Should I invest in gold for my daughter? She is only 2yo. Pls advise.

Hi, you can invest in gold by buying gold jewellery. It is always profitable to invest money in gold as the value of gold always appreciates. Gold jewellery attains the status of heritage marks as they get passed down through generations. Not only the jewellery acquires great monetary value, but they are often some of the excellent artistic pieces with a huge amount of sentimental value attached to it. You can also wear your jewellery and enjoy your wealth, before passing it to your daughter :) People have popularly considered buying gold jewellery as a sound financial investment. They consider this a secure financial decision. There are certain aspects that you need to take care of like: - Every kind of gold jewellery may not prove to be a profitable investment option. - You need to know about the investment-grade gold jewellery along with its price. This price should be close to the market value. Else, you might end up losing your money. Given below are the common benefits that people enjoy by investing in gold jewellery: - When you buy gold jewellery as an investment, you actually get to preserve wealth over a long term period, this can often pass on to several decades. One can also invest in gold jewellery in order to transfer their wealth in a hassle-free manner. - Investment in gold jewellery protects you in times of inflation. Gold does not lose its monetary value in the manner paper money does. If you compare them with stocks, gold also does not incur the risk of losing its worth. This is because, gold as a metal has an intrinsic value and has a saleable worth in terms of cash. Thus there is no risk of your failing to move it or access it during situations of economic downturn or civil unrests for that matter. - Jewellery falling under the investment-grade category contains a higher percentage of pure gold. If the karat is higher in number, it means that the gold content is high. So it is ideal to choose 24 karat or pure gold or 18 karat that is, 75% gold, if you want to profit through investment in gold jewellery. This gold is usually soft and if you buy items like necklace, earrings or brooches, you can well protect them in possible damages occurring by getting accidentally knocked against hard surfaces. - To derive the maximum benefits, you need to know that the gold market also fluctuates like every other commodity. You should therefore know the right moment to sell your gold, if you are in need of cash and prevent loss. Benefiting from gold investment requires skill as you must find quality sources of gold jewellery available at wholesale prices. Hope it helps!