Making The Most Of Your Money

Diversify Your Investments This New Year With Gold US Coins

20 December 2022 by Glen Robinson

The start of a New Year is often a time for resolutions, and taking a long look at your finances is a common choice for many people. But instead of just trying to put more money into your savings account or stock portfolio, another option you could consider would be to add a physical commodity that would offer you some diversification. Specifically, investing in gold U.S. coins could be a good way to prop your portfolio up a bit and provide additional peace of mind. Here's why you might want to look into buying some gold coins in the near future.

A Different Market

While it's possible to make a wide range of investments in the stock market, if the entire market seems like it's going down over a stretch of time, your portfolio isn't going to be looking so good. Gold as a commodity will also go up and down in price but by putting some money into something that's not the stock market, it can provide you with another option to prop up your overall holdings even when the stock market takes a nose dive.

Hold Your Money in Your Hand

There's also something to be said about being able to actually see, touch, and hold your investments. Most people aren't going to go out of their way to get a stock certificate for every company they hold shares in. But it's relatively easy to start a gold coin collection and keep the coins on hand. Being able to actually see your new investment and touch it directly can provide a more tangible feel to your holdings and provide greater peace of mind. Even if the stock market goes down, your gold coins are still sitting right there.

A Faster Turnaround During Emergencies

Having gold coins on hand could also prove beneficial if you ever need a quick boost of cash for your emergency fund or an unexpected expense. With the stock market, you'd have to sell off your holdings, wait for the funds to settle, and then wait for the funds to transfer to your bank account. If you have gold coins on hand though, you might be able to just scoop some of them up and find a buyer the same day who will give you cash. 

Invest in gold US coins and you will add further diversification to your portfolio and give yourself something tangible that you can hold onto in case of an emergency.

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