Choosing gold as an alternative investment option

Posted on March 31st, 2009, by admin

Alternative investments can help safeguard your wealth, especially during risky financial times such as the one we’re currently experiencing.

Which alternative investment is best? Well, in my opinion, investing in physical commodities is your safest bet, hands down. More specifically: put your money in gold.

Before we go any further, let’s talk briefly about the three piggy banks that I believe every investment portfolio should include (we’ll touch more on this subject later, so this is just a basic view):

  • Savings: generational wealth. Never to be touched!
  • Investing: the opportunity to increase your wealth. Here’s where you can take risks, knowing that if you lose this money, you can still put food on the table.
  • Giving: helping people less fortunate than you and causes you believe in.

Gold has excellent liquidity for times in need.  Plus, gold is even better when used as collateral for loans or lines of credit.  Any bank on the planet will accept hallmarked gold as collateral if you need money.  The best part about this is that you don’t have to sell the gold to get the money. You can use other people’s money (OPM) in times of need.  I will expand on this topic in the near future.

I have been recommending gold for the Investing piggy bank for several months as this financial crisis has been worsening. I put it in print in my advertisement in Unique Homes back when gold was at $725 an ounce.  And again in the following publication when gold was at $850 an ounce.  Now gold has topped $1000 an ounce and it is still going.  Many financial advisors with broker-dealers have been scratching their heads and just don’t get it.

Don’t they understand that is a 27.5% return?  Ask yourself this: how much money did your advisor make last year when many portfolios lost 27.5% or more? Do you realize you will have to make a 55% return (double) to fix what they lost you last year?  You could be on your way to doing that with gold.

Gold is still an excellent investment for your investing piggy bank and, worst case scenario, you can transfer it over to your savings piggy bank down the road.  There are still many gains to be made in gold.  Are your hearts, mind and ears open to hear what I am saying?

For more information on this topic, head over to www.weinvestonline.com and take a look at my article, “More Valuable than Silver or Platinum: Choosing Gold as an Alternative Investment Option.”

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