In these uncertain financial times, investing in gold has been a very popular topic of discussion. Does gold really offer a safe haven for your money? Does it make sense for your portfolio? What is the risk? The prudent investor should learn all he can before committing to an investment in gold.
I have always thought that gold was a good investment. I am hoping that thing continue to move ahead for gold.
Yeah gold is a good investment for some one who isnt a risk taker and has a long investment time horizon , and someone who doesnt really believe in active trading .
"Today's Economic Conditions have created a perfect environment for the price of gold to appreciate." This is absolutely encouraging my gold portfolio to hold long. I would like to share my findings on gold investment in brief. 1. Gold acts as the hedge against inflation and declining dolor. 2. It provides protection against financial market instability. 3. Its store value remains high. 4. it’s an excellent portfolio diversifier.
I too see it as being an excellent portfolio diversifier. I would love to have this added to my portfolio and am working on investing some right now.
Once gold had an impact on the U.S.Economy from the gold standard to the price of gold. Researches show that well-diversified portfolio includes gold. When the stock market crash, gold is good hedge after a couple of days. To offset the decline in the stock market, people(we) invest in gold. Hence it is considered that the gold, a safe haven investment.
You're quite right there, but the problem lies in getting into gold at the proper time - e.g., when it doesn't cost an arm and a leg to get enough to actually amount to a profit when you decide to sell. I'd advise people to wait until gold peaks and falls before they get in. Unless you're one of those quick turnover types - buy a few thousand dollars worth and turn it over when it increases a few percent. There's a lot less risk that way, but a lot less profit as well.
