Gold is not just for ornaments, it is also for investments purposes.
1. An old fashioned way to buy gold is to buy in the form of ornaments i.e. jewelery. The risk from buying gold from jeweler is that you might never be sure of the purity of the gold.
2. Many reputed banks sell gold coins and gold bars that come with the certificate assuring about the purity of gold that you are buying.
3. ETF- gold in paper form trading on exchange, Exchange Traded Funds are instruments that are traded on stock exchange. The advantage of paper gold is that you can get rid of it anytime and buy more whenever you want just by calling your stock broker.
Whichever form of gold you find that suits you is worth investing.
Worst case scenario- you can always consume your gold by using it as an ornament and getting some satisfaction out of it.
:SugarwareZ-297::SugarwareZ-297:
1. An old fashioned way to buy gold is to buy in the form of ornaments i.e. jewelery. The risk from buying gold from jeweler is that you might never be sure of the purity of the gold.
2. Many reputed banks sell gold coins and gold bars that come with the certificate assuring about the purity of gold that you are buying.
3. ETF- gold in paper form trading on exchange, Exchange Traded Funds are instruments that are traded on stock exchange. The advantage of paper gold is that you can get rid of it anytime and buy more whenever you want just by calling your stock broker.
Whichever form of gold you find that suits you is worth investing.
Worst case scenario- you can always consume your gold by using it as an ornament and getting some satisfaction out of it.
:SugarwareZ-297::SugarwareZ-297: