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re: Just dumped some cash and bought gold, good or bad?
Posted on 8/16/14 at 11:23 am to cave canem
Posted on 8/16/14 at 11:23 am to cave canem
quote:
JoeMo In my opinion metals are still priced a bit high and take somewhat of a beating historically as interest rates rise. That being said having a portion of your portfolio in metals aint a bad idea as the government is trying to devalue the dollar and metals can be somewhat of a hedge. I am not as sophisticated as some on this board but buy a few bars of silver monthly and gold coins on occasion. It is nice to invest in somthing tangible you can hold in your hand.
And I like to lay mine out in the floor and roll around in it like Scrooge McDuck. Can't do that with stocks.
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