Cheekee monke blog

Let us think about a situation in which you are willing to make an investment not right now but in a few years time. Every year you are saving some money that you would like to use in the future to achieve your goal. You want to make sure that this money will not loose its value during that time. What can you do to achieve it? You have a few possibilities. You can transfer your money into the bank account created directly for this purpose or on a fixed deposit. Yes it sounds like a good idea to me, but it doesn give a one hundred percent certainty. What else can you do? Well my advice is to exchange cash for gold. You might ask yourself a question right now: why would I do such a thing? You must be aware of the fact that gold is very stable as far as its value is concerned thus you might be confident that your savings will not be wasted. How to do it efficiently? My proposition would be to exchange cash for gold bar every year. During twelve months you can definitely put away enough money to buy quite heavy bar. After few years when you decide that you have enough money, you can cash your gold bars and get your money back. Than you will be able to invest these money in whatever you want. Good luck!