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<p>[QUOTE="medoraman, post: 1238154, member: 26302"]I wouldn't be that jaded Owle. PM is a commodity, just a storable one. Investing in corn would have been just a lucrative as an PM recently, and cotton even more so.</p><p><br /></p><p>I think a lot of financial professionals also worry about security as well as returns. The advantage of paper assets is they cannot be robbed at gunpoint from you. Bottom line there is no assurance really you can keep you PM, houses are robbed, "home invasions" take place where the combination of safes are demanded at gunpoint, even banks do not insure your SDB. If you are a financial professional and recommend gold coins, the client gets robbed of their life savings, you can be brought up on charges of giving poor investment advice.</p><p><br /></p><p>Is it too skewed towards paper assets? Yeah, probably, but most won't deny their ARE downsides to physically owning valuable, easily carried and easily fenced items as your life savings. I like PM in a portfolio, but I personally would NEVER put my entire retirement funds into anything that could physically be taken away from me, either through a break in to a SDB or a home invasion.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1238154, member: 26302"]I wouldn't be that jaded Owle. PM is a commodity, just a storable one. Investing in corn would have been just a lucrative as an PM recently, and cotton even more so. I think a lot of financial professionals also worry about security as well as returns. The advantage of paper assets is they cannot be robbed at gunpoint from you. Bottom line there is no assurance really you can keep you PM, houses are robbed, "home invasions" take place where the combination of safes are demanded at gunpoint, even banks do not insure your SDB. If you are a financial professional and recommend gold coins, the client gets robbed of their life savings, you can be brought up on charges of giving poor investment advice. Is it too skewed towards paper assets? Yeah, probably, but most won't deny their ARE downsides to physically owning valuable, easily carried and easily fenced items as your life savings. I like PM in a portfolio, but I personally would NEVER put my entire retirement funds into anything that could physically be taken away from me, either through a break in to a SDB or a home invasion.[/QUOTE]
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