[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.101″ background_layout=”light”]<\/p>\n
It\u2019s OK to like shiny things but are they good invest- ments? You can invest in gold and silver by buying the actual physical products, or, through ETFs and stock in gold mines or mutual funds. But, I keep seeing commercials on TV; Mr. So \u2018n So thinks it\u2019s a great idea and can\u2019t lose. He\u2019s an actor, so I\u2019m sure he knows a lot about investing. He makes gold sound like a \u2018can\u2019t lose\u2019 proposition. Not so much!<\/p>\n
How about silver? The commercial also seems to think that\u2019s a \u2018can\u2019t lose\u2019.<\/p>\n
How are they getting away with this deceit? Buying gold is the oldest type of investing. The reason why gold cannot be an investment, is because it belongs to a class of investments that will never produce anything. Growth in its value depends entirely on the belief that someone else will eventually pay more for it. Gold is an unproductive asset. A pile of gold will always be just that, a pile of gold. An equivelent amount of money deployed into a business can generate actual wealth and grow larger in a fundamental way. The value of gold has always been driven by the fear that other assets will lose value.<\/p>\n
Does this mean that nobody should invest in gold or other precious metals? No. Not necessarily. It can have a place in a diversified portfolio, but understand, it\u2019s not all that the commercials make it out to be and it\u2019s not a sure thing.<\/em><\/p>\n [\/et_pb_text][et_pb_image _builder_version=”3.0.101″ src=”https:\/\/americanretirementadvisors.com\/wp-content\/uploads\/2019\/12\/Gold-chart-1.png” show_in_lightbox=”off” url_new_window=”off” use_overlay=”off” always_center_on_mobile=”on” force_fullwidth=”off” show_bottom_space=”on” \/][et_pb_image _builder_version=”3.0.101″ src=”https:\/\/americanretirementadvisors.com\/wp-content\/uploads\/2019\/12\/silver.png” show_in_lightbox=”off” url_new_window=”off” use_overlay=”off” always_center_on_mobile=”on” force_fullwidth=”off” show_bottom_space=”on” \/][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"