Saturday, August 25, 2007

Invest in gold

Many would say, if you want to invest money, buy gold. It’s one of the things that don’t depreciate. It’s really a great way to diversify your assets. I remember our tourist guide when we went to Hong Kong. He told us how much his parents are into investing for their future. Every time he had his birthday, his mom would buy him a few grams of gold as a birthday present. He did not get toys as a kid from his mom like any normal kid, but his mom was wise enough to invest in gold! She didn’t really give it to him physically but kept it safe somewhere. He is now more than 30 years now and he said that the value of is his gold is more than twice already. It really was a great investment and he is now reaping what his mother sowed. Probably the few grams his mom invested would be like more than a bullion by now. He was so impressed by what his mother did and vowed that when he has his own kid, he would also invest the same way. Buying gold is really the way to go is what he says.

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