Is it a good idea to invest in Gold?

  1. Arvind Babajee profile image61
    Arvind Babajeeposted 11 months ago

    Is it a good idea to invest in Gold?

  2. Omar Eldamsheety profile image62
    Omar Eldamsheetyposted 11 months ago

    I think so ... Gold is a good investment but it needs you to be very clever.

  3. tamarawilhite profile image91
    tamarawilhiteposted 11 months ago

    If you live in India while it is demonetizing and risk the 100% to 200% tax if you deposit too much money, yes, buying gold is better than risking losing all your money per government policies.
    If you live anywhere else, no, don't buy gold, it only goes up in value based on fear and hype. It is better to invest in assets that produce revenue from stocks that pay dividends to rental real estate.