It's confusing out there in the world of investing. With the world in crisis, all we really know is that what we believe today may well be different tomorrow. Your retirement fund is probably looking dismal, if you're lucky your stock portfolio is only down about 40% from this time last year and your bank savings are worrying as they're only guaranteed to a minimal amount.
So, where to invest and what to do with what remains of your savings?
The answer to this coming from many investors and analysts alike is GOLD. In these times of crisis and uncertainty, gold remains strong. It may not have doubled and tripled since the crisis knocked the world sideways, but it has remained strong and remains a good reliable safeguard of our wealth.
But unfortunately it isn't that easy. Where to jump in? Investing in the futures market will maximize returns if the market go your way. It also leverages your position and makes the most of your investment capital controlling a greater amount of gold. However, many would stress the point that you are gambling to an extreme and should the market turn against you, then your investment could be wiped out. Gold may be our investment of choice but it has displayed some erratic fluctuations over the last few months. So, futures are possibly for the brave, well informed or foolhardy?
Something safer then?
Well coins are pretty and will look good as a collection. They will also increase in value based upon their rarity as well as the gold content, but you pay over the market price for the fact it's a coin, if you have a larger amount you're looking to invest it will be harder to accumulate and it's a very specialized field.
Gold stocks have performed well but with exposure to the stock market, a bad day on the Dow could dash stock prices as investors turn and stampede.
Private Equity or investing in smaller gold mining companies who have yet to list or are looking to be bought out by one of their bigger brothers is extremely interesting with possibilities of huge rewards, but it's a confusing area without professional guidance.
[expert=Michael_Elliot]
0 comments:
Post a Comment