facebookIs gold a good investment to get into? Anyone here invests in gold? Do you think it's a good investment or not and please provide reasons? - Seedly

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Anonymous

29 Nov 2020

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General Investing

Is gold a good investment to get into? Anyone here invests in gold? Do you think it's a good investment or not and please provide reasons?

Thanks in advance.

Discussion (5)

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Sabrina Wong

Edited 17 Jan 2022

Communications at University at Buffalo

I personally invest in gold and I'm currently using Hugo Save where you can invest in gold for as low as $0.01 and for as long as you want to. The gold in the Hugo Gold Vault is physical gold allocated to the user and is safe.

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Here's why I feel we should all have gold a part of our investment portfolio:

  • Gold is also still one of the most traded assets in the world. There is active and strong demand.
  • The gold market is one of the most liquid markets in the world, with roughly US$200bn traded on recognised exchanges everyday.
  • Gold is a good hedge against investment risks; having gold in your portfolio can dampen out the volatility of your other investments.
  • Unlike fiat currency and other assets, gold holds its value over time regardless of what goes on around it.

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Here's sharing some insights from an article why you should start investing in gold: https://bit.ly/case4gold

Alex Chua

29 Nov 2020

Seedly student Ambassador 2020/21 at Seedly

I will borrow words from Warren Buffet.

I personally do not see gold as a form of investment. Inste...

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