Today finance is one of the important things that shall be given attention. This is recommended because over the period inflation keeps on rising high. There may be no end to this and hence all that can be done on our side is investing wisely. Investments are generally done for secure future with present hard earned money. Therefore it is very important you make an investment which get you guaranteed return. Investments are of various types which include fixed investments, low risk, high risk investments and so on. Well, if you start to compare every type have its own advantages and disadvantages. However once you decide to make an investment then there shall be no looking back. One of the best recommended ways which is a low risk investment type is investment in the gold.
Why invest in Gold?
Well, there are numerous reasons why one shall invest in gold. When one looks for an investment surely an individual would want to go for low risk investment with high profit. But only high profit is not sufficient. Along with high profit it is very important to have guaranteed profit. Guarantee is very crucial when you think put in large amount of money.
• Most vital advantage of gold investment is that gold is metal and hence is not going to degrade with time. It will remain same however it prices keep rising with time.
• Secondly gold investment can be done on small to large scale depending on your capacity.
• There are many investment schemes wherein you can get your gold investment cashed. This will eliminate chances of you getting in any financial troubles.
• Another thing that gold would help you is to get good chunk of loan. It can be used as security against loan.
• It is no doubt low risk investment which reduces any risk of suffering from the losses.
• Gold is highly precious metal known all over the world.
What does statistics say?
Statistics play a very important role when it comes to making an investment. There number of predictions also made for future prices based on the statistical data. Data is generated based on facts and figures of previous years. Gold prices increased by almost around 27 % in the year 2010. These prices are on continuous hike to date which clearly indicates that it is high profit no loss type investment. In depth study of statistics says that these prices would rise by few ounces more in near coming year.
Compare stock market investment with gold
Stock market as we all are aware is big place to invest. The profit solely depends on which stock and shares you would make invest. However, stock market is volatile place with lots of ups and downs. It is rarely steady. There cannot be any kind of accurate predictions made about stock market however gold investment is much safe place. For instance, gold prices hiked about 27 percent in year 2010 whereas the stock market moved only by 11 percent.
How to invest?
There is no hard and tough rules for gold investment. It is very easy. Simply buy the metal either in the form of jewelry or in the form of bars. This is good security that can be kept with any financial institution. It can be used as an ornament. It still would be investing your money at right place. This asset is something that cannot be spent easily which is very important as cash can prove very much volatile. Money in form of cash can be easily converted in to gold which would prove much profitable than any other kind of investment. It is a long term investment.
The right place to know about the gold prices is at the wholesale group whereby accurate price is quoted. Retail prices are always higher than the whole sale prices. Hence one shall always opt for the wholesale price but while buying one would be charged retail price.
Criss Derek is very well-known financial advisor on gold investments. Metal which are precious needs to studied closely and his years of experience help us to evaluate the pros and cons in much effective manner. Indeed her immense knowledge about the Wholesale gold proves lot beneficial.