Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
How much GOLD is enough, to provide security for your family ?
>
Reply to Thread
Message:
<p>[QUOTE="Cherd, post: 20654966, member: 24754"]What do you mean by "security for your family"? Are you trying to buffer against the economy completely collapsing? Like an emergency fund to get out of the country? Or something like that?</p><p><br /></p><p>Unless some kind of apocalyptical situation occurs (What are the chances?), then precious metals are not the most efficient way to ensure long-term financial security. If you have enough disposable income to purchase 3-4 ounces of gold each month, then tossing that money into mutual funds will almost assuredly outperform gold over the long run (put some in foreign markets if the US markets scare you). There are other more tangible assets, like real estate, etc for which the same is true.</p><p><br /></p><p>Gold would be nice to have if things really went to hell in a handbasket, however, I'm not sure it would even be the best thing to have invested in under those circumstances. At some point, the most forward thinking investment would have been guns and piles of ammo. But, if things get that bad, then I don't really think that I'd want to stick around anyway.</p><p><br /></p><p>All just my opinions of course, each to their own.[/QUOTE]</p><p><br /></p>
[QUOTE="Cherd, post: 20654966, member: 24754"]What do you mean by "security for your family"? Are you trying to buffer against the economy completely collapsing? Like an emergency fund to get out of the country? Or something like that? Unless some kind of apocalyptical situation occurs (What are the chances?), then precious metals are not the most efficient way to ensure long-term financial security. If you have enough disposable income to purchase 3-4 ounces of gold each month, then tossing that money into mutual funds will almost assuredly outperform gold over the long run (put some in foreign markets if the US markets scare you). There are other more tangible assets, like real estate, etc for which the same is true. Gold would be nice to have if things really went to hell in a handbasket, however, I'm not sure it would even be the best thing to have invested in under those circumstances. At some point, the most forward thinking investment would have been guns and piles of ammo. But, if things get that bad, then I don't really think that I'd want to stick around anyway. All just my opinions of course, each to their own.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
How much GOLD is enough, to provide security for your family ?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...