Is Gold for You? 5 Points to Check if This Asset is Compatible with Your Investment Profile

Even though gold is an excellent financial instrument for preserving value, it requires a specific mindset and clear goals. Before considering this option, it is important to ask yourself: Is gold a good option for me?

Not all types of investments are suitable for everyone. Investing in gold is a long-term decision.

Who is Gold NOT for

Despite its benefits, gold does not necessarily represent an ideal investment if you identify yourself with any of the following points:

1. You have a short-term savings horizon: Gold tends to perform better in the long term, hence, generally,  it is not considered an ideal instrument to obtain quick returns.

2. You have no tolerance for volatility: Gold’s value can go up and go down in the short term. If this causes you worry or anxiety, you may not feel comfortable investing in gold.

3. You frequently consult your statement: Gold is ideal for those who can “forget” about their investment for a while and free themselves from the stress of its immediate profitability. If you feel the need to review your portfolio's performance weekly or monthly, you'll probably prefer fixed-income assets with lower short-term volatility.

4. You do not consider it necessary to keep your valuables in high-security vaults: If you like gold, but prefer wearing it in the form of jewelry, investing in pure gold and keeping it in high-security vaults is an added value that some people might consider not essential.

5. You do not consider it important to diversify your investments outside your country’s financial system: Physical gold is usually stored outside the financial system, in vaults located in safe jurisdictions, and free from the counterparty inherent risk of financial institutions. For those who fully trust in the stability of their country and the unbreakable nature of its financial system, this might be considered unnecessary.

Who Gold Is For

On the other hand, if you share some of the following criteria, gold might be a suitable component of your financial strategy:

1. Your savings horizon is 3 years or more.

2. You have tolerance to volatility: You understand that the falls in the short term are part of the natural behavior of gold’s price.

3. You do not review the status of your investments weekly or monthly, but prefer the peace of mind of an attractive investment in the long term

4. You consider it important to keep your metals safe: You seek maximum protection for your metal holdings and value the power to keep them in high-security vaults, instead of keeping them at home.

5. You consider it important to protect part of your savings in a safe jurisdiction, outside your country of origin and its financial system: You understand the importance of diversifying the geographical location of your investments, freeing up part of your portfolio from the risk of your country of residence.

The Importance of Aligning Your Profile with the Type of Investment

Not all types of investments align with everyone's investment profile. Just as some investors seek immediate returns, others prefer to preserve the value of what they've built and grow it gradually. Investing in gold is a long-term decision, suitable for those who value stability, financial autonomy and the protection of their patrimony.

Protect your Savings

Aktagold's mission is to help people around the world protect their money from the economic and financial instability of their countries of origin, giving them access to savings in physical gold kept in the most secure vaults in Canada, an option that previously used to be reserved only for those with the highest income.

Contact us and get more information.