Buying Gold
ByI have been into buying actual gold coins and bullion for years now. Why buy gold? Besides it really is a good investment just having the actual gold in your hands gives you a little more peace of mind. Figures of your money on paper is just that paper and ink. Paper and ink isn’t money it just shows you how much you are suppose to have in that account. If something was to ruin where that account is at, your paper and ink won’t mean much.
It is just like having stock. I have invested in stock for years. Having “X” number of shares of stock is great but those share mean nothing except you own part of a company. Today it can be worth millions tomorrow nothing, you still have “X” number of shares but they have no value now.
Gold on the other hand, you have “X” amount of gold. Regardless of gold’s actual price on the market you will always have “X” amount of gold. Gold has been used as currency for thousands of years. It will be used for thousands of years long after paper currency goes the way of the dinosaur.
Think about it.