Gold on Wedding

[khattichic]

Re: Gold on Wedding

@Laadli

On a side note, regardless of whether you want to wear gold or not or feel it should be part of the trousseau or not, from an investment perspective it makes much more sense than anything else.

i understand if you want to spend the money on holidays or houses etc, but if you want to invest the money in something and save for a rainy day, definitely go with gold (tablets or jewellery).

if the recession has taught is anything it is that gold, unlike properties or monetary assets, is immune to economic fluctuations. Historically economies have always reverted to the gold standard in times of economic hardship. Property prices will sink, bank savings will disappear into thin air.

But it gold rides out the storm every time.

Depends on your location…my real estate investments have only appreciated…IMO it’s a much better investment that is slow and steady and is already generating income whereas my gold is not.

edit

I just wanted to add there is a huge difference between pure gold bars/coins/biscuits and jewelry, from an investment point of view. Anyone who has ever traded in, exchanged or sold knows how much you lose once they minus out labor, finishings, gem stones, slight mixing to make 22K etc. So purely from the investment point of you, unless you’re buying only the pure stuff in bars or coins and won’t be making jewlery, I still believe a proper, well thought out real estate portfolio is a more sound investment