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re: Platinum Investment....as in Precious Metals
Posted on 10/29/18 at 7:00 am to arkiebrian
Posted on 10/29/18 at 7:00 am to arkiebrian
quote:
What sort of scenario do you imagine where precious metals don't have value?
They will never be "worthless", however their utilitarian value isn't what I would call good.
Some people (Dave Ramsey listeners) love to preach about the failures of Gold and Silver as investments, and they're half right.
As a long term investment, they suck. That's not really disputable when you compare it to the stock market and real estate.
But they do have their place, as a hedge. Historically, when the market crashes, precious metals spike, so it's always a good idea to have at least some in your portfolio.
I just own some physical bars and coins. Never really looked at platinum tho, but I might now.
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