Thursday, May 17, 2012

Investing In Gold Takes Many Forms

American Gold EagleAmerican Gold Eagle (Photo credit: Wikipedia)I always found investing a fascinating subject. Having your money work for you and growing in value made a lot of sense to me. Sending your money off to your financial planner to invest for you is what most people usually do. But some investors choose a different path and invest in gold and choose to physically hold the gold in their possession, which they can't do with a paper share investment.

Gold is one of the few investments where you can actually see and hold it. Many people combine their investing goals with their love of coin collecting by investing in gold coins. Many countries issue their own gold coins like the American Eagle, Canadian Maple Leaf, the South African Krugerrand, and the Austrian Philharmonic.

The U.S. government issues gold coins which are authorized by the U.S. Congress, minted at the U.S. Mint and produced with a U.S. Mint mark and U.S. Dollar denomination...making them Legal Tender.

The US Money Reserve offers a wide variety of gold numismatic coins including American Eagle proof gold coins and modern Congressional gold coins available in mint and proof grades. Many gold coin investors realize the added value and security of holding gold coins minted by the U.S government and which are also legal tender.

Gold and gold coins can be a part of a diversified investment strategy. Being weighted in any investment to a great percentage is not good investment practice. But being diversified is good practice and gold can be a small part of that.
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1 comment:

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