I am a Numismatist

A collector of coins is known as a numismatist and I am a numismatist since I was small. I also collect gold coin and have one gold coin given to me during Chinese New Year by my rich uncle who works as a doctor in his clinic in Singapore. The gold coin was about half an ounce in weight which is of moderate size. It is a worthwhile investment to buy gold coins which is a very hedge against inflation. If the inflation rate is 4% a year, then using the rule of 72, it takes 72/4 equals to 18 years for your money to become half its value. This is scary and therefore you need to find ways and means to increase your savings and beat the inflation.

Gold Bullion is Worth Your Investment

I own a few pieces of gold bullion like a gold coin, some gold jewellery like a necklace, signature designer gold ring, bracelets and pendants which were collected over the years since I was small. If you have access money to invest, then consider buying up gold bullion from the link given above which is a very good hedge against inflation. The price of gold has consistently increased over the last 30 years and will continue to be on the rising trend. Besides, gold bullion is more affordable as they are smaller in size. Buying gold is worth your investment because the yellow precious metal is needed worldwide, be it for handphone component parts, dentures, stamps and coins or jewellery.

Investing in Gold is Worth the Money

Investing in small gold items like bullion is worth the money. This is because gold is a good hedge against inflation. In 1970s, a gram of gold used to cost RM20 but it has increased drastically to RM130 now for a gram. That is why I opened up a Gold Investment Account (GIA) savings with Public Bank to invest in about 40gm of gold. It is less than RM5,000 and it gives better returns compared to Fixed Deposits at only 2.75% a year. And I paid about RM123 per gram at that time. Money that is invested in gold will surely increase in its value and perhaps beat the inflation.

Gold Bullion or Gold Ingots?

I used to think that gold bullion are huge and bulky like gold ingots. When I check some web sites, I noticed that they are actually small like gold coins and are more affordable unlike gold ingots that come in kilograms by the weight. Hence, I got both gold bullion and gold ingots mixed up. Now, with years of experience in blogging and surfing other web sites, I am more educated now with the various terms used. By the way, it is worth your investment to buy gold bullion if you can afford it because gold is a good hedge against inflation. It is better than parking your money in the bank that brings in very low interest rates.

I Love Gold

I love gold and own a small collection of gold jewellery and a gold coin given by my rich uncle in Singapore who works as a doctor in his clinic somewhere near Tiong Bahru MRT station. The gold coin is about half an ounce in weight bearing the national flower of Singapore. After having kept it for more than 10 years, it is now valuable and a collector's item. You can check out for more gold items in United States Gold Bureau. I have a gold designer's ring, necklace and bracelet all bought with my own savings after working hard all these years. I also own smaller pieces of gold given to me by relatives when I was small.

I have Worked in a Law Firm Before

I have worked in a law firm for a short stint for my aunt who is an advocate and a solicitor in Shenton Way, Singapore many years back. Well, the law firm is no longer operating now as my aunt is in her seventies now, time to retire gracefully. She handles all cases to deal with property transactions or also known as conveyancing which is more lucrative compared to litigation or fighting it out in court. There are different types of lawsuits that can be brought about by clients like Trasylol Lawsuit or Accutane Lawsuit in the States. It was an eye-opener for me to work for her albeit for a short while. At least I was exposed to the workings of a legal firm with hundreds of clients' files with a good filing system to keep track of so many records.