The most experienced investors know that gold never depreciates, and therefore it is a winning investment. This metal is real money, and it constitutes a risk-free asset; most importantly, it constitutes armored financial insurance against the crisis and its impact on retirement funds. Thinking of a solid asset for after retirement marries perfectly with an investment in physical metal in the long term, without risks and with a full guarantee.
Whether in gold bars or gold coins, governments, financial institutions, and private investors prefer to purchase the metal in physical form since it is one of the most important assets in the field of raw materials, capable of attracting both professional investors as well as those with little investment experience.
Undoubtedly, the future pensioner fits into this last category, and he has a lot to gain for his future after retirement from work, which opens up an important period of his life, considering his extended longevity.
Since the advent of the recession, saving has become a relevant issue for governments, companies, and families. According to data provided by the INE, only 30% of citizens have enough income to be able to save; however, other private studies on “smart savings” have established that 6 out of 10 Spaniards can afford to save something each month.
This has been possible thanks to the reduction in spending on leisure or non-priority consumer products, the decrease in night outings, dinners in restaurants, and purchases of clothing and accessories in seasons without sales. All in all, to think about the tranquility of your future, it is necessary to think about solid forms of savings that offer better guarantees in the face of uncertainty, present in all spaces, from the stock market to the nearest bank.
Although investing in bonds and shares or acquiring private savings insurance are valid options for thinking in the medium and long term, what is involved in this case is investing in an asset with the least amount of risk in a scenario characterized by uncertainty. In this way, establishing budgets and following them to the letter can be a quite valid tactic as long as it is framed in a strategic vision where saving in metal is at the center of your planning.
Thus, when the time comes to invest in the precious metal, individuals have options to place their money in certificates of deposit, acquire shares in mining companies, exchange-traded funds (ETFs), and even digital ways of owning the metal that can be exchanged for its palpable modality. However, the safest form of saving in this case, recommended for those who want to preserve value for their pension, consists of buying physical metal.
Once the form of investment has been decided, the individual must take into account factors such as liquidity, custody, storage cost, purchase volume, commissions, and points of purchase and sale. For example, acquiring coins and ingots creates the need for storage, for which there are specialized companies that allow investors to substantially reduce expenses.
Finally, while the political class debates between creating a new tax, creating hybrid systems, or returning to the Toledo Pact, all to keep the pensioners’ piggy bank afloat, you can opt for this form of solid savings, which will allow you to maintain and revalue their assets and ensure a dignified retirement protected from economic turmoil.
