$ETFS Physical Gold(GOLD.AU)$ $SPDR Gold Shares(GLD)$ I'm continue to be bullish on gold. While now it is having a pull back, it is good time to look for support before adding some considering rebalancing of portfolio. I think gold is ideal to be 10% of total portfolio. I think it is not for making money but as a safety asset just in case some bad things happen like war break out or hyperinflation. In addition it works well as a store of value. The other 90% of portfolio can grow, this 10% just like insurance. Buy and forget, if needed can keep adding to 10%.
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- snugglo·10-29Great insights! Gold truly is a safety net! [Heart]1Report
- Athena Spenser·10-29Gold’s not for gains? Smart!1Report
- Astrid Stephen·10-29Love this safe, no-fuss plan!2Report