Investors want to earn a profit from their investments, yet with the unpredictable nature of markets, losses may sometimes be sustained. Nonetheless, you can protect yourself from losses due to market downturns by turning to safe haven investments. Safe havens are investments that hold intrinsic value and may even increase their value during market downturns.
Depending on market conditions, you can always rely on gold as a safe haven. You can allot five to fifteen percent of your portfolio to gold investments. Such an investment can be enough to safeguard you from losses in other markets.
Now, you can invest in gold in different ways. You can buy physical gold that can serve as insurance for your wealth. Physical gold is only good for safekeeping and not for trading. This safe haven is ideal if you plan to preserve your wealth until you pass it down to the next generation.
Bullion and Bars
You may likewise invest in bullion coins and bars. This allows you to have legal tender coins in exchange for minor premiums of the current market price of gold. The value of such items depends on the spot price of gold. You can find bullions minted in various countries, such as the UK, Canada, and China. It may only be a matter of finding the popular bullions today.
Silver bullions and coins are good investments as well. Whilst the price of silver has much more volatility than gold’s, the metal is still considered as a safe haven. You can buy and sell silver bullions and coins at your discretion. The secret to silver investment compared is to see the gold-silver ratio. The lower the ratio, the more chances silver can outperform gold.
For bullion and coin investments, you can turn to online e-commerce websites dealing specifically with gold and silver investors.