Buying Gold: Is it Right for You? During these difficult economic times, many investors are looking to protect their assets and 1.------- their portfolios to minimize risk. You may have heard a lot about buying gold as an investment. But is it right for you? For hundreds of years, gold has been 2.------- for its rarity and has been highly-valued because of this. It has been the classic symbol of wealth as well as a way to store wealth. In investing today, many people believe purchasing gold is a good strategy to protect against inflation and downturns in the market. The drawback, however, is that an investment in gold doesn't create additional wealth through interest. If you purchase physical gold, as opposed to precious metal funds, you must secure your gold and are 3.------- to theft if it is not stored properly. As with any investment, research your options thoroughly in order to make the decision that's right for you, and always be sure to use a reputable broker. |
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