With the recent increase in silver prices buying silver as a long-term investment can be an excellent idea. You will need to be aware of the fact that the bullion market is among the few places to invest your money where the probability of losses in the long term is practically zero. In this regard it is vital that you take advice from a qualified and competent investment advisor. A lot of reputed and trusted sites such as http://forbes.com/ have stated that investment in the bullion market must be made after due diligence and consultation with an investment advisor.
If and when you think about putting money in the bullion market then it is vital that you consider the timing of your investment. The amount of time for which you want to keep the money invested is also among the most crucial things that will need to be decided with care and a lot of caution. If you want to invest your money for short term to midterm then the timing becomes even more vital. Please bear in mind that the overall returns on investment that you can expect will be hugely dependent upon the timing.
The ideal situation for you will be to invest your money in the bullion market when the prices of gold or silver are as low as possible. The other aspect of this process that you must take into account is the expected increase in prices in the times to come. Please make sure that the probability of desired returns on your money is as per the amount of time for which you want to invest. If you fail to take advice from a competent financial or investment adviser then there is a possibility that the prices will increase after you sell or decrease after you. Both of these situations will be entirely unfavorable to you.