Gold Silver Prices Per Ounce  : Recommendations for Investors

Small budgets: where to invest your money?

Low-income households are likely to realize some savings that are still worth investing. Among all investment solutions, there are accessible investments that can invest small amounts in the hope of making great gains. Here are some accessible investments that are relevant to study when you have a small budget.

Invest in a parking lot or garage

It is increasingly difficult to find free parking spaces, especially in big cities. Faced with the high cost of public parking, more and more car owners are renting a private parking space or garage. It should be known that the purchase price of a car park or a garage will depend mainly on its location. For example, it will be higher in Paris, between € 15,000 and € 50,000, than in the province where prices are between € 6,000 and € 15,000. Nevertheless, the rental price will be higher in the capital: between 100 and 200 € against less than 100 € in the province. On the profit side, it is estimated between 6 and 12% before its imposition.

Gold Silver Prices Per Ounce : Tips and Advices

Why invest your money in a car park or garage? Because it has many advantages. First, the charges are low, there is little maintenance to predict, the risk of degradation is still minimal and the rent is not capped. To be sure to rent quickly, choose a car park or garage where the demand is strongest: in city centers and near old buildings. On the other hand, do not invest near recent buildings that include parking spaces or in a neighborhood where parking is still free.

Invest your money in gold coins or collectibles

This is a secure investment. Real safe haven, gold coins are increasingly popular with individuals and are very easy to resell when needed. Investing in gold coins helps protect your money in the event of a financial crisis. If you want to invest in a gold coin, it will take about 220 euros for a coin of 20 francs Napoleon. You can buy them from your bank or a specialized shop whose fees vary from 3 to 5% for the first and 1.5 to 3% for the second. The parts you will buy must be under seal and have a certificate of authenticity. The most popular gold coins are Napoleon 20 Francs, Napoleon 10 Francs, 20 Francs Switzerland Vreneli, the British Sovereign and 50 Pesos.

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