ST. LOUIS, April 30 /PRNewswire/ -- Financial Blog, ChristianPF.com released an article discussing the pros and cons when it comes to investing in gold. Many consumers are interested in the idea of gold as an investment, but find themselves asking, "how do I invest in gold?". This article seeks to answer this question by offering six methods of gold investing.
An excerpt from the article...
What exactly is it about gold, that we should consider having a percentage of it in our portfolio? After doing some research I've found that there are five reasons why you might want to invest in gold.
- It provides a bit of safety - In volatile economic times, people may want to protect their investments by moving them into safer assets. Gold doesn't rely on an borrower's promise to pay, as in the case of a bond. This offers protection from default risk.
- To diversify - Diversification protects your portfolio from fluctuations in the value of a single asset, or a group of assets that usually move in a similar direction. Most portfolio's are only invested in traditional assets such as stocks, bonds, and money market instruments. Therefore, portfolios that include gold are generally less volatile than those that do not.
- To protect against inflation - The purchasing power of many currencies has decreased over time due to the rising prices of goods and services. However, over the long term, gold has kept its purchasing power. It's value has remained constant in terms of the real goods and services it can buy.
Read the full article: http://www.christianpf.com/how-do-you-invest-in-gold/
SOURCE ChristianPF.com
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