Should You Invest in Gold? A One Minute Perspective

More and more people, especially in times of turmoil (economic, geopolitical or otherwise) are asking themselves if it’s time to gain at least some exposure to gold. If you are in it for the long haul, then the answer to any questions as to whether or not you should invest in gold tends to be affirmative. There is, in my view, room for precious metals in pretty much all portfolios. At the same time, though, you should not invest in gold if you are only in it for short-term gains... in other words seeing gold investing from the perspective of trading potential tends to be a bad idea. Don’t trade... just don’t. Instead, understand that gold is most definitely an asset with a multi-millennia track record which is worth having but that volatility should be expected. Keep your eyes on the prize and on your goals (hedging against uncertainty and sure, also against inflation) and whatever you do, don’t get greedy. Protecting yourself is the name of the game when deciding when and how you should invest in gold and from this perspective, gold... yes, I will say it and you cannot stop me... shines! :)