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There are two major ways in which you can finance the procurement of 1 oz silver coins. We will shortly look at what each of these silver coin procurement financing methods entails. Then we will try to identify the pros and cons of each financing method. We will go further, and look at the specific situations where each financing method would be considered ideal. All this is, of course, against a background where the workings of the procurement financing methods differ considerably. It is also against a background where each of these procurement financing methods has its pros and cons. That is also where, accordingly, each procurement financing method is better suited for some situations, and not others. The information we present here is important because if, for instance, you are considering venturing into the business of investing in/buying and selling the silver coins, you need to have full awareness of the financing options that will be ultimately available to you. More importantly, you need to know what you will be getting yourself into, by opting for any of the procurement financing methods. Now the first way in which you can finance the procurement of 1 oz silver coins is through your savings. These can be savings you have build up through some other undertakings. The objective behind investing in the silver coins in that case would be to protect the value of the money: for if you keep it in the form of ordinary legal tender, or in a bank account, it will keep on losing its value over time due to the almost unavailable ravages of inflation. The savings you use in this case could also be savings that you have build up using proceeds from the silver coins business previously. In this case, you’d essentially be doing what is commonly referred to as leveraging or ‘plowing back’ the earnings into the business that brought them about, in order to ‘make your money grow.’ On the upside, if you opt to finance the procurement of the 1 oz silver coins using your own savings, then you won’t have to content with the often usurious (and unpredictable) interests. You also won’t have to worry about suffering financial embarrassment, in case the value of the coins goes down, and you have to sell them at a loss. On the other hand, if you finance the procurement with borrowed money, and the value of the coins goes down, you can end up facing real pecuniary embarrassment. The second way in which you can finance the procurement of 1 oz silver coins is through borrowed money. You may, for instance, be faced with a situation where you come across such coins being sold at a very pocket-friendly price, but you don’t have money to take advantage of the deal, forcing you to borrow money to buy the coins. On the upside, borrowing money to finance the procurement of 1 oz silver coins can help you take advantage of a good deal that you’d otherwise have missed out on. On the downside, borrowing money to finance the procurement of the silver coins can be risky. That is because if you finance the procurement with borrowed money and, unfortunately, the value of the coins goes down afterwards, forcing you to sell them at a loss, you’d be in a real and complete financial mess. The aftermath may be an inability, on your part, to meet your loan repayment installments -- which can in turn destroy your credit score irreparably. To lean more about buying 1oz silver coins you can visit www.finesilvercoins.co.uk
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