Why invest in physical gold?

Image source: LOM Financial

Gold is one of the most precious metals known to man and it has been valued greatly in many civilizations in history for thousands of years—even until to this day. You might be wondering, why do people invest in gold even in this modern day and age? Let’s discuss some of the financial benefits of investing in this precious metal:

  1. It can protect investors against potential market crash.

For every worst financial crisis, gold has been a go-to option for many investors – and this because, even during financial uncertainties or even political instability, gold retains its value.

  1. It’s a vital entry in a diversified portfolio.

Gold is an asset of choice and a refuge for even high net-worth individuals in times of financial panic because it’s a relatively safe investment.  It can withstand the threats that can easily crush other investment options. For this reason alone, gold should be in every wise investor’s investment portfolio.

  1. It has a global and cultural demand.

Gold is a sacred part of several cultures in the world, especially for many emerging economies. Its global demand can be credited to its cultural value as a symbol of wealth and prosperity.

For instance, in India alone, the country’s demand for gold increased by 9.1%  in 2017, from 666 tonnes in 2016 to 727 tonnes. China, on the other hand, sees owning physical gold bars as a form of savings.

  1. Despite short-term volatility, gold remains stable.

Gold has seen its ups and downs but its regular price swings won’t remove the fact that the benefits of investing in this precious metal will always outweigh the risks. Aside from being relatively easy to acquire physical especially for small investors, owning a piece of this valuable metal can be satisfying.

Why the filthy rich invest offshore

Image source: lom.com

The richest people in the world have relied on very few highly-efficient investment strategies in their lifetime and offshore investing has been one of them. Basically, offshore investing looks at opportunities offered beyond the limits of the investors’ home countries, giving them the power and freedom to capitalize on the advantages of tax-reduced, confidential and wider investment pool transactions.

Aside from the unlimited bond and equity assets offered by many offshore companies, there are several reasons why the filthy rich invest offshore.

Tax-neutral jurisdictions in the Caribbean region such as Bahamas and Bermuda, for instance, have economic policies designed to provide favorable tax incentives to foreign investors. These small countries have served as ideal destinations for many corporations and high net-worth individuals, ensuring that their accounts are free from higher tax burdens imposed by their home countries.

Aside from that, investing offshore―through international financial services companies like LOM Financial―gives the rich access to a wider pool of investment options that will help them freely diversify their portfolio. This is because, accounts invested offshore can be more flexible, and more open to international markets.

These destinations also provide a healthy and safe environment for restructuring and protection of ownership of assets—without the worries of lawsuits or foreclosures and other domestic troubles. Furthermore, the same advantage of such offshore jurisdiction provides the benefit of confidentiality.

Offshore investing is a safe and tested option especially for the richest and multi-million investors―and perhaps it’s the only place in the world where their identity, asset, and wealth information, can be legally protected from the public, and more importantly, from potential competitors.

Europe’s most environmentally vulnerable regions are preparing for the worst

Image source: NASA.gov

Humanity is slowly waking up to the inevitable reality of climate change and its potential economic, social, and political repercussions. While some countries have been relatively fortunate to escape the wrath of the worsening changes in the world’s weather patterns, many of the most naturally vulnerable regions are preparing for the worst.

Europe, for instance, as part of the northern hemisphere, is experiencing an alarming pace of warming temperatures more than the global average. Because of this, experts have warned the country of multiple climatic hazards.

According to a related study, European mountain ranges such as the Pyrenees and the Alps will soon experience a dramatic glacier-melting temperature rise – and the Mediterranean is facing the same threat of extreme and drastic heat, possibly triggering a region-wide drought, forest fires, and crop failure.

Image source: ibtimes.com

Even countries fronting the Atlantic could suffer the opposite but similar fate, with experts predicting heavier rainfalls, bigger flood risks as well as continuous devastations from storms of unprecedented strength.

Recently, a massive earthquake shook the Turkish coast and the Greek Islands. Greece and Turkey, according to United Nations University for Environment and Human Security’s (UNU-EHS) World Risk Report in 2015, are among the countries in the continent vulnerable to natural disasters more specifically earthquakes.

These two major European countries are considered the most earthquake-prone countries in the region because of its unfortunate location, seated on the meeting point of Eurasian and African tectonic plates.

Image source: telegraph.co.uk

Since most Europeans live in the cities, urban development experts agree that focusing the attention on infrastructure can be the first line of defense against natural disasters and a long-term solution in coping with climate change. In fact, many cities have adapted similar plans like Copenhagen, Bratislava, London, and Almada in Portugal. Other major cities like Bologna, a medieval city prone to flooding and heatwaves, followed a totally different approach

Small towns and nature sanctuaries to visit in Europe

Traveling Europe offers a delightful experience for anyone who is willing to explore its hidden wonders. It will not be the world’s top continent for tourists for no reason. In fact, the hospitality industry forms one of its strongest and most resilient economic sectors, with six of the world’s 10 most visited countries located within its borders (in Spain alone, more than $56 billion in tourist spending was generated in 2015). However, aside from the famous sites that tourists usually visit (e.g. Paris, Rome, London, etc.), there are other charming destinations that you should definitely see at least once in your life.

If you’re looking for a list of unique and inspiring European travel destinations, these small towns and nature sanctuaries are all you need.

  1. Göreme National Park

Located in Turkey, this picturesque national park was naturally created by the process of erosion. It is the haven to an abundant flora and a glorious collage of valleys, hills and alluvial streams. The national park is also a home to bizarre yet beautiful rock formations called, ‘fairy chimneys’ and were once a booming residence of the region’s old inhabitants.

Image source: britannica.com

 

  1. Conwy, Wales

This Welsh town is one of Europe’s finest sites, highlighting medieval walls and majestic castles. In fact, Conwy is a walled market town. Plus, its local beer and lager breweries at the Albion Ale House offer a unique 1920s pub experience.

Image source: acreativenomad.com

 

  1. Cinque Terre

This breathtaking national park is located in Italy, showcasing an extraordinary blend of nature and culture. Aside from its spectacular line of small beaches and coves, it is also a home to wildlife and a site of vibrant and nostalgic medieval quarters.

Image source: routeperfect.com

 

  1. Kilkenny

This Irish city is located in the province of Leinster. Although locals and travelers know Kilkenny as a city, the land area is just the size of a large town. It treasures scenic heritage and historical marvels like the St Canice’s Cathedral, Kilkenny Castle, and medieval walls.

Image source: independent.ie