27 Oct 10

Gold Bars ...

Investing in gold bars is a wise decision. I read Francisco Colayco’s book about financial literacy and one thing he said again and again was to invest your money in something that would beat inflation. Just keeping it in your bank is not wise because the interest rate is so low that pretty soon inflation will take over it.

He suggested investing into mutual funds and we have already started doing that. However, I heard that gold is also a good investment because its value keeps on appreciating as time passes. We might definitely try this because we want our money to be able to beat inflation. I heard it’s already convenience now to buy gold and you can even have it delivered for safekeeping directly to your bank.

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