Gold Investment.
Last week, I was rummaging my closet for clothes that I can donate for the typhoon and flood victims when I chanced upon an album of old international and local coins that my siblings and I used to collect a few years back. Obviously, we did not pursue this hobby anymore so it got abandoned and dusted at the farthest back of the closet. How could we, right? I know, old and rare coins, especially gold coins, can make a good fortune and even a sound long term investment. Since I was the one who found it, it’s gonna be me who’ll be the new owner. I’m sure they have totally forgotten about this already. I just hope that they won’t find their way to this blog and read this or else, the proceeds will be partitioned. Sneaky. LOL.
Well, frankly speaking, I’m totally clueless about gold trading and gold investment and know nothing how much all these coins worth. In fact, I’m not sure if these are all up and worth for trading since most of these were just handed down to us by the elder relatives and grannies. But I do know and as confirmed by gold history that some of these coins, if not pure gold, are alloyed with a percentage of some gold content. So, still, they’re valuable no matter what.
Nevertheless, I have started browsing the web for information resources and gold dealers from which I can pick up tips and lessons about gold investment. Lucky me because I found the perfect site to turn to for the best reference: the Monex Group. Their site is very comprehensive featuring even the day to day prices of metals for trading. From there, the gold price quotes can be monitored so if the prices are soaring, their indicative factors will enable you to determine whether to pursue buying or sell an asset.
I surely have lots more to learn about these industry but the resources from Monex is really aiding me a lot to understand the ABCs of gold trading. Meanwhile, I’m excited how much this coin collection is now worth. I’m smelling moolah here.
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