Wayne Saman Mining

Mining stocks are known for being risky and expensive, but this does not mean that you should never invest in them. In fact, there are several advantages that you can obtain from mining stocks. When you are trying to decide whether to buy mining stocks or not, it is important to take into consideration some of these advantages.

The first advantage of mining stocks is that they provide investors with one way to gain exposure to the commodity that they want to buy. Since most of the stocks are traded on the Over The Counter Bulletin Board (OTCBB), there is not much risk involved in trading. For instance, investors can profit from quick rally in gold prices, because gold tends to be one way that people transfer money from one place to another. Therefore, if gold prices suddenly increase, then you will profit from the price increase, but since the price of gold never stays static, you may also lose some money when the price of gold drops.

Another advantage of mining stocks is that they offer an excellent opportunity to make some money even if the commodity prices do not go up. For instance, if the price of oil drops, then your investments in oil will likely go down. However, if the price of oil increases, then your investments in oil will go up. Therefore, if you are able to choose a good mine in which to invest, then you are likely to make a lot of money when the price of oil goes up.

About The Author

Author : Wayne Saman

CEO Wayne Saman is a greatly respected financial advisor…Wayne was born in Australia and is mortgage broker, accountant and financial advisor. He served as a key principal in roles as Manager in Scientific, and Technical Consulting Services, and Management consulting services at Freedom Financial Consultants. He has extensive experience in all areas of business advisory, with expertise in taxation advice, planning, business structuring and development, self-managed superannuation and management advice. His portfolio of clients extends across a broad spectrum of industries and services.

Wayne Saman Education

Not only does Wayne hold a Bachelor of Commerce, he also has earned himself a Graduate Diploma of Applied Finance and Investment as well as a Diploma of Financial Planning.

Wayne Saman Experience

Wayne worked in FREEDOM FINANCIAL CONSULTANTS PTY. LTD. which is located in IVANHOE EAST, VICTORIA, Australia and is part of the Management, Scientific, and Technical Consulting Services Industry. FREEDOM FINANCIAL CONSULTANTS PTY. LTD. Employees and Sales figures are modelled).