Today, that same investment would be worth $40,000 or more because the price of gold has skyrocketed over $1000 per ounce. Just to show you exactly what you are missing out on, here is something to consider: If you would have purchased 35 ounces of gold in 2000, you would have paid about $282 per ounce. That would have cost around $10,000. Your investments don\’t always offer you the protection that you deserve, which is why it is so great when you can get an investment that will earn a profit and help you protect your. Investing in gold is a great way to protect your future wealth, no matter what type of investing you do or how much money you make.
Liquid assets like gold, on the other hand, actually tend to appreciate in value during a recession. Therefore, investing in gold can be very helpful in times like these because it is a great way to make money in times of financial instability. Other investment opportunities, such as the stock market and retirement funds fluctuate considerably and depend on the economic status. Therefore, during a recession, such as the one that we are just climbing ourselves out of, investing in the stock market and retirement funds involves high risk and financial loss is almost certain. There are many reasons to consider gold as the investment opportunity of your choice. One of the main reasons is that the value of gold stays relatively stable throughout the years. This is an important characteristic, especially in times of a recession.
The global demand for gold is a constant thing, and there are no signs that this market will become stagnant or decrease anytime in the near future. Invest in gold today, and your investment of $5,000 or $10,000 can easily become a profit in a decade or two when your gold is worth 2-4 times what you paid for it. Of course, just because you\’re not investing in gold yet doesn\’t mean that you have missed out. You can still get in on the huge gold rush that is taking place and protect your wealth for the future.
If all of your money is tied up in stocks and mutual funds, you can\’t really hold those stocks in your hands or take them somewhere for safekeeping. With a gold investment, you can put it away for safekeeping anywhere that you\’d like, including offshore to protect it better as long as you follow the laws for storing your gold assets. Another thing that you are missing out on when you aren\’t investing in gold is having a portable, tangible investment.
There are plenty of different advantages to investing in gold. The market is hot right now and there really hasn\’t been a better time to start protecting your wealth with your own investments. The great thing about this investment is that you can buy gold whenever you want. Unlike stocks and other investments, timing isn\’t nearly as important. Start learning about gold investing today and see what you can find out. You might be surprised at just how useful of an asset this can be for you. If you\’re ready to start investing for your future, gold is a great investment option
With so many investments opportunities, it can be quite confusing choosing the right investment strategy. Let Inquest advise you the best path to invest in the market with confidence.