Hello friends today i will guide you that gold versus cash in bank.as we are human being so we need different needs like food,clothes,homes etc but we also know inflation,hard ecnomic period,long term thinks about our portfolio so everyone want that cash is my needs and gold have itself many properties so what will be the good for me mean cash or gold.so today we will learn about it so lets begin….
Gold vs Cash
comparison between gold and cash
Gold and Cash have both advantage and disadvantage example when we keep cash in bank or with ourself we have advantage like we use it where we needs of something directly,we invest it easily,we can easily exchange in our country.every one accept it.we can buy any thing easily.mean cash is high liquified exchange rapidly but on the other hand it have many disadvange like for long term its value is decrease ,in hard ecnomic period cash is not good than gold,its burn,it take large space,everytime we worry about thief.
AND as gold has also many advantage like its value is not decrease,it help us in hard ecnomic,it can be use any where,we can use it as jewellery,it safe our portfolio ,it decrease our loss in money we invest in stock market,it not burn easily but on the other hand gold is we do not use directly for our needs as cash.and also we donot use gold for our smaller needs echange.we also not know about its purity,if we needs for something in short term so we will always gain loss.
gold vs cash
How i manage my portfolio gold vs cash
as a investor the best idea about gold vs cash is do not invest all amount in gold.if you are salary person than invest some percent of your income for which you do not need in short term and place some amount in your bank as for your needs in this ways your portfolio will be safe and you will not loss anything but invest every month from your income regularly in pure gold i prefer physically gold and the remining pays your bills and also invest some amount in stock and take some cash in your bank for any short term needs
so in this way you can gain advantage of both gold and cash but place gold high than cash
conclusion
as we discuss gold vs cash both advantages and disadvantages so now i think you know about still invest every month in gold and place some amount in bank so if you needs than you easily use your cash in bank and also in long term you can gain the advantage and profit in gold mean you are going to be rich
FAQ.
question1.Does holding gold beat inflation?
answer.yes if you hold gold for a long term than it will beat inflation,as every year when inflation arise so value of cash is decrease so gold is a thing which cannot beat inflation.
question 2.DOES GOLD INCREASE IN VALUE?
answer.the short answer is yes in long term gold intransic value is always increase and if not than remain same never decrease.
question3.Cash vs. Gold: Which Asset Could Prove Better?
answer.cash and gold every has itself benefit but for long term gold is better than cash if you not needs any shortterm needs of it
