Investing can be a tricky thing. You don’t know what is going to go up or down, and there is often so much risk involved that many people are too scared to put even a single dollar down. With that being said, you might want to consider investing in gold in 2012 and beyond. Gold has proven to be one of the most stable investment vehicles, and precious metals have many benefits over paper-based investments. These are the top five reasons why you should invest in gold.
1) Gold is Limited
One of the best reasons to invest in gold is because it is limited, and because it is used by so many industries. This isn’t like paper-based investments where new stocks can be printed. Gold will run out, and this is great for those who have held onto this metal. As the supply of gold diminishes, the value will dramatically increase. This ensures that your investments will continue to increase.
2) Gold Has Steady Increases
Many investments have their ups and downs. An investment that was good today might go sour tomorrow. However, gold has been consistently rising throughout the years. Actually, the last 10 consecutive years saw net increases in gold’s value. It doesn’t matter if the world in thriving or in a state of recession; gold has consistently become more valuable. There are few investment vehicles that can boast this level of stability.
You can refer to any real-time gold pricing chart online to see the huge increase in the price of gold over the last 10 years.
3) Gold Gives You International Options
Most stocks and investment vehicles are only valuable in their own country. For example, it would be very difficult to get money for your American bond in another country because the bond is worthless there. However, gold is a type of currency that every country values. This gives you international options that you don’t get with any other type of investment vehicle. You may even be able to get more money for your gold if you cash it in with another country.
4) Gold Offers Varied Investments
Gold comes in several different types. This includes coins, bars, stocks and bullion. Each one has its own pros and cons, but you can play to the benefits of each if you understand how to use them. For example, gold stocks are typically easier to trade, and they are easier to track. This allows you to take advantage of gold’s value, while enjoying the additional benefits of different investments and options.
It’s becoming more important these days to have your retirement investments be backed by precious metals instead of just paper. Many people are doing a gold IRA rollover or gold 401k rollover, and moving their retirement investment dollars over to a more secure option.
5) Gold Has Many Uses
Some investment vehicles come out of favor because they are no longer used anymore, or the industry that one is investing in might collapse. For example, a thriving niche now might die in the next few years. However, gold will always be used and adored. It will always be used for jewelry, and chances are that it will always be used for certain wires and computer parts. This ensures that your investment won’t collapse.
Gold truly is one of the best things you can invest in for 2012 and beyond. Its value has consistently increased in the last 10 years, it has a limited supply and there are so many uses that gold will always be in favor. You need a varied portfolio, so consider using some of your money to invest in gold.