This year, experts in investment finance are noting that those who are most likely to succeed as investors will have 25% exposure to commodities such as gold and silver. With a success rate like that, it’s worth taking a look at commodities as part of a comprehensive career strategy as an investor. If you’re just starting out, it’s important to tap into untapped markets while you’re building your portfolio.
Whether you’re already on the path to becoming a career investor or just starting out, it’s important to first understand how investing in commodities works.Tweet This
What To Know About Investing In Precious Metals
Whether you’re already on the path to becoming a career investor or just starting out, it’s important to first understand how investing in commodities works. Because you’re just starting out, it’s important to invest in high-return industries. This makes commodities a top choice, as Bloomberg, Think Advisor and the Financial Post all report that commodities are slated to soar throughout all of 2019. Why? Due to the high investment demand for silver, the industrial supply and demand equation results in a strong, positive influence on the price. In this case, as a savvy investor, your next step would be to figure out where to purchase silver. According to Money Metals Exchange, there are many platforms that offer great trading advice for precious metals so that you can capitalize on the trends before others do.
Why Commodities And Why Now?
As the dynamics of world economics shift this year, the US dollar is projected to trend lower throughout at least the first half of 2019, if not the entire year. While this isn’t great news for US-based businesses, it is great news for precious metals, as they make up a large portion of a market that depends on a weaker dollar. As imports priced in US dollars are more expensive when the dollar is weaker, companies will have to have to pay more to import commodities such as gold and silver. This not only helps bid up the prices, but there is strong evidence that shows that, historically, investors make gains on commodities, namely gold, when the US dollar is low.
“The investment and finance industry is a great proposition for anyone thinking about a new career. There is a huge range of professions available, catering to a wide set of skills. A career could be there for you.” – Opportunities For Careers In Investment
The same experts also note that commodities as an investment asset class are extremely short at the moment. After analyzing how these markets go up so quickly, they believe that there are large gains to be made in the asset category in 2019, with the World Bank reporting that commodities already rose in January.
A Positive Future For Investors
Making a career out of being an investor has the potential to be both highly rewarding and highly profitable. To succeed, however, you’ll need to ensure you’re staying on top of hot trends and opportunities that will launch your career even higher. The price of gold continues to climb, and with trends showing that silver usually follows closely behind, making an investment in either one of the commodities a smart choice for 2019. Doing so might make or break your investment career.