Ahh Gold, who doesn’t want you? I know I desire you all day long; only if you were 1000% cheaper lol. To those who have the money though, investing in Gold may prove to be a worthwhile investment this 2016. Today we would be taking a look at what makes Gold special and why it is a must have for every serious investor. [Read more…] about Gold; the Investment of choice
Investing in gold serves as a good source of diversification for your investment portfolio. Bonds, stocks, real estate and other types of investments are vulnerable to changing economic times, but gold rarely changes; instead it rises and appreciates easily in value. During periods of economic downturn, when various asset classes fail, a precious metal such as gold may be what saves a portfolio; this is because gold is the only asset which is negatively correlated with other asset classes. Due to the negative correlation with other asset classes, gold can reduce portfolio volatility or risk. Many of the world’s billionaires and elites are increasingly purchasing precious metals such as gold, silver, diamonds, palladiums to mention a few. They know that value is stored, and no matter the economic condition, their precious metal endures. [Read more…] about Investing in Gold
