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As part of a portfolio you hold for decades? Sure. Otherwise? No. https://en.wikipedia.org/wiki/Modern_portfolio_theory https://en.wikipedia.org/wiki/Modern
by nostromo 7y ago
As part of a portfolio you hold for decades? Sure.
Otherwise? No.
https://en.wikipedia.org/wiki/Modern_portfolio_theory https://en.wikipedia.org/wiki/Modern_portfolio_theory
- TheHegemon 7y agoNo, gold has not outperformed even cash in the last 30 years. It is only worth it if you can time it precisely: https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart https://www.macrotrends.net/1333/historical-gold-prices-100-...
- nostromo 7y agoRead and understand the link I posted. The point of holding gold isn't to increase your returns, but to reduce the volatility of a diversified portfolio.
- icelancer 7y ago>> gold has not outperformed even cash in the last 30 years. It is specifically geared to underperform it in markets like this, so it's doing its job.