Re: Investing in gold?

Posted by Lightening Bug on September 10, 2009 at 15:21:03 from (72.85.45.108):

In Reply to: Investing in gold? posted by ~Lenore on September 10, 2009 at 10:50:40:

This is a tough call. Why - because you need to have someone you can trust who looks at the total picture.

One has to look at questions like:

How old are you?
How much money do you already have invested?
Do you have a 401K? How long? Have you matched the funds with your co.?
Do you have other investments? How much and how long?

In other words there is no way over the internet one can recommend investment approaches.

Unless you invest in ETF's more than likely investing in gold may not be wise. However, hit the flea markets, yard sales, etc. and buy gold - resell it and invest where you have determined it is appropriate.

Take care.

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