Beyond the Bling: 3 best investment assets for women in gold
Investments have always been synonymous to ladies, however with planned investment taking over, it has given women with financial independence and long-term security which empowers them to create wealth for the whole family and provide a safety net in the face of unexpected emergencies.
When it comes to investing, making the right choice is crucial which includes a healthy mix of stable investment avenues i.e. FD, gold, bonds etc. & volatile investment options i.e. mutual funds, stocks, shares etc. Investing in stocks, whether through equity or mutual funds, comes with the risk of financial loss due to market fluctuations.
Also read: Gold and silver prices Today on 19-03-2024: Check latest rates in your city
On the other hand, yellow gold is a tangible asset that holds intrinsic value and is not subject to depreciation or high volatility like other assets. Gold is a good investment portfolio diversifier, providing stability, financial security and acting as a hedge against losses in other asset segments, while also offering easy liquidity and protection against inflation risks.
Investing in physical gold, such as coins or bars, is a popular way to safeguard your wealth and it is recommended to go beyond the bling and stick to investing in yellow gold jewellery rather than modern variants like rose gold or white gold or gemstone heavy jewellery as yellow gold’s value is the easiest to be appraised in case of any urgency. Moreover, in times of financial crisis or emergencies, owning physical gold can be incredibly useful, as you can convert it into cash quickly.
Also Read: Gold miners enjoying record prices are wary of hedging their bets.
When you need quick access to cash, gold loans are amongst the most attractive
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