Many investment choices sometimes make some people confused which investment is suitable for their life goals.
Likewise with gold and dollar investment. These two investments are often the choice of novice investors because of their simplicity without requiring too much capital and the results are tantalizing.
Then the question is which is more profitable? Of course, this is still difficult to answer because this investment has its own pluses and minuses.
Want to know what are the pluses and minuses? Come on, see the information below!
The Exchange Rate of Gold is Same in Worldwide
If you invest property or dollars, then the price of your property or dollars will fluctuate depending on the location of the property or the dollar where you are located.
Unlike gold, your gold price will be the same wherever your location is.
The Value of Gold Always Rises and Immune to Inflation
Although it has fallen occasionally, the price of gold tends to have more of a graph of its increase.
The value of gold also tends to be stable compared to the money you keep in a bank that is vulnerable to devaluation.
How to Invest in Gold Very Easy
For those of you who are beginners and don’t really understand investing, gold is the right choice.
You don’t need to worry because this gold investment is easier and safer than other investments.
Gold is Easier to Cash Out
Unlike other investments, you can withdraw gold investment if one day you suddenly need money in a fast time. You can immediately sell the gold you have or pawn it.
Gold is prone to being stolen
If you invest in physical gold, you need to be extra careful when carrying it or storing it.
The high price makes this one item often targeted by thieves. Therefore, you must keep gold in a safe place.
