In these economic times of turbulence, many are turning to put their money in gold.  Buying gold in and of itself is easy, the difficult part is the when, the how, from who, and the what kind of gold.  Fortunately, we live in a country where we can turn to experts for advice.  I once bought some gold coin off of ebay.  I didn’t know what I was doing but I was too high and mighty to take anyone’s advice.  So I ended up buying a bunch of gold coins only to find out that its true value was less than half of the price I paid for.  When you start doing gold investing, you need to be able to tell the difference between just gold and the investment grade.

It is advised that you have some of your investment portfolio into solid tangible investments.  This usually consists of gold and other precious metals that make up anywhere between 5% to 15% of your portfolio.  And unlike the rest of the stock market, the price of bullion has minimal effect on the fluctuation of the value of investment grade rare coins which makes it a more stable and tangible asset.  Most people try to and invest only for capital gains, but the rich people always advise that you need to establish your security first before you take on manageable risks.  It’s only when greed consumes people that they try and make a lot of money in an unreasonable amount of time.  This will only set you back.  On the other hand, people who live in extreme fear and just keep their money in the bank cannot get ahead because their fear is crippling them.
Remember, the U.S. dollar is currency and not money, meaning the dollar bill has no monetary value in and of itself.  If you hold onto the dollar in your checking or savings account, you will actually lose money because inflation and taxes will be more than any meager interest earned in those accounts.  That’s why the wealthy don’t put all their money in savings accounts, but rather in secure, calculate-able investments.   This is where you will realize that real money is in gold money.  So instead of losing your hair over the stress of trying to figure out all the technicalities of technical trading and day trading, go for something that will let you sleep peacefully at night.  Secure your future with something tangible.