Читать книгу Building Wealth with Silver - Thomas Herold - Страница 15

In the next chapter you will learn why silver is actually a much better investment than gold. Most individual investors and the financial press are biased toward gold while seeing silver as a secondary investment in precious metals. You will see why this is not the case and learn how to use silver's under-the-radar status to your advantage.

Next, you'll jump right into the physical metal itself and how it is quite likely that silver will become the first of our metals that become extinct. You will learn why silver is rarer than gold, and why it has not yet caught up with its real price value.

You will come to understand why most silver ends up in the land fill, why falling silver demand due to reduced photographic usage is a myth, and how silver is used in countless technical processes in all kinds of industries. These technologies, in fact, have driven the demand for silver so high that we no longer have a large surplus of the metal available to help balance the market during times of scarcity.

The next chapter deals with the different ways to acquire silver in both physical and paper forms. You will get the details on why silver remains undervalued and how the fundamental market outlook for silver will be bullish for the coming next few years at least.

After that we are going into the nuts and bolts of trading. You will learn how to trade silver to create the highest profit. You will learn how to use and apply several stages of leverage, which will exponentially increase your return on investment. You will learn techniques to substantially reduce your risk when buying with leverage. You will be amazed how much money you can make in a short amount of time in the current bull market.

Speaking of leverage, it is a myth that more leverage equates to increased risk. This myth is of the same type as the one about diversifying as a means of spreading risk. You only need to diversify if you don't know what you're doing. Likewise, you can count on greater risk when leveraging if you don't know what you're doing.

We'll show you how to achieve this. When you fully understand the fundamentals of an investment – and know how to minimize risk – you can simply and confidently make up your mind to jump in or to leave it alone.

Moving along to the next chapter you will learn the basic general principles of being a successful investor. It all begins with mental preparation and knowing how to turn your mind into an asset.

Once your mind is an asset the particulars of your worldly physical existence will unfold in the same way. This is actually the most important and crucial chapter because it assures you success forever. You may at a certain time in your life be broke, but you will never be poor.

Being poor is a state of mind, being broke is only temporary.