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The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum!

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Old 06-28-2010, 09:14 PM
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2ndamendment 2ndamendment is offline
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Your money, it is up to you if you would like to buy gold.
From an investment stand point there are other investment vehicles that give better returns than gold.The return on gold investment for roughly the last ten years averages about 2%. If things were to get that bad, the majority of people would not be trading gold. Hard times would mean trading things like food, fuel, basic things, etc.
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Old 06-28-2010, 10:35 PM
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speck-chaser speck-chaser is offline
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Quote:
Originally Posted by 2ndamendment View Post
Your money, it is up to you if you would like to buy gold.
From an investment stand point there are other investment vehicles that give better returns than gold.The return on gold investment for roughly the last ten years averages about 2%. If things were to get that bad, the majority of people would not be trading gold. Hard times would mean trading things like food, fuel, basic things, etc.


well, I guess Ill look for some other funds to try then, want to make more than 2%
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