This is a guest post by Kim Iskyan, the founder of Truewealth Publishing. We had interviewed Kim previously where he shared insights about succeeding as a retail investor. Today he shares about Gold and why retail investors should have it in their portfolio.
A lot of investors either love gold… or hate it. But there’s very good reason to move past your emotions – and invest in gold regardless of your feelings about it.
There are the “gold bugs” – people who think that the financial world is on the brink of collapse and the only asset that will survive is gold. They point out that gold is immune to inflation, it’s historically been used as a global currency, and it is not affected by what governments do with the economy. In a world of negative interest rates, that gold doesn’t pay dividends doesn’t matter. So, they stock up on ......