If you are looking for a reason to invest in gold, the first question to ask is whether this metal brings an interesting return. The answer is yes, it can even reach +18%, as observed in 2019. A rate of return on gold that was confirmed the following year making this investment one of the most profitable. Physical gold allows you to take your first steps into the world of investment while guaranteeing the security of your savings.
Buying gold in 2022, too late to start?
The world is divided into two types of investors:
- those who will prefer to follow the current trends, which understand investments, which meet the craze of the media and social networks in the image of the crypto currency that crystallizes most topics on the theme of savings management ;
- those who are looking for financial assets that do not necessarily attract the masses, but that pay off in the long run. This is the case of gold if one invests skillfully, without rushing.
Today’s gold investment is the one favored by the experts, but it continues, however, to put off beginners. Buying gold jewelry is a first step to get your hands on this sector. If these are not the most profitable for a significant increase in value, they are the most affordable for neophytes. A control on the quality of the metal allows to guarantee its investment for a resale of gold in the short or medium term. To understand why you should invest in gold, even if a first purchase can help you diversify your savings, we will compare different investments to help you make a decision.
Buying gold or real estate?
There is no such thing as the best investment, you have to choose the one that best suits your investment profile. Risky or not, stable or changing… at this point, you need to know how you want to invest your finances. If it is not always obvious to compare gold or real estate, there are common points. Buying an asset in the same way as the precious metal is very attractive. It is therefore very easy to resell your asset. Both offer you a vision over several years in order to prepare your retirement for example or to finance a more important project. However, real estate investment has its drawbacks, of which gold is exempt. Crises have a direct impact on housing prices and rents which can devalue the value of the property. It is also the need to find a more substantial starting capital thus increasing the risk taken. The purchase of a property can lead to the subscription of a real estate loan, which can put you in a more complicated financial situation.
Investing in gold or platinum?
Gold is a noble metal that has been used in trade for thousands of years. Platinum is also valuable, but unlike gold, it is available in smaller quantities, causing its price to skyrocket in recent years. Less popular with investors and consumers, its price is twice as low as that of the yellow mineral. Count 900 euros for an ounce of platinum metal against 1 650 euros for 31 grams of gold. Investing in platinum gives you the opportunity to choose a metal that is likely to increase in value in the future, but which remains far behind its colored counterpart, if you compare its attractiveness.
Gold or diamond, which to choose?
Among the most expensive precious metals, diamond is in a very good position. It is therefore natural to ask the question, whether investing in diamonds is profitable. Gold is an exchange value, which is not the case with diamonds. The difficulty to ensure the purity of the stone is one of the reasons. The advantage of increased stability over previous decades, however, places it among the investments to watch or ideal for varying one’s investment portfolio.
Should I buy gold?
The French own more than 3 tons of gold. This is a considerable figure which shows that buying and selling gold still has a long way to go. The economic context echoes with regard to the savings of each individual, pushing them to look for new sources of income or solutions to protect the existing. Investing is not always an easy decision to make, especially when it comes to investing your first euros.
However, making your money work is a major concern in our modern society. With salaries constantly stagnating, investing in gold is profitable if you know how to keep it when it is sold at a high price. It is also a safe haven for those who wish to move their money to a bank account. Gold is very easy to keep and provides both financial and psychological security.
Why Warren Buffet won’t invest in gold?
Too late to buy gold or not?
Never. In fact, the trend is quite the opposite. Its scarcity in the ground and the growing demand make gold one of the most sought-after metals for investing money. History has shown us that it has been able to resist all crises, whatever their nature. It is not the only investment, but if we had to keep only one, it would certainly be this one. Gold has many advantages, whether you are a beginner or an experienced investor. The possibility of buying gold on the internet via secure sites such as monpatrimoineor.com, allows you to invest quickly with offers corresponding to all budgets. From a few grams to the purchase of a pure gold ingot, it has never been so easy to make your savings grow. Follow the advice of our online experts and let your savings benefit from an investment that pays off. Don’t play with your money, invest it!