Think again... GOLD?
It's not a passive investment unless you decide to buy gold equities or other forms of the metal besides physical gold. Like a stock or bond, a "passive" investment still has the potential to generate income for you through interest and/or dividends. Selling actual gold is the only way to make money from it.
Given its great value, physical gold needs to be kept in a secure location. Most likely you will incur storage fees should you choose remote storage for your bars, ingots, jewelry, or gold coins.
Prices may increase when demand for gold increases. If you buy gold during these times, it might not be such a good thing since the price of gold eventually levels off again once demand spikes.
You risk paying a markup that is more than usual if you are not vigilant about where you get your gold. Although this isn't exactly an "issue" per se, it is a potential disadvantage to be aware of.
The main financial benefit of gold is that it typically works well as an additional layer of insurance against inflation and economic uncertainty. Even when other economic situations aren't doing as well, gold has a lengthy track record of doing well and remaining steady.
Gold may frequently be converted into money pretty easily. In actuality, gold comes with a high level of liquidity.
Gold has historically had extended periods of value stability. Even when gold prices fall, the overall value typically doesn't decline to the point where it becomes a less appealing store of wealth.
Typically, it's not too difficult to locate a buyer willing to make a reasonable offer.
All around the world, gold is valued and respected for its worth.
😍#ilikeitalot!😍
Gold and Silver Stacking is not for everyone. Do your own research!
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I am not a financial adviser. This article is not meant to be financial advice. My articles on cryptos and precious metals share my personal opinion, experiences, and general information on cryptos and precious metals.Thank you for stopping by to view this article.
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I post an article daily. I feature precious metals every other day, and on other days I post article of general interest. Follow me in my journey to save in silver and gold.
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The advantage of gold
Forever money!
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Gold is really a good Investments without doubt and I appreciate it a lot.
A mainstay! It should be part of everyone's portfolio.
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Gold has been valued for over centuries. It remains a store of value for majority of the world. Totally agree with you that physical gold is a great investment. I wished markup is not that high or I would be buying !LOL !PIZZA
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A toothbrush works much better.
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!LOL
The majority of my purchases on a monthly basis would be fractional gold because my budget couldn't handle it. You could save up and buy an ounce when you have the full amount, or do as I do, save up for the full ounce while buying a little bit of gold monthly.
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You'll strain your voice.
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I gifted $PIZZA slices here:
@pixresteemer(2/5) tipped @silversaver888 (x1)
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Please vote for pizza.witness!
Gold can never depreciate but s good Investments to have.
It will always have value, @micheal87!
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Ms. Saver once She Starts her new work week......... @silversaver888
!LOL
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Elongate could be really drawn out.
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!LOL
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But he hesitated.
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Ms. Saver @silversaver888
888 in GOLD...........
!LUV
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I want that!
!LUV
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Physical gold is an asset in as much as one can recognise the authenticity of it.
I don't have a physical gold though but I trade it as a commodity, at this time of writing gold is bearish as a corrective way for more bullish trend
Maybe you would have... someday!
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That's right friend @silversaver888, the one who can get it and keep it is great, it helped me to get out of trouble, as I said before is little what I have left and what I have I don't want to sell it. I hope I can keep it, there is a ring that I want to give to my daughter when she graduates from college as an architect, she is studying architecture, it is the ring of my graduation at the university. It's a pleasure to be here. Hugs and greetings...💕
Yes, you've proven it first hand, It pays to have precious metals, @dayadam!
!LADY 🥰💕
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Gold is a great investment,a lot more better than crypto
If you don't hold it, you don't own it!!!
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The physical Gold is better to store. Then you can sell anytime, it's light to carry !
Very true, @olympicdragon. Very true!
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Yep, gold is valued all around the world 👋🏻😊
Good morning dear @silversaver888 ☀️
Have a beautiful Monday.
Bigg huggss 🤗🤗
!LADY 🤗🥰🌺🤙🏻
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In all 7 continents, gold is valued, @littlebee4!
Is Tuesday afternoon, on my coffee break. It is great to greet you, my friend!
A big hug🤗
!LADY 😍🌺🤙
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It is 👋🏻😊
Enjoy your coffee break @silversaver888 don’t work to hard 😉
Here it is just past midnight and time to go to sleep 😴😴😴
Have a wonderful day further…
Something magical happened, I became a dolphin 🐬 yay… in 11 month 🎉🎉
Good evening for later…
Bigg hugg 🤗🤗
!LADY 🤗🥰🌺🤙🏻
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Ms. Saver a little PIRATE Gold and Silver to start your Week off With ! @silversaver888
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Wow!!!
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I Wonder if He has a Silver Saver Bar ??
Ms. Saver @silversaver888
Gold always been gold
Hahaha, forever!!!
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Yeah, a need to get a little Gold, too. Thanks again, SILVER SAVER - @silversaver888.
Yes, @cve3, in time!!!
Thank YOU!
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With the insanity and turmoil that is going on in the markets and economy right now I would be curious to find out how many Crypto individuals are; seriously considering, now shifting, or have already shifted to Gold & silver, either in whole or in part.
Always, with love 🤗🌺❤️
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I got back into the metals just in time and I think we are likely to see some explosive growth in the near future once more people realize what we going to with blockchain and a cashless society the metals will shine
I still have my crypto... losing, losing money, hahaha. Patience... maybe next year it will pick-up.
I don't know... most of them are not metals people, It's crypto or they invest in something else.
But my precious metals from Apmex:
!LADY 😍🌺🤙
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I still believe that Crypto and Precious metals are complimentary so it doesn't have to be just one or the other.
Besides being beautiful, gold is a wise way to store wealth. Diversity is wise for one should never have all their eggs in one basket, so to speak. I for one, will never be without it. Thanks for sharing sis and have a lovely evening!🤗😘💞🌸 !LADY
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Yes, keep diversified! It's the only way to keep growing despite the trends!
Hugs and kisses, sis🤗
!LADY 😍🌺🤙
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🤗😘💞🌸
"The main financial benefit of gold is that it typically works well as an additional layer of insurance against inflation"
You are spot on @silversaver888 , and it is always real money , even in crypto bear markets!!😀🤗
And the key word is "additional", hahaha. Just because I focus on silver and gold in my blog doesn't mean it is only silver and gold, hehehe!🤗
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Absolutely correct @silversaver888 !😀
Diversification is very important. I learned that a long time ago.....😇
!PIMP
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You must be killin' it out here!
@silversaver888 just slapped you with 1.000 PIMP, @silvertop.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/1 possible people today.
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