![]() Rather than having all of your money tied up in one asset class, different types of investments could potentially help you better manage risk and return. Diversification: Some investors buy gold or buy silver as a way to build a diverse portfolio.That doesn't mean gold will always go up when the economy looks shaky, but it could be good for those who plan ahead. An analysis by the Federal Reserve Bank of Chicago compared gold prices to a University of Michigan study of consumer expectations and found that, as the proportion of consumers with pessimistic expectations goes up, the price of gold is positively correlated. Safe haven through economic changes: Buying gold can potentially help investors get through uncertain economic conditions, considering the price might rise during these periods.Not everyone agrees and gold may not always rise when inflation goes up, but it could still be an investment factor. Gold, on the other hand, may increase in value during inflation. So, if you have cash, you're effectively losing money. ![]()
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