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What are the mistakes in investing in gold?

Since ancient times, gold has been used as a savings or investment instrument. Gold has also been proven to be inflation resistant so it is used as a hedge. Moreover, the value of gold will always increase every year so it will be profitable if you invest for the long term.
We can save gold jewelry or gold bars, but if our goal is to invest then gold bars will be more profitable. However, there are several mistakes that gold investors often make, so what are the mistakes in investing in gold?

What is your interestin buying gold?

We only bought gold to wear and never thought it would be sold and most housewives have the same thought. But so much is being talked about fluctaution in gold rates and this is more to draw attention of those who have plans to sell. The only time someone would sell gold is when they are hard of cash and it is possible at that time the rate could even be lower than what it was bought.

What is your thought on this?

Middle men

Middle men are those who connect a producer and a buyer One example is Insurance Agents. They go about meeting people talking of the benefits and once they get the order they earn passive income until the insurer is alive and pays the premium regularly. .

Have you tried becoming an Insurance Agent?

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