A great deal of investments nowadays is made in the stock market. However, due to instability, there might be other forms of investing that make sense for investors as well. Entrepreneur Thomas Beggs is a huge advocate for investing in gold and silver and thinks you should consider using them to diversify your investment portfolio, too.
Thomas Beggs is the owner of Worldwide Precious Metals. A Canadian-based firm that began operation in 2002, they specialize in bullion dealing. This means that they provide investments in the form of precious metals, either in bars, ingots, or coins. They offer the ability to invest in gold, silver, platinum, and palladium. “It is essential to add precious metals to your investment portfolio to ensure future stability,” Beggs said. “You can store your precious metals like gold or silver in a fully insured and secure facility, arrange personal delivery, or invest in an RRSP account.”
Investing in precious metals is much less risky than traditional investing. Historically, gold prices have risen when the U.S. dollar has been weak. There’s also an increased demand for gold from countries like China, India, and Russia, often driving up the price. “Demand for many precious metals is larger than the actual supply, especially since metals like silver are used in photography and industrial applications,” he said. “There will always be a demand for gold, silver, platinum, and palladium.”
Beggs says that he always wanted to help people achieve financial stability through Worldwide Precious Metals “I know that these metals are a great way to make money and ensure your retirement,” he said. “We all know that a diverse portfolio is paramount in investing, and adding precious metals to your investments can help you survive even the steepest financial downturn.”
There’s no better time to invest in gold, silver, platinum, palladium or a combination of all these metals. When the market is trending downward, it’s always good to have dependable financial assets like precious metals. You know that you have a physical object with value, which can be much more reassuring than the stock market.