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There are several advantages to buy gold coins India and even silver coins online. Not only are these valuable assets that grow with time, they can also be used as gifts for special occasions to give to your family and can become a stable guarantee for your old age. For generations, people have collected gold and silver coins. There was a time when savings meant simply buying gold, and since gold jewellery and silver jewellery depreciates in value because of the complicated designs, people used to set aside money to buy coins every year. And they had good reasons! Here are the top 4 reasons that people invested in coins as opposed to jewellery and why it is far more preferable over paper money. As birthday and anniversary gifts – When you buy 24 carat gold coins or Buy Silver Coins India, think of them as assets that grow with time. Unlike other gifts like cars, appliances and gadgets that depreciate in value right from the day the packaging is opened, gold coins and silver coins only increase in value over time. This is why our parents collected these coins and gave them to us one at a time for special birthdays, anniversaries, weddings and special ceremonies like graduation, first job, first baby etc. In Diwali and Christmas hampers – Today Diwali and Christmas have been widely commercialized, with people not only gifting their loved ones but also business associates. Those with their own business or those who are in a corporate setup where there are possibilities to rise higher by promoting themselves can greatly benefit if they Buy Gold Coins and Buy Silver Coins that can be put in to gift hampers. Since coins are available in a variety of sizes and rates, these can fit all kinds of budgets to create a lasting impression. For pawning against cash – For bad days when urgent money is required, it is not a bad idea to pawn gold and silver. While some years back gold coins and silver coins were pawned at local stores where interest rates were high, today all local and nationalized banks will offer loan against precious metal. This is why it is a good idea to buy gold coins India and Buy Silver Coins India to keep aside for a rainy day so that you don’t have to break fixed deposits or dip in to savings in medical and personal emergencies. For your retirement plan – Retirement is a time when you want to relax. And today, a diversified retirement portfolio is a must. Therefore, instead of investing all your money in bonds and mutual funds, use a set amount to buy 24 carat gold coins and to buy Silver Coin Online. This will diversify your portfolio because investing in precious metal is a wonderful hedge against inflation. So, you see that there are several advantages you enjoy when you buy gold coins India and even Silver Coins. These are also safe to store and you can be rest assured that their value will increase year after year. This is why, every year, make it a point to save some money specifically to buy a gold coin and silver coin each and by the time you are 60, you will have created a comfortable nest egg for yourself.
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