My cousin just inherited a box of gold jewelry from his mother who just passed away. He told me that he is going to keep some of the jewelry that he likes the most while the rest will be sold, and he is going to use the money to buy gold bullion instead.
According to my cousin, it is more viable to keep gold bullion instead of gold jewelry, which may undergo changes in trend and fashion which would then affect its value. It's true but I guess when his mother bought gold jewelry, she never thought about that.
My cousin may still be young but losing a mother so suddenly, he has transformed into an adult overnight. I am comforted that he is able to overcome his grief and plan for his future already. His inheritance may not be much but with proper planning, it will grow.
According to my cousin, it is more viable to keep gold bullion instead of gold jewelry, which may undergo changes in trend and fashion which would then affect its value. It's true but I guess when his mother bought gold jewelry, she never thought about that.
My cousin may still be young but losing a mother so suddenly, he has transformed into an adult overnight. I am comforted that he is able to overcome his grief and plan for his future already. His inheritance may not be much but with proper planning, it will grow.
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