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changelife

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Making an investment in gold is a smart thing to do ahead of retirement because it is not as risky as other assets. Paper assets like stocks, bonds, mutual funds, and most investments on the NYSE, Nasdaq, and other stock exchanges are generally more volatile in terms of maintaining wealth.
Do you agree with me,your comment accounts.
Save,Safeguard,Invest,Exchange Protect your wealth
 

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GoodluckChuck

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You can't expect any returns from gold. It can only protect your money against inflation.
Buy gold at 1400 then sell it at 1500. You made money...

Source: 6 mo gold chart.

If one buys gold now when stocks are soaring, they'll probably make money if a resession hits and money flies into safe haven assets.

There's also gold mining stocks which will benefit from a rise in metals
 

karakoram

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Making an investment in gold is a smart thing to do ahead of retirement because it is not as risky as other assets. Paper assets like stocks, bonds, mutual funds, and most investments on the NYSE, Nasdaq, and other stock exchanges are generally more volatile in terms of maintaining wealth.
Do you agree with me,your comment accounts.
Save,Safeguard,Invest,Exchange Protect your wealth
Disagree. Its not that simple. Sorry about that, but its far, far more complicated than this view on things. I have hundreds of books on investing and trading. Thousands of books exist about investing because its not this simple.

I've traded gold futures and made a bundle. I've bought and sold physical gold and lost a bundle. I've invested and traded stocks and made or lost money. I have friends that buy dividend "blue chip" type stocks and its very stable. I have other friends that sell covered calls against their stock positions in relatively stable stocks and average 25% + per year.

Additionally, the price of gold is typically quoted in dollars, that is, USD. USD itself fluctuates in value. Just look at the interbank FX market. USD also depreciates due to inflation.

I've traded crypto, which, as everyone knows, fluctuates wildly, and I've made large sums of money. My point is that earning a positive return is more about skill than the type of investment you are in.
 

alexkuzmov

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Making an investment in gold is a smart thing to do ahead of retirement because it is not as risky as other assets. Paper assets like stocks, bonds, mutual funds, and most investments on the NYSE, Nasdaq, and other stock exchanges are generally more volatile in terms of maintaining wealth.
Do you agree with me,your comment accounts.
Save,Safeguard,Invest,Exchange Protect your wealth
I think you are confusing investing with speculating.
If you 'invest' in gold, what does gold do for you?
 

jpanarra

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The best investment is in yourself.. Not Gold.

When you start a business you're not just investing in "gold" or a multi-million dollar corporation. You are investing in yourself and people that you decide to bring on board. Once you learn the skills of growing and managing people, you'll get a ROI way bigger than a short term return on gold.

Read the FLM or Unscripted again
 

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