I was never a pro at saving money and investing money with a view of long term benefits and returns. I had just simply opened a saving account in a bank and used to save some money from my monthly earning into the account.
However, I soon realized the fact that saving money this way was not going to help me as I would not get any kind of returns on my savings even if I keep saving for decades. So I started to look for some other options as well.
One of my office mates had a habit of buying gold coins. He suggested me to buy gold and invest the money in gold. Hence I too started to buy gold coins. He also advised me to buy gold bullion.
I invested about $5000 in gold coins. Fortunately, for gold ira transfer the very next year the prices of gold went up and I sold some of my gold and I must say that I earned quiet a lot of profit out of it.
So since then I have been investing in buying gold big time and have been making good amount of money as well.