12.03.2010

I Like Gold

I think most women like to have jewelry and especially gold, so do I. I like to collect some gold jewelry. But nowadays, I like to buy gold for different kind of reason. If some people only buy gold for their jewelry to show off, I buy gold nowadays as a part of future investment. The price of gold can be higher in the future if we sell it back. That's why if I buy it now, there will be a chance that I will make profit if I sell the gold in the future. At this time, the gold price is still acceptable for me. So I think I will try to buy some more collection of gold when I have some money left by the end of the month. Then when the gold prices become so high, then I know for sure that I should sell my collection and make it into cash again.

Actually, this is not so difficult. My parent also did something like this for years. My mother like to have some gold jewelries. She had quite a good collection in her drawer. But nowadays, she already started to sell the collection since she need more cash for living. After my dad get retired from his job, they need to get extra income in order to cover their living costs. So my mom knew this gold spot away before I know it. So maybe I should also try to spot gold then make it as future saving.

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