10-31-2007, 03:22 PM
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Greenhorn
Join Date: Jul 2006
Posts: 11
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Is investing in precious metals a good hedge against inflation?
Is investing in precious metals a good hedge against inflation?
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10-31-2007, 03:22 PM
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#2 |
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Greenhorn
Join Date: Jul 2006
Posts: 13
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Is investing in precious metals a good hedge against inflation?
Precious metals are a highly volatile investment vehicle. Most advisers recommend no more than 10% in precious metals.
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10-31-2007, 03:22 PM
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#3 |
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Greenhorn
Join Date: Jul 2006
Posts: 17
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Is investing in precious metals a good hedge against inflation?
Yes, they are considered a hedge against inflation. Hard assets in general are a hedge against inflation. They tend to increase in value while securities and financial assets tend to go down as inflation goes up.
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10-31-2007, 03:22 PM
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#4 |
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Savings Advisor
Join Date: Jul 2006
Posts: 132
Rep Power: 6 |
Is investing in precious metals a good hedge against inflation?
Yes, the classic investment for that is gold. And your wife or girl friend will be fully in favor of that.
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10-31-2007, 03:22 PM
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#5 |
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Greenhorn
Join Date: Jul 2006
Posts: 30
Rep Power: 6 |
Is investing in precious metals a good hedge against inflation?
Yes.
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10-31-2007, 03:22 PM
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#6 |
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Greenhorn
Join Date: Jul 2006
Posts: 17
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Is investing in precious metals a good hedge against inflation?
I believe that investing in commodities and precious metals is a good hedge against inflation, this is why commodities and gold have been going up so strongly over the past years. An easy way to invest in commodities (apart from futures) is through an ETF (Exchange Traded Fund), examples are:
DBCPowerShares DB Commodity Idx Trking Fund DJPiPath Dow Jones-AIG Commodity Idx TR ETN If you strictly want to invest in Gold or Silver consider: GLDstreetTRACKS Gold Shares SLViShares Silver Trust GDXMarket Vectors Gold Miners However also watch the inflation (inflationdata.com), which has actually come down since 2005 and 2006. |
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06-20-2008, 04:41 PM
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#7 |
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Super Moderator
Join Date: Aug 2006
Location: West Coast
Posts: 773
Rep Power: 7 |
There are several funds out there that invest in gold and other metals. Like what is posted above, never invest more than 5-10% of a portfolio in metals.
on a side note, buying pawn shop gold/silver is a very bad investment. it's not worth it and it's hard to resell this stuff for any great value. yes, i had a client tell me they were swooping up everything they could. *shakes head* |
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