Congrats to our very own Manny Pacquiao for winning his bout against Mexico’s Margarito last weekend! It was so intense, it was a good fight. Though I’m not a big fan of boxing, I enjoyed it. Anyway, he’s now a million dollars richer, do you wonder where he keeps his riches? I do.
I still wonder where Manny Pacquiao, having won so many world-level boxing fights, keep all his wealth. I mean, it wouldn’t be wise to keep all those millions in just one bank. I once heard from someone I know that one should store only up to a hundred thousand peso on every bank, since it’s the highest amount a bank can return to their clients in case the bank goes through some sort of financial crisis in the future. But even if Pacquiao followed this idea, I don’t suppose all the local banks here are enough to hold all his assets.
And then I came across this site dealing with gold bullion which could be an answer to the question. They urge people to preserve their wealth and add growth to it by investing in bullions. Why haven’t I figured this out? A gold coin is indeed compact and small but costs more than a thousand US dollars per piece. I heard people are now investing in gold IRA. I wonder how much it would cost if you buy bullion.
How I want to get my hands even on just one right now, but I don’t think I can afford it. How bout you, would you buy gold bullion in the future?
