There is no such thing as investing in gold, unless you're buying shares in a gold mining or processing company. Gold does not produce anything. If you are young - with many earning years ahead of you - and new to investment, gold does not make any sense. Reddit · reReddit: Top. Don't “invest” in gold, it's not an investment any more that exchanging CAD for USD is. It will not generate any “return”. It is a pseudo. If you really want gold then you can buy a cheap ETC like £SGLN. Though it is unlikely to outperform a diversified all-equity fund. Maybe 33/33/. Expand user menu. Log In / Sign Up · Advertise on Reddit · Shop Collectible Avatars. We have encountered an error. Please try again later.
If you ask my opinion, it's a good time to buy gold if you're willing to hold onto it for 5 years, but in full disclosure, I've been. Gold doesn't rot, you can easily hide it because it's so dense in value, it is virtually impossible to destroy, and there are no taxes levied on. People say gold is a good investment when they're trying to get you to buy gold. You should tell other people about how great gold is so they'll. If you ask my opinion, it's a good time to buy gold if you're willing to hold onto it for 5 years, but in full disclosure, I've been. Gold is a hedge on uncertainty. May blow up. May drag your overall return. Don't hold a position expecting anything reliable. You don't make money in physical gold, it's best viewed as an insurance policy. You won't get rich, but you can (sort of) keep up with inflation. Gold is money and not an investment. It is high quality dry powder in a world full of insolvent central banks and broke governments. Hence why. 52 votes, 43 comments. I am planning to buy gold as an investment, is it a good decision. Or are the rates really inflated? If you want to invest for returns, then SGB is the best. But please keep in mind gold itself is not a high return asset. Can fetch you somewhere. But gold isn't really an investment, since it earns no return; it is better thought of as a store of value or a hedge against negative outcomes. Gold is not a good investment. Its a good hedge against currency fluctuations though. If tomorrow ringgit turns into banana money your gold will.
And even if he were to be really into gold, wouldn't it be better to just invest in a gold ETF as you wouldn't have to go through the trouble of. Gold isn't really an investment because it does not earn interest or produce anything. It is more like a savings plan. You know it will always. You get absolutely screwed on taxes. Gold is classified as a collectible and is taxed differently than most other investments. Physical holdings. If you're here on reddit, then don't invest in gold ;). Upvote 1 gold to their investment portfolio by purchasing digital gold. The. All said and done, a lot of people still consider gold jewelry as an investment. Definitely it is a utility and can be used, and even flaunted. investing, and I'm kinda confused. I saw a Reddit post here asking if gold is a good investment. Most people commented that gold jewelry isn. If you want to invest your better off investing in etfs. Gold is a reasonably safe commodity, too safe for most that are looking to invest. Investing in gold is considered smart because it backs up the currency. The United States and many other countries do not have their currency. If you view gold as an investment, then remember that the only It's really easy to sell on Reddit. r/PMsForSale. Upvote 2. Downvote.
It has all of the inherent risk of paper Gold without any of the corresponding benefits of the physical stuff. It primary advantage is that it. Diversifying investments across various precious metals can help mitigate risks associated with any single market. Gold-Linked Financial. Gold is a SAFE investment, it is not a good growth investment. Heck putting money in a longterm bank CD is often going to give a better return. HYSA, gold is still risky, and every time you transfer forms of money, you lose value. Unless you were planning on holding it 50 years, don't. No. Don't invest in gold. Gold over the long term, even if it does better than cash or equities in years, will do worse than equities. It.
Is Gold A Good Investment?
Gold is a good investment right now? The output gradually decreases,it is rare metal, and it does not gradually depreciate like paper money. It's part of why I buy gold. I view it as a cash-adjacent item instead of an investment. Saving up tens of thousands for a house down payment. Gold ETFs (Exchange-Traded Funds): These are funds that track the price of gold and can be traded on stock exchanges. They offer an easy way to. Yes, Digital Gold is a bad investment. And most people invest in it because they don't realise that 3% GST and the buy/sell price spread. There is gold as an investment, gold as a hedge, and gold as a autoforexbinary.ru It's okay if you've maxed the tax advantaged accounts you want to compound interest and use as income rather then investing in stocks in a.