Re: Gold on Wedding
like I said, each to their own. I specifically mentioned tablets to circumvent what you quite rightly pointed out as the problems of attaining value with jewellery based gold.
but on a serious note, I would still argue that gold is a much much safer option than property. As the grand daughter of people who fled across the Indian border with nothing but the clothes on their back, and gold as the only portable assets in their pockets back in 1947. As someone who has witnessed hard working people who sunk large savings into what were promised to be extremely lucrative property developments in UAE, only to have their investments turn into ashes post recession. As someone who doesn’t live close to an area proven to have historically immune property sites. I would personally stick to gold. I never wear the stuff, but my mum (whose entire family inheritance was lost through corruption when her father died, and only gold remained when all their land was gone) would never have been able to leave Pakistan or send myself and my sisters to the very best schools in the country without a few gold tablets her mother gave her, which accrued value far more swiftly than anything else she owned.
Property can be a wonderful investment but you just have to be very careful and pray that nothing economically or politically disastrous happens in your lifetime to ruin it!
I suppose that’s why, as I have stated earlier, economies revert to gold standard and not land.