I'm considering whether it's a good idea to own physical gold. I want to understand the benefits and drawbacks of having gold as a part of my portfolio. Should I invest in physical gold or are there better options?
7 answers
ShintoSanctuary
Mon Nov 18 2024
Gold has held a unique and esteemed position throughout human history.
EnchantedSky
Mon Nov 18 2024
Its value has been recognized across cultures and eras, making it a highly sought-after commodity.
ethan_thompson_psychologist
Mon Nov 18 2024
In modern times, owning gold serves multiple purposes. It can act as a shield against inflation, preserving the purchasing power of one's wealth.
EchoSolitude
Mon Nov 18 2024
Similarly, gold offers protection during deflationary periods, as its intrinsic value remains relatively stable.
SapphireRider
Sun Nov 17 2024
Investors often incorporate gold into their portfolios to diversify and mitigate risks associated with other assets.