In recent years, due to economic fluctuations and the rapid increase in the price of this precious metal, buying gold for storage has become a popular trend and more specifically, using gold buying app for investment. However, will buying gold for storage at this time bring significant profits? Compared to saving, both channels are considered safe and less risky during inflationary periods. Therefore, you can consider investing in gold to minimize financial risks.
It is important for investors to have a reasonable investment plan based on your capital and cash flow needs. Let's learn about gold storage experiences with HVA through the article below.
1. Determine investment goals
The goal of investing in gold is to seek safety and high profits in the long term. If investors are looking for quick profits in a short period of time, investing in gold is not a suitable choice. Investing in gold is similar to holding money for a long time.
2. Compare with bank interest rates
The average rate of return for savings deposits at Vietnamese banks is from 5 to 71 TP3T per year. Meanwhile, the average rate of return for gold investment is from 7 to 121 TP3T per year (according to the General Director of the World Gold Exchange - VTG). Therefore, before deciding to buy gold for storage, you should compare it with bank interest rates. This is a smart investment method, helping to create high and safe profits during inflationary periods.
3. Choose a reputable place to buy gold
To choose the right place to buy gold, the most important thing is to find reputable and long-standing gold shops. In such places, you are guaranteed the quality and liquidity of gold, as well as having many choices of designs and prices. Buying gold from reputable brands also brings absolute peace of mind, with clear purchase documents and product purity. Some reputable names such as PNJ, SJC, Doji, Bao Tin Minh Chau, especially HanaGold Online gold buying apps are all reliable options for investing in gold for the long term.
4. Choose a safe storage location
When storing gold, choosing a safe place to store it is an important part that cannot be ignored. A safe and convenient solution today is to use the gold custody service of major banks such as Vietcombank, BIDV, and AGRIbank. In addition, investors are tending to store gold through the form of buying gold online at the HanaGold application, which owns Gold Identification Solution HanaGold brings absolute peace of mind when buying gold.
Identified gold, through the integration of advanced technologies such as anti-counterfeit NFC chips and traceability, helps consumers check the properties and origin of the product quickly and conveniently. This not only ensures the quality and safety of users but also prevents fraudulent and counterfeit activities in the gold market.
Download the HanaGold app now to invest and accumulate Gold flexibly: https://hanagold.vn/mobile-app/
Information security, safety
With just a phone or computer connected to the internet, you can successfully buy and sell gold anywhere. With the 4.0 technology platform, HanaGold will ensure the security of customer information, help identify and manage customers' gold transactions well.
Increase investment and profitability
In addition to buying and selling gold online, HanaGold is an effective trading channel that can increase profit opportunities when updating gold prices in real time and will be closed quickly. Customers can keep up with all gold price fluctuations, buy and sell the fastest, creating high profits.
Conclude
Hopefully, through the above article, you have the answer to the question: how to make good profits from investing in gold. The important thing is to choose the right type of gold, make long-term investments and carefully research businesses that can help you invest with peace of mind and generate a lot of profit!