ELI5: Explain Like I'm 5

Silver as an investment

Investing in silver means you are buying silver to make money. You buy it with the hope that you can sell it for a higher price at a later time. When the price of silver goes up, you make money, and when it goes down, you lose money. To get started, you'll need to find a place to buy and sell silver. You could do this from a bank or an online broker. Once you have a place to trade, you'll need to decide how much money you want to invest and what type of silver you want to buy. You can buy coins or bars, for example. When you have your silver, you can decide what to do with it. You can hold onto it and wait until the price goes up, or you can sell it right away if you want. Just remember that investing in silver is risky, so make sure you understand all the risks before you decide to do it.