Secure investments at the present moment, Real estate or gold?

Amal Ali 19 Jan 2023

In light of the recent economic events, the discussion of investment and how to search for sources of guaranteed and stable income has become one of the most important discussions in Egypt.

The idea of searching for an investment is not limited to achieving large profits, but the most important thing is to achieve financial stability and consistency through this investment. All sectors have recently been exposed to sudden and abnormal jumps in prices.

On one hand, the price of the dollar continues to rise against the Egyptian pound, and accordingly gold is witnessing a continuous rise in its prices every day, and the real estate field was not excluded from the price increase as a result of the increase in the price of building materials.

Consequently, the daily life of normal citizens was affected as a result of the very noticeable increase in commodity prices. Given all these accelerating events, it has become inevitable for everyone to think about ways to preserve their capital or to search for ways to achieve a gain by investing any amount they can own.

In today's topic, we will discuss with you what is safe and profitable investment opportunities in the coming period, and does real estate represent a better investment opportunity or is gold the best choice. Continue reading the article to find out more.

Through contacting Inland you can get the best real estate consultancy. Don't hesitate to call us now at this number 01003366453.

What is the best investment for your money in Egypt in 2023?

Under the current circumstances, investment has become a necessity that everyone who has the opportunity should think about. With all the recent changes, the idea of keeping money in its liquid form has become an idea that puts you at risk because it loses its value daily over time. This was proven by the recent crisis caused by the rise in the price of the dollar against the pound until one dollar reached 30 Egyptian pounds.

Many fields can be entered into for investment, and each field is characterized by a set of characteristics, and the advantages and disadvantages offered by each investment differ. You can choose between the following activities:

Bank deposits and certificates:

Investing in bank certificates and deposits is the safest choice that you can resort to because your money is guaranteed and you cannot lose it at any time and the interest rate is fixed.

The periods of certificates vary, starting from one year up to five years, and the interest rate varies according to each bank. Among the disadvantages of bank deposits and certificates is that they oblige you to leave your money without disposing of it for a certain period until you can get the full interest rate, and they also cannot offer you large profits.

This banking investment just represents a safe way to utilize any amount you have that you do not need to dispose of in a certain period.

Commercial projects:

Commercial projects are one of the most successful ways to invest and generate income all the time, especially in times of crisis.

First, you have to think about finding a successful project idea in the market to guarantee you a profitable return. Commercial projects offer you great freedom in choosing the field in which you can excel, but it also comes with a set of challenges, the first of which is competition with other projects and how you can stand out from others. Also, project management will require a lot of time, effort, and capital, and you will need time to obtain stable profits.

In the following paragraphs, we will discuss in detail investing in gold and real estate.

Things to consider before making an investment decision

An investment decision is essentially a personal decision, and no single answer or method can be put into it to suit all individuals together, it is not one way fits all.

The investment decision depends on a set of elements that change and their conditions differ from one person to another. But we can guide you on how to evaluate your investment decision.

The level of income earned by an individual is the most important component of the entire investment decision. You cannot decide to invest your money without having a stable source of income that allows you to build up capital that helps you invest without risk.

After determining the source of income and reaching a fixed amount, comes the percentage of money that you can save periodically without affecting your expenses & needs.

When deciding on the field of investment that you wish to enter into, you must determine the extent of your knowledge in each field and the extent of your ability to follow up with your business to avoid exposure to loss or fraud as a result of your lack of knowledge or experience in the field.

Investing in gold

The word "gold prices today" has become the highest search rate on the Internet in Egypt over the past three months, and this comes as a natural result of what the gold market is witnessing from an unprecedented increase in gold prices every hour. The rise in the price of gold is a direct reflection of the state of inflation in the economy. As a result of this rise in gold prices, the demand for buying increased, which led to a lack of supply in the market.

Investing in gold is not considered a modern thing, as it is one of the oldest traditional ways that people have known to preserve their savings by buying pieces of jewelry made of gold or bullion and gold coins. Some families used to convert any cash they had into gold. Now everyone who invested in gold feels victorious, as the price of a gram of gold today has reached more than 1,600 Egyptian pounds for 21 karat gold.

Take a look at this project Souq EL Dahab New Capital.

Now comes the most important question: Is investing in gold at present in Egypt a sound choice? The answer to this question depends on evaluating the advantages and disadvantages, as follows:

First, the advantages of investing in gold

Investing in gold gives you the great advantage of flexibility. You are not obliged to invest a certain amount to get started. You can start buying gold, whether from pieces of jewelry or small bars, which are available in small sizes such as a quarter of a gram, a gram, gold coins such as a gold pound, and even large bars.

You can always increase your investment by buying gold continuously whenever you get the chance. All you need is to look for a reliable dealer to deal with continuously.
You can sell gold at any time you need it and it does not require any procedures or steps.
You can also buy gold from abroad or sell it abroad, as it is a global commodity.
It does not burden you with any maintenance or conservation burdens
Gold maintains its physical value unlike money
Gold prices are announced and you can get them easily through any simple search for gold prices today.

Second, the disadvantages of investing in gold

You can get immediate profits from gold, but the correct investment requires the passage of some time for not less than a year so that you can feel a noticeable profit.
You cannot use gold to get passive income through it. It is an asset that you cannot lease or exploit in any project.
A sudden drop in gold prices can occur according to the market movement, which may make you retreat from selling at some times

Investing in real estate

Investing in real estate may have been out of the minds of many people for a long time. However, in recent years, the real estate market has begun to prove its ability to be a profitable and stable field for anyone who wants to invest their money. The strength of the real estate market in Egypt is due to the strong demand for the real estate commodity in Egypt as a result of the presence of millions of people annually looking for apartments for housing. In addition, the direction of the Egyptian government in the last decade focuses strongly on urban expansion, and this is what we see through the opening of all new city projects, such as the New Administrative Capital, New Alamein on the coast, New Mansoura, and others.

Advantages of investing in real estate:

Investing in real estate can bring you passive income and permanent profits if you rent out your property
The volume of investment in real estate is large and is always increasing
The demand for real estate does not stop, which makes the market in a state of permanent movement and guarantees your money
The price of real estate is not volatile, unlike gold
You can always exploit the property, whether you use it personally or by setting up a project with it
Real estate varies between residential, commercial, and administrative, and each type offers a set of advantages that can support your investment

Disadvantages of investing in real estate:

Investing in real estate requires a large amount of capital, unlike other sectors
With the rise in dollar prices, the prices of building materials will increase accordingly, which exposes real estate developers to the risk of postponing the completion of building their projects or raising the prices of projects.
Real estate is a long-term investment that does not generate immediate or short-term profits
Entering the real estate field will require many legal procedures and administrative papers to make your investment sound
Investment in real estate is subject to taxes
Prices in the real estate market are not subject to a specific rule or a single source from which you can access a price list
Investing in real estate reduces the percentage of liquidity in your money, so if you think about selling, this issue will take some time to reach an appropriate offer.

After putting forward all these points, the choice always remains with you, but all that matters is that you start now and make your decision without wasting your time, as the best time to invest is always the present moment.

In Inland, we are always interested in providing all the assistance you need in the field of real estate, so you can always follow all the weekly articles to receive more information, and through our website, you will know all the new projects.

The Inland team is always ready for all free real estate advice by calling us at this number 01003366453.

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