What is Gold Bullion, Where to Buy it, the Advantages of Owning Gold?
Gold bullion is gold in its purest form. It is a physical store of wealth and it is worth bearing in mind that it doesn’t matter whether you buy or sell it at a given time, the price will go up over the long-run.
The best place to buy gold bullion are online retailers, because this is where you will find the lowest prices. Gold prices are always fluctuating so it’s always better to buy when prices are low, then wait for them to go up again.
There are many benefits of buying gold bullion over other assets such as stocks and bonds which include:
How to Identify Genuine Gold Coins & Bars
The most important thing to remember is that gold is a commodity, not a currency. Gold coins and bars are measured by weight and purity, not by national currency.
How can I tell if my gold coins are real or fake?
There are a few ways to do this:
– Check the weight of the coin or bar
– check for hallmarks on the coin
– check for the country of origin
– check for any wear on the coin (you should be able to feel this with your fingers)
What is an Ounce of Fine Gold Worth?
One ounce of gold is equivalent to 4.2 pounds, one pound is equivalent to 0.454 kg, and one ounce is equivalent to 31.1 grams
How to Go About Selling Your Old Gold Jewelry For Cash
The process of selling your old gold jewelry for cash physically involves visiting a pawn shop, antique store, or other establishment. Visit https://www.merriongold.ie/
However, there are now many more opportunities to sell your old gold jewelry for cash online. Online platforms like eBay and Craigslist allow you to put up an ad to sell your old gold jewellery safely and securely using the convenience of the internet.
The following is a comprehensive guide on how to go about selling your old gold jewelry for cash:
Make 2022 The Year you Secure Your Financial
It is never too late to start investing for the future. The trick with investing is to start early and invest regularly.
A recent study found that “young people who invested $5,000 per year from age 25 to 35 would have an average net worth of $1 million at age 65”. This means that if you invest $5,000 per year for 10 years, you will have a total of $50,000 in your account.
It is important to know that with most high-interest savings accounts paying less than 1% interest, this investment strategy will make more money than you could earn using a savings account.