I really don’t know where to buy gold, but what I know is, the value of gold does not depreciate. It just appreciates over time.
That is why I have read somewhere that it would be great to invest your money in gold bullion because over time, its value will just increase.
But honestly, here in the Philippines, I would not know how much one bullion costs and how it is purchased. I am also doubting as to the authenticity of the gold bars because I read an article about how one was ripped off because the gold bars were hollow inside and filled with a metal that has the same weight and density as gold. So how can you be really sure that what you got are authentic ones.
And then of course there is the question of security. You will need to rent a bank safe in order to keep your gold bars secure. At least in the bank, you can declare the value of your deposits and then claim insurance if something happens.
I honestly believe that gold bars are great investments for your kids’ future, but I just don’t know how to go about it.