There are many ways to invest in your future. You can invest in your company’s 401k, open a Roth IRA, purchase stocks, or in the crypto market. Some are even choosing to invest in buying pure gold. Gold has been a highly coveted currency for centuries and the chances of it going out of style any time soon are slim to none. The question becomes, how does one go about buying gold? This article will highlight some of the most popular ways to purchase gold in 2018.

  • Buy gold with Bitcoin. One of the most popular ways to invest in gold in 2018 is to get involved in the cryptocurrency marketplace. Digital currency has become the talk of the town and many are jumping on the bandwagon before it gets so large that they missed an opportunity to make a boat load of money off of their investment. Bitcoin’s worthiness has skyrocketed over the past year and as it is a new currency, it is uncertain how much it will grow before it drops. Investing in gold with Bitcoin earnings is quickly becoming a popular consideration amongst professional investors all over the world. If you want to begin buying gold with Bitcoin, you can learn more here.
  • Purchase bullion bars. Another way to invest in gold is to purchase bullion bars. If you are the type of investor who likes to have the asset in hand, the bullion bar is one to highly consider. Called a bullion, this bar is that it is a block of gold and will be worth a significant amount of money. While there is risk in investing no matter how you go about it, the trouble with a bullion bar is that it can easily be stolen. When investing in a physical piece of gold, it is critical to ensure that you have a safe or another mechanism to keep it secure and out of the hands of thieves.
  • Invest in gold receipts. Another way to invest in gold is to purchase receipts. Purchasing gold receipts has been a form of investment for centuries. People did not want to have the physical metal in their possession because it could be a hard asset to protect. Therefore, investors would pay a bank for a gold receipt and the bank would keep the metal in safekeeping for the investor. Because this practice is so old, not many banks offer this type of investment any longer. However, the Royal Canadian Mint offers electronic receipts that are fully backed by gold that is stored in a vault for safekeeping. As a receipt owner, you have the ability to buy, trade, or exchange with other investors of who also have gold receipts.

Investing in gold is quite popular as the fluctuation in the metal market swings all the time. Some enjoy the ability to make a quick profit because the prices are always fluctuating while others choose to hold onto their gold for the long haul. Whatever your reasons are for wanting to invest in gold in 2018, there are several ways to go about doing so. The best course of action is to weigh your options and then choose the one that most fits your needs.

 

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