If you have just started working, then investments may not be your first priority! You will be more focused on getting more extravagant gadgets, travelling to your favourite locations, or maybe shopping for the most luxurious brands. However, there is no good time to start investing! Experts say the time you have the money is the right time to invest. There are too many options to choose from when it comes to investments. You can go for Mutual funds, bonds, stocks, fixed deposits, etc. However, do you know the oldest investment option that exists to date?
Real estate and precious metals: Physical assets are the oldest investment known to mankind. Ever since times immemorial, our ancestors would invest in jewellery or advise on buying more and more land. They did so to ensure that despite the rising and falling empires, their family stays protected against all political and financial turmoils. The markets have evolved and the governance model to has changed drastically from how it used to be hundreds of years ago, however, physical assets still remain powerful in today’s economy.
While real estate may require too much investment, the other physical assets do not! Especially for someone who is just starting out in their career, it may not be a good option to get a property in your name, with heavy loans and gigantic debts to your credit! However, physical precious metals are a different story! To invest in physical metals, you do not need a giant corpus of money. Whatever you have saved can be put into physical metals. While some will tell you that investing in physical metals is outdated, here are six reasons why investing in precious metals is still a good idea:
1. Emergency cash
At times of financial crisis, your stocks and mutual funds would most likely fail and bear no benefits for you. Moreover, investments in something as huge as real estate wouldn’t safeguard you too because, at times of a financial crisis, nobody has the buying capacity. However, something as valuable as Gold or Platinum can still be exchanged for useful items.
2. More liquidity
Any other investment option that you could think of would probably come with a lockdown period. This waiting period to actualize or liquidate and withdraw cash from your investment makes it difficult for you to access your money whenever you may need it.Â
However, with gold, you get that flexibility. You can always sell your gold bullion or coin to your nearest buyer. Please note that before buying physical metals, it is important that you verify the authenticity of the seller. We would recommend going for well-established and verified sellers. To contact one, visit website!
3. You don’t need to be a financial expert
Before investing in mutual funds or even real estate, you may be required to research a lot. With financial assets, there is a lot of marketing and technical jargon coded into the policy wordings. If you fail to comprehend each word correctly, you may end up making a disastrous investment. However, with gold, no extra knowledge is required. You purchase gold at the market price ruling on the day of purchase, and later, you sell it at the market price available on the day of resale. As simple as that! For more information and advice on investing in precious metals, visit one of the many online specialists such as investmenthoney.com.
4. Your financial blanket during an inflation period
Inflation rates continue to hike up every year. What this means is that every commodity will get expensive. So if you purchase a precious metal today, it is definitely going to sell at a much higher price in the future. However, what makes this deal more profitable is that the mining and production of physical metals are limited. This means that their supply would still be limited, however, their demand has never been short. So, when inflation increases, the price of precious commodities increases multiple folds.Â
5. A safe investment
Mutual funds, bonds, stocks are all subject to market activity, and there is no guarantee of positive returns. However, when the stock markets fall, gold (being inversely proportional to the stock market) experiences a raise. This is the best way to safeguard your portfolio against all market movements and fluctuations.
6. It can always be refurbished
Gold, silver, platinum aren’t just investments, but they can always be used as jewellery.
We have this article has helped you decide on physical metal investments. Happy investing!
