As I’m a gold shop owner in Nepal, I don’t recommend people to buy gold jewelry as an investment for the future because when you buy a jewelry you not only pay for the price of gold but you also pay for the making cost of it which is generally at 10%-15% of the price of the gold. However, what you can do is buy gold bar and coins instead so you don’t have to lose the extra money you paid to make a jewelry when you sell it in the future.
Most failures and loss on Investment usually happens when you invest without proper knowledge of the market. This is a great video, i learn a lot watching your videos and it has been helpful to me. Trading is quite difficult for newbies. Thanks to Mrs Maryjane Davies for improving my portfolio, her skills set is top notch. keep up with the good videos.
She taught me how to utilize the volatility in trading and I make gain from trading despite the price chart. Also the fact that I was able to withdraw without any issues is what I love about trading with Mrs Maryjane.
Thank you, I can't tell you how grateful I am to you for sharing your insightful. Sadly, too many people are going to get hurt because they failed to educate themselves on this subject.
It is an investment, the million dollar question is whether it is a good investment or not. Due to the fluctuations in price I consider it a rather shaky investment at the moment
Ofcourse gold jewerly is an investment provided its bought at the right price, just spend time in Asia and see ..I have been buy/selling gold Jewelry in Thailand for 15years for about 5% over spot , that included making charges etc for beautiful pieces and you can just go back in the shop anytime and sell back for cash .The West and Europe use low grade gold with crazy mark ups Asia looks at Jewelry as wearable wealth and uses either 22k ,23k or 24k
The West n Europe Gold isn’t low grade. We do have 18kt, 22kt n 24kt gold Jewerly that isn’t an issue but Gold is soft n tends to bend very easy as jewerly so of course we like 14kt n 18kt Gold more.
