Page 8 - Introduction to investing in Gold

The Beginner's Guide to Investing in Gold
You can take a look at this table that gives you a feel for where annuity rates are today.
When I crunched the numbers, annuity rates were a lot higher. But it still didn’t look good. Look at the massive drop you receive if you link your pension to the retail price index (RPI) – that’s inflation to you and me. It’s worth pointing out that the RPI may be very different from your own personal level of inflation (so you may still be losing significant purchasing power – more on that later).
Anyway, back to my analysis...
£26,623 a year...seriously? What about after ten years? I’m hoping to live longer than that! And how many people have a pension pot of £1,000,000? Do you?
I needed a pension I could live off. I wanted to LIVE...not EXIST.
I had a choice. Do nothing or something.
I chose SOMETHING.
I needed to invest in something that was going to give me a future. I wanted to LIVE. Enjoy my life.
I did a lot of research and decided to have a closer look at commodities. The more I looked, the more I was convinced they were the future.
I packed in my well-paid job (back then, I was still raking in well over £100,000 a year – that’s probably closer to £300,000 now) and started investing.
I really felt for Mum and Dad. Just when they thought I was back on track, I hopped off and changed direction. They undoubtedly wondered what the hell I’d done.
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