When seeking to make an investment with a high profit potential, many people turn to the stock market. It is certainly true that shrewd stock investing offers the potential for record breaking profits, but the opposite is also quite true. As far too many investors learned during the recent global economic crisis, stock market investing can also cause significant losses. One form of investment that was not hit in this manner, however, was gold. The price of gold has risen almost twenty percent in the last year alone, making it an excellent form of investment for people looking to lower the risk involved with their portfolio.
Archive for February, 2010
You may have had to memorize the former U.S. presidents in history class. It’s hard to remember all of those names, isn’t it? However, what if you had a coin collection that had every U.S. president in history and an image of his smiling face? This is what the $1 presidential gold coin collection does.
It is hard to know how to invest one’s money, especially when the economy in the country seems tumultuous at the very best. Investing in a stock market or any industry that seems unstable often may be something to shy away from if you are looking for safety and stability. What options do you have when you want to know that your investments are protected?
Some investments are inextricably tied to the markets on which they’re sold. For instance, stocks and bonds purchased on Wall Street must also be sold on that same market. Those who invest in small stocks which are not traded on Wall Street sometimes learn a harsh lesson because of this. Other investments are tied to other markets, such as the currency exchanges or the commodity exchanges. There is a large market for gold, which is commonly held as gold coins, ingots and in the form of jewelry, which has endured the ups and downs of many markets.
Because one is probably never going to see an actual gold coin in circulation, many individuals don’t know their actual value. The fact that they are stamped with denominations makes this a bit more confusing. After all, any amount of gold large enough to be handled comfortably would obviously be worth much more than the $10 that some of these coins carry as a face value. The valuation of these coins starts with the metal.
When you buy gold bars, you’ll have various options that you can choose between, so the options that you decide to use will depend largely on your preferences and needs. Before you go ahead and buy a bar, you should look at the possibilities offered by ten ounce bars. There are three main reasons that you should check out these bars instead of other sizes: portability, convenience, and price.
There are many reasons why people choose to collect any variety of items. From stamps and baseball cards to vintage cars and coins, people are seeking a number of things from their collections. In any collection, the most prized pieces will be those that offer both aesthetic and monetary value to the collector. This is certainly as true with gold coins as it is with any type of investment.
As new numbers for joblessness and housing starts hit the presses, it is becoming clear that the economic recovery being touted by the talking heads is simply not a reality for millions of Americans. Instead, they are faced with falling incomes and even greater job insecurity. As a result, you may be worried about your own fiscal future. This is why gold investment is a better idea with each passing day.
As with most other investments, a gold investment will bring you a better return if you time it correctly. Buying and selling gold to make the biggest profit is really an art form, but you can learn a lot from just a few simple pieces of advice. Really, choosing when to invest in gold will depend largely on what your investment goals are and what your current means are.