Investement in gold is a better idea?

[Sham12345]

Investement in gold is a better idea. I have invested in insurance and share market , now i like to invest in gold ,if you have any suggestion guide me.

[dczech09]

How is investing in gold a "better idea?" I have done plenty of research that shows the contrary.

[greenskeeper]

silver

[andrewkr80]

Hopefully your whole portfolio isn't in gold. If it is, you're in for a shock if this bubble bursts...

[BuckyBadger]

Investing in gold AND insurance? Well on your way to success, I say.

[Petunia 100]

Investement in gold is a better idea. I have invested in insurance and share market , now i like to invest in gold ,if you have any suggestion guide me.

My suggestion is to decide on a reasonable asset allocation plan and stick with it. Set yourself up for success. Choose low-cost quality funds or ETFs to "flesh out" your asset allocation plan, invest regularly, and re-balance periodically. Trying to guess what might be hot next, or jumping into what is currently hot (gold) after it has had a good run is a recipe for disaster, not success.

[community]

saving gold is good option

I think this is the best idea for investment because pries of gold is increase day by day & it gives better return.

[silvor]

How is investing in gold a "better idea?" I have done plenty of research that shows the contrary.

Anywhere you can point to? You can PM me if you like.

I had a lot of silver, but decided it's better to pay off debt than continue with the bubble so all my silver is gone. That said, now that the debt is gone, I kind of want to start again.

I don't know I guess.

[MakeAStash]

The Aden Forecast remains bullish on PMs on the basis they outperform in negative real interest rate enviroments such as the present. Some % in PMs, even a % higher than usual, makes sense to me.

[nimisht]

I think as long as you diversify smartly, having some gold does not hurt. Even major economies peg their currencies to gold reserves. But with markets being as volatile as they are these days you never know.

[dczech09]

Anywhere you can point to? You can PM me if you like.

I had a lot of silver, but decided it's better to pay off debt than continue with the bubble so all my silver is gone. That said, now that the debt is gone, I kind of want to start again.

I don't know I guess.

Rather than regurgitate everything I have said before, check out this video of mine. I explain why gold is not a good long-term investment.

I understand that you are asking about silver, however gold and silver are pretty in sync.

Gold is not a standard. It is simply a commodity now (like pork bellies). Until we go back to the gold standard (if that happens), the value of gold is subject to fluctuation like anything else.

[orlandowilliams]

Yes, it is good to invest in gold.

[rxtrom]

Take the money you will spend on 1OZ of gold and put it in a stock mutual fund don't touch it for 10years and you will be glad you did not buy the gold.

As mentioned above - gold is just a commodity now. The price is based on speculation like all other commodities. What happens when everyone decides to unload their gold or no longer continue to buy it? Buying gold is like putting all of your money on one company's stock. Use gold investment as a diversity if you wish but even then I would say to have 50k in other vehicles per OZ of gold.

I think people like the tangible evidence of the gold bars and think when Armageddon strikes that they will have some sort of buying power with them. I guarantee when the end of times come food, water, and shelter will be the new currency.

[BuckyBadger]

I guarantee when the end of times come food, water, and shelter will be the new currency.

And guns.

Might be able to melt that gold down into bullets, though. That would be its only value.