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The Advantages and Disadvantages of Investing Gold You Need to Know

Spectr News Theme Eskanisa Ramadiani
05, August 2019
254

Have you read the previous article of simple guide to invest in gold? For some people, gold is an ideal investment to run because inexpensive and easy. However, there are some advantages and disadvantages of investing gold you need to know before you decide to run this good idea.

Prices of gold tend to be stable, is the first advantage offered if you are interested to do this investment. It can go well with the inflation flow. If they face inflation, it only happens for a moment, in contrast to currencies which have no intrinsic values and easily crumble by the inflation.

Along with that, some people also think gold is easy cash. Compared to other long-term investment like mutual funds, gold can be cashed as quickly as you need. However, the risk of losing it is quite big.

In other words, physical form of gold possibly invite crime. If your gold is not stored in a safe place, you risk to lose it. It is required to have your own safe deposit box if you do not want to rent that facility (safe deposit box) at bank. Every single gram of your gold is valuable.

Nowadays, you can find a lot of parties offering gold investment with tempting big profits. Gold in every single form, coin, bar and even jewellery is easy to fake. To avoid joining fake gold investment using fake gold, it is highly recommended to buy only in a trusted companies, such as ANTAM and Pegadaian.

 

Eskanisa Ramadiani
Eskanisa Ramadiani
Journalist
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