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Posted on 03-06-2010
No to Depreciation
Filed Under (Jewelry) by Willie

My Chinese great grandfather taught me one good lesson before he died - Invest in Gold. He told me the story of a time in China when money was not as valuable, he depended on selling his gold and this fed his entire family, my father included.

I kept this lesson to heart and when I was old enough, with a stable job, invested in gold myself. I did not take the advice seriously though, I tell you, I just did it so I can tell him and my father that I did. Little did I know that there will truly come a time that I will need to actually sell gold.

Struck by the financial crisis in 2007, I found myself jobless and with a very low self-esteem. I tried to search for a new job for three full months before I gave up and almost gave up on my entire life. I remembered the gold I invested in late 1990s and found online companies that could allow me to sell gold. Luckily I easily found one where people can also sell diamonds and sell old jewelry. They were buying at a good price as well so it was definitely a breather.

I am running my own business now, thanks to the advice of my late great grandfather and to a company who is stable enough to buy my gold.

   

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