If you are planning to invest in gold-backed stocks, then congratulations because you know that gold is a worthy investment option and you know the importance of precious metals in this world of fiat money.
There are many ways one can invest in gold. When there are many options in front of an investor, it is hard to make a good choice. People often feel ‘taken’ by the gold dealers and make stupid mistakes while investing in gold. This article tries to explain how gold investment works for people from different financial backgrounds. Let’s analyze some of the popular ways in which people normally invest in gold and which is better for you. Jewelry If you are … Continue reading “The best ways to invest in gold”
The financial world is confusing. It is hard to spend and save at the same time. When you ask the experts, the unanimous answer that comes from them is to not save but invest your income. It is not easy as it sounds. Let’s say you earn 20000$/year. It would be stupidity to put it in a bank and wait for it to grow. Why? Inflation, that’s why.