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<p>[QUOTE="andrew289, post: 190363, member: 6463"]Buying 3-5 ounces of gold every year is not really investing. If you took that same $3,250.00 and put it in a simple Index fund, that keeps pace with the S&P 500.... that is investing...and your return will be much greater over the next ten years. </p><p> </p><p>What if gold spikes and you don't get out at the right time..what if gold dives and never recovers?</p><p> </p><p>Gold is only one basket, you need to be diversified and not keep all of your eggs in one basket. Instead of asking a coin website what to buy, get some real investment advice. Precious metal funds are great for diversification. You can own gold, silver, platinum without ever having to take possession and worry about security issues associated with keeping gold in your home.</p><p> </p><p>You may feel better holding a coin in your hand but that one Kuggerand is not going to go up much when compared to other investment opportunity. Just make sure that you are getting sound advice and not just "buy this coin or that coin."[/QUOTE]</p><p><br /></p>
[QUOTE="andrew289, post: 190363, member: 6463"]Buying 3-5 ounces of gold every year is not really investing. If you took that same $3,250.00 and put it in a simple Index fund, that keeps pace with the S&P 500.... that is investing...and your return will be much greater over the next ten years. What if gold spikes and you don't get out at the right time..what if gold dives and never recovers? Gold is only one basket, you need to be diversified and not keep all of your eggs in one basket. Instead of asking a coin website what to buy, get some real investment advice. Precious metal funds are great for diversification. You can own gold, silver, platinum without ever having to take possession and worry about security issues associated with keeping gold in your home. You may feel better holding a coin in your hand but that one Kuggerand is not going to go up much when compared to other investment opportunity. Just make sure that you are getting sound advice and not just "buy this coin or that coin."[/QUOTE]
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