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Is buying a Krugerrand a good investment?


DHat
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Hello

 

I have an RA but we are looking to invest a bit more before we retire in 15 years or so (yes, we're also looking at crypto). 

 

Would buying gold and silver krugerrands in April (2021) be a good idea? 

 

I read somewhere that April is historically a good month to buy? 

 

What percentage profit could we make if we sell in 15 years? 

 

Thanks for answering my amateur questions 😊

Edited by DHat
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  • DHat changed the title to Is buying a Krugerrand a good investment?
  • 4 months later...

Investing in physical gold is always a good idea. It should always form part of your investment portfolio. But, Gold should be a long term investment. Do not buy and sell to make a quick profit. One can never predict the gold price in 5 or 10 years, but it has always shown great growth over the long term. Whenever, or wherever I can snatch up a 1/10th, 1/4, 1/2 or even full ounce at a good price, I do so.

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