Buy physical gold, yes or no?

[GreenGrass]

Nah I'm not a troll. I'm exploring my options trying to make sure I'm making the best move.

make me rich

 

[tuckgod]

Gold's primary purpose is to hedge against inflation. If you're expecting massive inflation over the mid-to-long term then gold is a good play. With the mindblowingly low interest rate environment we're in now, it would seem that inflation is likely to rise in the coming years, however that depends on the economy rebounding which is likely but not a certainty.

Personally, I can't imagine the dollar falling enough over the mid-to-long term to justify gold over a blue chip stock like Apple or Amazon. And if the economy does rebound, then consumer spending will certainly increase the value of your investments in a blue chip stock more than it would in gold.

If you want the best way to hedge against inflation, buy a house with a low fixed interest-rate mortgage.

I'm not a professional or anything so take what I'm saying with a grain of salt.

Thanks for posting that.

Gave me a lot to research.

 

[Buzzed Lightyear]

make me rich

Start a business.

 

[the bossman]

I'm still educating myself on the currencies & which one(s) is going to be the tender they use.

Keep it simple. Just buy bitcoin. It's the king. It's the original. This is where Fortune 500 companies are beginning to put their money. (MicroStrategy, Square, PayPal, etc.)

 

[GreenGrass]

Start a business.

dont know where to begin .

i will think about it.

 

[Buzzed Lightyear]

dont know where to begin .

i will think about it.

There's hella unlicensed products on YouTube up for grabs. Food recipes, hygiene products, grooming products, etc.

 

[Hater Eraser]

AKON (HOOK) :

" I know you tryin' to get high
Type of shyt that have you leanin' sideways
Take a whiff of this suicide
Holla at me, ‘cause I got it all day
No need to fly to Jamaica
For the ganja, we can get the same thing
You want that bom bom biggy?
Holla at my niggie right here in LA "