Investing in gold
Posted on Nov 7, 2000 08:15:27 AM
How to keep your savings from inflation? Surely this thought came to anyone who has even the remotest idea of the economy. In addition to the deposit in a bank, mutual funds and bank funds can invest in proven gold for centuries. It is too early to say that it is truly “golden” times, however, invest in this precious metal in the long term can yield a decent dividend.
Banks offer customers four ways to join the gold. Which are suited to a conservative strategy, which involves active participation of the investor in the gold asset versed D ‘.
It is generally accepted that gold – the lot of adherents of a conservative strategy: the risk is small, but the yield is low. Not that mutual funds, stocks or other risky instruments. That’s just the beginning of 2007, no mutual funds, or “blue chips” do not yield to investors of positive emotions. Almost everyone who has invested in them in the red.
Another favorite tool Russians conservation and enhancement of assets – real estate, but she is not happy in the conditions of stagnation. They began to fall in autumn last year, prices for Moscow apartments, so can not stay still.
You can, of course, wait and hope that, as said Bender, “better times will come soon,” and can reverse the unfortunate trend, to draw attention to the “timeless values” – precious metals, and especially gold. Sum to invest in it requires little, and profits in the case of literate approach completely block the inflation.
The most accessible and understandable tools for these investments offer the banks, which you can buy bullion or coins, to have a depersonalized metal accounts or invest in the general funds of bank management. The main thing – to decide which tool to choose: one that would “buy and forget for a long time, enjoying the presence of” under the pillow “shiny metal, or to risk and, like the speculators in the stock market to play with the gold on the exchange rate differences.
Although it was formed in the minds of ordinary people stereotype that gold – it is stable and low-risk investments, competent investor it is important to understand: whether to invest their savings in it right now?
Judging by the estimates of analysts who specialize in this market for “gold” investment is the time. Oil prices on the eve of another summer driving season retain considerable potential for growth, thereby increasing importance in the eyes of investors to the precious metal as a hedge against inflation. Analysts at FIBO Group in this year’s expected increase in gold prices up to 730-750 dollars per ounce, and in the long term – up to $ 850.
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