Do you know the 'mindset' of each saver is very different?
Understanding where you stand as a gold buyer will certainly facilitate your goals and objectives.
Your position will affect the actions that need to be taken when the price of gold rises or falls to make a profit in physical gold storage.
I hope that after reading this article, you will increase your understanding of the purpose of buying, storing, and investing in gold.
Three (3) Types of Mindset in Gold.
1. Gold Saver - Savings for protecting wealth
2. Gold Investor - To generate profits 'Buy Low' - 'Sell High' Gold Dealer
3. (Gold Dealer) - To Generate 'Passive Income'
1. Gold Saver.
This group buys gold as an alternative deposit to cash deposits.
The goal of the 'Gold Saver' is to keep his money in the form of Gold because he believes that gold is the real currency and is a protector of wealth
A gold saver will not be 'affected' by the rise and fall of gold prices, for him the most important thing is that the weight of the gram of gold increases every month,
so he will buy gold every month even if it is as low as 1 gram. If there is excess money such as bonus, overtime, and GST money, in his mind he wants to convert the money into gold first.
For him, it is safer to keep the money in gold to avoid unnecessary spending. Gold Saver - 'Gold Saver' has long-term goals.
He will 'hold' the gold for as long as possible as long as his savings objective has not been achieved, for example:
1. Saving for an Emergency Fund.
2. Children's University Study Requirements.
3. House Deposit.
4. Performing Umrah and Hajj
5. Save For Old Age
6. Retirement and more
Gold hoarders will try to avoid selling the collected gold.
If they are in desperate need of money, gold savers will make a temporary lease and choose the 'Ar-Rahnu' Islamic Mortgage.
The ultimate goal of the Gold Saver is to always 'increase gold assets every month and finally to become Rich because his wealth is always increasing.
Public Gold is the only gold company that provides facilities for you to start saving gold with as little as 1gm of gold per month.
If you want to become a Smart Gold Saver, make it a starting point by saving Gold every month by Clicking Here
2. Gold Investor
These people buy gold as an investment tool for more cash returns.
Gold investors profit by buying the best price and selling it when the price is high.
Features of Gold Investor
- He chases cash returns and considers gold as an investment tool that can generate profits
- He saw a percentage increase in the price of gold in a certain period of time such as 3 months, 6 months, and 1 year. For example, he targets a 25% increase to sell the gold he bought when the price was low.
Gold investors will buy physical gold of several pieces weighing 100 grams or more.
This is because the 'spread' of buying and selling gold of 100 grams or more is usually lower (4% - 6%) compared to gold weighing less than 100 grams.
In other words, the lower the 'spread' the faster you make a profit!
Gold investors must also know how to read the 'Chart' of Gold prices and must have knowledge of 'Technical Analysis' and 'Fundamental Analysis':
1. Gold Technical Analysis
2. Gold Fundamental Analysis
There is a 'Charting' course that you can take to familiarize yourself with the ups and downs of gold prices and when is the right time to buy and sell physical gold.
There are many other factors that cause the price of gold to rise and fall that you need to know.
As a 'Gold Investor' you need to always be aware of the development of the World's Political and Economic situation.
The goal of the 'Gold Investor' is to make a profit and increase his money. I have built a 'Gold Trader' Group
if you are interested and want to get information about the price of gold you can join this group by clicking this link: https://chat.whatsapp.com/Cb9wrts1KPZIyLkUpjo1F7
3. Gold Dealer
This group can simultaneously be Gold Savers and Investors.
Originally, they bought gold for their own storage and then made a profit by selling gold at a higher price to the foreign market.
The Gold Dealer is the most profitable because it is easier for him to increase grams of gold and at the same time increase money.
'Gold Dealer' does not need to have a gold shop but conduct an online gold business 'online' and meet friends who are interested in buying and storing gold.
Public Gold gives Gold Dealers the best opportunity to do business and at the same time build their business empire and earn 'Passive Income'.
By 'Sharing' the knowledge of gold, the 'Gold Dealer' can make a profit when his 'customer' buys gold.
For him, knowledge and understanding of Gold is essential for all Gold Savers and Investors. the 'Gold Dealer' shares Gold Knowledge,
it can build a good relationship between all people who are interested in Gold and can then become business partners.
3. Conclusion.
If you want gold grams to increase and money to increase, 'Gold Dealer' is the best position for you.
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MOHD SULIMAN HAFID - PG 027857
Star Master Dealer Public Gold
Bio :https://OneGoldDinar.net
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