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Is buying a Krugerrand a good investment?

DHat

By DHat
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DHat Newbie

DHat

Posted
Posted (edited)

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...
Rian Visser Newbie

Rian Visser

Posted
Posted

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.

  • 3 months later...
Sarvar295 Newbie

Sarvar295

Posted
Posted (edited)

Hi, colleagues

 

What do you think about property investment in Dubai?

My friends bought a property in this city a few years ago. And now the value of real estate has almost doubled. I compared the prices on the website of a real estate agency in Dubai https://www.axcapital.ae/ Now I have accumulated a certain amount for investment, and I am considering different options. What do u think about this? Are there other investment options?

Edited by Sarvar295
  • 1 month later...
multibagger Newbie

multibagger

Posted
Posted

Gold and silver krugerrand coins can be great investments but their secondary multibagger market price often surpasses the coins' face value. These coins have a number of other names including South African gold coin, South African gold Krugerrand, or simply Krugerrand for short. It is the official national coin of the Republic of South Africa and has been since 1967.

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