These days seem like the worst of times–the stock market is gyrating wildly and seemingly out of control, many businesses have shut their doors and families are staying inside–all due to fear of the coronavirus outbreak.
Yet, as in almost every bad situation, the seeds of opportunity sprout. So, if you’re fearful, don’t be. Keep a level head about your financial situation. With a little planning and good advice, you can begin to turn a tragedy into a triumph. If you are invested in the stock market, Charles Schwab, TD Ameritrade, and Fidelity, as well as other brokers are now advising that you examine your portfolio and rebalance it as soon as possible. Conservative investors recommend transferring some of your holdings into less volatile investments like cash. With cash on hand, you will have some flexibility, including the flexibility to buy gold bullion, i.e. physical gold. The good news is that gold usually goes up in value during turbulent times as buyers see a losing strategy in assets that are less tangible. “The Deck Has Been Reshuffled in Gold’s Favor,” writes Anna Golubova on March 31st. Investors are viewing gold in a favorable light as the coronavirus pandemic surges. And, even before the pandemic, financial journalists and others saw gold prices steadily rising over the next ten years. This is all good news for gold bullion investors.
It seems that everything came to a halt all of a sudden. Many businesses, including small businesses, have been forced to temporarily shut their doors. Perhaps you are a business owner who had to close down; or, maybe you are not a business owner and you just lost your job. If so, you can now take time to get a strategy in place to minimize any losses and help bring financial stability to your situation. Could that strategy include a plan to buy gold bullion? Recently, the US Congress put its stamp of approval on a $2T stimulus package–a deal designed to ease the pain of the economic slump. However, the package balloons US debt, according to analysts at Wells Fargo. Other experts agree that we are leaping into financial uncertainty because we will get stimulus money by printing money. Inflation, they say, is sure to follow. When currency loses its purchasing power, it’s a time when investors in gold are viewed as smart. To buy gold bullion Brisbane now may be a strategic part of your investing plan.
And, now that we are all staying at home with our families except for those necessary trips to the super market or the doctor’s office, we have time to talk and plan for the future with each other. When you study about gold, you discover that foreign central banks have been planning for the future for the past 10 years by buying up physical gold as a hedge against inflation, according to Bloomberg.com. And, investors who manage other people’s portfolios for a living often recommend their clients buy gold bullion Brisbane. It’s certainly a strategy worth considering–especially now with turbulent times and no specific end date in sight.
So, take some time to consider your investment options. Do some research. Get a plan in place. Talk with a gold bullion dealer in Brisbane. See for yourself that to buy gold bullion is a worthwhile endeavor. You can take control and prosper even during this unusual season in your life.