News and Insights

There’s been a lot of press about gold lately. And a lot of interest in Rush Gold. Find out more including our market insights.

Invest in Something Real – Gold vs Australia’s Housing Market

Invest in Something Real – Gold vs Australia’s Housing Market

Over the last 15 years or so the returns from gold have closely matched the returns from Australia’s housing market. But there are some important differences to be aware of, including minimums, ownership, paperwork and liquidity.

Minimums

Housing typically requires a minimum down payment of at least 10%, and even a small rise in interest rates (they’re currently at all-time lows) can dramatically increase your monthly costs.

SendGold has no minimums, and you can always choose how little or how much gold you want to buy and when.

Ownership

The bank owns the house until the mortgage is fully paid off, and if you don’t pay this you will lose your entire investment including your down payment.

With SendGold you are the outright owner of 100% of the gold in your account. And since there’s no debt you’re not locked in to a repayment schedule.

Paperwork

Buying a house requires extensive paperwork, credit checks and loan documents, and the process can take weeks. You’re making a large commitment to take on a fixed debt.

Opening a SendGold account does not require any paperwork and takes about 2 minutes.

Liquidity

With housing your entire investment is locked up until you sell which can take 30-90 days or more. Once you sell it can take another 30 days or more to get your funds.

With SendGold you can sell your gold anytime and in any amount, and the funds will normally arrive in your bank account within a day or so. You can also use your gold to pay someone and the transfer takes about 10 seconds.

Conclusion

Real investments like gold and housing may both be tangible ways to reach your financial goals in these times of fast-rising costs and slow-rising wages.

Related News

Doing What The Big Money Is Doing Right Now

Many hot takes on what caused the Silicon Valley Bank and Credit Suisse bailouts are now out in the media….

Read Full Article

Why Dollar Cost Averaging May Be the Smart Way to Buy Gold

Why Dollar Cost Averaging May Be the Smart Way to Buy Gold Dollar cost averaging (DCA) is a popular investment…

Read Full Article

Operation Fortune: Golden Guy and systemic risk

Operation Fortune: Golden Guy and systemic risk Gold is at the centre of the plot of the new Guy Ritchie…

Read Full Article