Are you looking to invest? Gold is a very viable and essential aspect of successful personal investing. The question is how much do you invest, and what is the best gold to buy? Discover more about buying gold in this latest article designed to help you find successful personal investing.
Throughout humanities history, the wealth builders have always done something of importance, and that is to have a personal portfolio of wealth assets.
Today it takes the form of real estate, stocks, and bonds, however there is an element that needs to be remembered and that is gold.
Gold is totally different than real estate, and stocks. The value does not have volatile pricing, and is a very stable thing indeed. In fact it is more stable than the currencies, and safer than currency.
Having some form of gold is a wise decision. So how much should the level of investment be? Should all the investment be made on gold?
Investing all your money into gold is not a wise idea, as it doesn’t go up much. Gold is a safe investment, and means that you can have protection.
The wise figure is to have 5% of your net assets as gold. So if you have assets of $1m. You will be wise to invest $50,000 into gold.
This is a great strategy to protect wealth, in a safer and less volatile environment. So how do you make this application?
First realize that buying a $50,000 block of gold is not the best idea. In fact it is more better to invest into many small gold bars, coins, and even jewelry. Though remember that jewelry may have a premium because of work on it, rather than just the gold factor.