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Price of gold is up. Investing for low-income investors
This is the ticker on the gold page today: Today is March 17th, 2022.
Gold Prices Today: Gold Bid: $1,948.20 Ask: $1,958.20 Change: $41.00
This does NOT happen every day, however more and more people are investing in gold due to the Russian Ukraine conflict. When investors are not sure what to do, they invest in gold.
We have found gold investments to be a safer investment when uncertainty arises due to troubling times. One reason we encourage the OneGold platform whose insurer is Lords of London, is because of the ease in purchasing and taking procession of gold purchases.
Investing in gold includes risk just like any other investment, however, over the years, the risk has been low. This is an investment you can implement regardless of your financial status or social standing. All it takes is a valid debt or credit card.
Last week, was a historic week for gold as the Russian invasion of Ukraine continued to escalate. Investors throughout global markets finally realized the conflict was serious and the ban on Russian oil would cause severe financial changes around the world.
Regardless of your investing pattern, including gold in your financial plans may be a good idea. This is an especially good investment type for people with low income and a limited amount of monies to invest each month, regardless of which country you live in. The key to sucess is to consistently invest $5 to $500 a month, rain or shine.
Sandy Ingram is the publisher of the Edu Matrix channel on YT, where exotic currencies, mostly the Iraqi Dinar and the Vietnam Dong are discussed along with other low-cost investment opportunities, including gold and equity share investments. You can follow us here on Medium.
