I read lots of ur articles from ur twitter feed, i have about 10k in gold, i was thinking of selling it and invest but i know nuthing about it---u think i shud keep the gold or do sum investing?? Im a former pro boxer--had a private gym in Las Vegas after i retired and 3 back surgeries retired me--need help if possible--luv ur articles and ur twiiter--good work
Asked by Lance f. on 1/24/2017
2 Answers
Vlad B.8/1/2017
It would not be a good time to bet the boat on Gold right now. The velocity of money is dropping this is something that most gold experts don't understand and that is why they assumed Gold would continue to soar. We bailed out of Gold in 2011 close to the top and moved into equities and the US Dollar. From a very long term perspective, it might make sense to put some money into Gold bullion but as stated before it would not be prudent to bet the house on Gold
If you have not read this article it could prove to be useful
https://tacticalinvestor.com/the-gold-bull-is-dead/
If you have not read this article it could prove to be useful
https://tacticalinvestor.com/the-gold-bull-is-dead/
Victor I.1/5/2019
I am a subscriber who owns gold. I own Gold as a hedge and only allocate at most 10% of my portfolio. I lightened up after 2011.
My general strategy which rhymes with theirs is to build a list of stocks I like and then when the market's pullback strongly I jump into these shares. Tactical Investor takes it a step further by stating the following " the stronger the deviation (pullback) the better the opportunity.
I believe that Gold will make a comeback one day but I am more bullish on Silver. However, I am not going to put all my money into Gold or any single investment as its that goes against the basic rules of managing your portfolio
The best place to ask your question is by sending them an email at tacticalsubscriptions@gmail.com
My general strategy which rhymes with theirs is to build a list of stocks I like and then when the market's pullback strongly I jump into these shares. Tactical Investor takes it a step further by stating the following " the stronger the deviation (pullback) the better the opportunity.
I believe that Gold will make a comeback one day but I am more bullish on Silver. However, I am not going to put all my money into Gold or any single investment as its that goes against the basic rules of managing your portfolio
The best place to ask your question is by sending them an email at tacticalsubscriptions@gmail.com
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