How do you invest in gold?

[rts1980]

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I am neither an expert nor do I have an experience in investing in gold, pero based lng sad sa ako nabasahan, the rich generally invest a portion of their wealth in gold because the dollar or whatever currency is fast losing its value due to inflation especially during times of crisis ky gov't all over the world kept on printing money...So wealthy people generally believes that the only "money" that has real value is gold... for more of the historical exposition on this and the global financial crisis i strongly suggest u read Robert Kiyosaki's ongoing online book for free

its here: Home | Conspiracy of the Rich: The 8 New Rules of Money

mao b!! tnx for the info but don't have time to read.. cge nalang, i think no one here knows man cguro, mudiritso nlang ko sa mga banks para mag inquire..

[young investor]

I’m just new here in site, I’m only young at age, but for almost ten years at the tender age of 17 years old I started investing.

I saw this thread discussing about Gold investing and other, like commodities, yung ibang post naiintindihan ko kahit “bisaya” kasi po tagalong ako but my parents are from Bacolod, kaya kahit paano naiintindihan ko ng kaunti, “gagmay lang ba!! Hehehehehe.

Now let’s go to our topic about investing in Gold and others. What I’ve learned and practicing now is before we start to invest something or somewhere, let ourselves educate first as “Robert kiyosaki says”.

Financial intelligence is so important in our times. In the information age, anything consider the stocks, or paper asset, the real estate, business and even gold are actually not an asset rather it is your “financial IQ” is the real asset, without this we can’t say the commodities or gold are asset. All things are subject to volatility.

I just want to give you a little wisdom about this. For example ones the stocks are declining or the value of one asset is going down, it means another asset is climbing.

Like gold, it is now in sky rocket or the value of gold is increasing, why? Because other things are now devaluing this is the paper money. When the paper is too abundant the precious metals like gold is now in its turn.

Most people like salesman think that the term “investing” is just buying stocks or putting money in mutual fund which is wrong. Investing is a broad subject; we must use our logics and our mind in real investing. So I encourage all of us to invest, not only tangible asset but mostly invest in our intelligence.

Sorry for my grammar, but I have to practice English language. Thanks and I hope for peace!

[rusha84]

I’m just new here in site, I’m only young at age, but for almost ten years at the tender age of 17 years old I started investing.

I saw this thread discussing about Gold investing and other, like commodities, yung ibang post naiintindihan ko kahit “bisaya” kasi po tagalong ako but my parents are from Bacolod, kaya kahit paano naiintindihan ko ng kaunti, “gagmay lang ba!! Hehehehehe.

Now let’s go to our topic about investing in Gold and others. What I’ve learned and practicing now is before we start to invest something or somewhere, let ourselves educate first as “Robert kiyosaki says”.

Financial intelligence is so important in our times. In the information age, anything consider the stocks, or paper asset, the real estate, business and even gold are actually not an asset rather it is your “financial IQ” is the real asset, without this we can’t say the commodities or gold are asset. All things are subject to volatility.

I just want to give you a little wisdom about this. For example ones the stocks are declining or the value of one asset is going down, it means another asset is climbing.

Like gold, it is now in sky rocket or the value of gold is increasing, why? Because other things are now devaluing this is the paper money. When the paper is too abundant the precious metals like gold is now in its turn.

Most people like salesman think that the term “investing” is just buying stocks or putting money in mutual fund which is wrong. Investing is a broad subject; we must use our logics and our mind in real investing. So I encourage all of us to invest, not only tangible asset but mostly invest in our intelligence.

Sorry for my grammar, but I have to practice English language. Thanks and I hope for peace!

good for you, you started so young time is a very precious asset as well...

[young investor]

Most people on earth don’t know about “world of investing”, or to make it broader “The Financial world”. Last time I asked my mother about money, she was shock when she I told her that money is no longer back up by gold, it is support by nothing.

Even most of young ones and adult have no idea about what really happens in our economy and money matters. They have no idea about true investing.

I’m very thankful, that in my age, my eyes were open to what is happening in this world, why most people are poor, and why some are rich. That’s the reason why instead I finish my studies, I chose to find ways on how money works.

I’m not old enough to teach about investing but my understanding lead me to share what I’ve learned and tell to everyone who

[young investor]

Most people on earth don’t know about “world of investing”, or to make it broader “The Financial world”. Last time I asked my mother about money, she was shock when she I told her that money is no longer back up by gold, it is support by nothing.

Even most of young ones and adult have no idea about what really happens in our economy and money matters. They have no idea about true investing.

I’m very thankful, that in my age, my eyes were open to what is happening in this world, why most people are poor, and why some are rich. That’s the reason why instead I finish my studies, I chose to find ways on how money works.

