Thursday, July 24, 2014

Money's ...Fire Insurance!

   Financial Fire Insurance, preserving money of what you've got.   Now, you want keep it and insure its value.  So, where do you go from here?  There's been all forms of monies or forms of payment since time began.  The old saying "your not worth your salt"  was a value or worth statement...which still holds.  Salt was a form of payment in medieval times.    There's all forms of payment,  but do they hold up to value?

   The question is, what holds its value always in good and bad times?  You guessed gold?  Now to protect yourself from economic times of unrest or devaluation of money, it's gold that acts like fire insurance.   If you have it, you're protected to weather the storm.  If not, hang onto your hat.

   Wondering how to hold it?  That can be a good thing to think about.  Gold coins or bullion are ways to hold and collect it for your future needs or safety.  Size is another question.  Best way to manage is in small quantities like small sized coin or bullion.   This way makes it easy for exchange.

   Now, think about it..... to be continued.            


         

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