Wednesday, October 14, 2009

Investing in Gold

investing in goldFive years ago I never thought I would be investing in gold, but now it is my primary investment vehicle. With the economy in the state it's currently in, I felt I had no choice but to start investing in gold in order to retain my wealth. At this point in time, I'm glad I made this choice to buy gold.

A friend of mine, who specializes in mortgages after bankruptcy, gave me a bit of advice concerning mortgages (real estate) as well as gold investing. Even she says that investing in gold is the smartest choice right now.

It's amazing how fast the economy can change. It can literally happen in the blink of an eye it seems. It can go from a real estate boom to a precious metal investor's heaven within a few short months. I'm glad I have most of my funds allocated into gold and didn't go crashing down like all my real estate investor and stock investor friends!

If you are unsure of what to do with your savings, I suggest you look into investing in gold or even silver. Seriously. Look into it. It may be the best decision you ever made. I know it has been for me. I honestly think my investing in gold is the reason I have been able to grow my savings since last year.

Please do not substitute my advice for the advice of your financial adviser or your own common sense in investing. Go with your gut feeling and learn all you can about investing in gold before you make any purchases.