Episode 155: Why Buy Gold
I'm sure you've seen the TV ads to buy gold and silver. Is this a good idea? Many people own physical gold and silver, and some have stock market investments in precious metals. But why buy gold or silver? Today we talk about 8 reasons gold has been owned today and in the past. Key Takeaways: Gold has intrinsic value and has been used as money for thousands of years Gold can be a safe haven during turbulent times Diversification of investments - generally not to exceed 10-15% of total wealth We like pre-1933 coins