Wednesday, 14 June 2017

Old Gold Selling



I do not consider it too negative to say that one must actually not sell the old gold. Old gold is collected from many years by most of us and it is actually like a treasure. Value of gold has increased over the years as we all know, I will not be going into figures as you can always search them up online. But having a gold in your locker may give you the power that you have the back up for your dreams to pursue. It is the hidden power which is actually your wealth over the period.
Sometimes we have the reason to sell it due to some circumstances about our current situation which is completely okay and that is the reason to own such gold. But I strongly recommend to assess the situation about your circumstances. Sometimes people just sell it that it came to them in heritance and they have not spend or actually invested anything in it. They think that all that came from it is profit. Also the other situation is they bought it for X amount and now they are getting some percentage on top of it. They will sell it for the reason that they have earned X amount on top of the investment. This is completely right but now it is very important to assess where the money is going, is it going to any other investment or is being spent. Most cases the money is going for gratification. One must not spend the investment and old gold weather inherited or bought by yourself long time back is the investment and nothing else.
 Most fine jewellery you buy from various sources is always something that gives you more return that anything else. I especially compare to extra clothes you buy, gazettes that you buy, high end holidays that you spend for etc. You normally do not get much high return or sometimes zero on the most of this. They are very important to our daily life but assessing the situation that how much do we spend compared to investment is very important.
The investment in gold or any other investment is the confidence - Please read this story
A business executive was deep in debt and could see no way out. Creditors were closing in on him. Suppliers were demanding payment. He sat on the park bench, head in hands, wondering if anything could save his company from bankruptcy.
Suddenly an old man appeared before him.
“I can see that something is troubling you,” he said.
After listening to the executive’s woes, the old man said,
“I believe I can help you.”
He asked the man his name, wrote out a check, and pushed it into his hand saying,
“Take this money. Meet me here exactly one year from today, and you can pay me back at that time.”
Then he turned and disappeared as quickly as he had come.
The business executive saw in his hand a check/cheque for $500,000, signed by John D. Rockefeller, then one of the richest men in the world!
“I can erase my money worries in an instant!”
He realized. But instead, the executive decided to put the uncashed check in his safe. Just knowing it was there might give him the strength to work out a way to save his business, he thought.
With renewed optimism, he negotiated better deals and extended terms of payment. He closed several big sales. Within a few months, he was out of debt and making money once again.
Exactly one year later, he returned to the park with the uncashed check.
At the agreed-upon time, the old man appeared. But just as the executive was about to hand back the check and share his success story, a nurse came running up and grabbed the old man.
“I’m so glad I caught him!” she cried.
“I hope he hasn’t been bothering you. He’s always escaping from the rest home and telling people he’s John D. Rockefeller.”
And she led the old man away by the arm.
The astonished executive just stood there, stunned. All year long he’d been wheeling and dealing, buying and selling, convinced he had half a million dollars behind him.
Suddenly, he realized that it wasn’t the money, real or imagined, that had turned his life around. It was his newfound self-confidence that gave him the power to achieve anything he went after.
Story courtesy (https://propelsteps.wordpress.com/2013/07/02/story-john-d-rockefeller-and-500000-confidence-within/ )
This is not the investment advise but it is all about stopping gratification and being more wise than what we are and how we spend. You are solely responsible for all your decision.  

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