The reason behind saving and investing

Savings Account
the Daily Mail headline shouted - "What is that the point of Saving"- let's take a better check out what the fuss was all about altogether the papers recently, and what are often done to make a more fair and rewarding playing field for savers. Bear in mind i'm no qualified investment person, but I do have experience in making money out of Forex Trading, and back in 2006, saw the huge opportunity to use gold bullion price changes, to form tons of cash .

If you check out the NS&I internet site , you'll see that they advertise this as being "A Piece of Cake", and "Open Your Account with just £1, Enjoy quick access to your Savings", but let's check out some cold hard facts.

If you're a saver who regularly saves say £100 per month during this scheme, with an annual return of 1.5%, for each £1,000 invested over 12 months, you'll get paid interest of £15.

But, with inflation eating into the spending value of your money at around 2% once a year , your £1,000 in savings will actually lose around £20 of its spending power, so your "savings plan" actually made a loss of £5.

Looking into this in additional detail, we all know from The Telegraph recently, that there are many savers during this scheme, so let's assume that there are a minimum of 100,000 subscribers who also save £1,000 or more once a year . I make that around £100 million.

At Government level that sum could easily be traded on the Currency markets, and that i understand there are some such Trades that would disburse up to 100% every 90 days. (See above on my very own rewarding Forex experience, which was using just a couple of hundred pounds as my stake money).

The trouble with virtually any savings scheme that's supported any "FIAT" currency, is that its value is predicated on nothing aside from promises from the govt that issued it (such because the Pound, Dollar Euro etc) and intrinsically , is consistently being devalued thanks to constant inflation.

However, if you were to exchange a number of your FIAT currency for Gold Bullion on a daily basis, i think that might paint a completely different picture. check out some figures below, which shows what happened to gold bullion prices between 2000 and 2020.

Between the start and end of 2006, Gold went up in value from £9.78 per gram, to £10.17 which was once I first started getting involved in Forex Trading and made a KILLING trading in Gold, unlike my disastrous property investment activities at that point , thanks to all btl mortgages becoming deregulated.

By the top of 2019, the worth of a gram of gold had reached £38,89.

At least with Gold, you'll decide at what value you sell it, if the worth isn't right for you, don't sell until it's . (Or only sell what you would like to survive).

If, rather than investing £100 per month with NI&S, you had signed up for a FREE account with something like Karatbars, and decided to exchange £100 of your inflation-ridden "FIAT" currency into 2.5 grams of Gold Bullion, at the top of the year you'd own approximately 30 grams of gold. albeit the worth was slightly less after 12 months, you recognize that its historical trend will always eventually be UP.

Now, if i'll dare mention the words "Network Marketing", and you think that each one network marketing opportunities are a Pyramid, or a Ponzi rip-off scam, then please read no more. (If you're still here) - i feel you'll see, the huge advantage of exchanging a number of your "FIAT" currency, for gold bullion.

If you discover that saving in Gold Bullion seems to be very beneficial to your wealth, and since it doesn't cost anything to become a customer during this savings opportunity then what's wrong with telling your friends, family, and business partners about it? in any case , you're not "selling" them anything, you're just sharing your luck .

As long as you're participating during this saving scheme yourself (putting YOUR money where your mouth is), why not help everyone you recognize , to try to to the same? then why not use some more of your FIAT currency to upgrade from just a "customer", to becoming an "Independent Affiliate" of 1 of the varied companies that provide this service,

As an independent Karatbars affiliate, once you get your friends and family involved during this network marketing opportunity - where you're not selling anything - just getting your contact to try to to as you, and exchange the maximum amount inflation-riddled Fiat currency as you'll afford into gold bullion - it's a win win for all concerned.

Also, when making your selection, confirm the corporate you choose has also got its own gold-backed Crypto currency. Like many people , when Bitcoin was launched, back in 2009, albeit they were being sold for a couple of dollars each, having burnt my fingers with property investing back in 2007 I considered it with suspicion, and walked faraway from what was probably the most important opportunity of a lifetime.

These new-fangled coins were selling last year at around $20,000 EACH, and that they weren't even Gold-Backed. So, consider the chance , if a new, unique gold-backed crypto coin was released into the marketplace.

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