Thread: Precious Metals
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Old 07-17-2007, 12:35 AM   #6
nikuman
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Quote:
Originally Posted by BlueHair View Post
A question for the financial guys (or gals) on the board. I was told I should have between five and ten percent of my assets in gold or other precious metals (but preferably gold). Is this sound advice? Ten percent seems like a lot. If it is good advice, what is the best way to accomplish this? Is it better to buy bullion or invest in gold stocks?
No way. Metals are notoriously volatile, and I'd never mess around with them. I leave that to the professional mining/hedging types. You can lose your shirt (although you can print money too). I'm just not smart enough.
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