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Gold vs CDs vs stocks: When gold helps (and when it doesn’t)

New York Post·Will Kenton·29 days ago
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Harry Markowitz, the economist often credited as the father of modern portfolio theory, is reputed to have said, “Diversification is the only free lunch in finance.” Diversification does a lot of work in your portfolio and is still one of the investment basics new savers learn. Many 20th-century investing assumptions have been tested in recent years, but the underlying principle behind diversification remains sound. Buying assets whose values aren’t correlated hedges against risk . Metal dealers, such as Thor Metals Group and others like it, offer their services specifically as a hedge against economic uncertainty. When investing in gold, in addition to other assets like stocks and certificates of deposit, it’s important to understand the role different assets play to preserve your purchasing power over the long run. If the objective is retirement savings, a gold IRA comparison with taxable accounts is also important. What are the benefits of stocks, CDs and gold in your portfolio?…

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