4 Gold Investment Strategies For Children's Education Funds, Parents Must Know!

Gold bullion illustration (Photo: Global_Intergold/Pixabay)

YOGYAKARTA A gold investment for children's education funds? Why not. Gold is the safest and liquid investment instrument.

Gold can be an investment option to prepare children's education funds because its value tends to increase from year to year. In addition, gold is also easy to disburse if you need urgent funds.

So, what is the gold investment strategy for children's education funds? Check out the full information below.

Summarized from various sources, Monday, May 8, 2023, the following is a gold investment strategy to prepare children's education funds:

If you want to prepare children's education funds, the type of gold that is suitable for use as an investment asset is gold bullion, not gold jewelry.

The reason this type of gold is suitable as a long-term investment is because the pure gold content in it has levels of up to 24 carat.

This means that the gold contained in it reaches 99.9 percent. Unlike other types, such as jewelry, because they often use various metal mixtures.

Related to this, you can buy gold bars in various sizes, ranging from 1 gram, 2.5 grams, 5 grams, 100 grams, 500 grams, 1 kilogram, and so on.

Gold investment can be started at any time, even with a small capital, you can still buy gold.

Related to this, you can buy gold directly at gold stores and Antam boutiques, or buy online through e-commerce and Pegadaian applications.

The key to the success of gold investment is patience and not being tempted by speculation, as well as discipline in execution.

You don't need to buy gold in large quantities if you can't afford it. Buying in small amounts but routinely and with more discipline will bring results.

In order for your goal to be achieved quickly, start setting aside regularly by 10 percent or more of the income for gold investment. Then, reduce consumptive spending as much as possible. It is better to divert consumptive funds to increase the value of gold savings.

If you invest in gold for children's education funds, don't be tempted to withdraw it.

Don't rush to disburse the gold you have. Choose disbursement at the best time, namely when the price of gold is rising or high. You can enjoy the maximum gold investment profits when there is an increase in prices.

However, the most important thing is to disburse it only when you really need it for children's education costs, not other interests.

That's information regarding the gold investment strategy for children's education funds. Hopefully this article can add insight to the loyal readers of VOI.ID.