Wednesday, May 23, 2018

Is the Art of Gold Coin Collection Still Alive in Australia?

Yes – the art of collecting gold, and even silver coins, is still practised in not just Australia, but across the globe. Why? This is so because silver, gold and other precious metals are a safe haven for your investments. They are the best means to diversify your portfolio and ward off risks. Generally, gold responds differently to various market conditions and usually, the value doesn’t drop, which makes it the perfect choice if you’re considering a nearly risk-free investment.

A bit of history

Gold has always been treated as precious since the old days. The metal first took the shape of a coin during the 643 to 630 BC era when the Lydians started producing them for the very first time. In those days, the coins were in a crude form made from a pale yellowish mixture containing gold and silver, referred to as electrum. Their composition was similar to alluvial deposits found in the beds of River Pactolus which ran through the capital city, Sardis.
In 560 BC, the Lydians learned to separate gold and silver, and started producing coins from both metals.  Later on, the Celts began to inscribe coins when they lived in Britain.
Through the centuries, gold evolved and was often used for trade until paper currency was invented.

Australian Gold Coins

Gold coins are a popular form of investment in our country. Offered in various weights, sizes and purities, gold coins are produced by different mints and come in various designs. Some coins feature a design of notable historical events, whereas other focus on the wildlife or landscapes. Many Australian gold coins are inscribed with designs depicting native species of our country.
Most of Australian gold coins are made by Perth Mint, the largest metal enterprise which distributes their products across the globe. The total exports are worth $18 billion including both coins and bars.

Popular Gold Coins

Gold Stackers has reported that the most popular gold coins from a collector’s point of view are the Australian Gold Kangaroo and the Australia Gold Rooster coins. The Australian Gold Kangaroo coin is a favourite known for its quality and craftsmanship. Produced by Perth Mint, the design of this coin is changed annually so as to offer greater choice and diversity to collectors. A 1-ounce Australian Gold coin features a kangaroo on one side and Queen Elizabeth II portrait on the other side. The coin contains 999.9% fine gold and has a face value of $100.
The Austria Rooster coins also depict a Queen Elizabeth II portrait and a rooster. Offered weights range from 1/20th ounce to 10 ounces.

Tips for collecting gold coins

Here are some quick tips for buying and collecting gold coins.
·       Gold coins are sold by many dealers. Compare prices but prioritise creditability and reputation of the dealer over rates.
·       Try to buy 1 ounce coins. Higher premiums may be associated with other denominations.
·       If you invest in rare coins, verify the authenticity through professional grading services and obtain a certificate.

Got some money to invest? Five ways to make it work harder

The past decade has been a difficult one from an investment perspective. Tough economic conditions meant fewer of us had spare finances to invest in the future, and even for those that did, low interest rates made it a challenge to find an investment that would generate a reasonable return.

This has led to a rise in alternative investment ideas, but has also thrown the spotlight on one of the oldest strategies of all. If you have come into a little money and are uncertain what sort of investment strategy to follow, here are some ideas.

1) Gold remains the safest investment

Today’s currencies might not be measured against the “gold standard” but the fact that we still use the phrase to define the ultimate in valuation tells you all you need to know about the precious metals market. When all else fails, gold holds its value and enjoys steady appreciation.

You can buy gold in a variety of forms, from collectible coins to traditional gold bars weighing anything up to a kilogram, and this website will tell you everything you need to know about how to do so.

2) Don’t overlook the stock market

Investing in the stock market might sound a little 20th century, but plenty of people are still doing so today, and enjoying success. Nobody is suggesting you should invest everything in stocks and shares, but by trickling a little money every year into some carefully selected investments using a technique known as dollar cost averaging, you can limit your risk and come out with a tidy profit.

Even if you don’t know much about the stock market, there are virtual brokers, sometimes known as robo advisors that will help you make the right choice.

3) Real estate

Recent years have seen an explosion in private landlords, as individuals have sunk their money into investment properties. The arguments in favor are compelling – after all, this is an asset that will appreciate in value and will also bring in a healthy monthly rental income. Surely that’s a win/win?

That’s true as far as it goes, but bear in mind that being a landlord has additional cost and hassle factors that other investments do not. You’ll have maintenance and repair issues to deal with, as well as the potential risk of problem tenants. Also, real estate is not at all liquid, so you need to be comfortable with the fact that your money is tied up for the long term.

4) Invest in yourself

Your biggest asset could be yourself. Invest money in getting better at what you are good at, both personally and professionally. You won’t just be making yourself more marketable, you’ll also experience the benefit of improving yourself finding out what you are really capable of – and ultimately, that is something you can’t put a price on.

In the final analysis, it is not a case of choosing from the above options, but of spreading the risk and investing money as widely as possible. That allows you to get the best from all worlds.

Monday, May 21, 2018

How to Build the Home of Your Dreams

Image Credit: Pixabay

Everyone wants to own the perfect house, but not everyone thinks to build their own.
One of the reasons for this is that building can take a long time and may be quite
stressful if you come across problems. And yet, this is the best possible way of getting
exactly what you want.

To build the house of your dreams, you only ever need a few things: a fabulous architect,
a great team of builders and the right location. From here, you will be able to figure
out exactly what your needs are and how to get everything you want - and you’ll never
have to move house again!

Why You Should Consult an Architect

The first reason that you should consult an architect is very simple: it’s their job to
take all your wants and needs and translate them into a flowing home that sits well
in its location. Using their intuition and artistic capabilities, an architect will also help
you to make a statement with your home.

Most architects are also very good at project managing, or at least, will be able to
recommend a project manager to help you out. This will free you up from the day-to-day
running of the building site and give you more time to think about the fun stuff like
fixtures and fittings.

How to Choose a Team of Builders

If you are looking for a luxury property, perfect down to the smallest of details, you
will need an exceptional team of luxury house builders. Minimalism is making a huge
comeback right now and this type of building requires an excellent eye and no
tolerance for imperfections.

Look for a team who have completed similar work before and don’t be afraid to ask for
examples of work to see for yourself whether they will suit your project too. High
quality craftsmanship doesn’t just extend to the building, though, you should also
look for other craftsmen to design features of your house such as the stairs or

Where is the Right Location?

The location you choose is vital to the whole project and will affect everything from
the design of your house to what you can afford. For example, a site with a steep
slope will be very different to a flat site in the same way that a thin inner-city site
will be very different to a large country site.

You must also consider things like school catchment areas, proximity to work and
other local conveniences too. If you are happy to drive everywhere, you might like
living in the countryside but if you like to go out and be able to walk into town, you will
need a very different site. Approach the location of your dream house in the same
way that you would any house - how you live is very much bound up with where you live.

Building your own home might sound daunting, but with the right help, you will be able
to get exactly what you want from the project. This is the best way to invest in your
dream house.