4 Legit Reasons to Invest in Gold Coins
People buy gold coins mainly due to three reasons - personal savings, family gifts, and corporate gifts. During festival and wedding seasons, gold coins are in high demand and thus bought online as well. Individual investors normally buy gold coins to save money. The following are some of the reasons why you should consider purchasing gold coins: 1. Gold is a tangible asset The benefit of carrying a tangible asset like gold coins is that it cannot be deleted or hacked. Gold coins, unlike bank accounts, brokerage accounts, and credit cards, are inaccessible to hackers and identity fraudsters. It is a smart idea to have some of your wealth in tangible form in today's digital environment. 2. There is no counterparty risk When you have gold coins, you don't need a paper contract to make it valid. There is no chance for a middleman or third party to fulfil contractual obligations. Gold is the only asset that does not create a liability for another person. Furthermore, gold will alw...