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Now is not the right time to invest. Now gold is going down in price, which means all the people who bought at $1800 and are now holding $1600 gold are REAL upset.

My opinion on this subject, which is NOT shared by a lot of people, is gold is worth $600 per ounce. Period. I don't think it's worth buying once it gets past $650, because gold is like any other investment vehicle: It can, and does, lose value on a moment's notice. There's never been an investment vehicle, since investing was invented, that didn't lose value periodically.

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Is this the right time to invest in gold?

Yes. Anytime is a good time to invest in gold as long as you buy in intervals and in small quantities to average out any losses due to price movement of Gold


What is a good money management plan?

Investing in gold and/or silver. Precious metals are at all time highs. Everyone should invest in gold or silver since the value of the dollar is dropping everyday and some time soon will be worthless.


Im 13 and have 8000 dollars that i won what should you do with it?

If you invest in a rare gold coin and wait for the gold market to go up in price then you should make a nice profit in a short period of time.


When is the best time to invest in stocks?

The best time to invest in stocks depends on a few differing factors. SInce the market is constantly fluctuation, you will want to ask a financial adviser if you are unsure of which stocks are best to invest in.


How do you invest in precious metals?

Precious metals like gold and silver have been solid avenues for investment for ages. People have been investing in them in the form of jewellery, coins, bullion (bars) etc. We can follow these ways to invest in precious metals too. One of the latest developments is a gold ETF (Exchange Traded Fund). A gold ETF is like a mutual fund and each unit is worth one measurement of gold (usually a gram or ounce etc) you can buy and sell units like you do with mutual funds and every time you buy/sell the units gold equivalent to the quantity you buy/sell is added/removed from your account.

Related Questions

Is this the right time to invest in gold?

Yes. Anytime is a good time to invest in gold as long as you buy in intervals and in small quantities to average out any losses due to price movement of Gold


When is the right time to invest in a company that is under chapter 11 Bankruptcy?

no time is right time to invest in such company


As a student, can you invest in blockchain - altcoins?

I think you should not invest as student.


Is it smart to invest in gold at this time?

Yes gold is a great investment right now. The problem is that since gold is selling at such a high price right now your initial cost is much greater than usual.


At what age do the majority of people begin investing in gold?

Most people who invest in gold, regardless of age, are at a time in their lives when they can afford 1200 usd per ounce of gold. This site can help you determine if you would like to invest in gold: http://badmoneyadvice.com/2010/07/should-you-invest-in-gold.html


It is not the right time to invest in stock market and why?

There is no right or wrong "time to get into the stock market." It is always time to invest, as long as you know what you are investing in. If you know that a company will soon be making money because of Christmas or another holiday, than of course you would want to invest in it.


Will gold price go down in following months also Please tell you the right time to buy gold?

Its not really the right time to buy gold for the long term,But for short term yea it is.


What is a good money management plan?

Investing in gold and/or silver. Precious metals are at all time highs. Everyone should invest in gold or silver since the value of the dollar is dropping everyday and some time soon will be worthless.


Im 13 and have 8000 dollars that i won what should you do with it?

If you invest in a rare gold coin and wait for the gold market to go up in price then you should make a nice profit in a short period of time.


What are the advantages buying gold for WoW?

There are many advantages of buying gold for World of Warcraft. Some of them are the following: one does not have to farm hours for an item one wishes and can invest one's time somewhere else.


How you can invest in gold?

There are five different ways or categories in which you can invest in relation to gold in one way or another:1. Gold ETF's - (electronically traded funds). An ETF is actually investing in a set or group of stocks ..that can be traded fast like an individual stock.2. Gold based Mutual Funds - A large collection of individual stocks held collectively as one single investment instrument.3. Junior Stocks - investing in companies that are looking for gold or exploring in search of gold.4. Gold Futures - Investing in gold futures is simply betting on what the price of gold will be over a certain period of time. If you bet right.. you earn. Options and puts are part of this equation.and last ...5. Direct Ownership!! *The best kind of gold ownership in the purist's opinions. Having gold on hand in your possession, or securely stored for you. Buying bullion...coins etc or Direct ownership such as a Gold IRA or Gold 401K retirement accounts are the safest of all gold investing protocols.Gold is a wonderful investment over time. It is seen as real, authentic wealth world-wide and has been used as such for thousands of years.For more on the five different ways to invest in gold and to see more details on the benefits of each see here: http://www.regalassets.club/choosing-a-gold-investment-firm/five-ways-to-invest/


What is an explanation of time is gold?

It is the most precious thing you own. Once you spend it, you can't get it back. If you waste it, you will be poor, but if you are wise, you will invest it in others, work, and so on, and you will be wise in spirit