3 ms·
Good is a non-productive asset. If you buy gold and just hold it, you earn nothing, especially if the price never goes up. Good just sits there tying up your
by devoutsalsa 3y ago
Good is a non-productive asset. If you buy gold and just hold it, you earn nothing, especially if the price never goes up. Good just sits there tying up your money. If you buy gold low from people willing to sell at a discount (e.g. cash for below market gold jewelry), then you sell at full retail value, you’re making money.