Gold jewelry as an investment - especially for young women
by Sonja Zuckerstätter·
Is it worth investing in gold? The first full-time job, the first apartment of your own, the first credit card - as a young woman, there are a lot of things to decide. And these include many decisions that affect our finances. Because our financial security is essential for our freedom and our future. And gold can be a special investment that combines savings and jewelry.
Why financial security is so important for us
Especially for women, personal finances are often a difficult topic: hardly anyone talks about it openly, we receive little financial education and yet we should take care and invest for our future. Everything to preserve our financial freedom and remain independent - also from our partners. In addition, we should be thinking about our financial situation in retirement already: on average, we women can expect a much lower pension in old age than most men receive. So there are good reasons to start thinking about investing and making financial provisions at an early stage. Because money that you invest well now can become more over the years and decades to come. Your savings in the bank, on the other hand, will become less and less due to inflation.
Rana, the founder of boops, started thinking about finances at an early age. Specifically about how young women can protect themselves financially.
Gold as part of your investment strategy
With real estate, stocks and ETFs, cryptocurrencies and Co, there are many ways to invest your money at a young age. And while all of them have their advantages and disadvantages, one investment option has been present for centuries as a means of payment that has always increased in value: the precious metal gold. As an investment, gold is particularly crisis-proof - it has already survived world wars, pandemics and many other crises. And during the Corona pandemic, for example, its value once again rose to a record high. Incidentally, the value of gold often moves in the opposite direction to the stock market. So if you rely on stocks or exchange-traded funds as an investment and retirement provision, gold can protect you for the times when the economy hits a low and your investments temporarily lose value.
Tip: On average, experts recommend investing about 10 percent of your assets in gold. That way, you can add gold to your portfolio as a safe investment.
Saving and investing in gold jewelry
One way to invest your money in gold is to buy gold bars or coins. In any case, you should buy these from certified and reputable sellers - after all, these are large investments. It is also advisable to store these large gold reserves safely, for example in a safe or in the safe deposit box of a bank.
But especially as a young woman, you may want to start smaller. And of course, it's especially easy to do that with gold: You can also invest in real gold jewelry and always carry your investment safely with you. This is exactly part of our vision at boops. With our earrings and necklaces made of pure real gold, we want to enable young women to invest in their future and their financial security - and to wear timeless jewelry at the same time.
Our boops tips for your investment
All boops jewelry is forged from 100% 14-karat gold. This means that they can be melted down without any problems and therefore have a real value that you can fall back on in crisis situations. Of course, real gold also has other advantages over costume jewelry: for example, it does not stain and does not lose its color even after decades. You can read more about the special features of jewelry made of pure gold here.
Because real gold is made to last, we take special care with our boops designs so that you can wear them forever: They are timeless, changeable and adapt to every trend. So you can wear your gold investment safely on your body for a lifetime and - if you never need to use it yourself - even pass it on. If you want to buy gold jewelry as an investment, we recommend the following boops pieces, which are the most valuable ones:
- bold hoops M: Our bold hoops are particularly solid. In size M, with an outer diameter of about 23mm, they go with any outfit - and are a good investment in real gold.
- herringbone chain II: It nestles around your neck and is a real highlight for special occasions. And our herringbone chain II is also our most expensive and heaviest chain, which has a special financial value.
- classy hoops XL: With an outer diameter of 47mm, our especially large hoops are an eye-catcher that is also worth investing in.
- link chain: If you prefer a more delicate investment, we recommend our feminine link chain. It is 55cm long and so versatile that you can wear it in everyday life as well as for going out.
- chunky hoops: Our chunky hoops are - as the name suggests - a bit chunkier and flashier. They're hollow on the inside, but they're still perfect as a valuable investment that you can carry with you at all times.
Gold is a solid and safe investment that you can also wear around your neck or on your ears with boops. This is how we want to make it easier for you to make financial provisions for your future - and to make the subject of finances a little more beautiful. Take a look around our store now and invest in gold jewelry with a real value.