Buy Gold Coins - A Good Investment For Everyone by John Taylor
Conventional wisdom tells us that there are three different kinds of investments; stocks, bonds, and cash. But what if I told you there was a fourth, safer type of investment, and it was one that any one could do with relative ease. Add to that the fact that it is currently producing expected returns of 30% or more, and I'm sure you would be interested. The fourth type of investment is gold - or to buy gold coins to be more precise.
The stock market can be a very scary place for those who know next to nothing about investing, especially in these turbulent times. Depending on which type of investor you are conservative, moderate, or aggressive, different types of investment may, or may not be for you.
Conservative investors traditionally invest in cash. This doesnt necessarily means dollars and cents, rather it means that they put their money in interest bearing savings accounts, money market accounts, mutual funds, US Treasury bills or Certificates of Deposit. These are very safe investments that grow over a long period of time and are considered low risk investments. The bad news is that, naturally they do not offer very good rates of return in the short to medium term. If you buy gold coins, however such as Krugerrands or Gold Eagles, you also have a very safe investment. Over the long term, gold has never fallen, and currently is enjoying one of the best periods of growth ever.
Moderate investors, by contract, often invest in a mixture of cash and bonds. They may also dabble in the stock market, depending on the current run at the time. Moderate investing favours low or moderate risks such as real estate - of the low risk variety of course. The problem with this type of investment is the cost of entry - buying a house is not cheap, and mortgages are increasingly hard to come by! Gold coins by contrast are relatively cheap and widely available. The do atrract a small premium over the spot price of gold, but if you buy with care from a site such as EBay you will not incur dealers fees, thus making them a very attractive proposition. They appeal to moderate investors as they offer a very attractive rate of return that increases well over a longer period of time.
Finally, aggressive investors commonly do most of their investing purely in the stock market, which is higher risk. They also tend to invest in business ventures as well as higher risk real estate. This type of real estate speculation can produce spectacular returns,and can also, in the case of rental properties provide a long-term residual income. In some cases, this works out just fine, and in other cases, it doesn't. It's a risk. Again, gold coins are attractive to aggressive speculators, especially in such a bouyant market. With projected appreciation of up to 30% within the next 12 months alone, those investors with large sums of cash to invest could do much worse than consider buying Krugerrands, Sovereigns, Gold Eagles or even antique Doubloons as short or medium term investments.
So as we can see, it is very important that you learn about the different types of investments, and which type of investment best suits your personality. Understand the risks involved, and pay attention to past trends as well. History does indeed repeat itself, and never forget the value of investments can go down as well as up!
If you would like to take advantage of the rising price of gold in a simple, fun and attractive way, then consider buying gold coins as an investment. For a large selection of Krugerrands, Sovereigns and other types of gold coins, head over to http://www.buycheapgoldcoins.com and pick up a bargain today.
About the Author
John Taylor writes regularly about business related topics. I hope you enjoy this article.