Time To Invest

The recent events, both good (giving birth, christening, big boy going to school and applying to big school) and bad (the flood brought by Typhoon Ondoy, kids getting sick) have almost wiped out our savings. Unfortunately, this is also the time of the year when the number of patients start to dwindle.

Now, more than ever, we are feeling the need to put aside money in investments. Since we do not have a very big amount to invest and to risk, we are better off putting our small extra cash in gold coins by a reputable coin dealer like Monaco Rare Coin. After all, precious metals usually appreciate in value. They may depreciate once in a while but usually it goes up over the long term. It's also easier to store. And if, heaven forbid, it gets flooded, it does not lose its value at all and you can still sell it at market price (except, of course, if you lose it).

My father used to give me gold coins as gifts for my birthdays. I think I will do the same for my kids when they are older and know the value of such.

But the reason why I want a tried-and-tested dealer is that, as with everything, there are scammers out there who will leach your hard earned money. In such cases, instead of earning or at least saving your money, you lose it.