Let me tell you a true incident which changed my perception about investing and holding Gold as an investment.
About 16 years ago my grandmother was visiting us.
She wanted to give me and my brother some gifts. My brother had a long list that consisted of getting a bicycle, clothes and toys.
My grandmother used $100 to buy toys and other stuff for my brother.
I was the non demanding type very content to play with my existing toys so my grandmother bought Gold worth $100 in my name and kept it in safe keeping with my mother.
Over time the toys my brother got broke. He outgrew the clothes long back and the utility of her gift got lost.
When I checked the value of my gift. I realized that over a period of 16 years the value of $100 worth of gold had gone up considerably. At the time of purchase the price of spot gold was $265.40 and currently it stands at about $1248.29
which means the value of gold my grandmother bought for me has multiplied by over 4.7 times
the $100 value of gold is worth over $ 470
which means had you bought $1000 worth of gold 16 years ago then it would have become worth 1248.29/265.4 X1000= $4703
Is that not a cool investment? To see your money grow over time is an amazing feeling.
At that time one had to go to a shop to buy the physical gold. Now there is another wonderful option that is available from https://www.goldmoney.com/
Incidentally gold money has been serving its clients since 2001
This makes investing in precious metals like Gold, Silver, Platinum and Paladium such an interesting and profitable proposition.
If you think gold is the only precious metal worth investing then let me tell you that even Silver , Platinum and Paladium have appreciated significantly over time.
Opening an account at Goldmoney.com is very easy.
Click the open holdings button on the Goldmoney.com site.
Fill out the detail and your account gets created.
This single platform lets to buy, trade and hold precious metals as well as cryptocurrencies from the comfort of your home, office or where ever you prefer to be that too with the click of a button.
To make our lives easier each account holder at goldmoney.com can access the account manager who helps us with our account.
To buy one needs to put money into our account and one can do so by paying through one of many payment options like credit card, debit card, Paypal, sending money from bank account and also by depositing cryptocurrencies into our account.
That makes it such a wise decision to invest through goldmoney.com account
They offer a Low fee for buying and selling both precious metals as well as cryptocurrencies.
Now that I am young I would not like to wait for another 16 years to multiply the value of my holdings.
Thus for me there is the opportunity to trade my investment portfolio.
Every time the value of Precious metals dips I would like to buy and when the price peaks I would like to sell this is possible from withing my goldmoney account.
In addition I can also trade one metal against the other.
At any time if there is the need for physical gold I can take the delivery of the gold that is present in my account.
The best part is that with a goldmoney account one need not have a lot of money to start buying gold and other precious metals. With a goldmoney account we can make small investments and keep buying incrementally to see our money grow.
My goldmoney account has opened a gateways of opportunities and I am loving the experience of using it.