deuxsous

Using Gold to Protect a Portfolio

LarryH, Good idea. Gold of course has had and will have bear markets too, but during those times, interest rates fall from initial high rates so bonds will have capital gains.

I'm retired and generate income from investments to live on. Quite conincidentally and independently of Keith Fitz-Gerald, I have had what is now ~9.5% of total invested funds in physical gold for the past ten years, and it works. I have other inflation beneficiary investments too, but 80% is in fixed income.

Most people who love gold these days are short term speculators, and there is nothing at all wrong with that, but Keith's point (and mine and yours) is that gold also works for conservative investors.