Investment is important if you want to have financial security. Especially if you have long-term targets or your own business, then investment must be a top priority. Do not forget to always read the stock advisor newsletter so that you are always updated about current market developments Investructor.
The gold investment itself is still the choice of many people to prepare their financial future. Also as a way to diversify investment portfolios. For example, if someone wants to reduce the risk of investing in mutual funds, then he invests gold to continue to have reserve reserves. This is because gold is an international currency and can be a guarantee of protection for you. At any time gold can be cashed for various purposes.
Determine the purpose of investing in gold
In investing in gold, you certainly need to know when the right time to start buying gold. Before you decide when to start investing in gold, it’s good to first determine your investment objectives. Is it for long-term or short-term investment purposes?
Long term gold investment
For example, you want to invest in the educational needs of children in the next 10 years or for old age later, then you can buy gold at any time for this long-term investment purpose. The reason is, you have plenty of time to sell or cash this gold.
Investors also make the long-term gold investment as a diversification of their investment portfolio. Where investment diversification is a way to maximize profit opportunities.
For long-term investment, you can buy a certain amount of gold at once to save. You can also collect little by increasing the amount of investment each month.
Although the price of gold has a high chance of continuing to rise, you should also be able to estimate the calculation of the value of gold following the year of storage. With this estimate, you can determine how much you will invest.
For example, in calculations from 2008 to 2010, the average increase in gold prices per year was 20%. But from 2011 to 2013 the increase in gold prices annually was 10%, then in 2013, the price of gold fell again. Nevertheless, in general, gold investment still provides benefits because of rising prices that tend to be stable.
It’s a good idea, you pay monthly installments of gold. For example, say you buy 1 to 5 grams of gold a month to invest. Apart from not being burdensome this method also provides greater profit opportunities, because, in the end, you have a lot of gold accumulation.