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Coco and Issi`s Blog Site

Grandfather’s Gold Investment Paid Off

October 26th, 2009 . by admin

Not only is gold a rich commodity here in America, it is valued around the world. The purchasing power of gold globally surpasses the purchasing power of the American dollar. My grandfather had invested in gold over fifty years ago, mostly in the form of American gold coins. His investment has paid off and he is financially set today. He has never played the stock market, does not have a pension plan and has always warned anyone who will listen that investing in mutual funds is risky. Considering his success, I am getting ready to convert at least half of my cash into gold before the purchase price goes up any higher.

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