Gold Or Real Estate – Which Investment Is Better?
Nothing is more solid and long-lasting than owning a home: the people know this well, for whom investment in brick has always been at the top of the ladder of desires.
The dream of others is to buy a house for themselves and their children. According to the latest statistics, this remains the top wish list. But are we sure that it is the most correct investment to make?
The years of the last economic crisis have not been favorable to the real estate sector and according to the latest published report, relating to the third quarter of 2018.
Since 2010 the price of houses has fallen by more than 15% for existing houses, while it has remained or less the same for new ones.
Real Estate Crisis
Real estate has been at the center of a major real estate crisis resulting above all from the Asian crisis in the mid-1990s. The problem manifested itself when property prices suddenly collapsed also due to a huge increase in taxes on home ownership that made most people desist from buying properties for sale.
Conversely, gold has no special taxes. Gold’s suitability becomes even more pronounced during times of disaster, natural and man-made when sadly many homes are rendered completely uninhabitable.
Invest In Physical Gold
Physical gold is an asset worth investing in because it is a timeless, universal currency held by most central banks.
In the same way that the family home shouldn’t be considered just an investment, gold bars shouldn’t be considered an investment per se, but rather a form of “saving for the future” or as a kind of financial insurance.
When To Buy Gold?
Gold is widely recognized as having significantly less risk than many assets, but knowing when to buy gold can maximize the potential of this investment.
So looking at historical charts and trying to buy as close to the lows as possible is usually thought to be a good indicator of the best time to invest in physical gold.
Gold And Diversification
Gold should be an important part of a diversified investment portfolio because its price increases occur in response to events that cause the value of paper investments, such as stocks and bonds, to decline, therefore increasing the value of our savings in the long run.
While the price of gold can be volatile in the short term, it has always held its value over time. And that’s because gold will never lose all of its value.