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try
try jepi for dividend
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Gold is only a good investment if you can hold it a long time like 20 years. Most of us will not live another 20 years. Worst case scenario happens who are you going to trade gold with>? There are many other commodities that would be much easier to trade.
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The negative comments on gold is unformed. Do some research.
Then while inflation eats away your purchasing power you will soon discover that the lifespan of the US dollar is reaching it's end. Don't trust me. Go to the FED website and do some research. |
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That being said, if things get really bad, you won't be able to buy food with even gold. So ... gold, food, water, guns, ammo are the future essentials. |
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But it in any investment account. GLD but do know, it is a commodity. So profits are taxed like cash instead of like stock
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Gold may have a spot price of $1,000 while its futures price may be $1,300. That's how its bought and sold. Do you go into a car lot pay exactly what the dealer paid for it? No, the only thing different is gold goes up in the long term. Right now in May 2023 its the highest gold has ever been .
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When times get tough? Are you talking about in 2000? How about 2007/2008? I didn’t have gold then and those 2 events were pretty bad.
If you look at gold for the last 10/11 years, gold is up 10% or a little more. If you bought meta/Tesla within the last 6 months, you are up 100% in meta and Tesla is up close to that. I would not buy gold from anybody on those commercials, I would buy a fund of gold or silver. |
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