Gold or real estate? Experts explain guaranteed investment in 2024
With the beginning of the New Year 2024, citizens are searching for the best safe havens to invest in money in order to achieve the greatest gain and return from it, especially with the presence of global inflation cases that have struck all countries of the world, which has prompted citizens to ask about the best ways; To preserve the value of money and prevent its erosion due to global inflation.
Between gold and real estate, citizens always resort to searching for the best ways to invest in order to obtain excellent, strong returns on a regular basis. To preserve the value of currencies and prevent losses.
Gold Division: Investing in it is better than real estate and does not require huge sums of money
Hani Gayed, head of the Gold Division at the Chamber of Commerce, says that gold is the fastest and best way to hedge and preserve the value of the currency and prevent its erosion, as the value of declines in gold is always small, and in most cases the price of gold increases in times of crises such as those witnessed by all countries. The world is riddled with wars and conflicts during the current period.
He added that in order to acquire gold, the individual does not need to have a large capital to complete the purchase process for the unit in order to invest in it, since to invest in gold, it does not require the suffering required by someone who wants to buy real estate.
Gold is easy to acquire because there are different sizes of it
The head of the Gold Division at the Chambers of Commerce explained that acquiring gold is easy due to the presence of different sizes of bullion and gold jewelry, and of different weights and shapes, unlike real estate, the acquisition of which requires a lot of money to buy a residential unit, then rent it and invest in it.
Real estate expert: The inflation situation has prompted a large group of citizens to invest in real estate
Meanwhile, Ahmed Khaled Al-Musalami, a real estate development expert, says that with the global inflation that countries around the world are suffering from, the public always wants to search for the best ways to invest their money, by buying apartments and investing in them by offering them for rent and achieving a good monthly return that increases annually according to the rental law currently in effect.
Al-Musalmi added that investing in real estate is one of the important ways that helps citizens invest and complete their life tasks in order to maximize their investments, as real estate activity is always in a stage of stagnation in the winter, during which the levels of demand for real estate purchases decrease. .
The real estate development expert confirmed that the summer season is one of the most booming times in real estate activity, and the price of real estate rises, which increases the activity of the real estate market due to the presence of holidays and the urgent need to purchase real estate by expatriate citizens who seek to maximize their wealth in Egypt.