Question about Investing in Gold

[pojes]

Hey everyone,

I've been considering diversifying my investment portfolio, and I'm curious about investing in gold.

I've heard mixed opinions about its stability and potential returns compared to other assets like stocks or real estate.

Can anyone share their experiences or insights on investing in gold?

I'm particularly interested in understanding how gold performs during economic downturns or periods of inflation, and whether it's a good hedge against market volatility.

Any tips on the best ways to invest in gold, such as buying physical gold, gold ETFs, or gold mining stocks,

would be greatly appreciated.

Post automatically merged: Mar 4, 2024

Hey everyone,

I've been considering diversifying my investment portfolio, and I'm curious about investing in gold.

I've heard mixed opinions about its stability and potential returns compared to other assets like stocks or real estate.

Can anyone share their experiences or insights on investing in gold?

I'm particularly interested in understanding how gold performs during economic downturns or periods of inflation, and whether it's a good hedge against market volatility.

Any tips on the best ways to invest in gold with this frim Our Fiscal Security, such as buying physical gold, gold ETFs, or gold mining stocks,

would be greatly appreciated.

Thanks in advance for any help

 

[Tuhr]

Investing in buying arable land to sublet for farming survives all volatility in markets, you can't eat gold during a financial collapse. If you add both assets to your portfolio you benefit from downturns. I'd stay clear of real estate, neverending housing crisis. Adding the word crisis to a search for what you're considering to invest in is a good indicator of risks and potential losses.

 

[Marc_LFD]

Investing in buying arable land to sublet for farming survives all volatility in markets, you can't eat gold during a financial collapse. If you add both assets to your portfolio you benefit from downturns. I'd stay clear of real estate, neverending housing crisis. Adding the word crisis to a search for what you're considering to invest in is a good indicator of risks and potential losses.

In that case, a simple wire fence isn't enough, but walls to keep strangers out for privacy and for protection (unless you know your neighbors really well).

My dad owns land in a few parts, though it's not well organized and I've told him about it. It's not mine even though I keep hearing "You'll inherit this because your sisters won't want it" but that's not really a reassurance.

I'm a guy who likes things planned, organized, and clean, and well, he's kind of the opposite so.. Yeah.

Moreover, I agree with you about it. I thought about buying gold, except I'm skeptical of its value as most people value more governmental money than gold/silver. I already have BTC which I bought worth about $440 and it has increased to $580, do I suggest people invest in BTC? Hell no, you're gambling away your money. I guess I was lucky it bumped up than dropped.

Social Security is another thing, it may or may not be there for Millennials and the newer gen.