5 Easy Ways To Invest In Gold For Newbies

5 Easy Ways To Invest In Gold For Newbies - Having a stable income does not mean that your future is guaranteed. To make sure your future is better, there is one measure you need to take early on, and that is to invest. Investing in any form should be done while you still have a stable income. There are many types of investments to choose from, from investments in stocks, deposits and land to gold. The last type is an investment option that is growing during the Covid-19 pandemic. There are several ways to invest in gold.

Gold is not only very popular as a decoration, but it is also a very profitable investment option. What is this article? Because gold is an element that tends to rise in price and rarely drops in large quantities. One example of this is what is happening now during the COVID-19 pandemic. Gold prices have risen significantly. Now gold is sought as an investment vehicle, so it is important for you to know how to invest in gold.

Due to its growing popularity, many people have started investing in gold. Don't worry if you are one of those looking to invest in this precious metal but does not know how to invest safely in gold. But how do you actually invest in safe gold for newbies? Here's an overview.

Safe way to invest in gold for beginners

Confirm your gold investment goal

Before you start investing in gold, make sure you know what you are investing in. The safest way to invest in gold is to know the purpose of the investment well. There are many goals that can be used as gold investment goals, be it marriage savings, education, or investing in old age.

Or, for example, you planned that in the next 10 years you will stop working and start your own business. Then the income from your salary is partially distributed and invested in gold. If you already have such a clear goal, you will know better how much gold is being invested each month. This is the first safe way for beginners to invest in gold.

Track gold prices on a regular basis

The next way to invest in gold is to regularly monitor the dynamics of gold prices. At the moment, it is not difficult to track the dynamics of gold prices. Many websites on the Internet show the dynamics of gold prices on a daily basis. In addition, there are mobile applications that can display the dynamics of gold prices.

What is your purpose in monitoring gold price dynamics? Although gold is considered the most stable investment vehicle, sometimes it also drops in value. Although rare, it doesn't hurt to buy. Then, when the price of gold suddenly rises, you also have the option to sell it afterwards. However, it should be understood that investments in gold should be made for a long-term type of investment, that is, for a period of 5-10 years. This is the second way to invest in gold.

Buying gold in a safe place

The next way to invest in gold is knowing where to buy it. There are many places that sell gold bullion for investment. But you should buy gold from places where it is sold officially and securely. The official sells gold, including letters and certificates, because there are gold sellers who quickly provide the precious metal, but they are not included in the certificate. Gold bars only.

One of the recommended places to invest in gold is to buy it from PT ANTAM. You can buy it directly from PT ANTAM offices or from e-commerce sites that officially sell PT ANTAM gold. You can then also buy and open a PT Pegadaian Gold Savings Account. Both are government owned enterprises or government owned enterprises to make sales more reliable.

Safe storage of gold

Moreover, it is easy for beginners to understand how to invest in gold - is to pay attention to where to store it. One of the tips or ways to invest in gold is that you also need to know a safe place to store your gold. The easiest way is to store them in a safe or safe at home. If you feel in danger, you can also store it in a bank safe (SDB). Of course, if you decide to use SDB, there will be additional costs. The cost of using the SDB is relatively dependent on each bank. As for the SDB itself, in addition to gold, it can also be used to hold goods and other securities such as certificates for a house or land.

Focus on the future

The next way to invest in gold is to focus on the future. You must understand that an investment is savings for the future, short or long term, which can range from 10 to 15 years. so with