Buying Gold: How Does Physical Gold Fare As An Investment?
Talk to any smart investment expert, and they will tell you that gold should be a part of a diversified portfolio. You can choose to invest in gold in various ways – Exchange Traded Funds, coins, bullion, jewelry and rare coins. As far as investment is concerned, you have to buy gold effectively, so that you can get the value that you want. Physical gold is always in demand is considered to be a great tangible asset. There are many dealers out there, who sell anything and everything from jewelry to rare coins and regular coins and bars, but how does gold fare as an investment? We have a guide below for your help.
The good aspects of physical gold
The need and lust for physical gold remain undeniable. No matter which part of the world you live in, you will find at least one investor who is willing to buy gold. ETFs don’t really have that kind of liquidity. You can always make money from stocks, bonds, and ETFs, but physical gold is tangible, and as long as you have genuine gold, selling it off is never a problem. Secondly, gold is always valuable. Even when the economy is not prospering, gold continues to remain in demand, and the prices never really fluctuate beyond a point. What makes the investment even more interesting is the fact that you can choose to buy as much as you want. The idea is to simply decide what you can spend, and you can do in a phased manner.
The other side
Well, physical gold is expensive, and storage could be a problem. For a smart profile, you shouldn’t be investing all your money in gold alone. It has to be a balanced act, and other kinds if investment are also necessary. You may also want to review and check the actual rate of gold, current marketing tendencies and fluctuations and take a call accordingly if this is the right time to invest.
Find an experienced, known dealer who can offer the best products and deals in physical gold on a regular basis. This is an aspect that must be considered, because we are talking of gold, which only holds value when pure. Ensure that you buy at least 22k gold for investment purposes. If you are buying jewelry, it has to be at least 18k, which is also is used for diamond jewelry.