Silver bullion consists of coins, bars, ingots and rounds that are made silver. However, silver bullion most commonly refers to silver coins. Investing in bullion, whether gold or silver, is considered a strong addition to an investment portfolio. This is because the value of precious metals nearly remains constant even in the most unsteady financial environment. Also, the value of bullion does not fluctuate sporadically and in fact, their value tends to grow in terms of global worth and liquidity. However, the price of bullion does change on a day to day basis.
Silver bullion can be bought from banks, brokerage firms, coin dealers, and precious metal dealers. The value of silver bullion depends on its purity and its melt value. The melt value is the value of the bullion you would get once it is melted and sold. The purity value of silver bullion is usually set at 99.9% globally. If you are curious about silver bullion, here are 4 basic things you should know:
Turning silver into bullion: Silver bullion is made by melting silver grain above 2192 degrees Fahrenheit. This turns the solid metal into liquid form, which is then poured into molds. These molds can be of ingots, bars and coins that turn the molten metal into silver bullion. The bullion is then stamped with purity, weight and other information.
Types of silver bullion coins: The U.S Mint makes two types of silver bullion coins. There are special minted coins for collectors. These are called proof bullion coins, which are directly sold by the Mint in protective display cases. For general investment, the Mint produces uncirculated bullion coins. These are sold to authorized buyers only.
Investing in silver bullion: Silver bullion is usually bought by investors as a guarantee against financial market instability. Silver bullion is usually a backup for volatile fluctuations in the value of paper currency. For instance, if the value of U.S. dollar falls drastically or is completely lost, investors with silver bullion will still have something on which they can rely.
Low-cost silver bullion. Silver billion in the form of bars and cons are the most affordable investment. Silver bullion in the form of coins is affordable to buy and flexible to sell as well. This is due to their relatively low weight and value that makes it manageable while selling. For instance, a silver bar will weigh about one hundred ounces. You will have to sell one hundred ounces of silver. But if you have one-ounce silver coins that weigh one hundred ounces together, buying and selling become more flexible.
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Best 4 fitness franchises to consider buying
Read moreAre you a health-conscious person looking to start a business? Do you want to help others achieve their fitness goal? If yes, creating a fitness franchise business may be one of the best and the least risky options. Owning a franchise would help you as you would be backed by an acclaimed brand that would, in turn, result in a solid customer base. Here are some best fitness franchises you can consider:
Anytime Fitness
Anytime Fitness, established in 2002, is one of the leading franchises. It is headquartered in Woodbury, Minnesota, and is a subsidiary of Self Esteem Brands, LLC. There are 4200 gym locations of this fitness brand and three million clients in more than 32 countries as of 2018. It operates on a unique model, open 24 hours, 365 days a year, which applies to any location worldwide. Anytime Fitness offers numerous services, including cardio, yoga, spin, personal training, and Zumba. In franchise agreements, advertising and royalty fees are usually calculated as a percentage of the total or gross sales. However, for Anytime Fitness, the rates are flat monthly, and its initial franchise fee can be up to $42,500.Planet Fitness
Planet Fitness, founded in 1992 and based in Hampton, New Hampshire, is the franchisor and operator of fitness centers. It markets and operates as the “Judgment Free Zone,” which caters to new and casual gym users and is one of the fastest-growing fitness franchises. In 2003, Planet Fitness started franchising units with an initial franchise fee of $20,000, and $10,000 is the area development fee. 7% of the total monthly and yearly membership fees are the royalty fees for Planet Fitness. As of 2019, the count of corporate-owned gyms was eighty, and others are individually owned and operated.Crunch Fitness
Crunch Fitness, incorporated in 1989 by Doug Levine, a former stockbroker, is a US-based brand of around 400 franchises owned by corporates and fitness clubs. It works and markets itself based on the tagline “No Judgments.” Crunch Fitness believes it is an unfiltered philosophy, making them craft the community and the gym for all. It works on the values of positivity, fun, and inclusivity and believes in encouraging, empowering, and entertaining. So, if you are also willing to follow these values, then Crunch Fitness may be the right franchise choice or opportunity for you. The initial franchise fees are $25,000, and they offer personalized support. The royalty fees are 5% of monthly total gross sales, and the advertising fees are 2% of the monthly gross sales.Orangetheory Fitness
Orangetheory Fitness (OTF), established in March 2010 by David Long, Ellen Latham, and Jerome Kern, is one of the renowned boutique fitness studio franchises. It is based in Boca Raton, Florida. This fitness brand has over one million members as of 2020. This fitness boutique has over 1300 studios expanded across 23 countries and 50 states. It works and operates on serious technology wherein heart rate monitors are worn around the forearm, chest, or wrist. All metrics are visible on the studio’s screens and depicted on tablets attached to the rowers or treadmills in the updated studios. The initial franchise fees are $54,950 to $59,950, and the initial franchise terms are ten years. There is a royalty fee of 8% of the monthly gross sales. -
Tips to make cheap clothes look expensive
Read moreWomen do not want to wear cheap clothes that don’t fit well or which gives a flimsy look and get themselves embarrassed in front of their friends or loved ones. Even a cheap piece of clothing can be made to look expensive by tweaking them a little. Modifying the fit, replacing cheap buttons, choosing the right color are some of the very few tips of making a cloth look expensive. Let’s take a look at some of the tips which makes the impossible, possible for women.
Getting the cloth tailored
Even a $10 skirt can look better and expensive than a $300 skirt in the hands of an experienced designer. With a few stitches, even the most lackluster piece of clothing can look appealing in front of others. If ready-made clothes don’t fit well, it is best to take it to tailor and get it stitched to the perfect fit. Proper fit helps a lot in making a cheap piece of clothing look better.
Replacing Buttons
Cheap clothes for women come with equally cheap buttons which instantly catch others attention. It is always better to ditch cheap looking buttons and replace them with something rich like metal ones or even pearls. One can even harvest buttons by taking them from clothing they no longer wear. Buttons can also be bought at eBay for cheap prices.
Limited Washing of Clothes
One would always want their clothes to be clean and would love to wash them often which actually damages the fabric. Repeated washing wears down the fabric causing the color to fade off. It is always better to clean a specific spot with brush or sponge rather the entire cloth. Stinky clothes can be dealt with by keeping them in a freezer overnight.
Keeping it simple
It is always better to invest in simple clothing which is cheap. Clothes with lot of embroidery and embellishments are a strict no as they can look overdone and may not give you an elegant look. It is best to stream line ones appearance before choosing a particular piece of clothing. Also, comfort should be kept in mind for the type of clothes you choose.
Getting a steamer
Be it a cheap clothing or costly, wrinkles make them look cheap either way. Ironing the clothing is the simplest solution but there are some fabrics that cannot be ironed. It is best to own a steamer which can blast even the toughest wrinkles in a couple of minutes. Steam a cloth and leave it with open windows overnight. The cool air will neutralize the odor and the clothing will be ready for wearing the next day.
By following the above-mentioned tips, even a simple fabric can be made to look livelier and more attractive.