Speaking of the risks, gold can be said as a low-risk investment with a relatively stable level of returns in the long run, even though the price of this commodity has fluctuated every day. That is, for those who are patient, of course, they can enjoy the sweet investment of gold.
Well, for those of you who are interested, let’s follow the following gold investment methods:
How to invest in gold in general
There is nothing difficult in buying gold. All information is available on the Internet. In general, there are three ways you can do so that gold investment is not in vain.
1. Determine the main purpose of investing in gold
The first step that must be done is to determine the purpose of your gold investment. Before actually starting a gold investment, it’s better to ask yourself first what goals you want to pursue. When you have found that goal, you will also see the investment period.
For example, in the next ten years, you plan to go on Umrah, Hajj, buy a house, property, or find a dowry for marriage. Now to achieve this goal, you invest by buying gold.
Or maybe, next year you want to get married, and you want to buy a gold dowry, instead of waiting for expensive, but now.
Not wrong, how come I have a goal like the one above. But of course, it must be consistent to buy a certain amount of gold according to ability. Because the longer we invest in gold, the more gold we get as investment goods.
2. Always check the price of gold before buying
After having an investment goal, do not rush into buying gold. First, check the price of gold bars on the market. It’s best to check prices on the Internet. Right now, many specific sites display the latest gold prices.
Also, make sure the right time when buying gold. The time when gold prices are down is the right time to buy gold.
3. Determine how many grams to buy
If the price checking stage is complete, it’s time for you to determine how much gold will be purchased for investment. How to invest in gold this one must be absolutely certain.
Also, specify the time period for the purchase of gold that you will determine as an investment. For example, you make sure to invest as much as 5 grams of gold every month.
Price per gram, for example, Rp 900,000. That means every month you spend money to invest gold of Rp 4.5 million. But if this amount is felt to be too large, then do not hesitate to buy in smaller quantities.
4. Digital or bar?
Well, here’s the most important. Do you want digital gold or bars?
There are advantages and disadvantages that you can get by buying digital gold or bars. But in essence, whether digital or bar, you buy a real precious metal, which is a real asset.
Digital gold (online)
The advantage of digital gold is that the process of purchasing gold can be done quickly. No need to queue, click buy, transfer, and wait for the gold into your portfolio.
In addition to being fast in purchasing, digital gold also has sophisticated features where investors can buy gold with a capital of only IDR 10,000. If 1 gram of gold is Rp 900 thousand, then with Rp 10 thousand, you buy 0.011 grams of gold.
Even though it’s called digital, it doesn’t mean it’s digital forever. You can really print digital gold into bars. It’s just that there are printing costs and minimal weight to print.
If it’s still 0.011 gram, obviously it can’t be printed.
Gold bars or physical gold obviously cause a high sense of ownership for the owner. Naturally, the gold can be held, and the sparkle can also be seen with invisible eyes.
If at any time you need money, the gold bar can even be mortgaged. It’s just to buy it. You have to get out the minimum funds equivalent to 1 gram of gold.