[2017-02-20] BS: Forget about Bitcoin. Invest in gold to stay financially secure

[polynesia]

Forget about Bitcoin. Invest in gold to stay financially secure

http://www.business-standard.com/article/companies/forget-about-bitcoin-invest-in-gold-to-stay-financially-secure-117022000346_1.html

If you had invested in gold a decade ago, the value of your investment would now have increased by a substantial 82 percent.

If you had chosen to put that cash in the bank instead, then you would have actually lost money. People in the Philippines, Vietnam, and Indonesia suffer from negative real returnsdue to spiking inflation and taxes. Folks in Malaysia and Japan fare slightly better – their banks will give them an annual return of approximately 0.5 percent.

Malaysian entrepreneur Robin Lee started HelloGold  to help households prepare for retirement and make it easier to secure loans.

[bitcoinisbest]

I would suggest that for the long term Gold is the best option and for short term  Bitcoin is an ideal option. Just like in Equity you have short term and long term portfolio