Sunday, April 01, 2007

Gold Coins

Diversification is very important when investing money. Whether it be online autosurfs, hyip, etc., or real world stocks, bonds, etc.. Another good real world way to diversify is to add gold coins to your portfolio.
Back in the good old days, you could buy 4 gallons of gas for a dollar, at 25 cents a gallon. Imagine doing that now. Not a chance, those days are over. Well, back then the dollar was backed by silver. So imagine taking a pile of silver back then and purchasing your 4 gallons of gas. Now take that same pile of silver today. Guess what? It still purchases 4 gallons of gas. How cool is that!
Prices are more expensive today, because green paper money is worth less than it used to be. It takes more of it to buy the same amount of goods and services. That's not a good thing. 100 years from now, can you imagine what prices will be like. They will be outrageous.
Due to silver, platinum bullion and bullion, and gold coins holding their value so well, investment experts recommend precious metals constitude 10% to 20% of an investors assets.
There is a company called Monex, which has been around since 1967, who handles precious metal investments. If you are interested in diversifying with precious metals, check out Monex.

No comments: