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Mistakes You Want To Avoid When Buying Gold for Investment!
1-Avoid buying proof coins if you are buying gold as an investment. Proof coinage means special early samples of a coin issue, historically made for checking the dies and for archival purposes, but nowadays often struck in greater numbers especially for coin collectors (numismatists). Nearly all countries have issued proof coinage.
2-Avoid European Coins
They are not worth the high price, dealers promoting European coins because they provide bigger profits and clients have no chance of making any future profit.
3-Avoid Investing in Exploration Mining Stocks
it’s so difficult to find a mine. Only one in about 500 deposits that they drill actually become a mine.
You can always profit from the long-term investment, Investors should take a longer-term investment of minimum 7yrs, you will do well especially if you put your money in equity mutual funds with a good in performance in different market cycles!…
A diversified portfolio should have the followings;
Gold and Cash are essential, Property Flipping for profit, Currency Trading, Property and treasury securities.