SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Goose94 who wrote (55706)3/1/2019 7:23:53 PM
From: teeveeRead Replies (1) of 203566
 
How much gold should I own? The amount I am comfortable with. I would like to get gold up to 5% of my
portfolio, buying and selling as it increased or decreased from 5%. The cost of owning gold is "opportunity cost" if you intend on holding long term, where you could have made alternative investments that offer yield and or capital gains. My expectations are that gold will keep up with inflation and maintain its buying power, and that it is insurance in the event of a monetary "black swan". I hold some gold long term as a form of monetary insurance, but I get to keep the premium:-). In Canada, if you own physical gold as I do, have either a floor or wall vault, reason being is that if you hold in a bank safety deposit box, and the bank goes down, you lose safety deposit box contents to the bank and become a creditor.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext