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Investing in Gold and Silver: a Good Choice?

gold and silver

I explain why I don’t think investing in gold and silver is the best choice in this short video, but the gist of it is that gold and silver are only worth what people are willing to pay for them. They actually have no intrinsic value of their own, unlike companies who have earnings. More personal finance for ESL teachers abroad: The Wealthy English Teacher: Teach, Travel, and Secure Your Financial Future.

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What about Investing in Gold and Silver?

My Old Coworker’s Obsession I remember a few years ago when I worked with a couple guys who were obsessed with buying gold and silver. They were totally and completely convinced that stockpiling these two assets, physically was the best way to put their hard-earned dollars to work. I remember thinking that this seemed like a complicated endeavor because you had to go buy the product and hope you were not getting ripped off, then you…

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What’s in my Portfolio: Gold and Silver

Gold accounts for 5.6%, and silver 2.2% of my portfolio.  I am really not as well-versed in this area as I am with dividend paying stocks and ETFs, so will just offer some very general thoughts. I use ETFs (GLD/SLV) to invest in them because it’s annoying and expensive to physically hold it.  Of course, you could just buy them from a store in your town or whatever, but I’m no expert and would actually…

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