Investing in Gold, Silver or Platinum Bullion
Filed Under General Interest |
One of way to make money is to invest it. The stock market these days is not looking so hot, so where can one invest their hard-earned dough? Perhaps precious metals or collectible coins might be the way to go. I just wrote a lens over at squidoo that talks about this very idea. Some of you may find it interesting. Anyway, here is a link, Gold and Silver Bullion Investing in case you’d like to take a look.
You might also want to jump in with both feet and start looking for some gold coins for sale. If that’s the case, take a look at Gold and Silver Bullion Bargains and see if you can find something nice to buy. You won’t regret it.
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3 Responses to “Investing in Gold, Silver or Platinum Bullion”
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Bo,
I appreciate your thoughts on the subject. Any form of investing requires an investment in research and education. I would never recommend that anyone invest only in gold but as a method of diversification and portfolio balancing, it can be a useful tool. Besides that, investing in collectible gold coins has the added appeal of having value beyond just the weight of the metal.
Here are six reasons to own gold extracted from Blanchard Investing’s “Why Own Gold?”
1. As a hedge against inflation.
2. As a hedge against a declining dollar.
3. As a safe haven in times of geopolitical and financial market instability.
4. As a commodity, based on gold’s supply and demand fundamentals.
5. As a store of value.
6. As a portfolio diversifier.
To read more go to:
http://www.blanchardonline.com/gold_as_investment/why_own_gold.php
Investing in gold is a horrible idea. I’m not even sure if my comment will be published or not, but the fact is that investing in gold right now because it is really high is a high risk, short-term investing method. When you invest in something, you have to look at its history. In the last 50 years of gold price just broke even with the inflation rate. Here are some facts extracted from “Stocks for the Long Run” by Jeremy Segall.
One dollar invested in bonds in 1801 would yield $13,975 today.
One dollar invested in stocks in 1801 would be worth $8.8 million today.
One dollar invested in gold in 1801 would be worth $14 today.
Just a thought.
Nice writing. You are on my RSS reader now so I can read more from you down the road.
Allen Taylor