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October 07, 2009

Investment

I logged in to my online bank account today as I need to pay my credit card bills. They already updated my record and the interests that I earned have already been reflected and guess how much is the interest. It is not even close to P100. I know my personal account is not a Time deposit account but I was really surprised at how small the interest is considering I am depositing to this account regularly.

That is why I realized that letting my money sit in banks is really not a wise way to invest my money. If only I have invested it to something else, like buying rare us silver coins, then it might have earned more.

I had a lunch out with my high school friend a few days ago and investment options have been one of our topics. She said that she has been doing some readings to learn about bullion as she learned that it is one of the good investment choices nowadays. She learned about the different bullion coins that she can invest too as this is the most recommended investment for first timers like my friend. Also, it is a very convenient investment too since the size is compact so my friend doesn’t have to worry about storing and handling his silver coins. She said that she also recommends investing in silver coins at it offers high premium over time and it has high resale value also. So anytime she needs cash, she can quickly sell it and convert her investment to cash.

After our lunch-out, I got interested too that I decided to check out the site of Monex. They offer assistance for prospective investors like me to find the best deal in the market. Since they are staffed by professional and experienced silver coin dealer, I am assured that I will get nothing but 99.9% pure silver coins which is the industry standard.

I have compiled what I have gathered from the Monex site and from the research that I have done so I can present this investment option to my husband. I am sure we will never go wrong with this type of investment.

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