I often wondered is it worth to invest in gold. Wondered till I really tried this kind of investment. Touching your own small gold bar is really awesome. Why is that? Firstable you feel that no inflation can cause drastic decrease of gold value. Second – you know it’s hard to destroy it, unlike paper money. There are many more profits that makes gold worth to invest in. Continue reading if you want to know is it worth to invest in gold.
Alternative investments which appeared on the world investment market in recent years caused confusion among investors. Once the best source of passive income were bank deposits but now been superseded by investments in gold. Here the interest rate is up to two times higher than the typical deposit known from the bank’s offer. It can reach up to 16%, but that’s not all we can gain by investing in gold but make even more on the differences of courses. It’s good to know that such investment is safe because we usually sign contract guaranting full refund deposit if the gold value decreases. An additional advantage of investment in gold is the fact that we do not have to worry about the storage of gold, as it would be if we buy physical gold for cash.
Ok, so it is worth to invest in gold, but how to do it? We have two choices, either buy gold for cash, or choose an investment in gold. When buying for cash you must keep in mind that everything falls on you, for instance, storage of gold in physical form, protecting it and keeping track of the course when to sell it with profit. This is not the best option, especially when we can choose the better one. Deposits are much more convenient way to invest in gold. All we have to do in this case is to select products, prepare the money and sign a contract. The problem of storage is up to dedicated institution dealing with this type of investment. Therefore you can sleep well and wait for the upcoming profits. You can follow rates of gold out of curiosity only. I think that it is smart to invest in gold these days.