Gold For Long Term Investment
64There are many types of investment. I am interesting with gold investment. My friend suggested me to invest in gold. Because he had success now, when other was sad because their money lost in stock but he can smiling. And I interview a little about gold investment to him. He said gold is a long investment. Basically the cost of living needs for goods and services increasing every year. With saving the gold mean we have to protect ourselves from the increase in goods and services. It shown as an example the exchange of gold for bank investment.
If we look at the price movement of gold, from year to year always increasing. don't expect the gold price will fall again.The decrease in selling most all-out (sell off) 30% of the highest peak a general correction 5%, down 10% if it is just temporary and it will increase again. Keep in mind that gold prices can't be broken down to zero. Try
to remember the longer you keep the gold, the gold price wouldn't be getting
cheaper, but will raise and gold is the best protectors of our economic
disease. Such as deflation
(falling goods and services due to a stronger currency), inflation (goods and services rose out of control
because of the weakening currency). Remember gold is the currency used by ancient people.
The key of successful people are those who can put aside the benefits of work and invest properly. They could maintain the glory with peaceful in life until the end of life.
My friends also told that another solution beside stocks, bonds, property, deposits, try to guy gold. This purchased in accordance with your finances, abilities, and your investment goals. Gold is the choice for investment. Know entire the world facing the global economic crisis. There is a few option for money owners. Capital markets are still volatile. as well as investments from inflation or a decline in value. Gold is not suitable for investors who have a hobby make a profit from trading. Gold investment is more suitable for long-term investors. Especially for investors who don't have enough of knowledge.
Tips investing in gold :
- Don't buy when the price bubble (overvalued), which the fluctuations price doesn't reflect the actual values.
- Don't sell the gold if we don't need the urgent funds.
- Recommended store for a long time, open for short-term trading
gold investing profits :
- Protect the assets from inflation
- Still give the profit and also growth
- Minimum risk
- Liquid (easy to sell)
The history proof that Crisis on 1970 until 1980 the gold price increase up to 2,400% in the ten years. Asia crisis on 1997 until 1998 in one years the gold price increase up to 600%. Type of gold we can invested like gold coins, gold bars, jewelry. all types have a plus and minus value. But the risk remains. The most secure, the gold is stored in a safe deposit box at a bank. almost all banks have these facilities.
I think there are many investment expert and stock trading expert as a member of Hubpages. But I hope this hub give a little benefit for us. I want hear the opinion about gold investment in US. Would you share with us?
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Gold (and real estate) are the only things I have that did not lose value - in fact they grew more than stocks, bonds, mutual funds, 401k etc. etc.
The good thing about gold is that I can always get an emergency loan against the value - and it's nobody's business but my own.
But American gold is garbage - it's 14k whereas Africa and India believe in 18k and 22k.
If you sell gold scraps separate your quality gold from the 14k to get a better deal.
Thanks for the hub!
Gold may make you money but nothing is certain.
Gold is one of many things that should be considered.
I agree with when to buy and where. Gold you want to buy when the economy is high and therefore the gold is low. Then you have something to sell when the economy is low like at the moment and it fetch a good price if you are in need of money.
Gold fetches a luxurious price anywhere anytime. It might slip down just a bit when economy shoots up, as said by Hello, hello, but you'll always win because I can surmise from your hub that you are an intelligent gold trader.
Hello prasetio30 ,
I got these questions for you : Since gold is most suitable for long term investment, how would we store the gold we bought?
Are there companies offering services to store our gold in a safe place for years?
Would they offer insurance?
Anyway thanks, appreciate to share this hub
Good day prasetio30 , yes actually you did write in the hub, I guess I missed out, sorry.
Thanks for your kind reply.














DiamondRN 2 years ago
Gold prices are cyclical. A serious longer-term investor in gold should wait for a pullback; otherwise he would be buying in near the highest price. An investor's goal is normally to buy LOWER and sell higher. Patience would probably be in order at this point in the market cycle.