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Anonymous

12 Apr 2020

What is your view in gold investment? Is it a good investment? What are the pros and cons?

Would now be a good time to invest in gold?

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    What are your thoughts?

    For gold, it is seen as a hedge, not an investment! Eric pointed out correctly!

    I like to invest in equities because they represent ownership of companies which may grow in the future!

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      Elijah Lee

      Elijah Lee

      05 Dec 2019

      Level 17Β·Independent Financial Advisor at Phillip Securities (Jurong East)

      Gold as a commodity is subject to high volatility.

      But people do buy into it as a hedge due to the decoupling effect with regards to correlation of its performance during market turmoil. You can buy into it via gold ETFs, gold certs, etc.

      I wouldn't put too much in though. It's not going to produce income for me.

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        I dealt with commodities like gold before..

        But I have changed my investments into businesses becau...

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