Showing posts with label precious metals. Show all posts
Showing posts with label precious metals. Show all posts

Friday, May 18, 2018

Real Coins: The Traditional And Safe Way To Invest

It’s no secret that the financial market can be volatile, especially now with the rise of cryptocurrencies like Bitcoin. Since the U.S. markets are so unpredictable, leading 70% of investors to lose money in 2015 alone, more people are now seeking out other trustworthy, dependable ways to invest their hard-earned cash. 

Now, the focus is returning to making solid investments in ventures that will actually lead to returns, rather than testing out a trendy but precarious track, like crypto.

Even if you are new to investing, one venture that will almost always be worth your time, energy, and money is buying gold coins. Nowadays, since we are all so used to trading through online stocks and bank accounts, real money has become rather obsolete. 

But investing in something that is both solid and reliable—like gold coins—has a number of advantages and may be the wisest strategy to bolster your bank account.

Benefits of buying gold and other hard metals

Buying coins like 1 ounce gold American eagle or Canadian Gold Maple Leaf has always been a smart option for traditional investment plans. There are a number of undeniable advantages to buying gold coins, including the fact that it is a bulwark against inflation. 

Plus, gold tends to go up in value while other investments decline, which provides a stabilizing effect for your investment portfolio.

Another advantage of buying gold or other hard metal coins as an investment is that you don’t have to pay any capital gains tax on the coins until you sell them. If you do not want anyone to know about your investment, buying coins is an entirely individualized process that you can keep to yourself. 

And while this concern is unlikely to happen, in the rare case that the U.S. markets would face massive currency devaluation, investors could use gold and silver to buy and sell.

How to purchase and keep gold coins

If buying gold coins is something that interests you, you will want to make sure that you purchase the coins from a reputable financial institution or dealer. Just as you would be aware of cheats when making other investments, you should always be on the lookout for coin scams. 

If you decide to purchase the coins from an individual or someone you may not exactly trust, you should have the coins’ authenticity verified before you actually buy them. This way, you can avoid handing over large sums of money for gold-plated copper or lead.

It is important to know that U.S. gold coins come in one-tenth, one-quarter, one-half, and one-ounce denominations. Most dealers will make you pay a premium over the price per ounce, which is how they make a profit off of the transaction. 

If you buy gold coins that are less than one ounce each, you will pay a much higher premium. It is generally a safe bet to buy bullion coins, including the American Gold Eagle, Canadian Gold Maple Leaf or South African Krugerrand.

Unless you have researched and are knowledgeable about collector’s coins, you should stick to buying bullion coins. As a rule of thumb, you don’t want to get carried away with buying gold coins—instead, designate 5 to 15% of your investment portfolio to showcase hard assets, like coins. 

That way, a majority of your portfolio will still be in stocks, growth funds, and other investments, which is the best way to generate a healthy balance of both return and risk.

Without having to worry about the volatile financial market, people can invest in hard assets like gold coins and reap the many benefits of gold’s hedge against inflation in order to augment an individual investment portfolio.

Tuesday, July 11, 2017

How to Avoid Being Ripped Off When Buying Emeralds

The gemstone market is a challenge to navigate for those who don’t know what to look for and what to consider when searching out a quality stone. 

That is one reason that learning about emeralds and the various factors that increase or decrease value is important before you start looking at stones and discussing price with a merchant.

Emeralds are a beautiful stone and can be worth the price, but for those who don’t know about potential factors like treatments or color value it is far too easy to spend too much on a stone that is not worth that price tag. 

Below are details on the factors that weigh into the purchase of a valuable emerald and avoiding overpayment due to inexperience with the market. 

Consider the Color

The darker the color, the better quality the stone. This is important in the search for emeralds, as people tend to look at other qualities when this quality is a big determination in quality and a correlating factor in the cost of the stone. 

Looking at a stone can give you an idea, but keep in mind that dying stones is common. It is important to know the signs of dying an emerald to avoid paying too much for a treated or an imitation stone.

Look Into Whether They Have Been Treated

Emeralds are not readily available in the market, at least in comparison to other gems. This is a big reason when gems with a lesser value are treated. They can be dyed or fractured to give them the appearance of a more valuable gem. 

However, the treatment actually makes the gems less valuable. When searching for an emerald, it is important to ask about treatments and look for signs so you aren’t paying higher prices for gems that have been treated and are not worth that price tag.

Consider Imitation if Cost is an Issue

Imitation emeralds can look great, and they can be a worthwhile investment if the market is currently running too high for your budget. The important thing is to know that they are imitation and not be expecting a natural stone for that price. 

Learn the Grading System

The best gemstones are in the AAA bracket. This typically covers 10% of the gemstones. These stones have a high brilliance and a deep, rich color. They also are moderately to slightly included.

Meanwhile, the next level down is AA, which is roughly 20-30% of the stones on the market. They are medium green and moderately included, usually with a mid-level brilliance.

The largest portion of available emeralds on the market fall into the A bracket. These gems are considered good, are a dark green and are opaque. They are moderately included and usually are available through mall jewelers.

In order to avoid being ripped off when buying emeralds, it is important to know the market and have your expectations in order when you are hunting for the right gem. Knowledge is a helpful asset to have in any search, and the search of the emerald market is no exception.

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