Gold is one of the best investments for anyone. It is thought to be the most stable investment of all and gives a predictable return every year. Because of the recent market fluctuations, it is no wonder why the rich are putting their money in gold.
If you want a good return on something in a time where all other markets are failing or at least registering negative growth, you should invest in gold.
Here are 3 reasons you should do this:
#1: It is the best time to buy gold!
At the beginning of 2020, gold prices were reaching new highs almost every day. In just 5-6 months gold prices jumped more than 15% which, when extrapolated, becomes a 30% annual return.
However, as the global markets have shrunk now, prices of gold are falling. In the last month, we have seen a fall of around 8%. This trend may continue for some time.
Eventually, gold prices will start rising again. If you don’t invest right now, it can be a huge loss. Right now global markets are unstable. No one knows what will happen tomorrow.
So, why waste time and opportunity?