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Episode 155: Why Buy Gold

Episode 155: Why Buy Gold

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I'm sure you've seen the TV ads to buy gold and silver. Is this a good idea? Many people own physical gold and silver, and some have stock market investments in precious metals. But why buy gold or silver? Today we talk about 8 reasons gold has been owned today and in the past.

Key Takeaways:
  • Gold has intrinsic value and has been used as money for thousands of years
  • Gold can be a safe haven during turbulent times
  • Diversification of investments - generally not to exceed 10-15% of total wealth
  • We like pre-1933 coins

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