Is It too Late to Invest In Gold?
Public Comments
- No, you just won't make as large a profit as the people who invested when the price was lower.
- Invest is silver its still undervalued and not at its high of $20 in march of 08 $50 OZ in 1980 get a little gold too
- It's never too late to invest in Gold & Silver. Don't put more than 2% of your portfolio's cash into them. As you know... investment success is dictated more by your asset allocation than any specific investment.
- Yes.
- When gold and silver pull back in price buy some.Silver is under valued and on a percentage it will go up more than gold.Silver is used a lot in industry and there is a shortage of what is pulled out of the ground and what is used in business.
- Invest or trade? If you are investing, you can buy now, it may go lower between now and the end of Oct. but Gold will be going up long term. As others have stated, Silver is a better investment. Split your investment between gold and silver. USG = gold SLV=silver.
- no , not too late. However buying gold is more an insurance plan than an investment. No wealth is produced, it is only protected. Maybe buy gold mining shares.
- It's never the right time to invest in gold because it's not in investment. It's speculation. It doesn't pay interest or dividends or have earnings, so you have opportunity costs. Then there are the transaction costs, which are huge and have to be covered before you make a profit.
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