Four Profitable Projects for Precious Metal Investors Who Are Stuck at Home
Okay, you’re stuck at home during the current Coronavirus shelter-in-place period. Maybe you can’t take part in all your usual activities as someone who invests in silver scrap, gold scrap, platinum scrap and your other favorite investments. Go to an estate sale to look for jewelry, tableware and other items? Forget it, nobody is holding estate sales right now. Go to an antique mall to poke around? Forget it, the doors are locked.
But that doesn’t mean you should just curl up and stop thinking about investing in precious metals. Here are four productive projects you can tackle right now, even if you are stuck at home.
Project One - Learn More about Investing in Precious Metals
Yes, we’re blowing our own horn. But the fact is that our blog offers you a comprehensive course on a wide variety of topics. Want to know more about platinum scrap, gold scrap, silver scrap? Want to know what kind of scrap contains platinum? Want to know what gold Karat ratings mean? You’ll find dozens of articles on those and other topics right here on our blog. Simply visit the Specialty Metals Smelters and Refiners Blog, enter the subject you want to learn about in the search window, and get ready to become more educated about investing in precious metals.
Project Two - Inventory Your Investments
Quiet downtime at home is a great opportunity to create an inventory of your holdings. You can simply create a spreadsheet and create column fields where you will enter information that could include:
An inventory number of an item
A brief description of the item
The date when you acquired it
The price you paid for it
Miscellaneous notes about it
A field where you will enter the date when you have it tested when you sell it, how much you profited, and other details
You can also create another field where you will insert a photograph of each item. Depending on the size and the nature of the scrap or items you have, this might be a good time to invest in a small light box where you can put them and take high-quality photos. For example, you can buy a DUCLUS lightbox on Amazon.com for about $20 and start taking higher-quality pix of your investments, using your smartphone’s camera.
Project Three - Do Some Financial Planning
As you inventory each item you own, think about what your plans are for it. If you have been waiting too long before having it tested by Specialty Metals Smelters and Refiners, maybe now’s the time. If you have been thinking about selling some items on eBay but haven’t gotten around to it, maybe this is the day. And if you have been stalling about more complex decisions, like gifting some of your items to your kids or donating a collection of bullion to your college . . . well, this could be your chance to talk to your attorney or accountant and make some plans.
Project Four - Spend a Few Hours Shopping Online
eBay is a fun and sometimes productive place to go shopping for underpriced items made of gold, silver, platinum, palladium and other precious metals. It’s fun to poke around, and also educational.
Why There Is No Such Thing as Downtime
Even if you are stuck at home, you can still find ways to become a precious metal investor who is better educated and more organized.
There is an old saying, “When the going gets tough, the tough get going.” Okay, you have heard people say that many times. But it applies to precious metal investors right now, today. So our advice to you is to get tougher, get going, and make more money. Why not call Specialty Metals Smelters and Refiners today at 800-426-2344 and tell us about your holdings? Let’s make some profitable plans together.