Should You Be Investing in Gold?

If you are not sure about whether investing in a precious metal like gold is the right choice, then you should answer three key questions about your long-term plans, how much you travel and whether you have a diverse portfolio. Gold investments can be a smart choice for those who want to provide for dependents in the future, and they are also ideal for frequent travelers or overseas residents who want an asset that is not necessarily linked to any one currency. Finally, gold may be a savvy investment for people who feel vulnerable and want to add some diversity to their financial holdings.

Whether you are a young professional, someone with a large family or someone reaching retirement age, you have probably made some investments in the past or have a portfolio of assets today. While stocks, bonds, mutual funds and trusts are certainly wonderful investments to make, it is important to look back to one of the most traditional measures of value on the planet: gold. Investing in gold can be a smart way to enjoy diversity, security and stability. Answering the following questions might give you a better idea of how gold can be of benefit to your financial plans.

Do You Travel Often or Live Overseas?

Gold is a universally valued material. Whether you reside on a tropical island or a big European city, gold has an inherent value that goes beyond just the local currency. This is a big asset for those who travel often, who currently live overseas or anyone who is just thinking about retiring internationally. Even if a local currency plummets in value or inflation becomes a major concern domestically, gold will retain its value wherever you happen to be in the world.

Do You Need to Diversify Your Holdings?

One of the biggest reasons to invest in gold is to add some much-needed diversity to your portfolio. The old adage of not keeping all of your eggs in one basket applies well to the world of investing: You don’t want to keep all your assets in one stock, company or currency. Adding some gold stocks or even gold bars to your portfolio can make you less vulnerable and add a sort of safety net to your financial situation.

Are You Interested in Providing Long-Term for Your Dependents?

Gold as an investment can be a potentially profitable choice for you in the short term, but it is also used commonly for the financial care of dependents in the long term. Modern investment opportunities like real estate, mutual funds and shares can go up and down in value, and it may be hard to know what will happen with them in the future. When it comes to gold, however, history has taught us that it continues to be valuable across global borders and in cultural groups around the world. Leaving gold to your dependents in a will, life insurance wrapper or trust can be one of the most effective ways to care for those you love today as well as in the future.

Whether you are worried about inflation, financial vulnerability, caring for your dependents in the future or currency devaluation, gold investments can be the answer. Click here to learn more about the history of gold’s value.

Caye Bank

Caye International Bank Limited (CIBL) was granted an Unrestricted "A" Class International Banking License on September 29th, 2003 by the Central Bank of Belize and is regulated by the Central Bank of Belize which set the standards for liquidity and capital adequacy.

Pros and Cons of Offshore Investing After Market Hours

Even with offshore investing activity, there are still periods in which the market associated with a given country is closed. When this is the case, you can still make arrangements for orders that can be processed as soon as the market opens the next business day. Before choosing to dive into the waters of after hours offshore investing, it pays to educate yourself a little about how the process works and what you should consider before setting up any type of transaction.

Using Offshore Trusts to Protect Assets

While there are many different ways that you can choose to protect and preserve your assets, there is no question that an offshore trust is a fantastic choice. Investors can place a variety of assets into a trust and choose a beneficiary, and then they can rest assured that their loved ones will be protected. Trusts can also be used as a tool in offshore estate planning and to earmark charitable donations for the future. The offshore location of the trust matters significantly, as it can potentially reduce your legal tax burden and even lower your annual overhead investment fees.

How to Choose the Best Offshore Bank For Your Investment

Offshore banks are not difficult to find, but it can be slightly harder to locate the perfect fit for your insurance, banking or security needs. One of the top things to look for is a geographic location that offers benefits to foreign investors, such as a lack of government intervention, anonymity as needed and low taxation rates. Bankers will also appreciate those banks that offer online services to make financial transactions more convenient. Finally, the very best offshore banks will also offer their customers and clients a variety of investment opportunities and friendly, helpful communication no matter what the time zone.

Handwritten Cash Flow pie chart on a blackboard

Why is Corporate International Banking so Popular?

Corporate international banking is popular because of potentially lower taxes, greater security, the opportunity to bank in multiple currencies, offshore lines of credit and lower banking fees.