Investing in Gold

I've somewhat left out quite a few types of retirement plan in my previous post, e.g. foreign currencies, gold/jewelleries, etc.

According to Monex Deposit Company (MDC), buying gold (bars/ingots) or gold coins has been recognized for centuries for its ability to preserve one's wealth and purchasing power.

If you keep your wealth in the form of gold, it will not be affected by inflation or even war affairs. Investing in foreign currencies is not as secured as gold, especially if war strikes.

However, this form of investment is only to preserve one's wealth, and it will not be able to increase its value, like in other forms of investments.

It really depends on what is your investment objectives. If your objective is to preserve your wealth, then in my view gold is better than foreign currencies. Just my 2 cents.