
<p>Many analysts believe that silver is due for a <a href="https://www.yahoo.com/video/10-best-silver-mining-stocks-103437586.html?guccounter=1&;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&;guce_referrer_sig=AQAAANBYsqOjGTIwpRb5tQc9PvkWjv1GmmXx_Za4tHXSl2WX0JJbFxmUf-wEWuATdkLKE7tEFaB7q1Ip5dqOJoxuMAUVuAYuHPTU2cIrHt3vHw28xbs9UiJaNxx4zmPLd3He_3EkC2YrVT8ExMQ3qm7PFFbErzkGuF0SEwlw8qWUx9S8">substantial rise</a> and that the precious and industrial metal has reached its price bottom. The prediction makes silver look like an excellent safe haven investment for 2022 portfolios.</p>



<p>But are silver investments really worth the time and money? It&#8217;s important to understand the benefits and drawbacks of investing in silver before making a decision.</p>



<p>The following guide will explain how to invest in silver, why you might want to, and how it compares to gold.</p>



<h2 class="wp-block-heading"><strong>Benefits of Silver Investments</strong></h2>



<p>Silver gets used frequently in industrial fabrication because it&#8217;s an excellent thermal conductor. For example, it&#8217;s used in photovoltaic solar panels. So, silver&#8217;s value should rise with the popularity of solar energy in the coming years.</p>



<p>The automotive industry also relies heavily on silver for the electrical components of modern cars. Silver membrane switches help start engines and operate windows.</p>



<p>Of course, silver jewelry is another huge use that contributes to its value. Silver jewelry is easy to sculpt, doesn&#8217;t require much care, and lasts for a lifetime.</p>



<p>Its use in soldering together other metals and even silverware provides two more industries that rely on silver. Its versatility a wide usage make it a safe and smart investment.</p>



<h2 class="wp-block-heading"><strong>Silver Compared to Gold</strong></h2>



<p>First, silver is cheaper than gold and makes for a much more affordable investment. Investors get more silver on the dollar which creates a greater chance for profit.</p>



<p>However, the silver market is much smaller than the gold market. So, there&#8217;s more volatility with silver and bigger price swings. There are also more buyers for gold making it easier to sell.</p>



<p>Gold also has industrial uses, but its price largely hinges on investor sentiment. Some might see this as a negative, but it also means that gold is a nice hedge against the economy.</p>



<h2 class="wp-block-heading"><strong>Ways to Invest in Silver</strong></h2>



<p>One way to invest in silver is to buy physical silver coins or bars. Just remember that physical forms of silver require storage space and expenses. If you&#8217;re interested in buying coins, you can learn <a href="https://www.sprottmoney.com/buy-silver-coins-online">more here</a> about the process.</p>



<p>You can also invest in silver-related stocks if you don&#8217;t want to store physical silver. Examples include mining companies and resellers. Note that it&#8217;s hard to find pure silver stocks because it&#8217;s typically mined along with other metals.</p>



<p>You might come across ETFs (mutual funds) that include silver in their portfolios. Some mutual funds even invest in physical silver.</p>



<p>ETCs offer another option for silver investments and work similarly to a bond. Silver functions as the collateral for some ETCs.</p>



<h2 class="wp-block-heading"><strong>Ready to Invest in Silver?</strong></h2>



<p>Now you know that silver investments come in many forms such as coins, stocks, and mutual funds. You also know that it&#8217;s affordable and used across many different industries. While it differs from gold, smart investors often include both metals in their portfolios.</p>



<p>Silver isn&#8217;t going away and its uses are evergrowing making it more than worth the time and money as an investment. Take a look at our finance category for more great investing ideas and tips.</p>

Are Silver Investments Worth the Time and Money?
