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What percentage of you net worth (not including house etc) is invested in bullion?
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<p>[QUOTE="fatima, post: 1248492, member: 22143"]You are stating the obvious and ignoring the practical aspects of doing what you state. It's folly to suggest that a certain investment, i.e. S&P is better than gold or vice versa with the response, "buy high sell low", and you are only providing certain anecdotal evidence, price history, to determine what makes a good investment now. This is where many many investors get messed up. Euphemisms such as "Don't discount the resources of the USA" are not investment advice either. This makes the assumption that the current S&P reflects the industrial output of the USA. This is hardly the case now. </p><p><br /></p><p>So you really don't need to worry about opening my eyes as I think that you need to take your own advice first. Both the S&P and the prices of PMs are being driven by very specific elements of the economy, none of which you have addressed.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1248492, member: 22143"]You are stating the obvious and ignoring the practical aspects of doing what you state. It's folly to suggest that a certain investment, i.e. S&P is better than gold or vice versa with the response, "buy high sell low", and you are only providing certain anecdotal evidence, price history, to determine what makes a good investment now. This is where many many investors get messed up. Euphemisms such as "Don't discount the resources of the USA" are not investment advice either. This makes the assumption that the current S&P reflects the industrial output of the USA. This is hardly the case now. So you really don't need to worry about opening my eyes as I think that you need to take your own advice first. Both the S&P and the prices of PMs are being driven by very specific elements of the economy, none of which you have addressed.[/QUOTE]
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What percentage of you net worth (not including house etc) is invested in bullion?
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