We all know that gold investment is one of best investment that you can take. It has value that always increases every year. But, is the gold investment really great investment? That’s depends on the type of investment you want to take.
First, if you want to take long term investment, gold investment is not the best choice. Few years ago, gold value increase about 2% annually. And it becomes better with 4% increase every year.
However, if we count the value with the inflation and the market movement, you won’t get as much as you want with gold investment. For example, you buy gold around $510 per once in 1983. In 2005, you will get only $515. However, it’s different matter, if you collect rare gold coins. You can get huge profit from it.
But, this kinds of investment need lot of hard work. You, who don’t have collecting hobby, will have a hard time to do these kinds of investment. But, if you really love collecting coin, this would be the best choice for you.
Therefore, we can say that the best investment type you can choose for gold investment is short term. Although, you won’t get big profit like other investment, with steady increase, you can multiply its value numerous times.