Why Buying Gold Is a Long Term Investment?

In controlling the economies of much country, gold plays a major role. Even though, gold is not considered as a primary currency in any country, still many people plan to buy gold as a long-term investment. For the trading market, gold holds an important position. As a matter of fact, it has been seen that when the world economy remains in a shaky position, the value of gold burgeons.

The price of gold bullions like coins or bars is shooting up over the last couple of years. The reason behind people preferring to buy gold Canada, along with silver is because the price of gold will never see a diminution. Rather, it will continue to increase in value in the future.

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Evaluating the Performance of Gold

When one plans to assess the performance of gold for a long period of time, one needs to take a look into the length of the term. For instance, over a period of 45 years, gold has surpassed bonds and stocks. Similarly, for a period of 30 years, stocks and bonds outran gold. However, this statistics doesn’t mean that longer period of time for which gold is being invested is always better. Even, for short term period like 15 years, gold performed well.

Price of Gold

Taking a look into the price of gold, for the past 30 years, one can see that gold price increased by 335%. In the same way, for a period of 15 years, the gold price increased by 315%. Even though the price of gold fluctuates, one can consider investing in gold bullion through buy gold Canada services.

Why Invest In Gold?

Many people might wonder even though gold is not used as a kind of currency, why gold is still considered to be a long term investment. They are:

  • Liquidity

Gold can be changed to cash in any part of the world. Apart from the actual cash, gold can remain unparalleled form of liquid cash.

  • Protects Against Inflationbuy gold canada

No matter, whatever be the situation is going to buy gold Canada can help to beat inflation. Even if the gold price remains high or low, gold can do well even if the inflation rate exceeds the interest rate.

  • Risk Adjusted Good Returns

Even if there is a proper asset allocation, gold can easily balance any downside risk. This is because gold holds a negative correspondence and interconnection with debts and equity.

  • Diversification

As gold moves contrarily to currency values and stock market, it provides the best way to diversify.

  • Absorbs Any Value Erosion

Even if the local currency gets a drop due to macro-economic factors, buy gold Canada can be used as a cushion. In fact, it is considered to be a stable investment than cash.

Gold can be a great investment. It is not because of their high value but also because they are going to be scarce. With the demand of gold increasing, investing in gold can be a good choice.


Gold can be considered as a great form of long-term investment. Investing in gold through buy gold Canada services can provide some form of returns sooner.


10 Questions to Ask Before Hiring a House Painting Contractor

Painting contractors Toronto states that the way your home looks says a great deal about your home. A majority of the homeowners plan on making a good impression. The best way to achieve this is by painting the house.  Take a look at the questions you need to ask before hiring house painting contractors.

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  1. Do you have List of the Customers who will Verify Your Work?

Painting contractors Toronto should offer the list of homes which they recently painted and also allow you to the talk to the homeowners who have had the first-hand experience of working with the painting contractor.

  1. Do Your Employees have Workman’s Compensation Insurance?

In  case a painter gets hurt when they working at the customer’s property then the homeowner can be taken to be liable if the painting contractors doesn’t have enough insurance to cover every worker.

  1. How will You Prepare the House for Painting?

This is an important question that you need to ask the painting contractor. Make sure that the painting contractors Toronto offers a detailed answer. They should give it out in writing and sign it. Bad spots and holes have to be repaired. Do not forget to ask how many people are going to be a part of the process.

  1. What Grade Paint will You Use?

Unless you ask for a contractor’s grade for saving some money, the contractor should use premium grade paint. Keep in mind that cheaper paint will bleed through after sometime. Tell them how many coats of paint they will have to apply.

  1. How Long will the Job Take?

At times, a painting contractor might tell you that they will employ many painting contractors Toronto on the site to finish the job as quickly as possible. Nonetheless, lesser people might show up to do the actual job and then it would take more time. Hence, you need to get a written guarantee regarding the number of painters who are going to work.

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  1. How is the Job Going to Cost?

You shouldn’t be fooled into believing that low price is the only factor that you need to consider when you opt for a painting job. Low price will not guarantee a good job. You have to ask the painting contractor the amount that they are going to charge for the painting job.

  1. Does the Contractor have License?

Every painting contractor will have license in their name. This shows that they have the required qualification. If the painting contractor does not have license, you should not hire them.

  1. Does the Work Come with a Warranty?

A painting task with only premium-grade paint should last for a long period of time. However, it depends on the weather conditions of the area. The painting contractors Toronto has to offer a guarantee with the job.

  1. What will You Clean when the Job is Done?

You might feel that it is the job of the painting contractor to trim, remove any empty paint bucket, or drop the painting clothes in the dustbin. However, this is not the case. You should ask the painting contractors the things that they will clean.

  1. Will there be Someone to Answer My Question All the Time?

You might have some question even after the contract has been signed. Hence, make sure that the contractor will be available all the time to answer your questions. Read more about the few Things to Consider Before Renovating Your Home right here