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Gold As An Investment A Good Options ? Maybank Islamic Gold Account-i
Recently I am looking for something to invest, should I invest in expensive watches , shares, crypto or gold.
People that know me , they know that , I don’t like physical asset, like house , cars , I feel very mafan to take care of it.I am a digital guy .
That why I never sell physical products as business.
Recently I am quite into gold .and I started to do some research on it.
Should I invest in gold , as Maybank has this Maybank Gold Investment Account? Or if you have any better digital assest that I can invest feel free to let me know.
Btw ,I already invest in Fundaztic giving me pretty good return , some crypto , slowly recovering , and also some online businesses, growing but not there yet.
This are some of the things that I found about investing in gold.
Gold investment provides a good hedge against inflation - Gold tends to maintain its value over time. Historically, gold has kept pace with or outperformed inflation over the long run. This is because gold has intrinsic value due to its rarity, uniqueness and demand.
• A safe choice for investors - It’s because whenever there’s a crisis, the value for gold will always go up and sometimes even higher
Has the potential to be in more high demands in upcoming years-
• Demand from large developing markets like China and India has been robust and is likely to continue growing as incomes rise. These countries have a cultural affinity towards gold.
• Technological developments like electric vehicles, robotics and solar power rely heavily on silver and base metals that are often produced as byproducts of gold mining. This could incentivize more gold production.
Should I invest in gold? Comment below.
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