- Posted by GBM Blog
- On February 27, 2015
- 0 Comments
Gold is often thought as a prudent investment vehicle, potentially a hedge against inflation, as well as being considered a fairly safe investment. If you have not done so already, it is worthwhile considering diversifying your investment portfolio and investing in physical gold. When you have decided to make the investment, you then need to find a reputable company to deal with, and there are certain things that you should consider.
Find a Reputable Company to Buy From
Finding a reputable company seems like common sense, but you do need to check out any company before you commit to purchasing your gold from them. Questions you should ask a company are things like how long they have been in business, and what industry accreditation do they have? Any quality company will be more than happy to answer any of your questions and help to put your mind at ease.
With the advent of technology, every company has a website, and you should be able to find out plenty of pertinent information from it. Usually a reputable company will advertise the price that they sell gold at, as well as the price that they will buy it back at if you need to sell. If the information is not posted clearly on their website, then you will have to call them or send them an email. The response that you get and how quick you receive it will go a long way to show the level of customer service that is offered should help put your mind at rest.
You will want to find yourself a company that offers a personal service with a dedicated contact who can answer any of your questions and facilitate your requirements.
Other Factors to Consider
A lot of companies that deal with gold offer various products such as bullion, smaller gold bars, as well as gold coins. You will need to decide which product you are going to invest in, and try to make an informed decision.
If the company that you are looking to purchase from is not local to you, then you will also need to consider delivery. How will the company deliver your order to you, or will you go to collect it? If the company has to deliver the gold or if you have to pick it up, then this all adds to the overall cost of your purchase.
One of the most important factors, you will need to consider is where you are going to store your gold. If you have a safe at home, this is not a problem, the same as if you already have a safe deposit box in a bank. If neither of these is available to you, then you will have to consider the expense of investing in one of these solutions, to help safeguard your investment. All you need to do then is sit back and watch your portfolio grow!