Just a few days ago me and my cousins were joking about what if one of us is facing bankruptcy. As you know, one who declared bankruptcy is blacklisted from opening bank account and/or any accounts for loan/transaction. In addition, there cant be any asset that own under the name as well.
Well, in fact when we think again, it is indeed not really that bad. If one who is bankrupted, he can consider buy gold bullion to keep the value and reclaim the status when there is enough money/gold. As we know gold's value is always increasing. Decrease? Rare.
Of course this cannot be done in realistic as it's totally violate the regulation. But what is important here is the awareness of gold investment. You will never know one day it could help you when you needed it. Regardless of its value or usage.
No comments:
Post a Comment