How would i invest in silver?

I want to invest $1,000 in silver. I don't want to buy silver itself (like in coins, bars) due to loosing money when buying from merchant and then loosing money when selling to a merchant. I was wondering if I could i buy a stock or something along those lines that I could buy and sell according to the price of silver at that time. My dad said something about futures (he also said they were risky). What would be the best way to purchase silver according the values at the time. BTW i would also like to be able to sell it easily according to the values at the time.

PS. sorry about the bad sentence structure, i am tired and mildly dyslexic so i don't feel like editing the sentences.How would i invest in silver?
I can only speak from my own strategy for investing. I use silver as a hedge for inflation not as a primary investment vehicle. If you are looking for quick money off silver many people use ETF's for that purpose. Because it is only a certificate it is easy to trade in quick manner. There will be fees for these also.

People who are hedging for the event of inflation will buy the physical silver. This is because many of the ETF companies may not hold actual silver. What they are selling is a promise of silver. If silver does come into high demand they may not be able to produce the silver for their customers.

It really depends on your own investment strategy. I would suggest getting the computer and really research which way you want to play the game. The best way to play any game is to know all the rules. Also read a book called "Margin of Safety" this goes into great detail about value investing.

Good luck to you.How would i invest in silver?
You would probably buy a silver ETF as a futures contract is for a big pile of silver. Here is a list and you can research the differences. SILV, the iShares silver ETF, is plain vanilla and (I believe) the most liquid. http://etf.stock-encyclopedia.com/catego鈥?/a>



Good luck!How would i invest in silver?
I think you cannot buy $1000 of silver..In US, minimum is around $ 24000 per contract if i am not mistaken..

It is this high because the government believes silver is overvalued
The futures market or commodity market is basically too complicated for simple owning silver. The futures is a trading market where you would be responsible for selling or buying the silver as a silver business or trader. You need to always cover a contract margin. The term futures means prices in the future, not an immediate buy. That is your contract is to buy the silver at a fixed price. You have $10,000 and will use it for the sliver. If the price of silver goes down to $8,000, then you will have to buy $8,000 of silver for $10,000. If you have a contract to buy the silver and it's for a lower price than the actual price at the purchase, If you decided you didn't want to do the trader/price contract, then you would still have to take delivery of the physical silver. There is no other way to own actual silver, than to posses it. There are ETFs that mimic the prices of silver, still you only have the product instrument that mimics silver. Below you will find a list of Silver ETFs

SLV iShares Silver Trust $36.03 1.78% $11,985.59 57,399,400 21.50% $30.91
SIVR ETFS Physical Silver Shares $36.74 1.85% $669.82 868,425 21.77% $31.51

AGQ ProShares Ultra Silver $188.54 3.63% $1,025.80 2,245,470 23.20% $167.39
ZSL ProShares UltraShort Silver $17.13 -3.74% $586.95 11,327,100 -58.02% $50.77
DBS PowerShares DB Silver $64.76 1.82% $197.82 203,514 20.97% $55.64