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<p>[QUOTE=&quot;cjh1985, post: 681104, member: 19846&quot;]The critical question is what is your investment goal timeframe? Is it a year, 5 years, retirement in 30 years?</p><p>It is very important to diversify your investments, so having a portion in gold is not a bad idea, but realize that gold has gone from about $250 an ounce 9 years ago to almost $1,000 an ounce now. </p><p>If you believe in the adage buy low, sell high, you would be doing the opposite with gold, but if your timeframe is long enough . . . </p><p>Although stocks have risen about 50% over the past 6 months, they are still down about 35% from their high in October of 2007. So, a diversified portfolio of no-load stock and bond mutual funds, including perhaps a precious metal or gold stock fund, is something you may want to take a look at in addition to gold coins etc. </p><p>If the inheritance is substantial (everyone&#039;s definition is different) I would get professional advice.</p><p>Remember that buying an investment is the easy part, not selling when everyone else is panicking - and visa versa, is the hard part. </p><p>If you live near a Fidelity Investments Investor Center, that might be a good place to start (no, I do not work for them but have in the past). They are a good outfit that cares deeply about customer satisfaction.</p><p>Good luck.[/QUOTE]</p><p><br /></p>

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