How To Invest To Retire In Comfort?

It is true that nowadays not many people are thinking about the retirement age and most of the times they imagine that this means to be old and why not, have boring activities. If we take a better look at the word “retire” we will realize that this actually refers to withdrawal to a place of safety and seclusion. But how can we reach that safety at the retirement age and fully enjoy our senior years?

Some people associate the retirement age with that period of time when we become a burden for our children or loved ones. This pessimistic point of view should be totally excluded from our way of thinking. This should be a period of time extremely beautiful when our loved ones enjoy spending time with us and benefiting from our wisdom. To be able to do all that we need to make financial and investment decisions even during our youth so that we can be sure we have the financial independence we desire.

It is far easier to spend than to save and invest, but this doesn’t make it wise. Yet, experience showed that money is unstable tools for saving. They are influenced too easily by the changes that take place in the world. That is why people tend to invest in goods. No matter how currencies vary, goods tend to keep their value longer. Real estate investments are considered very good, but costly because in order to maintain or increase their price you need to spend either a lot of money.

A great investment for the retirement days is gold, since it is considered the universal currency around the world. The items made of gold are appreciated even more than the raw material. For instance collectible items, like Gold Sovereign coins, made of 22 carat gold, are worth more than others items made out of the precious metal. These coins were first issued in 1489, in England by King Henry VII. The initial coins were of 23 carat and weight 240 grams and were engraved with the portrait of the king. Their production went on and off until our time. Every time a king came to the throne, a new emission of sovereigns was made. During his time, Henry VIII reduced the purity of gold to 22 carat, which was preserved until our times. Yet, the engraving and the weight kept on being modified. Nowadays they weight approximately 8 grams. Besides their obvious economical value, these coins are landmarks for the history of England and their value is increased by the passage of years. This is why they make a fantastic choice for investment as you can be sure that they will be worth very much even when you are old.

Many people prefer to make real estate investments, but we can’t ignore the necessary costs for maintenance or restoration work. Others prefer risky investments like the stock market or even a casino table. Like it or not, the way you invest is reflected in the way you live your retirement years. The best choice is to invest in something that would be worth even more when you are old. The solution in this case is to buy gold

Gold Sovereign coins are great investment tools for both coin collectors and investors because of the many valuable features including the traditional engraving and the 22 carat precious metal they are made of.

Leave a Reply