Gold as an Investment Option? Bring on the Gold Bars!
When you hear about buying gold, do you automatically picture large gold bars? If yes, you are not alone! Actually, gold bullion is any form of pure, or nearly pure, gold that has been certified for its weight and purity. This includes coins, bars and other forms of gold of any size.
While it is fun to think about owning a very large gold bar, it isn’t really practical. However, buying gold can be a good investment and can help diversify your portfolio. Many investors buy gold as a hedge against inflation or political unrest because gold doesn’t always fluctuate when other types of assets do. Additionally, a portion of your portfolio held in commodities like gold helps to lower the overall risk to your portfolio.
Gold can be purchased in different size coins or bars, for example, 1/10 ounce, ¼ ounce, 1 ounce, etc. And recently, the value of gold has increased. If you are thinking of buying gold to diversify your portfolio, stop by Bridgewaters and we can help you learn more about this investment option.