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re: Can someone explain the pros and cons of gold?

Posted on 4/17/24 at 8:45 am to
Posted by uncommon sense
Member since Feb 2024
86 posts
Posted on 4/17/24 at 8:45 am to
Most financial advisors don't "like" it because if you buy physical gold, they're by and large cut out of the action. No other reason.
Posted by tgerb8
Huntsvegas
Member since Aug 2007
6004 posts
Posted on 4/17/24 at 9:22 pm to
quote:

Most financial advisors don't "like" it because if you buy physical gold, they're by and large cut out of the action. No other reason.


You guys have given some great advice and made some good points. I sincerely appreciate it..

So what is a good, trustworthy source?
I saw eBay mentioned. Costco... does it necessarily matter?
what would be a good amount to buy if you were trying to diversify a (completely made up for this thread) amount like 1 million? 50k? 100k? or just "whatever you feel comfortable with?"

I tend to be more conservative with my portfolio anyway and gold seems to follow those lines.
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