/biz/ - Business & Finance

>>23310997
>I get that overall the stock market is good. If I put 1,000 in 20 different miners and one goes bankrupt while the 19 other trend upwards 10% on average I'll have made returns on my investments, and more importantly my money is better off than if it were in a bank account.
Bad idea. Take the time to actually learn about the industry and how to read financials. Miners and especially explorers have a litany of inherent industry-related risks you need to be aware of before investing. Read my previous posts and start putting in some effort -- it's your livelihood at stake!
>>23297823
>>23298522
>>23298749
^ Read and comprehend these

Also you should probably acquaint yourself with some basic money & investment knowledge. There are many books with which you can get started, pic related is what I read just this year before I started off as an investor too. Robbins isn't an investor first and foremost (he is more like a life coach, with an almost cult-like following which I dislike) and he doesn't offer any new information in his book but I found it to be a great way to start off. It goes through most of the basic stuff like how to save money and get started with investing, what common pitfalls to avoid and what are the "safest" investment strategies anybody can use to attain financial freedom. I recommend it for other beginners too, learned a lot from reading it.
Take things he says with a grain of salt though, as he isn't a businessman or an economist (for example, he recommends buying US government bonds due to the historically stable, consistent returns -- however currently yields are effectively negative and the economy is in the shitter and primed to collapse, so US bonds is the furthest thing from a safe return for your investment).

>>22642985
You might want to go to /smg/ (Stock Market General) for more info but I can give you my own recommendation still.
I have barely started investing myself but I've started by reading a book called Master The Game that my coworker and friend graciously lent to me, which has helped me to understand the basics of finance. Pic related. It doesn't go too in depth regarding complicated investment tools but I think it's a great place to start.

The main theme of the book is attaining financial freedom, or financial independency (not having to work any more if you don't want to). The book walks the reader through most basic economic concepts and investment tools, with an emphasis in the most efficient, risk-free investments and strategies. I've almost finished the book and I am in the final 100 pages where author Tony Robbins interviews multiple high profile investors the likes of Warren Buffet and Carl Icahn.

Master The Game has been a source of optimism and easy-to-digest information for me. I wholeheartedly recommend it as a first step in investing!
>>22642974
>Personally, I have only bought enough allocated metal in these companies so as to register bars and segregate my holdings.
>I think that allocation is the safest way to buy bullion
Do you mean you've allocated your funds in these companies enough so that you have some physical stake in each of them? Or what?

>I can say from experience that BullionVault is very liquid: you only pay a 0.50% commission (same as Coinbase) to purchase your allocated bullion instantly, can sell it instantly for the same fee, and withdraw the fiat into a bank account on the same day.
That's a very low price when compared to most physical bullion dealers' premiums. But do those services deliver the commodity to you, as Kinesis promises to do?

>>22272540
Pic related is a good book to start with

>>22236536
Read a book to understand the basics a bit. I recommend Tony Robbins' book Money: Master The Game