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Saturday, 21 March 2020

what % of income to invest in gold?

Vida Miss: All of it

Claude Gloden: No point in investing gold because the people who sell it have already invested it for them selves!FAG GOT!!!

Michelle Sohre: The so called "financial experts" usually advice ppl to invest 10% of their portfolio in gold. But if you are investing for the long term and you dont know a lot about the stock market I would advice that you just invest most of your money in gold. It's probably the safest investment there is. If you look at the history, gold has never really crashed, it just keeps goin up. Can't think of any investment that has done what gold has done.

Alisa Kaleiwahea: Over the past decade, Apple stock has increased in value by a factor of 12, doing much better than gold. Why do you want to limit yourself?

Randa Hessell: Credible experts range from 5% to 20% of your portfolio in precious metals. I am at the lower end, about 5% but I may increase that after October when the seasonal price increases in go! ld and silver pull back. Gold and silver are a hedge: they tend to go up when traditional investments go down. They are also a haven for uncertain economic times, and go up during those times. The problem is, they are not good long term investments - over a 10 or 20 year period you will break even or lose money.The best way to have gold or silver would be GLD or SLV ETF's which trade like stock. You don't have to handle the physical metal, commissions are much lower, they are much easier to buy and sell, and they are backed by actual physical stores of the metals....Show more

Arleen Bussing: Depends.If the economy seriously tanks, invest all of your money in gold~ ~ ~

Coleman Coscia: 5-10% investment is better to invest in gold and invest in silver is good too

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