10
Paper
Major mining companies	Low-medium	Market, political	7
Midsize mining companies	Medium-high	Market, political	7
Junior mining companies	High	Market, political	7
Mutual funds	Low	Market, political	8
Exchange-traded funds (ETFs)	Low-medium	Market, political	8
Leveraged ETFs	High	Market	11
Futures	Highest	Market, exchange	12
Options: covered call writing	Low	Market	13
Options: buying calls and puts	High	Market	13
Digital
Precious metals cryptocurrencies	Medium-high	Market	13