Gold Coins or Bars for First-Time Investors
Choosing to invest in gold at first may seem like a crossroads. You are not alone; gold has always been a wealth and economic risk insurance, but your decision counts. Should it be gold coins or gold bars? They both have their respective implications on cost, liquidity, storage, resale, and even collectibility, which a first-time investor needs to consider before committing their hard-earned money to physical bullion. This blog will explain the requirements to enable you to make a wise decision that meets your financial and comfort-level objectives. Why Gold? A Quick Investment Primer Gold has been used throughout the history of civilisation as an indicator of wealth, yet in the modern context, it can be used by an investor in a rather practical way: Wealth preservation : Gold has traditionally maintained its value over an extended period of time, particularly in inflation or volatile markets. Diversification : Gold does not act in the same way as stocks or bonds, which is beneficial i...