I’m not old enough to teach about investing but my understanding lead me to share what I’ve learned and tell to everyone who seek answers.

[jabez_rmc]

i agree young investor...please note that part of learning is asking...that's why TS asked the question here...

congratulations also....good job in being a young investor at a very young age

I’m just new here in site, I’m only young at age, but for almost ten years at the tender age of 17 years old I started investing.

I saw this thread discussing about Gold investing and other, like commodities, yung ibang post naiintindihan ko kahit “bisaya” kasi po tagalong ako but my parents are from Bacolod, kaya kahit paano naiintindihan ko ng kaunti, “gagmay lang ba!! Hehehehehe.

Now let’s go to our topic about investing in Gold and others. What I’ve learned and practicing now is before we start to invest something or somewhere, let ourselves educate first as “Robert kiyosaki says”.

Financial intelligence is so important in our times. In the information age, anything consider the stocks, or paper asset, the real estate, business and even gold are actually not an asset rather it is your “financial IQ” is the real asset, without this we can’t say the commodities or gold are asset. All things are subject to volatility.

I just want to give you a little wisdom about this. For example ones the stocks are declining or the value of one asset is going down, it means another asset is climbing.

Like gold, it is now in sky rocket or the value of gold is increasing, why? Because other things are now devaluing this is the paper money. When the paper is too abundant the precious metals like gold is now in its turn.

Most people like salesman think that the term “investing” is just buying stocks or putting money in mutual fund which is wrong. Investing is a broad subject; we must use our logics and our mind in real investing. So I encourage all of us to invest, not only tangible asset but mostly invest in our intelligence.

Sorry for my grammar, but I have to practice English language. Thanks and I hope for peace!

[kemiko7]

nice thread...more info are coming...

by the way sharing what i read....

investor is someone who puts there time and money in something to keep for generation to pass on.

trader is someone who buys stock low and sell high.

flipper is someone who buys real state low and sell high.

para dili ma ot...they said time is gold...you want to invest in gold..invest in time...daghan sa tao nag invest money pero wala kaayo sa time.

[young investor]

Daghang salamat po! At naintindihan ninyo po kahit paano yung explanation ko kahit baluktot yung English ko! Sorry po mga “igsoon”.hehehehe

To make the topic broader, and other readers may benefit to our site, let us make it more particular. I hope you will get my point.

Many people in our country, even outside, have wrong notion in the word “investing”. Others thought that investing is just investing in mutual fund, others are in stocks, others are in gold and the worst, others thought putting their money in the bank like savings, or time deposit is investing. Well to be honest with you, they are wrong!!!

Investing is a plan, it is a financial plan. In every plan there is a certain goal, and to get that goal there are certain ways or steps you will make or you must do.

For a simple analysis, if you want to go to manila from visayas, you ride a vehicle, and what kind of vehicles, if you want to see every roads and surroundings use bicycle or motor cycle, and to be more safe ride in a car and if you want to go to manila fast ride an airplane.

Same in investing, people have different goal in life. Other people want to be rich quickly so they ride an airplane, others may not, they want to see every roads and street and memorize or familiarize the surroundings they take motorcycle or ride a jeep, and they build business. In business you will know how to get there and know how to go back. Some people don’t want risk; they say motorcycle is risky, so they go to mutual fund. They let strangers manage their own money without knowing how they used it.

In investing there are so called “investment vehicles”, tools you’ll need in order to go to your goal. You will ride to it in order to pursue your dreams financially.

Most people invest their money without investing first, the very important things; the time and knowledge. Knowledge sometime takes time to be born, and time cannot use without knowledge.

Sa maliit kong magagawa with my experience and research, I encouraging to all readers to participate in topics, Questions or assessment of what they read. As we go on, by the help of God we will try to explicite some things in investing.

I’m not an expert but what I learned in life and acquired wisdom, I’ll try to explain more details some main points in investing.

[young investor]

if someone who wants to ask about investing, or wants to answer them directly to their question, i'm sorry! what i'm saying is a GUIDE. . .please pardon me

[rts1980]

good day.. i' already talk with the bank and dili man daw sila mu offer ug gold.. they say the only way to invest in it is to buy gold bars and keep it para mu saka ang value nya.. para nako, mura d i mugawas ug hoarding ang imung gebuhat.. i dunno know but for me, this is very risky.. unles, maau kaau ka mu tanaw sa gold and kabaw namu sa mga know how.. but as businesssman, mura di pa ko makapasalig sa akong kaugalingun na mu take sa risk in investing kay i don't knw the mechanics and secondly, lahi raman jud if naa jud makatudlo na tao which naka agi na jud ani nga clase na investment and ning succeed.. lahi ra ang reading the book and learning with practical application..