tag:blogger.com,1999:blog-9133761383159305354.post1258781446241881116..comments2019-01-15T20:06:20.167-05:00Comments on The Starving Artist (Canada): Gold - It's shiny!The Starving Artist (Canada)http://www.blogger.com/profile/12310403375580554795noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-9133761383159305354.post-19804399128089884402012-08-17T17:24:37.639-04:002012-08-17T17:24:37.639-04:00No argument there Barb! But on a long term perspe...No argument there Barb! But on a long term perspective NOW is always the right time to buy. <br /><br />A small investor won't be hurt buy buying a 1oz bar now and losing it in the sock drawer for 40 years.<br /><br />The price may pull back 20-50% (based on historical moves) in the next 3-11 years. My grandkids are going to be VERY happy when grandpa shows up for xmas! (My first child is not even 2 just yet)<br /><br /><br /><br />The Starving Artist (Canada)https://www.blogger.com/profile/12310403375580554795noreply@blogger.comtag:blogger.com,1999:blog-9133761383159305354.post-9765101619149929762012-08-16T23:32:36.025-04:002012-08-16T23:32:36.025-04:00Actually, gold doesn't pay dividends like stoc...Actually, gold doesn't pay dividends like stocks and is at long time highs in price, I'd avoid gold at present. But, I guess if you're broadly diversified, it's certainly negatively correlated with other asset classes and may offer some risk reduction in your overall portfolio.Barb Friedberghttps://www.blogger.com/profile/12044519456398288988noreply@blogger.comtag:blogger.com,1999:blog-9133761383159305354.post-29039993189370201122012-08-14T13:10:13.332-04:002012-08-14T13:10:13.332-04:00I think gold has a place in nearly every portfolio...I think gold has a place in nearly every portfolio in some way or another. Unless your portfolio consists of the forlorn coins in your chesterfield.<br /><br />It's something that young people can buy now and forget about for 40 years and it will make them money.The Starving Artist (Canada)https://www.blogger.com/profile/12310403375580554795noreply@blogger.comtag:blogger.com,1999:blog-9133761383159305354.post-10223422864965496342012-08-13T16:15:32.028-04:002012-08-13T16:15:32.028-04:00LOL. Love the disclaimer. I'm not into buying ...LOL. Love the disclaimer. I'm not into buying gold but I think it can fit into a person's portfolio as a hedge against other risks. I'm not a believer that it will do what it has done over the last 5 years tho.Jasonhttp://worksavelive.comnoreply@blogger.com