Gold, what springs to mind when you think of a big Gold Bar? I used to imagine this beautiful looking Gold bar hidden and secured away in a type of Gringotts Bank Vault and only the ultra rich could gain access to and invest in! However this is not the case and the good news is that we can all begin benefiting from the incredible returns that Gold has to offer.
GOLD AND SILVER ARE MONEY... EVERYTHING ELSE IS CREDIT. J.P MORGAN
I believe investing into Gold is an asset every investor should be considering. By building Gold into your portfolio, not only will you see sustainable growth but you are also purchasing somewhat of an insurance policy if you ever needed to physically trade or to liquidate into cash.
What Ways Can You Invest In Gold.
Buying physical Gold and taking delivery to then store within your home. Ideally within a secure safe bolted to the wall. (or perhaps a very large hole in the garden with an X marks the spot)
Buying Gold through an ETF fund (Exchange Traded Fund)
Buying physical Gold and paying a company to store within their vaults. However there will be a monthly or annual fee for this service.
Using a spread-betting account which is considered a slightly riskier approach.
THE DESIRE OF GOLD IS NOT FOR GOLD. IT IS FOR THE MEANS OF FREEDOM AND BENEFIT. RALPH WALDO EMERSON
What Bar Sizes Should You Be Buying?
I personally recommend purchasing a mixture between 5g and 10g Gold Bars.
Why not big bars?
Big bars do not offer the divisibility that smaller ones do. When you sell a big bar, you are liquidating a sizable investment. It is more practical to sell multiple smaller bars to exchange the exact amount of gold for the exact amount of currency you need.
Big bars can limit who you sell to?
For big bars there are fewer potential buyers. Not many investors or sellers can afford to buy a 100-ounce bar in large quantities. If you have smaller sized bars, you have a greater pool of customers and will find it easier to sell.
What are the bonuses of buying big bars?
The advantage of buying a large gold bar is that the premium will be smaller. But you lose these other advantages when you purchase the biggest bar you can. Wealthier investors could buy a large bar, provided they also have some bars denominated in smaller weights.
On the other hand, premiums on smaller gold bars are slightly higher, but they are still more affordable.
Summary in why you should diversify and invest in Gold.
Gold Is Money
Gold Investments Cannot Go Bankrupt
Gold Investments Act as an Inflation Hedge
Gold is a Tangible Asset
Gold is Highly Liquid
Gold Requires No Specialised Knowledge
For Portfolio Diversification
Gold is a Global Currency
Gold is an Insurance Policy
Credible Sources to purchase gold:
I hope you have enjoyed this blog.
Aaron Knightley
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