Tuesday, January 08, 2008

All that glitters

Must be gold. I was watching the Travel Channel and they had a program on a ship wreck that had been salvaged. Among the items recovered were jewelry, ingots and gold bars. The gold bars were solid and heavy. Those bars are from the 1500's and they are worth much more today than they were then. That's the beauty of gold, it retains it's value and even increases exponentially.

Financial advisers often say that they best way to preserve your wealth is through diversification. Gold offers a great way to diversify your portfolio. You can buy gold in coin or ingot form and keep it yourself. Or buy bullion or bars from a company like Monex and their depository will hold it for you. No matter which way you decide to buy it, gold offers a great way to diversity your portfolio.

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