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Personal Finance and Investing

RandySF

(71,689 posts) Wed Mar 25, 2015, 07:23 PM Mar 2015

0

How do you feel about precious metals? [View all]

Not asking for advice, just general attitudes towards precious metals such as gold. And no, Glenn Beck did not turn me into a Bug, but I did read that it doesn't hurt to have about 5% of one's portfolio in gold or silver. How do you approach it? Also, where does one find a reputable dealer and avoid getting gouged?

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14 replies

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How do you feel about precious metals? [View all] RandySF Mar 2015 OP

If you believe that inflation has the potential of being a big problem, in principle, it's not bad. lumberjack_jeff Mar 2015 #1

Personally I'd not consider it without serious advice from a serious investment advisor. elleng Mar 2015 #2

I invest in precious metals mutual funds ... CaptainTruth Mar 2015 #3

Instead, buy a metal fund or buy stock in a gold mining company. They follow the price of the metal, Hoppy Mar 2015 #4

Be careful about gold mining companies TexasBushwhacker Dec 2015 #13

As jewelry, yes. SheilaT Mar 2015 #5

Couple of big problems; A HERETIC I AM Mar 2015 #6

Agreed. Common Sense Party Mar 2015 #7

DUDE! Long time, no see! Howyabeen? A HERETIC I AM Mar 2015 #8

Hey, man! Doing okay. Common Sense Party Mar 2015 #9

Road is open! A HERETIC I AM Mar 2015 #10

Thanks, my brother! Common Sense Party Mar 2015 #11

Gold Falls Away From Key $1200 Level Michael_wood Apr 2015 #12

Platinum is less than gold right now TexasBushwhacker Dec 2015 #14

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