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Invest money in gold? Does it right! – Create Money Tips!

Invest money in gold – but right! Especially in recent years, I am approached almost daily by people who want to invest their money properly in gold. All these people have one thing in common: their concern for their financial future, but above all their concern about securing their old age top 10 gold ira companies.

They want to invest the small or perhaps larger fortunes that they have often saved for years. Many people think of investing in gold, but at the same time they do not know how to best deal with it.


Investing money in gold – how much should I invest?

Put 10-20% of your assets in gold. The rule of thumb used to be 5-10% gold. At the moment I would advise you twice or three times – but not more! Having no gold is just as unwise as investing too much money in gold.


Gold should continue to rise in value. Should I buy gold now?

Yes, buy gold, but do not play poker with it. Do not buy gold to speculate, but as an investment. Anyone who is not a professional struggles with the observation of the gold price and often sells at the wrong time. See gold as a kind of freezer: you get and maintain the purchasing power of your money over a longer period of time. They freeze their money, so to speak. Gold is the natural enemy of inflation. Over the course of time it compensates for the loss of purchasing power through its price increases. Especially in 2016, the price of gold has risen sharply. Gold coins and / or smaller gold barsare particularly well suited to start investing in gold! There is another reason to buy gold. Since 2016, banks have introduced large negative interest rates. This means that any unissued or “consumed” euro will be punished with an interest – savers will have less money left over at the end of the day. Since 2016, banks are beginning to expropriate citizens of their belongings and force them to spend the hard-saved euros.


When should I invest money in gold? What is the right time?

I cannot give you a clear answer to that despite my many years of experience. The right time does not exist because the gold price is constantly changing. My advice: Buy smaller quantities over a longer period of time. How to compensate for price fluctuations. By the way, the pros are doing the same thing.


What should I buy best if I want to invest money in gold?

Buy small units of coins and ingots. If you want to turn that gold into money later, you’re flexible. Particularly well suited coins such as the Vienna Philharmonic or the ducats. If you want to invest a larger amount in gold (over 100,000, – Euro), bars are a useful addition. But you should know that small ingots, bars up to 20 grams, are more expensive than large ingots due to the production costs.


Which gold coins should I buy?

Tips from the experts: The best you can choose so-called bullion coins. These are coins that have been produced by the Austrian state in large numbers for years, have a high fineness of gold and are therefore particularly suitable as an investment form ( bullion coins are therefore also referred to as ” bullion coins “) Bullion coins are for example the Vienna Philharmonic and the Ducats, jewelry, for example, is never an investment!


Does it matter which ingot type I buy?

No! If you buy ingots, then take bars from good delivery manufacturers. These are ingots produced by certified manufacturers. For more information, see “Good-Delivery Bars “. In short: Uncertified bars usually lose about 15% of their value after purchase.



Where should I keep the gold?

Store your gold in a private safe, in a safe deposit box or in a bank safe. If you choose a private safe, it should be really safe. A safe is considered safe if it is anchored in the masonry with heavy-duty dowels or weighs at least 250 kg. A good alternative to a safe is a safe deposit box or a safe at a bank. Make sure that the insurance coverage of the bank covers the value of the amount of gold stored. If this is not the case, you can increase the coverage amount for a surcharge.