Mapping out the right investment strategy is crucial, especially during times of instability or uncertainty. As people look to secure and grow their wealth in a somewhat volatile environment, many turn to precious metals due to their inherent value and ability to withstand market fluctuations. Precious metals and stones have withstood the test of time, and again they prove to be a smart investment strategy when it comes to securing assets. The future looks bright for precious metals, and entrepreneur Thomas Beggs looks at their potential as prominent investment vehicles.
Thomas Beggs is a well-known and respected Canadian businessman and the CEO of Worldwide Precious Metals (WWPM) headquartered in Vancouver. Beggs has built a company of physical bullion dealers with over 60 years of experience in precious metals. WWPM deals in gold, silver, platinum, palladium, and diamonds, creating hard asset insurance for any portfolio type. “There is a reason why precious metals are still as important as they have been for centuries,” says Beggs. “Securing your investments in precious metals protects them in a way that other strategies can’t.”
Working with an extensive clientele, Beggs deeply understands what precious metals mean for wealth security despite the ups and downs of the stock market. “Markets continue to be highly volatile and even unpredictable,” says Beggs. “Because precious metals, especially gold, maintain their value over the long term, their value increases when paper assets often see a decrease.” Beggs further explains that events that cause paper assets to decrease inversely affect precious metals, making them a vital part of any investment strategy.
This is why the future of precious metals continues to prove they are prominent investment vehicles. “The market is going to continue to see swings. There is no doubt about that,” says Beggs. “We keep seeing investors make changes to their portfolios, including more in terms of precious metals. It’s a strategy I cannot stress highly enough.”
Thomas Beggs and WWPM have been working very hard to relay their knowledge, especially considering the turmoil COVID-19 has unleashed on the world. “The pandemic proved yet again how strong an investment strategy centered on precious metals is, and I’m not surprised,” states Beggs. “It’s about stronger assets that prove reliability and protect value and returns, especially with disruptive events constantly on the horizon.” In the long run, a solid investment strategy only proves that precious metals will continue to be a vital investment.