Hi! Would you recommend getting Gold now? Saw prices decreasing. Where do you suggest to buy Gold? Is it physical or etf? Thanks!

Hi, there are a few ways to do so.. either create a gold savings account, or invest in gold ETF/stocks. Some banks such as UOB, OCBC, and CIMB allow you to open a Gold Savings Account or Precious Metal Account. as for ETFs, some options are SPDR Gold Shares ETF, Aberdeen Standard Gold ETF Trust, and iShares MSCI Global Gold Miners ETF. Depending on your goals of purchasing goal, the platform choice might be different as well.

In the short-term it's hard to tell. However, over the very long-term gold prices have more than kept pace with inflation. Some people even follow the saying "Gold is real money, everything else is just credit".

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Personally, I have been buying a little bit of gold every month for the last 10 years or so. I made a rule that it should not exceed 7.5% of the value of my investment portfolio, and if it hits 8% to then sell off a bit and buy stocks if they look attractive enough. So far I'm doing well with this.

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If you believe that gold prices will rise in the future, buying now could be a good opportunity to invest and diversify your portfolio. But do remember that gold appreciation is usually less than stocks.

Gold is safe-haven. Even banks are buying them in times of uncertainty as it hedges against inflation.

No harm for both physical or ETF but as some of the comments mentioned, ETF has fees.

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For physical gold can look into: https://www.bullionstar.com/

For ETF, GLDM: https://finance.yahoo.com/quote/GLDM/

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If you buy physical, you can literally cash out on the spot when you need the cash.

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