Question: If I invested in gold now, could I expect to receive a return in the future ? Would you take the chance ?
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Answer #1:
gold doesn't pay dividendsgold isn't edible
gold is merely a store of wealth or a currency
Answer #2:
Your statement about gold rising 20% per annum is false. It has increased recently but by and large it has produced a very poor return over the past couple of decades. Your statement that "gold is expected to crash" is also false. With the world economy still on shaky ground and sovereign debt issues still waiting to come to the forefront, gold is not going to crash anytime soon.Gold is a bad investment - but a good hedge in times of inflation and economic uncertainty. A lot of uncertainty is already priced into gold, but if you think things could get worse before they get better then put 5-15% of your holdings into gold, but I would do so on speculation you'll make or lose a lot of money in the next few months.
Answer #3:
Gold has gone up recently, so it's not a good time to buy. You should have bought when it was 7 or 8 hundred per ounce. Most investors would recommend that you put no more then 15% of your portfolio in gold. You shouldn't. Now is the time to sell.Answer #4:
"Gold has risen 20% per annum." That is bunk. Be careful of historical facts and numbers that you think you know. If those figures are wrong, then you make bad decisions based on that information."gold is expected to crash." By whom, fortune tellers? The future is always uncertain; nobody knows the future.
If you look at the historical price chart of gold below, you can see that gold prices went nowhere for 20 years between 1984 and 2004, and traded in a range between 300 - 500.
Click Here
Look at a current chart of gold prices here
Click Here
Gold is making Lower Highs and Lower Lows. That is the definition of a Downtrend. You only invest in Uptrends, when price is making Higher Highs and Higher Lows.
Answer #5:
gold goes up as the us dollar goes down. as the us dollar is weak right now gold is through the roof. gold is at a high point in my opinion, i would not buy it, and as the above poster said, gold does not pay dividends. and as far as gold rising 20% per annum, you need to understand that PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS! btw what savings account have you found that pays you 4%?Answer #6:
You shan't, if you want to make money. Over the long run, gold is among the worst investments. Even worse than T-bills. Beware of websites that are promoting gold, or any other investment. They may be telling the truth or they may be lying.** Powered by Yahoo Answers
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