Buy a new house or buy gold?
June 23rd, 2009
People are often perplexed as to what they need to do with their life’s savings. Retired people often think about purchasing a house that way they are saved from rent. However the smart thing to do here is to buy gold. The value of property decreases in some areas and increases in other unless you have a proper understanding of the property market it’s a bad investment. I would say you are much better off paying rent and holding on to lots of gold that might come in handy when you are struck by a financial crisis. If you are in need of quick cash you can always sell some of your gold.
Entry Filed under: Business