Why Now Is The Right Time To Diversify Your Investment Portfolio
Every single investor would tell you it is not a good idea to put all of your wealth into a single investment; indeed, you should put your wealth into a number of commodities and they should never be set in stone. There are many external factors that could affect an investment. That means you need to keep an eye on various markets and prices, so you are ready to liquidate at any time before you take a heavy loss.
Stocks & Shares
Many investors put some of their wealth into stocks and shares, which is fine when the economy is stable, but the current pandemic has impacted global commerce, making markets volatile and investors nervous. If you have yet to add gold to your investment portfolio, not might be a good time to let go of less stable investments and put your wealth into gold bullion.
When looking for gold for sale in Brisbane or in your area, make sure to learn as much as you can about this precious metal first and only approach reputable dealers who have all the solutions regarding the buying and selling of precious metals. After searching online for a dealer near you, check out online reviews, among others, to ensure you won’t be dealing with unscrupulous individuals.
Gold Is A Top Performer
If you take a look at gold’s performance over the last 3 years, you will see the yellow metal has done well and more investors are tipped to switch to gold as we move into the first quarter of 2022. Growing demand for gold will see the price increase, which is forecast during the next 12 months. The discovery of new variants did not do much to please global markets and investors are getting cold feet, especially Forex traders who prefer to hold gold at such times.
Market Volatility
There’s nothing like market volatility to make investors have second thoughts about some of their investments. No one wants to experience a loss and having the foresight to see market drops in advance will enable you to move your wealth into other, more stable commodities. Share prices globally are falling as the pandemic refuses to let its grip go of the world and this sends many small investors running for gold!
Online Solutions
If you are ready to acquire gold as a form of investment, there are a number of formats available, which include:
- Gold coins
- Gold ingots
- Gold bars
Bars come in sizes ranging from a half of oz to 1kg, while coins are also in several sizes and you can either visit the bullion dealer’s offices to acquire your gold or buy online, whichever you prefer.
Collecting Gold Coins
Why not start a gold coin collection? 1oz coins like the American Gold Eagle, the American Buffalo, the Britannia, and the Canadian Maple Leaf are all pure gold and there are Australian Lunar coins that come as light as 1/20 oz. You could amass quite a collection over time and there are many gold coins that have been minted around the world.
The first two quarters of 2022 are predicted to see a rise in the price of gold, so now would be the ideal time to make an initial investment that will bring a good return and some peace of mind.
