by anilmr » 30 Mar 2019, 08:26
anilmr wrote:skysnap wrote:Keefers wrote:What I haven't heard yet is investing in Gold. Do you guys know that in the US the "paper" money isn't backed by anything? SOmething to think about.
Gold is meant for the extreme bad days. Something that not a lot of people realize may work out for people. Gold is these days replaced by cryptocurrency.
Gold as an investment may be out of fashion these days, but it is one of the oldest investment option which has been available as a hedge against inflation. Does it Still Pay to Invest in Gold? Well, thre are two schools of thought - one in favour and one against.
Here in India, we have gold-based mutual fund and also gold ETF (exchange traded funds), and one advantage of gold mutual funds is that they are a convenient way to invest in gold as an asset class without having to hold the commodity in a physical form.
[quote="anilmr"][quote="skysnap"][quote="Keefers"]What I haven't heard yet is investing in Gold. Do you guys know that in the US the "paper" money isn't backed by anything? SOmething to think about.[/quote]
Gold is meant for the extreme bad days. Something that not a lot of people realize may work out for people. Gold is these days replaced by cryptocurrency.[/quote]
Gold as an investment may be out of fashion these days, but it is one of the oldest investment option which has been available as a hedge against inflation. Does it Still Pay to Invest in Gold? Well, thre are two schools of thought - one in favour and one against.[/quote]
Here in India, we have gold-based mutual fund and also gold ETF (exchange traded funds), and one advantage of gold mutual funds is that they are a convenient way to invest in gold as an asset class without having to hold the commodity in a physical form.