It is often difficult to decide how much of your available savings to invest in gold and silver. Knowing at what price to purchase your precious metals can also be challenging. Mastering your emotions and making a sound, rational decision will help insure you don't invest more than you intend (or should) and don't pay too much. Don Harrold outlines how to quantify your risk in the video below.
You can also download the spreadsheet so you can do the calculations yourself in either:
Even if you plan to hold your silver and gold over the long-term, it's still an interesting exercise to see whether or not the amount you're investing, along with your target buy and sell prices, make sense or not.
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