My mother always tells me, even to this day being a grown adult, ‘there is a time and place for everything.’ And it couldn’t be more true, queue the rolling eyes and why is she always right face. Times have changed and are increasingly so, it is time to take care of our futures and that of our upcoming generation.
Our kids may not understand all the gist of it right now, but having something of physical value is as important as having it in a bank account or investment offshore somewhere.
So how do we know where to put our money? In a gold brick of course, but if you’re like me who isn’t exactly rolling in the bling, then a couple of gold coins and bullion https://en.wikipedia.org/wiki/Bullion will suffice.
Gold, besides being all pretty and shiny which is what appealed to me in the first place much to my husband’s disgusted expression, is the fact that its value seldom goes down, and essentially increases when the stock markets plummet to the ends of the earth making a large chunk of the population cry and crawl under the covers.
So why gold of all things? Let’s take a closer look.
What is gold and why is it so sought after?
Most people may not realize but gold was first found in its native form of nuggets and flakes, not these perfect rectangle gleaming bars we like to think of that we see in the mobster movies.
Because this precious metal does not corrode or tarnish, it was for hundreds of years, and for sure still in some aspects in today’s society, regarded for those of royalty and portraying an ‘immortality’ of sorts above those less fortunate. The wealthy and upper class of social hierarchy was where the ‘gold shine’ was empowered.
We all have our reasons and opinions on the matter, some backed up by literal pieces of gold (any donations going?), so listen to what others have to say in this blog about why gold is still so valuable and get a different perspective on things, facts you might not have considered before.
4 Amazing facts about gold you probably didn’t know.
- Malleable. This metal is extremely malleable, meaning it can be hammered or ‘extended’ by the means of a roller or ‘outside influences.’ So much so that a mere ounce can be flattened into a 30×30 foot single sheet.
- Timeless. No condition is too harsh for this material, degradation by air, any acidic conditions or substances, or even moisture, and its resistance levels are through the roof.
- Ductile. Because it is so soft and manageable, one ounce has been known to be stretched and thinned out as far as 50 miles. Now that is some wire I wouldn’t mind getting my hand son, am I right?
- Rarity. A 69-foot cube is all it would take to house all the gold ever mined since the dawn of time, this shows us not only how scarce it is but why the value is never-ending even after all these years.
So you want to get on the gold train but not sure how?
When it comes to putting our money into something we want to have the surety that it’s not just a black hole and we are unlikely to see those funds again, and this is where doing your homework comes into play.
Many companies out there will offer you the world and the ‘best deal,’ but if you haven’t looked into it and done the research you are probably going to be taken for a financial ride. Boo. This is the last we want to happen.
To give you a leg up as they say and steer you in the right direction when it comes to all things gold, then be sure to have a look at this review on a company not only looking to help you get your step onto the investment ladder but one that comes with a reputable and reliable quality of service you deserve.
You want peace of mind, to know your asset value is going to hold when all else fails on the FTSE, and having your money integrated into gold is the best option for your security.
Make the investment now for ‘your’ future and your children’s future, and may it be a prosperous one.