This is a common question among those new to buying gold. The truth is that there is not an easy answer. It really depends on why you need to invest. Also how much you are willing to spend. Bars in general are for those with a substantial amount to invest. They come in 16 ounce bars which is around 1k dollars per ounce today. That is no small number for most of us. On the other hand you can get coins for a much smaller fee and amount.
There is also the matter that classic coins can increase in value over time due to rarity. But coins can also decrease due to the same reasons. But it will never go below the gold content value.
So should you buy gold coins or bars? Just make you own mind up about it based on your own unique needs.
Wednesday, September 16, 2009
Wednesday, May 13, 2009
Can You Buy Gold Online?
The simple answer to this question is yes, yes you can. But you need to know the right place in order to purchase safely. No one enjoys getting ripped off and it can be even worse when its hundreds or thousands of dollars being invested.
Of course you should be sensible about investing in gold and make sure that you are dealing with a reputable dealer and you know what you are going to buy. Consider if it is the right price and the right type for you.
Follow these guidelines for buying gold online.
Make sure you know what type of gold you want to invest in. Do you want to buy gold coins? Gold bars? Gold nuggets?
Make sure you know how much you can spend on your purchase. It can be easy to overspend especially when there's shipping and insurance costs.
Finally make sure you know who you are dealing with. You want to buy from a reputable dealer. There are many of those but there are also many who would take your money and give you nothing in return.
Of course you should be sensible about investing in gold and make sure that you are dealing with a reputable dealer and you know what you are going to buy. Consider if it is the right price and the right type for you.
Follow these guidelines for buying gold online.
Make sure you know what type of gold you want to invest in. Do you want to buy gold coins? Gold bars? Gold nuggets?
Make sure you know how much you can spend on your purchase. It can be easy to overspend especially when there's shipping and insurance costs.
Finally make sure you know who you are dealing with. You want to buy from a reputable dealer. There are many of those but there are also many who would take your money and give you nothing in return.
How To Buy Gold For The First Time
If you are looking to buy gold for the first time you have come to the right place. Buying gold is actually really simple and yet few people seem to do it. All it takes is a little common sense.
So understanding how simple it is you need to know what kind of gold to invest in. Gold bullion is almost always the answer. When people think of gold bullion they almost always picture big bars of solid gold. While these are available they are not very easy to keep and care for compare to your other options. Gold coins and nuggets are the other options which are much easier to handle and care for.
They great thing about buying gold bullion is that in only a small amount of time ( as little as a few months) you can see and increase on your investment. Truly nothing is as simple or easy to invest in.
So understanding how simple it is you need to know what kind of gold to invest in. Gold bullion is almost always the answer. When people think of gold bullion they almost always picture big bars of solid gold. While these are available they are not very easy to keep and care for compare to your other options. Gold coins and nuggets are the other options which are much easier to handle and care for.
They great thing about buying gold bullion is that in only a small amount of time ( as little as a few months) you can see and increase on your investment. Truly nothing is as simple or easy to invest in.
Buying Gold Coins
If you're looking to invest in gold you have several options. Gold bullion is the most common type of gold to invest in and it usually comes in bars, nuggets, or coins. Gold coins can be a great investment as they will always be valuable. I myself own several coins and bars and not only do they look great buy its a solid investment.
Common gold bullion coins include the:
If you already have some coins and you want to expand you should try one of those listed above. Of course if you want to sell gold coins, you should find a sell gold coins guide.
Common gold bullion coins include the:
All these coins can be an excellent investment. Pick a reputable dealer and if you want to purchasing at an auctions, don't unless you're experienced. You can get ripped off without even knowing it.
- U.S. Eagle
- Canadian Maple Leaf
- S.A. Krugerrand
- Australian Kangaroo
- Austrian Philharmonic
- Austrian Corona
- Mexican 50 Peso
If you already have some coins and you want to expand you should try one of those listed above. Of course if you want to sell gold coins, you should find a sell gold coins guide.
Why Should You Buy Gold?
We all know that the value of gold is near all time highs currently. You might be asking why should I buy gold now? Well over the past 200 years gold has been proven to be quite stable. In fact it has generally only risen in value. Gold can be a safe investment for years to come.
History has proven that the value of gold rarely changes. In fact a single ounce of pure gold will still buy the same equivalent of 200 or more years ago. It may even buy more now that the recession has boosted the value even more. It really is one of the safest investments you can invest in. Gold will always be valuable no matter the state of the economy.
History has proven that the value of gold rarely changes. In fact a single ounce of pure gold will still buy the same equivalent of 200 or more years ago. It may even buy more now that the recession has boosted the value even more. It really is one of the safest investments you can invest in. Gold will always be valuable no matter the state of the economy.
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