2006-08-19 05:27:42 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Most investment advisers recommend no more than 10% of your holdings be in precious metals. When investing in gold, you should ONLY purchase recognized gold coins. Raw gold is never a good investment because of the need to have at assayed every time you buy and sell. The cost of the assay will kill most profit potential in owning it.
2006-08-19 05:41:55 · answer #1 · answered by Bostonian In MO 7 · 1⤊ 0⤋
Yes, and then buy yourself a ranch, get some horses and kick the hell outta those Indians again, just to make sure.
2006-08-19 05:33:34 · answer #2 · answered by Uros I 4 · 0⤊ 0⤋
Gold, silver, diamonds are always a very good investment.
2006-08-19 05:35:13 · answer #3 · answered by kekeke 5 · 0⤊ 0⤋
gold is sorta like paper money in a way, what if nobody wanted it anymore...... it would be worthless
2006-08-19 05:38:17 · answer #4 · answered by Anonymous · 0⤊ 0⤋
gold is just a barometer of money.
2006-08-19 05:32:48 · answer #5 · answered by Anonymous · 0⤊ 0⤋