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Is Silver a Good Investment?

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  Silver: A Wise Investment Choice in Today's Market Investing in precious metals like gold and silver can be a great way to diversify your portfolio and potentially see large returns. While gold has been a popular investment choice for many years, silver is often overlooked despite having many attractive qualities that make it a great investment option. In this blog post, we'll explore why buying silver right now is a wise choice and what that could mean for investors in the future. Silver is a precious metal that has been overlooked and undervalued for too long. It's time for investors to take notice of its potential as a safe haven asset and its critical role in the financial system. Lets explore the reasons why silver is an investment worth considering, including its abundance and affordability, its wide range of industrial uses, and its potential for future price growth. We'll also delve into the political implications of investing in silver and why it may be the l

What is a CFD and where to trade CFDs in Canada? Everything you need to know.

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 (Shutterstock) What is a CFD? CFD stands for Contract for Difference, a type of financial agreement that allows investors to speculate on the price movements of an underlying asset without taking ownership of it. A trader will open a long or short position in the asset, entering into an agreement with the CFD broker to exchange the difference in the price of the asset from when the contract was opened until it is closed. If the price of the asset moves in a favorable direction, the trader will make a profit, and if it moves in an unfavorable direction, the trader will suffer a loss. Should You Trade CFDs? CFD trading has several advantages that make it an attractive option for investors. Firstly, CFDs offer higher leverage than traditional financial vehicles, allowing traders to take significant positions with less capital at risk. Secondly, CFDs offer diversification as commodities, Forex, major stocks, and indexes are all available for trading from the same platform. Thirdly, CFDs